Kirloskar Electric Co (NSE:KECL) Cyclically Adjusted PB Ratio: (As of Aug. 23, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:KECL Kirloskar Electric Co Ltd NSE:KECL
71 GF Score
Price ₹132.23
GF Value ₹127.45
Valuation Fairly Valued
! 7 Warning Signs
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What is Kirloskar Electric Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kirloskar Electric Co  (NSE:KECL) 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.


Kirloskar Electric Co Cyclically Adjusted PB Ratio Related Terms


Kirloskar Electric Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kirloskar Electric Co'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.

Kirloskar Electric Co Cyclically Adjusted PB Ratio Chart

Kirloskar Electric Co 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 5.79 5.17

Kirloskar Electric Co 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 5.91 0.00 5.17 0.00

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

For the Specialty Industrial Machinery subindustry, Kirloskar Electric Co'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.


Kirloskar Electric Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Kirloskar Electric Co's Cyclically Adjusted PB Ratio falls into.


NSE:KECL
71GF Score
Kirloskar Electric Co Ltd NSE:KECL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kirloskar Electric Co 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.

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

For example, Kirloskar Electric Co'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.

Kirloskar Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 83.774 0.000
201303 36.576 85.687 71.437
201403 24.170 91.425 44.244
201503 -28.723 97.163 -49.474
201603 12.973 102.518 21.178
201703 10.744 105.196 17.093
201803 -2.206 109.786 -3.363
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 -13.793 118.202 -19.529
201906 0.000 120.880 0.000
201909 -14.178 123.175 -19.264
201912 0.000 126.235 0.000
202003 -7.138 124.705 -9.579
202006 0.000 127.000 0.000
202009 -11.620 130.118 -14.946
202012 0.000 130.889 0.000
202103 5.044 131.771 6.406
202106 0.000 134.084 0.000
202109 0.906 135.847 1.116
202112 0.000 138.161 0.000
202203 11.440 138.822 13.792
202206 0.000 142.347 0.000
202209 13.980 144.661 16.173
202212 0.000 145.763 0.000
202303 13.828 146.865 15.757
202306 0.000 150.280 0.000
202309 14.908 151.492 16.469
202312 0.000 152.924 0.000
202403 12.399 153.035 13.559
202406 0.000 155.789 0.000
202409 17.719 157.882 18.782
202412 0.000 158.323 0.000
202503 18.862 157.552 20.036
202506 0.000 159.755 0.000
202509 18.844 162.289 19.432
202512 0.000 163.281 0.000
202603 19.849 164.272 20.222
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 Kirloskar Electric Co (NSE:KECL) Overvalued in 2026?

Based on GuruFocus' analysis, Kirloskar Electric Co stock appears to be overvalued. The current stock price of ₹132.23 is trading 3.8% above its estimated GF Value™ of ₹127.45. GuruFocus considers Kirloskar Electric Co to be Fairly Valued.

Key valuation signals for NSE:KECL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹127.45 vs. price of ₹132.23 (3.8% above fair value)
  • GF Score™: 71/100 with 7 warning signs

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


Kirloskar Electric Co Business Description

Other Exchanges 533193:India
Address No. 19, 2nd Main Road, Peenya 1st Stage, Phase-1, Peenya, Bangalore, KA, IND, 560058
Kirloskar Electric Co Ltd is an electrical engineering company. The company is engaged in the manufacture of electrical equipment like motors, alternators, and generators, switchgear, transformers, DG sets, and others in India and internationally. The company has different product groups like transformer and distribution groups, large machine groups, low voltage machine groups, and power generation groups. The company caters to economic sectors like power generation, transmission and distribution, transportation, renewable energy, and others. The operating reportable segments of the company are: Power generation and distribution, Rotating machine group, and Others. The company generates maximum revenue from the Rotating machines group segment.
71GF Score

Get the complete analysis for NSE:KECL

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

₹132.23
Price
₹127.45
GF Value