Gujarat Pipavav Port (NSE:GPPL) Cyclically Adjusted PB Ratio: (As of Aug. 18, 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:GPPL Gujarat Pipavav Port Ltd NSE:GPPL
92 GF Score
Price ₹159.57
GF Value ₹208.36
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Gujarat Pipavav Port Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gujarat Pipavav Port  (NSE:GPPL) 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.


Gujarat Pipavav Port Cyclically Adjusted PB Ratio Related Terms


Gujarat Pipavav Port Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gujarat Pipavav Port'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.

Gujarat Pipavav Port Cyclically Adjusted PB Ratio Chart

Gujarat Pipavav Port 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 1.57 2.20 3.92 2.47 2.46

Gujarat Pipavav Port 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 2.75 0.00 2.46 0.00

Gujarat Pipavav Port Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Gujarat Pipavav Port'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.


Gujarat Pipavav Port Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Gujarat Pipavav Port's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gujarat Pipavav Port's Cyclically Adjusted PB Ratio falls into.


NSE:GPPL
92GF Score
Gujarat Pipavav Port Ltd NSE:GPPL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Pipavav Port 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.

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

For example, Gujarat Pipavav Port'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.

Gujarat Pipavav Port Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 39.805 101.753 65.469
201512 0.000 102.901 0.000
201603 43.172 102.518 70.477
201606 0.000 105.961 0.000
201703 44.314 105.196 70.500
201803 44.668 109.786 68.091
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 45.454 118.202 64.356
201906 0.000 120.880 0.000
201909 45.987 123.175 62.482
201912 0.000 126.235 0.000
202003 47.333 124.705 63.522
202006 0.000 127.000 0.000
202009 45.847 130.118 58.968
202012 0.000 130.889 0.000
202103 46.318 131.771 58.827
202106 0.000 134.084 0.000
202109 45.531 135.847 56.092
202112 0.000 138.161 0.000
202203 46.407 138.822 55.946
202206 0.000 142.347 0.000
202209 46.723 144.661 54.053
202212 0.000 145.763 0.000
202303 47.798 146.865 54.467
202306 0.000 150.280 0.000
202309 47.698 151.492 52.693
202312 0.000 152.924 0.000
202403 47.851 153.035 52.329
202406 0.000 155.789 0.000
202409 47.967 157.882 50.846
202412 0.000 158.323 0.000
202503 48.345 157.552 51.354
202506 0.000 159.755 0.000
202509 49.614 162.289 51.163
202512 0.000 163.281 0.000
202603 49.405 164.272 50.333
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 Gujarat Pipavav Port (NSE:GPPL) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Pipavav Port stock appears to be undervalued. The current stock price of ₹159.57 is trading 23.4% below its estimated GF Value™ of ₹208.36. GuruFocus considers Gujarat Pipavav Port to be Modestly Undervalued.

Key valuation signals for NSE:GPPL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹208.36 vs. price of ₹159.57 (23.4% below fair value)
  • GF Score™: 92/100 with 2 warning signs

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


Gujarat Pipavav Port Business Description

Other Exchanges 533248:India
Address 504, Godrej Two Pirojshanagar, 5th Floor, Vikhroli East, Mumbai, MH, IND, 400079
Gujarat Pipavav Port Ltd is a terminal port operator. The company constructs, maintains, and operates a terminal port at Pipavav in Gujarat, India. The firm's port facilitates imports and exports of dry bulk cargo, namely coal and fertilizer, liquid cargo, including liquid petroleum gas, and roll-on/roll-off cargo, principally passenger vehicles. The company also provides material handling services, cargo storage, and warehousing services. It operates only in one Business Segment, i.e., 'Port Services'. The company generates revenue domestically.
92GF Score

Get the complete analysis for NSE:GPPL

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

₹159.57
Price
₹208.36
GF Value