GTPL Hathway (NSE:GTPL) Cyclically Adjusted PB Ratio: (As of Jul. 30, 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:GTPL GTPL Hathway Ltd NSE:GTPL
56 GF Score
Price ₹59.76
GF Value ₹137.37
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is GTPL Hathway Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GTPL Hathway  (NSE:GTPL) 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.


GTPL Hathway Cyclically Adjusted PB Ratio Related Terms


GTPL Hathway Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GTPL Hathway'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.

GTPL Hathway Cyclically Adjusted PB Ratio Chart

GTPL Hathway 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 0.00 0.62

GTPL Hathway 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 0.00 0.00 0.62 0.00

NSE:GTPL vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, GTPL Hathway'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.


GTPL Hathway Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, GTPL Hathway's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:GTPL
56GF Score
GTPL Hathway Ltd NSE:GTPL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GTPL Hathway 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.

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

For example, GTPL Hathway'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.

GTPL Hathway Quarterly Data

Book Value per Share CPI Adj_Book
201603 34.348 102.518 55.666
201606 33.302 105.961 52.217
201703 39.376 105.196 62.190
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 58.480 109.786 88.501
201806 0.000 111.317 0.000
201809 59.961 115.142 86.521
201812 0.000 115.142 0.000
201903 59.111 118.202 83.087
201906 0.000 120.880 0.000
201909 63.058 123.175 85.056
201912 0.000 126.235 0.000
202003 64.759 124.705 86.279
202006 0.000 127.000 0.000
202009 69.419 130.118 88.640
202012 0.000 130.889 0.000
202103 78.260 131.771 98.676
202106 0.000 134.084 0.000
202109 82.165 135.847 100.491
202112 0.000 138.161 0.000
202203 91.752 138.822 109.811
202206 0.000 142.347 0.000
202209 95.876 144.661 110.115
202212 0.000 145.763 0.000
202303 98.095 146.865 110.973
202306 0.000 150.280 0.000
202309 100.471 151.492 110.189
202312 0.000 152.924 0.000
202403 103.131 153.035 111.967
202406 0.000 155.789 0.000
202409 101.600 157.882 106.918
202412 0.000 158.323 0.000
202503 103.493 157.552 109.138
202506 0.000 159.755 0.000
202509 102.278 162.289 104.708
202512 0.000 163.281 0.000
202603 101.928 164.272 103.090
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 GTPL Hathway (NSE:GTPL) Overvalued in 2026?

Based on GuruFocus' analysis, GTPL Hathway stock appears to be undervalued. The current stock price of ₹59.76 is trading 56.5% below its estimated GF Value™ of ₹137.37. GuruFocus considers GTPL Hathway to be Possible Value Trap.

Key valuation signals for NSE:GTPL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹137.37 vs. price of ₹59.76 (56.5% below fair value)
  • GF Score™: 56/100 with 7 warning signs

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


GTPL Hathway Business Description

Other Exchanges 540602:India
Address Sindhu Bhavan Road, Bodakdev, GTPL House, Shree One Building, Opposite Armieda, Near Pakwan Cross Roads, Ahmedabad, GJ, IND, 380 059
GTPL Hathway Ltd is an Indian cable TV and Broadband service providers. The company has three reportable segments namely Cable Television, Internet service, and Projects. It generates maximum revenue from the Cable Television segment. Geographically it derives revenue from India.
56GF Score

Get the complete analysis for NSE:GTPL

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

₹59.76
Price
₹137.37
GF Value