India Motor Parts & Accessories (NSE:IMPAL) Cyclically Adjusted PB Ratio: 0.78 (As of Sep. 17, 2026) — 30% Below Median

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NSE:IMPAL India Motor Parts & Accessories Ltd NSE:IMPAL
82 GF Score
Price ₹1,065.00
GF Value ₹1,175.65
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is India Motor Parts & Accessories Cyclically Adjusted PB Ratio?

India Motor Parts & Accessories NSE:IMPAL -1.19% 82 Cyclically Adjusted PB Ratio is 0.78 as of Sep. 17, 2026, which is 30% below its 10-year median of 1.12. GuruFocus rates NSE:IMPAL with a GF Score™ of 82/100 and a GF Value™ of ₹1,175.65 (Fairly Valued). The stock has 4 warning signs investors should review. Among 926 Vehicles & Parts companies, India Motor Parts & Accessories ranks worse than 107991.25% on this metric.

As of today (2026-09-17), India Motor Parts & Accessories's current share price is ₹1065.00. India Motor Parts & Accessories's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹1,370.86. India Motor Parts & Accessories's Cyclically Adjusted PB Ratio for today is 0.78.

The historical rank and industry rank for India Motor Parts & Accessories's Cyclically Adjusted PB Ratio or its related term are showing as below:

During the past years, India Motor Parts & Accessories's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.79. And the median was 1.12.

NSE:IMPAL's Cyclically Adjusted PB Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 1.21
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

India Motor Parts & Accessories's adjusted book value per share data for the three months ended in Jun. 2026 was ₹0.000. 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 ₹1,370.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


India Motor Parts & Accessories  (NSE:IMPAL) 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.


India Motor Parts & Accessories Cyclically Adjusted PB Ratio Related Terms


India Motor Parts & Accessories Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for India Motor Parts & Accessories'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.

India Motor Parts & Accessories Cyclically Adjusted PB Ratio Chart

India Motor Parts & Accessories 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 1.14 0.75 1.01 0.85 0.71

India Motor Parts & Accessories 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 0.99 0.89 0.88 0.71 0.80

NSE:IMPAL vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, India Motor Parts & Accessories'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.


India Motor Parts & Accessories Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, India Motor Parts & Accessories's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where India Motor Parts & Accessories's Cyclically Adjusted PB Ratio falls into.


NSE:IMPAL
82GF Score
India Motor Parts & Accessories Ltd NSE:IMPAL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Motor Parts & Accessories 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.

India Motor Parts & Accessories's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1065.00/1370.858
=0.78

* 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.

India Motor Parts & Accessories's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, India Motor Parts & Accessories'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)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

India Motor Parts & Accessories Quarterly Data

Book Value per Share CPI Adj_Book
201403 157.729 91.425 288.730
201406 0.000 94.103 0.000
201409 171.714 96.780 296.936
201412 0.000 96.780 0.000
201503 171.352 97.163 295.144
201506 0.000 99.841 0.000
201509 181.249 101.753 298.107
201512 0.000 102.901 0.000
201603 186.478 102.518 304.418
201703 204.416 105.196 325.207
201803 705.316 109.786 1,075.177
201906 0.000 120.880 0.000
201909 831.775 123.175 1,130.129
201912 0.000 126.235 0.000
202003 752.456 124.705 1,009.814
202006 0.000 127.000 0.000
202009 794.020 130.118 1,021.266
202012 0.000 130.889 0.000
202103 1,155.248 131.771 1,467.242
202106 0.000 134.084 0.000
202109 1,133.365 135.847 1,396.254
202112 0.000 138.161 0.000
202203 989.471 138.822 1,192.862
202206 0.000 142.347 0.000
202209 1,094.704 144.661 1,266.455
202212 0.000 145.763 0.000
202303 1,096.250 146.865 1,249.215
202306 0.000 150.280 0.000
202309 1,391.538 151.492 1,537.270
202312 0.000 152.924 0.000
202403 1,658.790 153.035 1,814.039
202406 0.000 155.789 0.000
202409 2,022.965 157.882 2,144.371
202412 0.000 158.323 0.000
202503 1,799.663 157.552 1,911.669
202506 0.000 159.755 0.000
202509 2,048.822 162.289 2,112.804
202512 0.000 163.281 0.000
202603 1,849.495 164.272 1,884.227
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.

