Oberoi Realty (NSE:OBEROIRLTY) Cyclically Adjusted PB Ratio: (As of Aug. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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:OBEROIRLTY Oberoi Realty Ltd NSE:OBEROIRLTY
96 GF Score
Price ₹1,846.00
GF Value ₹2,103.10
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Oberoi Realty Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Oberoi Realty  (NSE:OBEROIRLTY) 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.


Oberoi Realty Cyclically Adjusted PB Ratio Related Terms


Oberoi Realty Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Oberoi Realty'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.

Oberoi Realty Cyclically Adjusted PB Ratio Chart

Oberoi Realty 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 4.03 3.30 5.24 5.30 4.11

Oberoi Realty 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 4.81 0.00 4.11 0.00

Oberoi Realty Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Oberoi Realty'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.


Oberoi Realty Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Oberoi Realty's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:OBEROIRLTY
96GF Score
Oberoi Realty Ltd NSE:OBEROIRLTY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oberoi Realty 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.

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

For example, Oberoi Realty'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.

Oberoi Realty Quarterly Data

Book Value per Share CPI Adj_Book
201609 163.243 105.961 255.963
201612 0.000 105.196 0.000
201703 168.641 105.196 266.350
201706 0.000 107.109 0.000
201709 172.021 109.021 262.155
201712 0.000 109.404 0.000
201803 179.397 109.786 271.491
201806 0.000 111.317 0.000
201809 212.384 115.142 306.462
201812 0.000 115.142 0.000
201903 220.823 118.202 310.390
201906 0.000 120.880 0.000
201909 226.381 123.175 305.355
201912 0.000 126.235 0.000
202003 237.333 124.705 316.200
202006 0.000 127.000 0.000
202009 241.904 130.118 308.883
202012 0.000 130.889 0.000
202103 257.676 131.771 324.896
202106 0.000 134.084 0.000
202109 267.217 135.847 326.815
202112 0.000 138.161 0.000
202203 286.471 138.822 342.856
202206 0.000 142.347 0.000
202209 303.316 144.661 348.363
202212 0.000 145.763 0.000
202303 335.810 146.865 379.896
202306 0.000 150.280 0.000
202309 353.191 151.492 387.354
202312 0.000 152.924 0.000
202403 380.757 153.035 413.378
202406 0.000 155.789 0.000
202409 407.038 157.882 428.341
202412 0.000 158.323 0.000
202503 431.925 157.552 455.484
202506 0.000 159.755 0.000
202509 460.390 162.289 471.329
202512 0.000 163.281 0.000
202603 492.891 164.272 498.511
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 Oberoi Realty (NSE:OBEROIRLTY) Overvalued in 2026?

Based on GuruFocus' analysis, Oberoi Realty stock appears to be undervalued. The current stock price of ₹1,846.00 is trading 12.2% below its estimated GF Value™ of ₹2,103.10. GuruFocus considers Oberoi Realty to be Modestly Undervalued.

Key valuation signals for NSE:OBEROIRLTY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹2,103.10 vs. price of ₹1,846.00 (12.2% below fair value)
  • GF Score™: 96/100 with 3 warning signs

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


Oberoi Realty Business Description

Other Exchanges 533273:India
Address Off Western Express Highway, Commerz, 3rd Floor, International Business Park, Oberoi Garden City, Goregaon (East), Mumbai, MH, IND, 400 063
Oberoi Realty Ltd is an India-based company engaged in the business of real estate development and hospitality. The company develops residential, commercial, hospitality, retail and social infrastructure projects. It operates through two segments: i) The Real Estate segment, which develops and sells residential properties and leases commercial properties. ii) The Hospitality segment, which is into the business of owning and operating the hotel. The company's projects include Oberoi Garden City Thane, Three Sixty West Mumbai, Forestville by Oberoi Realty, Eternia & Enigma by Oberoi Realty, Oberoi Garden City, Sky City by Oberoi Realty, and Elysian by Oberoi Realty.
96GF Score

Get the complete analysis for NSE:OBEROIRLTY

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

₹1,846.00
Price
₹2,103.10
GF Value