GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HPL Electric & Power Ltd (NSE:HPL) » Definitions » Cyclically Adjusted PB Ratio

HPL Electric & Power (NSE:HPL) Cyclically Adjusted PB Ratio : 4.08 (As of Jun. 01, 2025)


View and export this data going back to 2016. Start your Free Trial

What is HPL Electric & Power Cyclically Adjusted PB Ratio?

As of today (2025-06-01), HPL Electric & Power's current share price is ₹573.05. HPL Electric & Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹140.57. HPL Electric & Power's Cyclically Adjusted PB Ratio for today is 4.08.

The historical rank and industry rank for HPL Electric & Power's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:HPL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.78   Med: 3.07   Max: 4.08
Current: 4.08

During the past years, HPL Electric & Power's highest Cyclically Adjusted PB Ratio was 4.08. The lowest was 2.78. And the median was 3.07.

NSE:HPL's Cyclically Adjusted PB Ratio is ranked worse than
75.72% of 2158 companies
in the Industrial Products industry
Industry Median: 2.01 vs NSE:HPL: 4.08

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.

HPL Electric & Power's adjusted book value per share data for the three months ended in Mar. 2025 was ₹142.323. 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 ₹140.57 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


HPL Electric & Power Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HPL Electric & Power'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.

* Premium members only.

HPL Electric & Power Cyclically Adjusted PB Ratio Chart

HPL Electric & Power Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.94

HPL Electric & Power Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - 2.94

Competitive Comparison of HPL Electric & Power's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, HPL Electric & Power'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.


HPL Electric & Power's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HPL Electric & Power's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where HPL Electric & Power's Cyclically Adjusted PB Ratio falls into.


;
;

HPL Electric & Power 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.

HPL Electric & Power's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=573.05/140.57
=4.08

* 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.

HPL Electric & Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, HPL Electric & Power's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=142.323/157.5517*157.5517
=142.323

Current CPI (Mar. 2025) = 157.5517.

HPL Electric & Power Quarterly Data

Book Value per Share CPI Adj_Book
201503 68.535 97.163 111.131
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 70.424 102.518 108.229
201606 0.000 105.961 0.000
201609 114.246 105.961 169.870
201612 0.000 105.196 0.000
201703 107.015 105.196 160.276
201706 0.000 107.109 0.000
201709 107.874 109.021 155.894
201712 0.000 109.404 0.000
201803 109.473 109.786 157.102
201806 0.000 111.317 0.000
201809 110.329 115.142 150.966
201812 0.000 115.142 0.000
201903 113.295 118.202 151.011
201906 0.000 120.880 0.000
201909 114.988 123.175 147.080
201912 0.000 126.235 0.000
202003 116.437 124.705 147.106
202006 0.000 127.000 0.000
202009 114.344 130.118 138.452
202012 0.000 130.889 0.000
202103 117.929 131.771 141.002
202106 0.000 134.084 0.000
202109 115.491 135.847 133.943
202112 0.000 138.161 0.000
202203 118.894 138.822 134.935
202206 0.000 142.347 0.000
202209 120.649 144.661 131.400
202212 0.000 145.763 0.000
202303 123.409 146.865 132.389
202306 0.000 150.280 0.000
202309 126.178 151.492 131.225
202312 0.000 152.924 0.000
202403 128.808 153.035 132.610
202406 0.000 155.789 0.000
202409 134.712 157.882 134.430
202412 0.000 158.323 0.000
202503 142.323 157.552 142.323

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.


HPL Electric & Power  (NSE:HPL) 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.


HPL Electric & Power Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of HPL Electric & Power's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


HPL Electric & Power Business Description

Traded in Other Exchanges
Address
76-B, Phase-IV, HSIIDC Industrial Estate, Sector-57, Kundli, Sonipat, UP, IND, 131028
HPL Electric & Power Ltd is an Indian company engaged in manufacturing electric equipment across the key verticals: Metering, Switchgear, Lighting and Electronics, and Cables. The company operates in two segments: Metering, systems & services, and Consumer, Industrial & services. It derives key revenue from the Metering, Systems & Services segment. The product portfolio includes digital panel meters, smart Meters, Net Meters for Solar Rooftops, Prepaid Metering Solutions, Ebrit Digital Panel Meters, cordless chimes, and Trivector Meters. Geographically, the majority of its revenue is generated in India.

HPL Electric & Power Headlines

No Headlines