Hindustan Media Ventures (NSE:HMVL) Cyclically Adjusted PB Ratio: 0.39 (As of Jul. 27, 2026) — Near Median

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NSE:HMVL Hindustan Media Ventures Ltd NSE:HMVL
69 GF Score
Price ₹93.40
GF Value ₹93.38
Valuation Fairly Valued
! 6 Warning Signs
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What is Hindustan Media Ventures Cyclically Adjusted PB Ratio?

Hindustan Media Ventures NSE:HMVL +5.06% 69 Cyclically Adjusted PB Ratio is 0.39 as of Jul. 27, 2026, which is 5% above its 10-year median of 0.37. GuruFocus rates NSE:HMVL with a GF Score™ of 69/100 and a GF Value™ of ₹93.38 (Fairly Valued). The stock has 6 warning signs investors should review. Among 711 Media - Diversified companies, Hindustan Media Ventures ranks better than 78.34% on this metric.

As of today (2026-07-27), Hindustan Media Ventures's current share price is ₹93.40. Hindustan Media Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹238.97. Hindustan Media Ventures's Cyclically Adjusted PB Ratio for today is 0.39.

The historical rank and industry rank for Hindustan Media Ventures's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:HMVL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.37   Max: 0.55
Current: 0.39

During the past years, Hindustan Media Ventures's highest Cyclically Adjusted PB Ratio was 0.55. The lowest was 0.21. And the median was 0.37.

NSE:HMVL's Cyclically Adjusted PB Ratio is ranked better than
78.34% of 711 companies
in the Media - Diversified industry
Industry Median: 0.97 vs NSE:HMVL: 0.39

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Hindustan Media Ventures's adjusted book value per share data for the three months ended in Mar. 2026 was ₹215.927. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹238.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hindustan Media Ventures  (NSE:HMVL) 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.


Hindustan Media Ventures Cyclically Adjusted PB Ratio Related Terms


Hindustan Media Ventures Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hindustan Media Ventures'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.

Hindustan Media Ventures Cyclically Adjusted PB Ratio Chart

Hindustan Media Ventures 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 0.33 0.21 0.50 0.36 0.23

Hindustan Media Ventures 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 0.36 0.00 0.36 0.00 0.23

NSE:HMVL vs NYT, WLY: Cyclically Adjusted PB Ratio Comparison

For the Publishing subindustry, Hindustan Media Ventures'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.


Hindustan Media Ventures Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

* The bar in red indicates where Hindustan Media Ventures's Cyclically Adjusted PB Ratio falls into.


NSE:HMVL
69GF Score
Hindustan Media Ventures Ltd NSE:HMVL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindustan Media Ventures 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.

Hindustan Media Ventures's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=93.40/238.97
=0.39

* 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.

Hindustan Media Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Hindustan Media Ventures's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=215.927/164.2724*164.2724
=215.927

Current CPI (Mar. 2026) = 164.2724.

Hindustan Media Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201603 124.084 102.518 198.829
201606 0.000 105.961 0.000
201609 136.583 105.961 211.746
201612 0.000 105.196 0.000
201703 158.973 105.196 248.250
201706 0.000 107.109 0.000
201709 169.235 109.021 255.002
201712 0.000 109.404 0.000
201803 181.447 109.786 271.498
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 192.617 118.202 267.691
201906 0.000 120.880 0.000
201909 195.933 123.175 261.306
201912 0.000 126.235 0.000
202003 205.527 124.705 270.738
202006 0.000 127.000 0.000
202009 207.584 130.118 262.072
202012 0.000 130.889 0.000
202103 215.141 131.771 268.207
202106 0.000 134.084 0.000
202109 216.242 135.847 261.490
202112 0.000 138.161 0.000
202203 215.797 138.822 255.360
202206 0.000 142.347 0.000
202209 203.950 144.661 231.599
202212 0.000 145.763 0.000
202303 200.297 146.865 224.038
202306 0.000 150.280 0.000
202309 199.813 151.492 216.670
202312 0.000 152.924 0.000
202403 201.193 153.035 215.967
202406 0.000 155.789 0.000
202409 203.282 157.882 211.510
202412 0.000 158.323 0.000
202503 208.707 157.552 217.610
202506 0.000 159.755 0.000
202509 211.351 162.289 213.934
202512 0.000 163.281 0.000
202603 215.927 164.272 215.927

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.

What does a Cyclically Adjusted PB Ratio of 0.39 mean?
Hindustan Media Ventures (NSE:HMVL) has a Cyclically Adjusted PB Ratio of 0.39 as of Jul. 27, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Hindustan Media Ventures and its competitors. This is near median its historical median of 0.37. Over the past decade, Hindustan Media Ventures' Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.55. According to the industry distribution chart, Hindustan Media Ventures ranks #154 out of 711 companies in the Media - Diversified industry, placing it in the top 21.7%.
Is Hindustan Media Ventures' Cyclically Adjusted PB Ratio too high?
Hindustan Media Ventures' current Cyclically Adjusted PB Ratio of 0.39 is near median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.55. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. Hindustan Media Ventures' value of 0.39 is 59.8% below this industry median. Based on the distribution chart, Hindustan Media Ventures ranks #154 out of 711 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Hindustan Media Ventures has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Media Ventures' Cyclically Adjusted PB Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Hindustan Media Ventures ranks #154 out of 711 companies for Cyclically Adjusted PB Ratio. This places Hindustan Media Ventures in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.97. Hindustan Media Ventures' value of 0.39 is 59.8% below this benchmark. Historically, Hindustan Media Ventures' own Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.55 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.97, Hindustan Media Ventures has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.97, based on 711 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hindustan Media Ventures's current Cyclically Adjusted PB Ratio of 0.39 is 59.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Hindustan Media Ventures and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Media Ventures's current Cyclically Adjusted PB Ratio is 0.39, which is near median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Media Ventures stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Media Ventures (NSE:HMVL) is currently considered Fairly Valued. The stock's GF Value™ is ₹93.38, compared to a current price of ₹93.40 — trading 0% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.39, which is near median its 10-year median of 0.37 and 59.8% below the Media - Diversified industry median of 0.97. Hindustan Media Ventures' overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Hindustan Media Ventures (NSE:HMVL), the current Cyclically Adjusted PB Ratio is 0.39 as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hindustan Media Ventures (NSE:HMVL) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Media Ventures stock appears to be overvalued. The current stock price of ₹93.40 is trading 0% above its estimated GF Value™ of ₹93.38. GuruFocus considers Hindustan Media Ventures to be Fairly Valued.

Key valuation signals for NSE:HMVL:

  • Cyclically Adjusted PB Ratio: 0.39 (near median its 10-year median of 0.37)
  • GF Value™: ₹93.38 vs. price of ₹93.40 (0% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 59.8% below the Media - Diversified median (#154 of 711)

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


Hindustan Media Ventures Business Description

Other Exchanges 533217:India
Address 18-20, Kasturba Gandhi Marg, Hindustan Times House, 2nd Floor, New Delhi, IND, 110 001
Hindustan Media Ventures Ltd is an Indian newspaper publishing company. It is engaged in the business of printing and publication of newspapers and periodicals. It publishes global, national and local news, covering politics, business, entertainment, sports and other topics of general interest. The company publishes Hindustan, a Hindi Daily, and Hindi magazines Nandan, Kadambini, and Hum Tum, among others. The group sells its products mostly within India.
69GF Score

Get the complete analysis for NSE:HMVL

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

₹93.40
Price
₹93.38
GF Value