Kirloskar Oil Engines (NSE:KIRLOSENG) Cyclically Adjusted PB Ratio: (As of Aug. 12, 2026)

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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:KIRLOSENG Kirloskar Oil Engines Ltd NSE:KIRLOSENG
68 GF Score
Price ₹2,101.50
GF Value ₹1,291.39
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Kirloskar Oil Engines Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kirloskar Oil Engines  (NSE:KIRLOSENG) 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 Oil Engines Cyclically Adjusted PB Ratio Related Terms


Kirloskar Oil Engines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kirloskar Oil Engines'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 Oil Engines Cyclically Adjusted PB Ratio Chart

Kirloskar Oil Engines 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 2.73 5.57 4.37 7.38

Kirloskar Oil Engines 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 5.30 0.00 7.38 0.00

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

For the Specialty Industrial Machinery subindustry, Kirloskar Oil Engines'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 Oil Engines Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


NSE:KIRLOSENG
68GF Score
Kirloskar Oil Engines Ltd NSE:KIRLOSENG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

For example, Kirloskar Oil Engines'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)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

Kirloskar Oil Engines Quarterly Data

Book Value per Share CPI Adj_Book
201503 92.760 97.163 158.617
201506 0.000 99.841 0.000
201509 99.586 101.753 162.607
201512 0.000 102.901 0.000
201603 99.840 102.518 161.805
201703 111.827 105.196 176.618
201803 108.942 109.786 164.868
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 117.456 118.202 165.097
201906 0.000 120.880 0.000
201909 120.259 123.175 162.212
201912 0.000 126.235 0.000
202003 120.677 124.705 160.779
202006 0.000 127.000 0.000
202009 123.969 130.118 158.294
202012 0.000 130.889 0.000
202103 132.915 131.771 167.588
202106 0.000 134.084 0.000
202109 135.223 135.847 165.382
202112 0.000 138.161 0.000
202203 143.947 138.822 172.279
202206 0.000 142.347 0.000
202209 150.775 144.661 173.167
202212 0.000 145.763 0.000
202303 159.149 146.865 180.043
202306 0.000 150.280 0.000
202309 170.675 151.492 187.184
202312 0.000 152.924 0.000
202403 184.622 153.035 200.439
202406 0.000 155.789 0.000
202409 200.849 157.882 211.361
202412 0.000 158.323 0.000
202503 212.600 157.552 224.196
202506 0.000 159.755 0.000
202509 232.150 162.289 237.666
202512 0.000 163.281 0.000
202603 249.052 164.272 251.892
202606 0.000 166.145 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 Oil Engines (NSE:KIRLOSENG) Overvalued in 2026?

Based on GuruFocus' analysis, Kirloskar Oil Engines stock appears to be overvalued. The current stock price of ₹2,101.50 is trading 62.7% above its estimated GF Value™ of ₹1,291.39. GuruFocus considers Kirloskar Oil Engines to be Significantly Overvalued.

Key valuation signals for NSE:KIRLOSENG:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,291.39 vs. price of ₹2,101.50 (62.7% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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


Kirloskar Oil Engines Business Description

Other Exchanges 533293:India
Address Laxmanrao Kirloskar Road, Khadki, Pune, MH, IND, 411003
Kirloskar Oil Engines Ltd is an India-based company that, along with its subsidiaries, engages in the business of manufacturing engines, generating sets, pump sets, power tillers, spares thereof, and Financial services. The company's products are used in various industries, including Airports, Agriculture, Construction & Infrastructure, Defence, Food & Beverage, Healthcare, Hospitality, and others. Its operating reportable segments are: B2B, B2C, and Financial Services. Maximum revenue is generated from its B2B segment, which includes the power solutions space, offering a wide including internal combustion engines, fuel-agnostic gensets, and customised power systems. Geographically, the majority of the company's revenue is generated in India, and the rest from other countries.
68GF Score

Get the complete analysis for NSE:KIRLOSENG

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

₹2,101.50
Price
₹1,291.39
GF Value