Olectra Greentech (NSE:OLECTRA) Cyclically Adjusted PB Ratio: (As of Aug. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:OLECTRA Olectra Greentech Ltd NSE:OLECTRA
83 GF Score
Price ₹1,318.40
GF Value ₹2,348.81
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Olectra Greentech Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Olectra Greentech  (NSE:OLECTRA) 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.


Olectra Greentech Cyclically Adjusted PB Ratio Related Terms


Olectra Greentech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Olectra Greentech'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.

Olectra Greentech Cyclically Adjusted PB Ratio Chart

Olectra Greentech 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 11.68 9.35 25.34 13.64 9.68

Olectra Greentech 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 16.68 0.00 9.68 0.00

NSE:OLECTRA vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Olectra Greentech'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.


Olectra Greentech Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Olectra Greentech's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:OLECTRA
83GF Score
Olectra Greentech Ltd NSE:OLECTRA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Olectra Greentech 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.

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

For example, Olectra Greentech'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.

Olectra Greentech Quarterly Data

Book Value per Share CPI Adj_Book
201509 22.995 101.753 37.821
201512 0.000 102.901 0.000
201603 16.044 102.518 26.191
201606 0.000 105.961 0.000
201609 24.445 105.961 38.609
201612 0.000 105.196 0.000
201703 18.357 105.196 29.204
201803 39.527 109.786 60.255
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 88.558 118.202 125.385
201906 0.000 120.880 0.000
201909 87.473 123.175 118.849
201912 0.000 126.235 0.000
202003 89.251 124.705 119.777
202006 0.000 127.000 0.000
202009 88.694 130.118 114.078
202012 0.000 130.889 0.000
202103 90.243 131.771 114.615
202106 0.000 134.084 0.000
202109 90.842 135.847 111.913
202112 0.000 138.161 0.000
202203 94.697 138.822 114.162
202206 0.000 142.347 0.000
202209 97.256 144.661 112.515
202212 0.000 145.763 0.000
202303 102.307 146.865 116.582
202306 0.000 150.280 0.000
202309 106.310 151.492 117.444
202312 0.000 152.924 0.000
202403 111.290 153.035 121.706
202406 0.000 155.789 0.000
202409 119.608 157.882 126.786
202412 0.000 158.323 0.000
202503 127.833 157.552 135.789
202506 0.000 159.755 0.000
202509 136.725 162.289 140.995
202512 0.000 163.281 0.000
202603 149.557 164.272 152.366
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 Olectra Greentech (NSE:OLECTRA) Overvalued in 2026?

Based on GuruFocus' analysis, Olectra Greentech stock appears to be undervalued. The current stock price of ₹1,318.40 is trading 43.9% below its estimated GF Value™ of ₹2,348.81. GuruFocus considers Olectra Greentech to be Possible Value Trap.

Key valuation signals for NSE:OLECTRA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹2,348.81 vs. price of ₹1,318.40 (43.9% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Olectra Greentech Business Description

Other Exchanges 532439:India
Address Technocrat Industrial Estate, S-22, 2nd and 3rd Floor, Balanagar, Hyderabad, TG, IND, 500037
Olectra Greentech Ltd is engaged in the manufacturing of polymer insulators, electric trucks, and electric buses in India. The company's reportable segments are; Composite Polymer Insulators, and the E-Vehicle division which derives the majority of its revenue, and includes electric buses and trucks.
83GF Score

Get the complete analysis for NSE:OLECTRA

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

₹1,318.40
Price
₹2,348.81
GF Value