Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Cyclically Adjusted PB Ratio: 0.46 (As of Aug. 30, 2026) — 67% Below Median

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NSE:EMKAYTOOLS Emkay Taps and Cutting Tools Ltd NSE:EMKAYTOOLS
65 GF Score
Price ₹94.20
GF Value ₹153.73
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Emkay Taps and Cutting Tools Cyclically Adjusted PB Ratio?

Emkay Taps and Cutting Tools NSE:EMKAYTOOLS -2.69% 65 Cyclically Adjusted PB Ratio is 0.46 as of Aug. 30, 2026, which is 67% below its 10-year median of 1.38. GuruFocus rates NSE:EMKAYTOOLS with a GF Score™ of 65/100 and a GF Value™ of ₹153.73 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,104 Industrial Products companies, Emkay Taps and Cutting Tools ranks better than 89.5% on this metric.

As of today (2026-08-30), Emkay Taps and Cutting Tools's current share price is ₹94.20. Emkay Taps and Cutting Tools's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹202.77. Emkay Taps and Cutting Tools's Cyclically Adjusted PB Ratio for today is 0.46.

The historical rank and industry rank for Emkay Taps and Cutting Tools's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:EMKAYTOOLS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.38   Max: 8.74
Current: 0.46

During the past 12 years, Emkay Taps and Cutting Tools's highest Cyclically Adjusted PB Ratio was 8.74. The lowest was 0.44. And the median was 1.38.

NSE:EMKAYTOOLS's Cyclically Adjusted PB Ratio is ranked better than
89.5% of 2104 companies
in the Industrial Products industry
Industry Median: 2.15 vs NSE:EMKAYTOOLS: 0.46

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.

Emkay Taps and Cutting Tools's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹277.100. 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 ₹202.77 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emkay Taps and Cutting Tools  (NSE:EMKAYTOOLS) 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.


Emkay Taps and Cutting Tools Cyclically Adjusted PB Ratio Related Terms


Emkay Taps and Cutting Tools Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Emkay Taps and Cutting Tools'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.

Emkay Taps and Cutting Tools Cyclically Adjusted PB Ratio Chart

Emkay Taps and Cutting Tools 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 4.18 2.07 0.41

Emkay Taps and Cutting Tools Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Mar26
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 4.18 0.00 2.07 0.41

NSE:EMKAYTOOLS vs SNA, RBC, LECO: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Emkay Taps and Cutting Tools'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.


Emkay Taps and Cutting Tools Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emkay Taps and Cutting Tools's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Emkay Taps and Cutting Tools's Cyclically Adjusted PB Ratio falls into.


NSE:EMKAYTOOLS
65GF Score
Emkay Taps and Cutting Tools Ltd NSE:EMKAYTOOLS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emkay Taps and Cutting Tools 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.

Emkay Taps and Cutting Tools's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=94.20/202.77
=0.46

* 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.

Emkay Taps and Cutting Tools's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Emkay Taps and Cutting Tools's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=277.1/164.2724*164.2724
=277.100

Current CPI (Mar26) = 164.2724.

Emkay Taps and Cutting Tools Annual Data

Book Value per Share CPI Adj_Book
201703 79.144 105.196 123.590
201803 97.392 109.786 145.727
201903 101.726 118.202 141.375
202003 114.101 124.705 150.304
202103 136.585 131.771 170.274
202203 169.633 138.822 200.732
202303 211.715 146.865 236.809
202403 280.111 153.035 300.681
202503 269.601 157.552 281.101
202603 277.100 164.272 277.100

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.

What does a Cyclically Adjusted PB Ratio of 0.46 mean?
Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) has a Cyclically Adjusted PB Ratio of 0.46 as of Aug. 30, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Emkay Taps and Cutting Tools and its competitors. This is 67% below median its historical median of 1.38. Over the past decade, Emkay Taps and Cutting Tools' Cyclically Adjusted PB Ratio has ranged from 0.44 to 8.74. According to the industry distribution chart, Emkay Taps and Cutting Tools ranks #221 out of 2104 companies in the Industrial Products industry, placing it in the top 10.5%.
Is Emkay Taps and Cutting Tools' Cyclically Adjusted PB Ratio too high?
Emkay Taps and Cutting Tools' current Cyclically Adjusted PB Ratio of 0.46 is 67% below median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 8.74. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.15. Emkay Taps and Cutting Tools' value of 0.46 is 78.6% below this industry median. Based on the distribution chart, Emkay Taps and Cutting Tools ranks #221 out of 2104 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Emkay Taps and Cutting Tools has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Emkay Taps and Cutting Tools' Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Emkay Taps and Cutting Tools ranks #221 out of 2104 companies for Cyclically Adjusted PB Ratio. This places Emkay Taps and Cutting Tools in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.15. Emkay Taps and Cutting Tools' value of 0.46 is 78.6% below this benchmark. Historically, Emkay Taps and Cutting Tools' own Cyclically Adjusted PB Ratio has ranged from 0.44 to 8.74 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 2.15, Emkay Taps and Cutting Tools has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.15, based on 2,104 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emkay Taps and Cutting Tools's current Cyclically Adjusted PB Ratio of 0.46 is 78.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Emkay Taps and Cutting Tools and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emkay Taps and Cutting Tools's current Cyclically Adjusted PB Ratio is 0.46, which is 67% below median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emkay Taps and Cutting Tools stock overvalued right now?
Based on GuruFocus' analysis, Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹153.73, compared to a current price of ₹94.20 — trading 38.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.46, which is 67% below median its 10-year median of 1.38 and 78.6% below the Industrial Products industry median of 2.15. Emkay Taps and Cutting Tools' overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS), the current Cyclically Adjusted PB Ratio is 0.46 as of Aug. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Overvalued in 2026?

Based on GuruFocus' analysis, Emkay Taps and Cutting Tools stock appears to be undervalued. The current stock price of ₹94.20 is trading 38.7% below its estimated GF Value™ of ₹153.73. GuruFocus considers Emkay Taps and Cutting Tools to be Possible Value Trap.

Key valuation signals for NSE:EMKAYTOOLS:

  • Cyclically Adjusted PB Ratio: 0.46 (67% below median its 10-year median of 1.38)
  • GF Value™: ₹153.73 vs. price of ₹94.20 (38.7% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 78.6% below the Industrial Products median (#221 of 2104)

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


Emkay Taps and Cutting Tools Business Description

Address Plot No. B-27 and B-27/1, MIDC Hingna Industrial Estate, Nagpur, MH, IND, 440016
Emkay Taps and Cutting Tools Ltd is engaged in manufacturing and selling taps and cutting tools. The company operates two main segments: the manufacturing of taps and cutting tools, and the production of power through windmills. The majority of its revenue is generated from the tools segment. It runs two wind farm projects located in Shivapura Kavalu Village, Belur Taluka, Hassan District, Karnataka, and Kita & Ugawa, Jaisalmer District, Rajasthan.
65GF Score

Get the complete analysis for NSE:EMKAYTOOLS

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

₹94.20
Price
₹153.73
GF Value