National Standard (India) (NSE:NATIONSTD) 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:NATIONSTD National Standard (India) Ltd NSE:NATIONSTD
50 GF Score
Price ₹133.66
GF Value ₹3,108.45
Valuation Possible Value Trap
! 4 Warning Signs
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What is National Standard (India) Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Standard (India)  (NSE:NATIONSTD) 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.


National Standard (India) Cyclically Adjusted PB Ratio Related Terms


National Standard (India) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for National Standard (India)'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.

National Standard (India) Cyclically Adjusted PB Ratio Chart

National Standard (India) 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 40.86 28.12 9.88

National Standard (India) 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 13.42 0.00 9.88 0.00

NSE:NATIONSTD vs : Cyclically Adjusted PB Ratio Comparison

For the Real Estate - Development subindustry, National Standard (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.


National Standard (India) Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, National Standard (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where National Standard (India)'s Cyclically Adjusted PB Ratio falls into.


NSE:NATIONSTD
50GF Score
National Standard (India) Ltd NSE:NATIONSTD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Standard (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.

National Standard (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, National Standard (India)'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)
=0/333.9520*333.9520
=0.000

Current CPI (Jun. 2026) = 333.9520.

National Standard (India) Quarterly Data

Book Value per Share CPI Adj_Book
201609 82.486 241.428 114.098
201612 0.000 241.432 0.000
201703 89.085 243.801 122.026
201706 0.000 244.955 0.000
201709 91.576 246.819 123.905
201712 0.000 246.524 0.000
201803 94.263 249.554 126.142
201806 0.000 251.989 0.000
201809 95.729 252.439 126.640
201812 0.000 251.233 0.000
201903 96.948 254.202 127.363
201906 0.000 256.143 0.000
201909 97.768 256.759 127.161
201912 0.000 256.974 0.000
202003 99.652 258.115 128.931
202006 0.000 257.797 0.000
202009 101.621 260.280 130.385
202012 0.000 260.474 0.000
202103 105.867 264.877 133.475
202106 0.000 271.696 0.000
202109 111.564 274.310 135.821
202112 0.000 278.802 0.000
202203 118.034 287.504 137.103
202206 0.000 296.311 0.000
202209 120.758 296.808 135.870
202212 0.000 296.797 0.000
202303 121.664 301.836 134.609
202306 0.000 305.109 0.000
202309 124.800 307.789 135.408
202312 0.000 306.746 0.000
202403 129.484 312.332 138.447
202406 0.000 314.175 0.000
202409 133.172 315.301 141.050
202412 0.000 315.605 0.000
202503 136.216 319.799 142.244
202506 0.000 322.561 0.000
202509 138.901 324.800 142.815
202512 0.000 324.054 0.000
202603 140.625 330.213 142.217
202606 0.000 333.952 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 National Standard (India) (NSE:NATIONSTD) Overvalued in 2026?

Based on GuruFocus' analysis, National Standard (India) stock appears to be undervalued. The current stock price of ₹133.66 is trading 95.7% below its estimated GF Value™ of ₹3,108.45. GuruFocus considers National Standard (India) to be Possible Value Trap.

Key valuation signals for NSE:NATIONSTD:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹3,108.45 vs. price of ₹133.66 (95.7% below fair value)
  • GF Score™: 50/100 with 4 warning signs

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


National Standard (India) Business Description

Comparable Companies
Other Exchanges 504882:India
Address Senapati Bapat Marg, One Lodha Place, Near Lodha World Towers, Mumbai, MH, IND, 400013
National Standard (India) Ltd is engaged in real estate business activities. The company also involves in the construction of housing and the development of infrastructure for its real estate business. Some of its projects include building large residential complexes across India, which includes Lodha Grandezza, and Wagle Estate.
50GF Score

Get the complete analysis for NSE:NATIONSTD

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

₹133.66
Price
₹3,108.45
GF Value