Garware Technical Fibres (NSE:GARFIBRES) Cyclically Adjusted PB Ratio: (As of Aug. 12, 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.
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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:GARFIBRES Garware Technical Fibres Ltd NSE:GARFIBRES
89 GF Score
Price ₹786.40
GF Value ₹864.27
Valuation Fairly Valued
! 4 Warning Signs
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What is Garware Technical Fibres Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Garware Technical Fibres  (NSE:GARFIBRES) 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.


Garware Technical Fibres Cyclically Adjusted PB Ratio Related Terms


Garware Technical Fibres Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Garware Technical Fibres'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.

Garware Technical Fibres Cyclically Adjusted PB Ratio Chart

Garware Technical Fibres 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 10.65 6.40

Garware Technical Fibres 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 8.37 0.00 6.40 0.00

Garware Technical Fibres Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Garware Technical Fibres'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.


Garware Technical Fibres Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Technical Fibres's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Garware Technical Fibres's Cyclically Adjusted PB Ratio falls into.


NSE:GARFIBRES
89GF Score
Garware Technical Fibres Ltd NSE:GARFIBRES
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garware Technical Fibres 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.

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

For example, Garware Technical Fibres'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.

Garware Technical Fibres Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 83.774 0.000
201303 22.538 85.687 43.701
201403 25.076 91.425 45.570
201503 28.394 97.163 48.553
201603 33.683 102.518 54.588
201703 40.795 105.196 64.431
201803 49.062 109.786 74.248
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 59.443 118.202 83.553
201906 0.000 120.880 0.000
201909 65.175 123.175 87.912
201912 0.000 126.235 0.000
202003 67.556 124.705 90.005
202006 0.000 127.000 0.000
202009 76.417 130.118 97.576
202012 0.000 130.889 0.000
202103 78.679 131.771 99.204
202106 0.000 134.084 0.000
202109 85.596 135.847 104.687
202112 0.000 138.161 0.000
202203 94.148 138.822 112.679
202206 0.000 142.347 0.000
202209 100.415 144.661 115.328
202212 0.000 145.763 0.000
202303 99.753 146.865 112.849
202306 0.000 150.280 0.000
202309 109.812 151.492 120.434
202312 0.000 152.924 0.000
202403 121.096 153.035 131.471
202406 0.000 155.789 0.000
202409 113.161 157.882 119.084
202412 0.000 158.323 0.000
202503 125.075 157.552 131.897
202506 0.000 159.755 0.000
202509 130.795 162.289 133.903
202512 0.000 163.281 0.000
202603 136.444 164.272 138.000
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 Garware Technical Fibres (NSE:GARFIBRES) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Technical Fibres stock appears to be undervalued. The current stock price of ₹786.40 is trading 9% below its estimated GF Value™ of ₹864.27. GuruFocus considers Garware Technical Fibres to be Fairly Valued.

Key valuation signals for NSE:GARFIBRES:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹864.27 vs. price of ₹786.40 (9% below fair value)
  • GF Score™: 89/100 with 4 warning signs

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


Garware Technical Fibres Business Description

Other Exchanges 509557:India
Address Plot No. 11, Block D - 1, MIDC, Chinchwad, Pune, MH, IND, 411019
Garware Technical Fibres Ltd is involved in the textile business. It provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. The company and its subsidiaries manufacture and sell various products such as ropes, twine, yarn, fishnet, other nets, and technical textiles. Its operating segments are; Synthetic Cordage, and Fibre and Industrial Products and Projects. The maximum revenue is derived from its Synthetic Cordage segment. Geographically, the company caters to both domestic and international markets of which, maximum revenue is generated from international markets through its customers located outside India.
89GF Score

Get the complete analysis for NSE:GARFIBRES

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

₹786.40
Price
₹864.27
GF Value