Inox Wind (NSE:INOXWIND) Cyclically Adjusted PB Ratio: (As of Aug. 20, 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:INOXWIND Inox Wind Ltd NSE:INOXWIND
70 GF Score
Price ₹73.74
GF Value ₹287.41
Valuation Possible Value Trap
! 4 Warning Signs
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What is Inox Wind Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Inox Wind  (NSE:INOXWIND) 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.


Inox Wind Cyclically Adjusted PB Ratio Related Terms


Inox Wind Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Inox Wind'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.

Inox Wind Cyclically Adjusted PB Ratio Chart

Inox Wind 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 1.03 5.50 6.36 2.79

Inox Wind 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 5.27 0.00 2.79 0.00

NSE:INOXWIND vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Inox Wind'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.


Inox Wind Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inox Wind's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Inox Wind's Cyclically Adjusted PB Ratio falls into.


NSE:INOXWIND
70GF Score
Inox Wind Ltd NSE:INOXWIND
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inox Wind 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.

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

For example, Inox Wind'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.

Inox Wind Quarterly Data

Book Value per Share CPI Adj_Book
201609 21.901 105.961 34.591
201612 0.000 105.196 0.000
201703 24.316 105.196 38.685
201706 0.000 107.109 0.000
201709 23.375 109.021 35.883
201712 0.000 109.404 0.000
201803 22.258 109.786 33.930
201806 0.000 111.317 0.000
201809 22.392 115.142 32.546
201812 0.000 115.142 0.000
201903 21.820 118.202 30.894
201906 0.000 120.880 0.000
201909 21.157 123.175 28.746
201912 0.000 126.235 0.000
202003 18.720 124.705 25.123
202006 0.000 127.000 0.000
202009 17.108 130.118 22.004
202012 0.000 130.889 0.000
202103 14.614 131.771 18.561
202106 0.000 134.084 0.000
202109 13.330 135.847 16.422
202112 0.000 138.161 0.000
202203 20.306 138.822 24.480
202206 0.000 142.347 0.000
202209 15.969 144.661 18.474
202212 0.000 145.763 0.000
202303 12.952 146.865 14.759
202306 0.000 150.280 0.000
202309 12.467 151.492 13.773
202312 0.000 152.924 0.000
202403 21.234 153.035 23.221
202406 0.000 155.789 0.000
202409 20.175 157.882 21.386
202412 0.000 158.323 0.000
202503 38.158 157.552 40.533
202506 0.000 159.755 0.000
202509 38.611 162.289 39.817
202512 0.000 163.281 0.000
202603 36.928 164.272 37.621
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 Inox Wind (NSE:INOXWIND) Overvalued in 2026?

Based on GuruFocus' analysis, Inox Wind stock appears to be undervalued. The current stock price of ₹73.74 is trading 74.3% below its estimated GF Value™ of ₹287.41. GuruFocus considers Inox Wind to be Possible Value Trap.

Key valuation signals for NSE:INOXWIND:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹287.41 vs. price of ₹73.74 (74.3% below fair value)
  • GF Score™: 70/100 with 4 warning signs

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


Inox Wind Business Description

Other Exchanges 539083:India
Address Inox Towers, Plot Number 17, Sector 16A, Noida, UP, IND, 201 301
Inox Wind Ltd is engaged in the business of manufacturing Wind Turbine Generators. The group provides related erection, procurement & commissioning (EPC) services, operations & maintenance (O&M), and common infrastructure facility services for WTGs, and development of projects for wind farms. It conducts its business and provides services to various states in India. The company also offers turnkey solutions for the development of wind power projects which include wind studies, energy assessment, land acquisition, site infrastructure development, power evacuation, and others.
70GF Score

Get the complete analysis for NSE:INOXWIND

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

₹73.74
Price
₹287.41
GF Value