Electrosteel Castings (NSE:ELECTCAST) Cyclically Adjusted PB Ratio: (As of Aug. 25, 2026)

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NSE:ELECTCAST Electrosteel Castings Ltd NSE:ELECTCAST
72 GF Score
Price ₹74.53
GF Value ₹84.39
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Electrosteel Castings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Electrosteel Castings  (NSE:ELECTCAST) 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.


Electrosteel Castings Cyclically Adjusted PB Ratio Related Terms


Electrosteel Castings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Electrosteel Castings'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.

Electrosteel Castings Cyclically Adjusted PB Ratio Chart

Electrosteel Castings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.98 0.75

Electrosteel Castings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.93 0.00 0.75 0.00

NSE:ELECTCAST vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Electrosteel Castings'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.


Electrosteel Castings Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Electrosteel Castings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:ELECTCAST
72GF Score
Electrosteel Castings Ltd NSE:ELECTCAST
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electrosteel Castings 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.

Electrosteel Castings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Electrosteel Castings's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Electrosteel Castings Quarterly Data

Book Value per Share CPI Adj_Book
201203 52.120 76.889 113.445
201303 68.118 85.687 133.043
201403 64.048 91.425 117.243
201503 71.495 97.163 123.146
201603 69.773 102.518 113.902
201703 66.813 105.196 106.293
201803 69.440 109.786 105.854
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 65.001 118.202 92.032
201906 0.000 120.880 0.000
201909 67.825 123.175 92.154
201912 0.000 126.235 0.000
202003 66.523 124.705 89.275
202006 0.000 127.000 0.000
202009 63.363 130.118 81.497
202012 0.000 130.889 0.000
202103 86.060 131.771 109.302
202106 0.000 134.084 0.000
202109 68.129 135.847 83.932
202112 0.000 138.161 0.000
202203 69.005 138.822 83.189
202206 0.000 142.347 0.000
202209 70.931 144.661 82.060
202212 0.000 145.763 0.000
202303 73.707 146.865 83.992
202306 0.000 150.280 0.000
202309 76.902 151.492 84.956
202312 0.000 152.924 0.000
202403 82.708 153.035 90.449
202406 0.000 155.789 0.000
202409 87.956 157.882 93.235
202412 0.000 158.323 0.000
202503 93.525 157.552 99.346
202506 0.000 159.755 0.000
202509 95.341 162.289 98.318
202512 0.000 163.281 0.000
202603 95.818 164.272 97.617
202606 0.000 167.357 0.000

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.

Is Electrosteel Castings (NSE:ELECTCAST) Overvalued in 2026?

Based on GuruFocus' analysis, Electrosteel Castings stock appears to be undervalued. The current stock price of ₹74.53 is trading 11.7% below its estimated GF Value™ of ₹84.39. GuruFocus considers Electrosteel Castings to be Modestly Undervalued.

Key valuation signals for NSE:ELECTCAST:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹84.39 vs. price of ₹74.53 (11.7% below fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the NSE:ELECTCAST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Electrosteel Castings Business Description

Other Exchanges 500128:India
Address 19, Camac Street, G.K. Tower, Kolkata, WB, IND, 700017
Electrosteel Castings Ltd is a pipeline solution provider. The business activity of the firm is the manufacturing of ductile iron pipes, fittings, and cast-iron pipes. It offers a range of pipes, which includes DI pipes, Electrolock pipes, and DI flanged pipes, among others. In addition, it also produces Pig Iron, Metallurgical Coke, Sponge Iron, Sinter, Cement, Ferro products, Paint and Power. The company has one reportable segment, namely, Pipes and Fittings, and all other activities revolve around the main business. Geographically, it derives a majority of its revenue within India and also has its presence in international markets through exports of its products.
72GF Score

Get the complete analysis for NSE:ELECTCAST

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹74.53
Price
₹84.39
GF Value