Morarjee Textiles (NSE:MORARJEE) Cyclically Adjusted PB Ratio: 0.60 (As of Aug. 23, 2026)

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NSE:MORARJEE Morarjee Textiles Ltd NSE:MORARJEE
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Price ₹10.19
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What is Morarjee Textiles Cyclically Adjusted PB Ratio?

Morarjee Textiles NSE:MORARJEE 4 Cyclically Adjusted PB Ratio is 0.60 as of Aug. 23, 2026. GuruFocus rates NSE:MORARJEE with a GF Score™ of 4/100.

As of today (2026-08-23), Morarjee Textiles's current share price is ₹10.19. Morarjee Textiles's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹17.11. Morarjee Textiles's Cyclically Adjusted PB Ratio for today is 0.60.

The historical rank and industry rank for Morarjee Textiles's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:MORARJEE's Cyclically Adjusted PB Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.95
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Morarjee Textiles's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹-79.937. 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 ₹17.11 for the trailing ten years ended in Mar23.

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Morarjee Textiles  (NSE:MORARJEE) 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.


Morarjee Textiles Cyclically Adjusted PB Ratio Related Terms


Morarjee Textiles Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Morarjee Textiles'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.

Morarjee Textiles Cyclically Adjusted PB Ratio Chart

Morarjee Textiles Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.22 0.41 0.73 0.99

Morarjee Textiles Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.99 0.00 0.00 0.00

Morarjee Textiles Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Morarjee Textiles'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.


Morarjee Textiles Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Morarjee Textiles's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:MORARJEE
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Morarjee Textiles Ltd NSE:MORARJEE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Morarjee Textiles 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.

Morarjee Textiles's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.19/17.11
=0.60

* 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.

Morarjee Textiles's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Morarjee Textiles's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-79.937/146.8646*146.8646
=-79.937

Current CPI (Mar23) = 146.8646.

Morarjee Textiles Annual Data

Book Value per Share CPI Adj_Book
201403 33.829 91.425 54.343
201503 36.697 97.163 55.469
201603 29.661 102.518 42.491
201703 31.247 105.196 43.624
201803 29.647 109.786 39.660
201903 22.931 118.202 28.491
202003 15.656 124.705 18.438
202103 -1.394 131.771 -1.554
202203 -26.803 138.822 -28.356
202303 -79.937 146.865 -79.937

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.

What does a Cyclically Adjusted PB Ratio of 0.60 mean?
Morarjee Textiles (NSE:MORARJEE) has a Cyclically Adjusted PB Ratio of 0.60 as of Aug. 23, 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 Morarjee Textiles and its competitors.
Is Morarjee Textiles' Cyclically Adjusted PB Ratio too high?
Morarjee Textiles' current Cyclically Adjusted PB Ratio is 0.60. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. Morarjee Textiles' value of 0.60 is 36.8% below this industry median. Overall, Morarjee Textiles has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Morarjee Textiles' Cyclically Adjusted PB Ratio compare to competitors?
Morarjee Textiles' Cyclically Adjusted PB Ratio of 0.60 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Morarjee Textiles' value of 0.60 is 36.8% below this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.95, based on 770 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. Morarjee Textiles's current Cyclically Adjusted PB Ratio of 0.60 is 36.8% below 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 Morarjee Textiles and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morarjee Textiles's current Cyclically Adjusted PB Ratio is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morarjee Textiles stock overvalued right now?
Morarjee Textiles (NSE:MORARJEE) has a current Cyclically Adjusted PB Ratio of 0.60. The current Cyclically Adjusted PB Ratio is 0.60 and 36.8% below the Manufacturing - Apparel & Accessories industry median of 0.95. Morarjee Textiles' overall GF Score™ is 4/100. 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 Morarjee Textiles (NSE:MORARJEE), the current Cyclically Adjusted PB Ratio is 0.60 as of Aug. 23, 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.

Morarjee Textiles Business Description

Address Ganpatrao Kadam Marg, Unit 5, Ground Floor, Wing B, Peninsula Corporate Park, Peninsula Tower - 1, Lower Parel West, Mumbai, MH, IND, 400013
Morarjee Textiles Ltd is involved in the textile manufacturing business sector. The firm deals in the manufacture of yarn and fabrics. Its products include white fabric, voiles, yarn, and fashion prints among others.
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