Modison (NSE:MODISONLTD) Cyclically Adjusted PB Ratio: (As of Aug. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:MODISONLTD Modison Ltd NSE:MODISONLTD
79 GF Score
Price ₹387.15
GF Value ₹286.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Modison Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Modison  (NSE:MODISONLTD) 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.


Modison Cyclically Adjusted PB Ratio Related Terms


Modison Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Modison'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.

Modison Cyclically Adjusted PB Ratio Chart

Modison 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 2.10 2.07 1.89

Modison 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 2.69 0.00 1.89 0.00

NSE:MODISONLTD vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Modison'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.


Modison Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


NSE:MODISONLTD
79GF Score
Modison Ltd NSE:MODISONLTD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Modison 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.

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

For example, Modison'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.

Modison Quarterly Data

Book Value per Share CPI Adj_Book
201309 29.460 91.042 54.154
201312 0.000 91.425 0.000
201403 29.535 91.425 54.065
201406 0.000 94.103 0.000
201409 30.456 96.780 52.666
201412 0.000 96.780 0.000
201503 30.002 97.163 51.677
201603 32.152 102.518 52.487
201703 35.276 105.196 56.121
201803 39.116 109.786 59.628
201903 42.409 118.202 60.045
201906 0.000 120.880 0.000
201909 42.844 123.175 58.212
201912 0.000 126.235 0.000
202003 45.253 124.705 60.731
202006 0.000 127.000 0.000
202009 48.107 130.118 61.875
202012 0.000 130.889 0.000
202103 50.717 131.771 64.414
202106 0.000 134.084 0.000
202109 52.941 135.847 65.221
202112 0.000 138.161 0.000
202203 54.173 138.822 65.309
202206 0.000 142.347 0.000
202209 55.850 144.661 64.612
202212 0.000 145.763 0.000
202303 57.657 146.865 65.702
202306 0.000 150.280 0.000
202309 60.106 151.492 66.401
202312 0.000 152.924 0.000
202403 62.682 153.035 68.549
202406 0.000 155.789 0.000
202409 63.510 157.882 67.321
202412 0.000 158.323 0.000
202503 66.751 157.552 70.905
202506 0.000 159.755 0.000
202509 69.804 162.289 71.984
202512 0.000 163.281 0.000
202603 84.640 164.272 86.229
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 Modison (NSE:MODISONLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Modison stock appears to be overvalued. The current stock price of ₹387.15 is trading 35.3% above its estimated GF Value™ of ₹286.07. GuruFocus considers Modison to be Significantly Overvalued.

Key valuation signals for NSE:MODISONLTD:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹286.07 vs. price of ₹387.15 (35.3% above fair value)
  • GF Score™: 79/100 with 5 warning signs

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


Modison Business Description

Other Exchanges 506261:India
Address 33 Nariman Bhavan, 227 Nariman Point, Mumbai, MH, IND, 400021
Modison Ltd is an India-based holding company. It is a manufacturer of Electrical contacts in all three segments, LV, MV & HV. Its products are Electrical Contacts that include Low Voltage Electrical Contacts, Medium & High Voltage Electrical Contacts, Precious Metal Compounds; Silver Bullion; and Value Added Services. The company operates in the manufacturing of electrical contacts segment. The majority of its revenue is earned through the Indian market, and it also has a presence in various other countries.
79GF Score

Get the complete analysis for NSE:MODISONLTD

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

₹387.15
Price
₹286.07
GF Value