Hindware Home Innovation (NSE:HINDWAREAP) Cyclically Adjusted PB Ratio: (As of Aug. 13, 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:HINDWAREAP Hindware Home Innovation Ltd NSE:HINDWAREAP
70 GF Score
Price ₹204.88
GF Value ₹306.49
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Hindware Home Innovation Cyclically Adjusted PB Ratio?

Hindware Home Innovation does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hindware Home Innovation  (NSE:HINDWAREAP) 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.


Hindware Home Innovation Cyclically Adjusted PB Ratio Related Terms


Hindware Home Innovation Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Hindware Home Innovation'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.

Hindware Home Innovation Cyclically Adjusted PB Ratio Chart

Hindware Home Innovation Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
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Hindware Home Innovation Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00

NSE:HINDWAREAP vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Hindware Home Innovation'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.


Hindware Home Innovation Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hindware Home Innovation's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hindware Home Innovation's Cyclically Adjusted PB Ratio falls into.


NSE:HINDWAREAP
70GF Score
Hindware Home Innovation Ltd NSE:HINDWAREAP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindware Home Innovation 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.

Hindware Home Innovation does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Is Hindware Home Innovation (NSE:HINDWAREAP) Overvalued in 2026?

Based on GuruFocus' analysis, Hindware Home Innovation stock appears to be undervalued. The current stock price of ₹204.88 is trading 33.2% below its estimated GF Value™ of ₹306.49. GuruFocus considers Hindware Home Innovation to be Significantly Undervalued.

Key valuation signals for NSE:HINDWAREAP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹306.49 vs. price of ₹204.88 (33.2% below fair value)
  • GF Score™: 70/100 with 7 warning signs

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


Hindware Home Innovation Business Description

Other Exchanges 542905:India
Address BPTP Park Centra, Unit no. 201 (1), (II), (IIIA), (XVI, Sector-30, 2nd Floor, NH-8, Gurugram, HR, IND, 122001
Hindware Home Innovation Ltd is involved in manufacturing, selling, and trading building products, glass products, consumer products, plastic products, and retail businesses. Its product range includes Kitchen Ensemble, water heaters, air coolers, water purifiers, air purifiers, and window vents, among others. Some of its brands are Hindware, Moonbow, and Evok. The company operates through segments such as Building Products and Consumer Appliances. It functions in India and derives the majority of its revenue from the Building Products segment.
70GF Score

Get the complete analysis for NSE:HINDWAREAP

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

₹204.88
Price
₹306.49
GF Value