GE Power India (NSE:GVPIL) Cyclically Adjusted PB Ratio: (As of Aug. 17, 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:GVPIL GE Power India Ltd NSE:GVPIL
53 GF Score
Price ₹769.60
GF Value ₹338.62
Valuation Significantly Overvalued
! 2 Warning Signs
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What is GE Power India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GE Power India  (NSE:GVPIL) 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.


GE Power India Cyclically Adjusted PB Ratio Related Terms


GE Power India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GE Power India'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.

GE Power India Cyclically Adjusted PB Ratio Chart

GE Power India 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 1.72 2.73

GE Power India 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 2.22 0.00 2.73 0.00

NSE:GVPIL vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, GE Power India'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.


GE Power India Cyclically Adjusted PB Ratio vs Construction Industry

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

* The bar in red indicates where GE Power India's Cyclically Adjusted PB Ratio falls into.


NSE:GVPIL
53GF Score
GE Power India Ltd NSE:GVPIL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GE Power India 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.

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

For example, GE Power India'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.

GE Power India Quarterly Data

Book Value per Share CPI Adj_Book
201203 103.530 76.889 225.345
201303 119.324 85.687 233.055
201403 138.404 91.425 253.355
201503 143.533 97.163 247.227
201603 122.784 102.518 200.440
201703 123.074 105.196 195.800
201803 123.206 109.786 187.814
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 131.185 118.202 185.739
201906 0.000 120.880 0.000
201909 119.174 123.175 161.921
201912 0.000 126.235 0.000
202003 136.360 124.705 182.998
202006 0.000 127.000 0.000
202009 137.007 130.118 176.218
202012 0.000 130.889 0.000
202103 144.531 131.771 183.564
202106 0.000 134.084 0.000
202109 132.118 135.847 162.763
202112 0.000 138.161 0.000
202203 100.528 138.822 121.192
202206 0.000 142.347 0.000
202209 75.000 144.661 86.767
202212 0.000 145.763 0.000
202303 34.587 146.865 39.413
202306 0.000 150.280 0.000
202309 4.995 151.492 5.518
202312 0.000 152.924 0.000
202403 10.235 153.035 11.193
202406 0.000 155.789 0.000
202409 18.664 157.882 19.784
202412 0.000 158.323 0.000
202503 47.097 157.552 50.028
202506 0.000 159.755 0.000
202509 57.477 162.289 59.272
202512 0.000 163.281 0.000
202603 86.653 164.272 88.280
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 GE Power India (NSE:GVPIL) Overvalued in 2026?

Based on GuruFocus' analysis, GE Power India stock appears to be overvalued. The current stock price of ₹769.60 is trading 127.3% above its estimated GF Value™ of ₹338.62. GuruFocus considers GE Power India to be Significantly Overvalued.

Key valuation signals for NSE:GVPIL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹338.62 vs. price of ₹769.60 (127.3% above fair value)
  • GF Score™: 53/100 with 2 warning signs

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


GE Power India Business Description

Other Exchanges 532309:India
Address Axis House, Towers 5 & 6, Plot No. 1-14, Sector 128, Jaypee Wish Town, Noida, UP, IND, 201301
GE Power India Ltd engages in the construction, engineering, procurement, manufacturing, and servicing of power plants and equipment in India. The company generates the majority of revenue domestically. The company offers products including supercritical and ultra-supercritical boilers, high pressure and beater mills, environmental control systems, automation systems, and gas power systems. Hydro and thermal solutions are also offered, including steam turbine retrofitting.
53GF Score

Get the complete analysis for NSE:GVPIL

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

₹769.60
Price
₹338.62
GF Value