Jay Bharat Maruti (NSE:JAYBARMARU) Cyclically Adjusted PB Ratio: (As of Sep. 22, 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:JAYBARMARU Jay Bharat Maruti Ltd NSE:JAYBARMARU
75 GF Score
Price ₹109.85
GF Value ₹118.16
Valuation Fairly Valued
! 5 Warning Signs
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What is Jay Bharat Maruti Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jay Bharat Maruti  (NSE:JAYBARMARU) 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.


Jay Bharat Maruti Cyclically Adjusted PB Ratio Related Terms


Jay Bharat Maruti Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jay Bharat Maruti'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.

Jay Bharat Maruti Cyclically Adjusted PB Ratio Chart

Jay Bharat Maruti 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 1.57 1.32 2.66 1.19 1.44

Jay Bharat Maruti 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 1.72 2.27 1.90 1.53 3.40

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

For the Auto Parts subindustry, Jay Bharat Maruti'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.


Jay Bharat Maruti Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Jay Bharat Maruti's Cyclically Adjusted PB Ratio falls into.


NSE:JAYBARMARU
75GF Score
Jay Bharat Maruti Ltd NSE:JAYBARMARU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jay Bharat Maruti 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.

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

For example, Jay Bharat Maruti'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.

Jay Bharat Maruti Quarterly Data

Book Value per Share CPI Adj_Book
201609 25.014 105.961 39.508
201612 105.196 0.000
201703 28.126 105.196 44.746
201706 107.109 0.000
201709 30.214 109.021 46.381
201712 109.404 0.000
201803 33.279 109.786 50.730
201806 111.317 0.000
201809 35.352 115.142 51.384
201812 115.142 0.000
201903 37.326 118.202 52.848
201906 120.880 0.000
201909 37.799 123.175 51.357
201912 126.235 0.000
202003 39.091 124.705 52.461
202006 127.000 0.000
202009 38.024 130.118 48.906
202012 130.889 0.000
202103 41.563 131.771 52.788
202106 134.084 0.000
202109 41.812 135.847 51.510
202112 138.161 0.000
202203 43.813 138.822 52.819
202206 142.347 0.000
202209 45.044 144.661 52.111
202212 145.763 0.000
202303 46.937 146.865 53.486
202306 150.280 0.000
202309 19.107 151.492 21.108
202312 152.924 0.000
202403 49.764 153.035 54.422
202406 155.789 0.000
202409 49.878 157.882 52.871
202412 158.323 0.000
202503 51.974 157.552 55.209
202506 159.755 0.000
202509 55.637 162.289 57.374
202512 163.281 0.000
202603 64.306 164.272 65.514
202606 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 Jay Bharat Maruti (NSE:JAYBARMARU) Overvalued in 2026?

Based on GuruFocus' analysis, Jay Bharat Maruti stock appears to be undervalued. The current stock price of ₹109.85 is trading 7% below its estimated GF Value™ of ₹118.16. GuruFocus considers Jay Bharat Maruti to be Fairly Valued.

Key valuation signals for NSE:JAYBARMARU:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹118.16 vs. price of ₹109.85 (7% below fair value)
  • GF Score™: 75/100 with 5 warning signs

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


Jay Bharat Maruti Business Description

Other Exchanges 520066:India
Address Plot No. 9, Institutional Area, Sector 44, Gurgaon, HR, IND, 122 003
Jay Bharat Maruti Ltd is an India-based auto components manufacturer. The company is engaged in the manufacturing of sheet metal components, rear axles, muffler assemblies, fuel necks, tools, and dies for motor vehicles, components, and spare parts. Geographically, it operates only in India. The Company majorly operates in a single segment which is manufacturing of components for Automobiles.
75GF Score

Get the complete analysis for NSE:JAYBARMARU

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

₹109.85
Price
₹118.16
GF Value