Kalyani Commercials (NSE:KALYANI) Cyclically Adjusted PB Ratio: (As of Aug. 28, 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.
Reviewed by: Charlie Tian Charlie Tian
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:KALYANI Kalyani Commercials Ltd NSE:KALYANI
21 GF Score
Price ₹138.09
! 7 Warning Signs
View Full Analysis

What is Kalyani Commercials Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kalyani Commercials  (NSE:KALYANI) 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.


Kalyani Commercials Cyclically Adjusted PB Ratio Related Terms


Kalyani Commercials Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kalyani Commercials'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.

Kalyani Commercials Cyclically Adjusted PB Ratio Chart

Kalyani Commercials 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 0.00 0.00 0.00 0.94

Kalyani Commercials 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 1.01 0.00 0.94 0.00

NSE:KALYANI vs CVNA, PAG, KMX: Cyclically Adjusted PB Ratio Comparison

For the Auto & Truck Dealerships subindustry, Kalyani Commercials'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.


Kalyani Commercials Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


NSE:KALYANI
21GF Score
Kalyani Commercials Ltd NSE:KALYANI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kalyani Commercials 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.

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

For example, Kalyani Commercials'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.

Kalyani Commercials Quarterly Data

Book Value per Share CPI Adj_Book
201509 57.849 101.753 95.146
201512 0.000 102.901 0.000
201603 60.534 102.518 98.819
201606 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 66.021 105.196 105.033
201803 71.780 109.786 109.421
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 78.961 118.202 111.798
201906 0.000 120.880 0.000
201909 81.093 123.175 110.181
201912 0.000 126.235 0.000
202003 87.882 124.705 117.940
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 105.348 131.771 133.799
202106 0.000 134.084 0.000
202109 117.962 135.847 145.324
202112 0.000 138.161 0.000
202203 121.669 138.822 146.679
202206 0.000 142.347 0.000
202209 133.475 144.661 154.416
202212 0.000 145.763 0.000
202303 153.333 146.865 174.728
202306 0.000 150.280 0.000
202309 168.108 151.492 185.713
202312 0.000 152.924 0.000
202403 175.367 153.035 191.780
202406 0.000 155.789 0.000
202409 0.000 157.882 0.000
202412 0.000 158.323 0.000
202503 199.430 157.552 211.842
202506 0.000 159.755 0.000
202509 206.970 162.289 213.433
202512 0.000 163.281 0.000
202603 224.651 164.272 228.870
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.


Kalyani Commercials Business Description

Address GT Karnal Road, BG-223, Sanjay Gandhi Transport Nagar, New Delhi, IND, 110 042
Kalyani Commercials Ltd engages in commercial vehicle dealerships and services. The company is also involved in two-wheeled motor vehicles and servicing and retail outlets of petroleum products. The company operates in two segments. The Automobile segment engages in the trading of vehicles and servicing including Heavy Commercial vehicles and Three Wheelers and the other segment includes retail outlets of Petroleum Products.
21GF Score

Get the complete analysis for NSE:KALYANI

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

₹138.09
Price