LEEL Electricals (NSE:LEEL) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

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What is LEEL Electricals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


LEEL Electricals  (NSE:LEEL) 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.


LEEL Electricals Cyclically Adjusted PB Ratio Related Terms


LEEL Electricals Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for LEEL Electricals'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.

LEEL Electricals Cyclically Adjusted PB Ratio Chart

LEEL Electricals Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
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LEEL Electricals Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Mar18 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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NSE:LEEL vs NRBT, EVTN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, LEEL Electricals'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.


LEEL Electricals Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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



LEEL Electricals 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.

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

For example, LEEL Electricals'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)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

LEEL Electricals Quarterly Data

Book Value per Share CPI Adj_Book
200803 113.236 52.407 361.611
200806 53.554 0.000
200812 56.232 0.000
200903 118.686 56.615 350.845
201003 126.286 65.030 325.001
201103 135.277 70.768 319.912
201106 137.586 72.298 318.486
201109 75.359 0.000
201112 75.359 0.000
201203 151.245 76.889 329.203
201206 79.567 0.000
201209 82.244 0.000
201212 83.774 0.000
201303 155.882 85.687 304.457
201306 88.365 0.000
201309 91.042 0.000
201312 91.425 0.000
201403 181.046 91.425 331.413
201406 94.103 0.000
201409 96.780 0.000
201412 96.780 0.000
201503 214.081 97.163 368.742
201506 99.841 0.000
201509 101.753 0.000
201512 102.901 0.000
201603 215.568 102.518 351.907
201606 105.961 0.000
201609 105.961 0.000
201612 105.196 0.000
201703 223.248 105.196 355.167
201706 107.109 0.000
201803 326.223 109.786 497.291
202409 -0.024 157.882 -0.025
202412 158.323 0.000
202503 1,672.710 157.552 1,776.815
202506 159.755 0.000
202509 1,032.543 162.289 1,064.788
202512 163.281 0.000
202603 96.663 164.272 98.478
202606 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.


LEEL Electricals Business Description

Address Ecotech XII, Industrial area, Plot No.57, Greater Noida, Noida, UP, IND, 201306
LEEL Electricals Ltd is an India-based heat exchangers coils manufacturer. It manufactures air conditioners for various brands including its own brand of LLOYD. The company also manufactures consumer durable business under Lloyd brand which includes product portfolio like Air-Conditioner, LED TV, Washing Machines, Chest Freezers and other small home appliances. Lloyd's segments are OEM and Packaged Air conditioning Segment, and Heat Exchangers and Components Segments but OEM and Packaged Air conditioning Segment generates the majority of the revenue.