Paramount Communications (NSE:PARACABLES) Cyclically Adjusted PB Ratio: (As of Aug. 29, 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.
Reviewed by: Charlie Tian Charlie Tian
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:PARACABLES Paramount Communications Ltd NSE:PARACABLES
83 GF Score
Price ₹62.37
GF Value ₹88.57
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Paramount Communications Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Paramount Communications  (NSE:PARACABLES) 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.


Paramount Communications Cyclically Adjusted PB Ratio Related Terms


Paramount Communications Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Paramount Communications'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.

Paramount Communications Cyclically Adjusted PB Ratio Chart

Paramount Communications 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 37.82 7.67 2.56

Paramount Communications 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 4.64 0.00 2.56 0.00

NSE:PARACABLES vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Paramount Communications'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.


Paramount Communications Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Paramount Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Paramount Communications 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.

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

For example, Paramount Communications'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.

Paramount Communications Quarterly Data

Book Value per Share CPI Adj_Book
201609 -30.329 105.961 -47.902
201612 0.000 105.196 0.000
201703 -0.899 105.196 -1.430
201706 0.000 107.109 0.000
201709 -0.387 109.021 -0.594
201712 0.000 109.404 0.000
201803 6.040 109.786 9.207
201806 0.000 111.317 0.000
201809 7.154 115.142 10.398
201812 0.000 115.142 0.000
201903 8.232 118.202 11.655
201906 0.000 120.880 0.000
201909 9.041 123.175 12.284
201912 0.000 126.235 0.000
202003 9.892 124.705 13.275
202006 0.000 127.000 0.000
202009 9.303 130.118 11.965
202012 0.000 130.889 0.000
202103 9.937 131.771 12.621
202106 0.000 134.084 0.000
202109 9.976 135.847 12.290
202112 0.000 138.161 0.000
202203 10.389 138.822 12.525
202206 0.000 142.347 0.000
202209 11.416 144.661 13.207
202212 0.000 145.763 0.000
202303 15.196 146.865 17.316
202306 0.000 150.280 0.000
202309 16.668 151.492 18.414
202312 0.000 152.924 0.000
202403 20.636 153.035 22.567
202406 0.000 155.789 0.000
202409 22.134 157.882 23.462
202412 0.000 158.323 0.000
202503 23.512 157.552 24.975
202506 0.000 159.755 0.000
202509 24.570 162.289 25.337
202512 0.000 163.281 0.000
202603 25.493 164.272 25.972
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 Paramount Communications (NSE:PARACABLES) Overvalued in 2026?

Based on GuruFocus' analysis, Paramount Communications stock appears to be undervalued. The current stock price of ₹62.37 is trading 29.6% below its estimated GF Value™ of ₹88.57. GuruFocus considers Paramount Communications to be Possible Value Trap.

Key valuation signals for NSE:PARACABLES:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹88.57 vs. price of ₹62.37 (29.6% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Paramount Communications Business Description

Other Exchanges 530555:India
Address KH-433, Maulsari Avenue, Westend Greens, New Delhi, IND, 110037
Paramount Communications Ltd is a wire and cable manufacturing company. Its product portfolio consists of low-voltage and high-voltage power cables, aerial bunch cables (ABC), control and instrumentation cables, thermocouple extension and compensating cables, fire performance cables, and others. Its products are used in the power, railways, telecom and information technology (IT), petrochemicals, construction, and defense industries. The company operates in a single business segment which is Wire and Cables comprising of power cables, telecom cables, railway cables and specialised cables.
83GF Score

Get the complete analysis for NSE:PARACABLES

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

₹62.37
Price
₹88.57
GF Value