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.
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.
Kernex Microsystems (India)NSE:KERNEX +3.46%44 Cyclically Adjusted PB Ratio is 21.72 as of Aug. 02, 2026, which is 106% above its 10-year median of 10.55. GuruFocus rates NSE:KERNEX with a GF Score™ of 44/100. The stock has 5 warning signs investors should review. Among 1,576 Software companies, Kernex Microsystems (India) ranks worse than 96.57% on this metric.
The historical rank and industry rank for Kernex Microsystems (India)'s Cyclically Adjusted PB Ratio or its related term are showing as below:
NSE:KERNEX'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.12 Med: 10.55 Max: 22.55
Current: 20.91
During the past years, Kernex Microsystems (India)'s highest Cyclically Adjusted PB Ratio was 22.55. The lowest was 5.12. And the median was 10.55.
NSE:KERNEX's Cyclically Adjusted PB Ratio is ranked worse than 96.57% of 1576
companies
in the Software industry
Industry Median: 2.235
vs NSE:KERNEX: 20.91
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.
Kernex Microsystems (India)'s adjusted book value per share data for the three months ended in Mar. 2026 was ₹147.670. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹105.49 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Kernex Microsystems (India) (NSE:KERNEX) 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.
Kernex Microsystems (India) Cyclically Adjusted PB Ratio Related Terms
Kernex Microsystems (India) Cyclically Adjusted PB Ratio Historical Data
* 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.
Kernex Microsystems (India) Cyclically Adjusted PB Ratio Chart
NSE:KERNEX vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison
For the Software - Application subindustry, Kernex Microsystems (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.
Kernex Microsystems (India) Cyclically Adjusted PB Ratio vs Software Industry
For the Software industry and Technology sector, Kernex Microsystems (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Kernex Microsystems (India)'s Cyclically Adjusted PB Ratio falls into.
Kernex Microsystems (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.
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 21.72 mean?
Kernex Microsystems (India) (NSE:KERNEX) has a Cyclically Adjusted PB Ratio of 21.72 as of Aug. 02, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Kernex Microsystems (India) and its competitors. This is 106% above median its historical median of 10.55. Over the past decade, Kernex Microsystems (India)'s Cyclically Adjusted PB Ratio has ranged from 5.12 to 22.55. According to the industry distribution chart, Kernex Microsystems (India) ranks #1522 out of 1576 companies in the Software industry, placing it in the top 96.6%.
Is Kernex Microsystems (India)'s Cyclically Adjusted PB Ratio too high?
Kernex Microsystems (India)'s current Cyclically Adjusted PB Ratio of 21.72 is 106% above median its 10-year median of 10.55. Over the past 10 years, this metric has ranged from a low of 5.12 to a high of 22.55. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Kernex Microsystems (India)'s value of 21.72 is 871.8% above this industry median. Based on the distribution chart, Kernex Microsystems (India) ranks #1522 out of 1576 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Kernex Microsystems (India) has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Kernex Microsystems (India)'s Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Kernex Microsystems (India) ranks #1522 out of 1576 companies for Cyclically Adjusted PB Ratio. This places Kernex Microsystems (India) in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Kernex Microsystems (India)'s value of 21.72 is 871.8% above this benchmark. Historically, Kernex Microsystems (India)'s own Cyclically Adjusted PB Ratio has ranged from 5.12 to 22.55 over the past decade. While the company's 10-year median is 10.55 vs. the industry median of 2.24, Kernex Microsystems (India) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kernex Microsystems (India)'s current Cyclically Adjusted PB Ratio of 21.72 is 871.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Kernex Microsystems (India) and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kernex Microsystems (India)'s current Cyclically Adjusted PB Ratio is 21.72, which is 106% above median its own 10-year median of 10.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kernex Microsystems (India) stock overvalued right now?
Kernex Microsystems (India) (NSE:KERNEX) has a current Cyclically Adjusted PB Ratio of 21.72. The current Cyclically Adjusted PB Ratio is 21.72, which is 106% above median its 10-year median of 10.55 and 871.8% above the Software industry median of 2.24. Kernex Microsystems (India)'s overall GF Score™ is 44/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Kernex Microsystems (India) (NSE:KERNEX), the current Cyclically Adjusted PB Ratio is 21.72 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Kernex Microsystems (India) Ltd is an India based company engaged in the manufacture and sale of Safety Systems and Software services for Railways. The company is in the business of designing, developing, and deployment of Train Collision Avoidance Systems in Indian Railways, and successfully completing the installation of automatic and semi-automatic Railway Gates. It offers products which include LxGuard, TrainSHIELD, SAFELx, SENTINEX, CASRY, KMDAX, ATRW, KTPIS, and BCPS2440. Geographically, it generates the majority of its revenue within India.
44GF Score
Get the complete analysis for NSE:KERNEX
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:KERNEX has been successfully added to your 
