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Eicher Motors (NSE:EICHERMOT) Cyclically Adjusted PB Ratio : 11.26 (As of Jun. 05, 2025)


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What is Eicher Motors Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Eicher Motors's current share price is ₹5319.50. Eicher Motors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹472.24. Eicher Motors's Cyclically Adjusted PB Ratio for today is 11.26.

The historical rank and industry rank for Eicher Motors's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:EICHERMOT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.38   Med: 10.85   Max: 15.49
Current: 11.29

During the past years, Eicher Motors's highest Cyclically Adjusted PB Ratio was 15.49. The lowest was 7.38. And the median was 10.85.

NSE:EICHERMOT's Cyclically Adjusted PB Ratio is ranked worse than
96.61% of 1003 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs NSE:EICHERMOT: 11.29

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Eicher Motors's adjusted book value per share data for the three months ended in Mar. 2025 was ₹776.779. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹472.24 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eicher Motors Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eicher Motors's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eicher Motors Cyclically Adjusted PB Ratio Chart

Eicher Motors Annual Data
Trend Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.20 8.66 8.85 10.06 11.32

Eicher Motors Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.06 - 11.40 - 11.32

Competitive Comparison of Eicher Motors's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Eicher Motors's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eicher Motors's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Eicher Motors's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eicher Motors's Cyclically Adjusted PB Ratio falls into.


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Eicher Motors Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Eicher Motors's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5319.50/472.24
=11.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Eicher Motors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Eicher Motors's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=776.779/157.5517*157.5517
=776.779

Current CPI (Mar. 2025) = 157.5517.

Eicher Motors Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.000 97.163 0.000
201506 108.007 99.841 170.439
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201606 0.000 105.961 0.000
201609 163.847 105.961 243.621
201612 0.000 105.196 0.000
201703 196.436 105.196 294.202
201706 0.000 107.109 0.000
201709 220.869 109.021 319.188
201712 0.000 109.404 0.000
201803 257.932 109.786 370.152
201806 0.000 111.317 0.000
201809 286.791 115.142 392.424
201812 0.000 115.142 0.000
201903 326.901 118.202 435.727
201906 0.000 120.880 0.000
201909 349.266 123.175 446.742
201912 0.000 126.235 0.000
202003 365.540 124.705 461.821
202006 0.000 127.000 0.000
202009 377.657 130.118 457.281
202012 0.000 130.889 0.000
202103 418.462 131.771 500.335
202106 0.000 134.084 0.000
202109 421.958 135.847 489.376
202112 0.000 138.161 0.000
202203 461.117 138.822 523.331
202206 0.000 142.347 0.000
202209 485.483 144.661 528.744
202212 0.000 145.763 0.000
202303 547.782 146.865 587.643
202306 0.000 150.280 0.000
202309 581.954 151.492 605.232
202312 0.000 152.924 0.000
202403 659.063 153.035 678.517
202406 0.000 155.789 0.000
202409 692.530 157.882 691.080
202412 0.000 158.323 0.000
202503 776.779 157.552 776.779

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Eicher Motors  (NSE:EICHERMOT) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Eicher Motors Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Eicher Motors's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Eicher Motors Business Description

Traded in Other Exchanges
Address
No. 96, Sector 32, Gurugram, HR, IND, 122001
Eicher Motors Ltd is an Indian automobile manufacturer and is also engaged in the retail of related components and accessories. The company manufactures two-wheeler motorcycles and commercial vehicles. The Motorcycles division, which derives its key revenue, produces motorcycles through the Royal Enfield brand. The Commercial Vehicles division, through a joint venture with Volvo, produces trucks and buses for sale in India and other developing markets. The company derives the vast majority of its revenue within India and also has a presence in overseas markets.

Eicher Motors Headlines

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