What does a Cyclically Adjusted PB Ratio of 0.78 mean?
India Motor Parts & Accessories (NSE:IMPAL) has a Cyclically Adjusted PB Ratio of 0.78 as of Sep. 17, 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 India Motor Parts & Accessories and its competitors. This is 30% below median its historical median of 1.12. Over the past decade, India Motor Parts & Accessories' Cyclically Adjusted PB Ratio has ranged from 0.79 to 1.44. According to the industry distribution chart, India Motor Parts & Accessories ranks #999999 out of 926 companies in the Vehicles & Parts industry.
Is India Motor Parts & Accessories' Cyclically Adjusted PB Ratio too high?
India Motor Parts & Accessories' current Cyclically Adjusted PB Ratio of 0.78 is 30% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.44. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.21. India Motor Parts & Accessories' value of 0.78 is 35.5% below this industry median. Based on the distribution chart, India Motor Parts & Accessories ranks #999999 out of 926 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, India Motor Parts & Accessories has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does India Motor Parts & Accessories' Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, India Motor Parts & Accessories ranks #999999 out of 926 companies for Cyclically Adjusted PB Ratio. This places India Motor Parts & Accessories in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. India Motor Parts & Accessories' value of 0.78 is 35.5% below this benchmark. Historically, India Motor Parts & Accessories' own Cyclically Adjusted PB Ratio has ranged from 0.79 to 1.44 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.21, India Motor Parts & Accessories 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.21, based on 926 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. India Motor Parts & Accessories's current Cyclically Adjusted PB Ratio of 0.78 is 35.5% 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 India Motor Parts & Accessories and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Motor Parts & Accessories's current Cyclically Adjusted PB Ratio is 0.78, which is 30% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Motor Parts & Accessories stock overvalued right now?
Based on GuruFocus' analysis, India Motor Parts & Accessories (NSE:IMPAL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,175.65, compared to a current price of ₹1,065.00 — trading 9.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is 30% below median its 10-year median of 1.12 and 35.5% below the Vehicles & Parts industry median of 1.21. India Motor Parts & Accessories' overall GF Score™ is 82/100 with 4 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 India Motor Parts & Accessories (NSE:IMPAL), the current Cyclically Adjusted PB Ratio is 0.78 as of Sep. 17, 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 India Motor Parts & Accessories (NSE:IMPAL) Overvalued in 2026?

Based on GuruFocus' analysis, India Motor Parts & Accessories stock appears to be undervalued. The current stock price of ₹1,065.00 is trading 9.4% below its estimated GF Value™ of ₹1,175.65. GuruFocus considers India Motor Parts & Accessories to be Fairly Valued.

Key valuation signals for NSE:IMPAL:

  • Cyclically Adjusted PB Ratio: 0.78 (30% below median its 10-year median of 1.12)
  • GF Value™: ₹1,175.65 vs. price of ₹1,065.00 (9.4% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 35.5% below the Vehicles & Parts median (#999999 of 926)

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


India Motor Parts & Accessories Business Description

Other Exchanges 590065:India
Address No. 46, Whites Road, Sundaram Towers, III Floor, SF Building, Royapettah, Chennai, TN, IND, 600014
India Motor Parts & Accessories Ltd engages in the manufacture and distribution of automotive spares parts and accessories. The Company operates only in one business segment. Viz Sale and Distribution of Automotive Spares. Its product includes Oil seals, Gaskets, Hydraulic Brake Parts and Brake Fluid, Clutch Cover, Car fuel system components, Fuel injection parts, Auto cables, Radiators, Brake drums, Axles Shafts, Auto Electrical Components, Valves and Valve Guides, Automotive Bearings, and others.
82GF Score

Get the complete analysis for NSE:IMPAL

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

₹1,065.00
Price
₹1,175.65
GF Value