Expleo Solutions (NSE:EXPLEOSOL) Cyclically Adjusted PB Ratio: (As of Sep. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:EXPLEOSOL Expleo Solutions Ltd NSE:EXPLEOSOL
92 GF Score
Price ₹899.55
GF Value ₹1,260.89
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Expleo Solutions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Expleo Solutions  (NSE:EXPLEOSOL) 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.


Expleo Solutions Cyclically Adjusted PB Ratio Related Terms


Expleo Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Expleo Solutions'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.

Expleo Solutions Cyclically Adjusted PB Ratio Chart

Expleo Solutions 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 9.77 5.95 5.13 2.97 2.11

Expleo Solutions 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 3.39 0.00 2.11 0.00

NSE:EXPLEOSOL vs IBM, ACN, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Expleo Solutions'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.


Expleo Solutions Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Expleo Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:EXPLEOSOL
92GF Score
Expleo Solutions Ltd NSE:EXPLEOSOL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Expleo Solutions 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.

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

For example, Expleo Solutions'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.

Expleo Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201609 116.199 105.961 183.527
201612 0.000 105.196 0.000
201703 119.029 105.196 189.364
201706 0.000 107.109 0.000
201709 110.124 109.021 169.050
201712 0.000 109.404 0.000
201803 120.070 109.786 183.034
201806 0.000 111.317 0.000
201809 116.451 115.142 169.260
201812 0.000 115.142 0.000
201903 129.604 118.202 183.501
201906 0.000 120.880 0.000
201909 124.642 123.175 169.351
201912 0.000 126.235 0.000
202003 148.461 124.705 199.238
202006 0.000 127.000 0.000
202009 174.754 130.118 224.768
202012 0.000 130.889 0.000
202103 196.901 131.771 250.077
202106 0.000 134.084 0.000
202109 220.778 135.847 271.988
202112 0.000 138.161 0.000
202203 384.879 138.822 463.993
202206 0.000 142.347 0.000
202209 284.244 144.661 328.840
202212 0.000 145.763 0.000
202303 517.199 146.865 589.366
202306 0.000 150.280 0.000
202309 362.503 151.492 400.467
202312 0.000 152.924 0.000
202403 393.783 153.035 430.638
202406 0.000 155.789 0.000
202409 432.072 157.882 458.002
202412 0.000 158.323 0.000
202503 409.693 157.552 435.191
202506 0.000 159.755 0.000
202509 453.383 162.289 467.542
202512 0.000 163.281 0.000
202603 500.201 164.272 509.594
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 Expleo Solutions (NSE:EXPLEOSOL) Overvalued in 2026?

Based on GuruFocus' analysis, Expleo Solutions stock appears to be undervalued. The current stock price of ₹899.55 is trading 28.7% below its estimated GF Value™ of ₹1,260.89. GuruFocus considers Expleo Solutions to be Modestly Undervalued.

Key valuation signals for NSE:EXPLEOSOL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,260.89 vs. price of ₹899.55 (28.7% below fair value)
  • GF Score™: 92/100 with 3 warning signs

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


Expleo Solutions Business Description

Other Exchanges 533121:India
Address 6A, Sixth Floor, Prince Infocity II, Number 283/3 and 283/4, Rajiv Gandhi Salai (OMR), Kandanchavadi, Chennai, TN, IND, 600096
Expleo Solutions Ltd is an India-based holding company. It is engaged in providing software testing services. The company delivers software validation and verification services to the banking and financial services industry around the world. It offers its services to various industries, including banking, finance, and insurance; energy and utilities; automotive and manufacturing; retail and logistics, and telecommunications. The services offered by the company consist of Management Consultancy, Quality Management, Technical Testing Services and Training services.
92GF Score

Get the complete analysis for NSE:EXPLEOSOL

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

₹899.55
Price
₹1,260.89
GF Value