Everest Industries (NSE:EVERESTIND) Cyclically Adjusted PB Ratio: (As of Aug. 12, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:EVERESTIND Everest Industries Ltd NSE:EVERESTIND
66 GF Score
Price ₹470.90
GF Value ₹505.94
Valuation Fairly Valued
! 5 Warning Signs
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What is Everest Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Everest Industries  (NSE:EVERESTIND) 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.


Everest Industries Cyclically Adjusted PB Ratio Related Terms


Everest Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Everest Industries'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.

Everest Industries Cyclically Adjusted PB Ratio Chart

Everest Industries 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 2.95 1.17 0.76

Everest Industries 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 1.78 0.00 0.76 0.00

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

For the Building Products & Equipment subindustry, Everest Industries'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.


Everest Industries Cyclically Adjusted PB Ratio vs Construction Industry

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

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


NSE:EVERESTIND
66GF Score
Everest Industries Ltd NSE:EVERESTIND
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Everest Industries 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.

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

For example, Everest Industries'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)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

Everest Industries Quarterly Data

Book Value per Share CPI Adj_Book
201309 195.451 91.042 356.683
201312 0.000 91.425 0.000
201403 193.734 91.425 352.071
201503 208.951 97.163 357.299
201603 223.386 102.518 362.029
201703 219.604 105.196 346.840
201803 254.749 109.786 385.525
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 288.675 118.202 405.763
201906 0.000 120.880 0.000
201909 291.993 123.175 393.857
201912 0.000 126.235 0.000
202003 289.478 124.705 385.673
202006 0.000 127.000 0.000
202009 313.226 130.118 399.953
202012 0.000 130.889 0.000
202103 325.206 131.771 410.042
202106 0.000 134.084 0.000
202109 337.282 135.847 412.507
202112 0.000 138.161 0.000
202203 345.895 138.822 413.976
202206 0.000 142.347 0.000
202209 356.263 144.661 409.173
202212 0.000 145.763 0.000
202303 369.507 146.865 418.017
202306 0.000 150.280 0.000
202309 372.744 151.492 408.798
202312 0.000 152.924 0.000
202403 378.373 153.035 410.789
202406 0.000 155.789 0.000
202409 380.625 157.882 400.546
202412 0.000 158.323 0.000
202503 377.125 157.552 397.695
202506 0.000 159.755 0.000
202509 363.540 162.289 372.178
202512 0.000 163.281 0.000
202603 311.875 164.272 315.431
202606 0.000 166.145 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 Everest Industries (NSE:EVERESTIND) Overvalued in 2026?

Based on GuruFocus' analysis, Everest Industries stock appears to be undervalued. The current stock price of ₹470.90 is trading 6.9% below its estimated GF Value™ of ₹505.94. GuruFocus considers Everest Industries to be Fairly Valued.

Key valuation signals for NSE:EVERESTIND:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹505.94 vs. price of ₹470.90 (6.9% below fair value)
  • GF Score™: 66/100 with 5 warning signs

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


Everest Industries Business Description

Other Exchanges 508906:India
Address Guru Hargovindji Road, Level 3, Tower 14, Solitaire Corporate Park, Chakala, Andheri (E), Mumbai, MH, IND, 40093
Everest Industries Ltd manufactures fiber cement products in India. The company is engaged in the manufacturing and trading of building products like roofing products, boards and panels, other building products, and accessories, and the manufacturing of components of pre-engineered steel buildings and related accessories. The business operations of the company are classified into two segments, namely Building Products, which contributes the majority of revenues, and Steel Buildings. Geographically, the company operates within India.
66GF Score

Get the complete analysis for NSE:EVERESTIND

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

₹470.90
Price
₹505.94
GF Value