Kamat Hotels (India) (NSE:KAMATHOTEL) Cyclically Adjusted PB Ratio: (As of Aug. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:KAMATHOTEL Kamat Hotels (India) Ltd NSE:KAMATHOTEL
70 GF Score
Price ₹207.66
GF Value ₹278.33
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Kamat Hotels (India) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kamat Hotels (India)  (NSE:KAMATHOTEL) 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.


Kamat Hotels (India) Cyclically Adjusted PB Ratio Related Terms


Kamat Hotels (India) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kamat Hotels (India)'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.

Kamat Hotels (India) Cyclically Adjusted PB Ratio Chart

Kamat Hotels (India) 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 3.29 9.11 18.98

Kamat Hotels (India) 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 11.32 0.00 18.98 0.00

NSE:KAMATHOTEL vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Kamat Hotels (India)'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.


Kamat Hotels (India) Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kamat Hotels (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kamat Hotels (India)'s Cyclically Adjusted PB Ratio falls into.


NSE:KAMATHOTEL
70GF Score
Kamat Hotels (India) Ltd NSE:KAMATHOTEL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kamat Hotels (India) 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.

Kamat Hotels (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Kamat Hotels (India)'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.

Kamat Hotels (India) Quarterly Data

Book Value per Share CPI Adj_Book
201303 87.039 85.687 169.998
201312 0.000 91.425 0.000
201403 54.592 91.425 99.933
201503 23.726 97.163 40.867
201603 -5.811 102.518 -9.486
201703 11.872 105.196 18.887
201803 -69.858 109.786 -106.491
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 -62.686 118.202 -88.754
201906 0.000 120.880 0.000
201909 -60.638 123.175 -82.389
201912 0.000 126.235 0.000
202003 -52.150 124.705 -69.987
202006 0.000 127.000 0.000
202009 -61.205 130.118 -78.722
202012 0.000 130.889 0.000
202103 -67.311 131.771 -85.489
202106 0.000 134.084 0.000
202109 -76.226 135.847 -93.907
202112 0.000 138.161 0.000
202203 -76.818 138.822 -92.608
202206 0.000 142.347 0.000
202209 -70.793 144.661 -81.900
202212 0.000 145.763 0.000
202303 62.503 146.865 71.224
202306 0.000 150.280 0.000
202309 63.063 151.492 69.667
202312 0.000 152.924 0.000
202403 79.376 153.035 86.805
202406 0.000 155.789 0.000
202409 81.802 157.882 86.711
202412 0.000 158.323 0.000
202503 94.457 157.552 100.336
202506 0.000 159.755 0.000
202509 95.524 162.289 98.507
202512 0.000 163.281 0.000
202603 107.195 164.272 109.208
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 Kamat Hotels (India) (NSE:KAMATHOTEL) Overvalued in 2026?

Based on GuruFocus' analysis, Kamat Hotels (India) stock appears to be undervalued. The current stock price of ₹207.66 is trading 25.4% below its estimated GF Value™ of ₹278.33. GuruFocus considers Kamat Hotels (India) to be Modestly Undervalued.

Key valuation signals for NSE:KAMATHOTEL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹278.33 vs. price of ₹207.66 (25.4% below fair value)
  • GF Score™: 70/100 with 4 warning signs

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


Kamat Hotels (India) Business Description

Other Exchanges 526668:India
Address 70-C, Nehru Road, Adjoining Orchid Hotel, Near Santacruz Airport, Vile Parle (East), Mumbai, MH, IND, 400 099
Kamat Hotels (India) Ltd, along with its subsidiaries, is involved in the hospitality and related sectors in India. The company operates hotels and restaurants under the brand names Orchid, Gadh, VITS, and Lotus. Its activities include running hotels owned by the company, managing hotels owned by others under contract, providing catering services, and offering timeshare options. It also manages hotels owned by third parties under contract, as well as clubs and resorts; plus, it is engaged in the timeshare business. All operations mainly take place within India.
70GF Score

Get the complete analysis for NSE:KAMATHOTEL

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

₹207.66
Price
₹278.33
GF Value