Power Mech Projects (NSE:POWERMECH) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:POWERMECH Power Mech Projects Ltd NSE:POWERMECH
93 GF Score
Price ₹2,371.40
GF Value ₹3,575.92
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Power Mech Projects Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Mech Projects  (NSE:POWERMECH) 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.


Power Mech Projects Cyclically Adjusted PB Ratio Related Terms


Power Mech Projects Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Power Mech Projects'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.

Power Mech Projects Cyclically Adjusted PB Ratio Chart

Power Mech Projects 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 1.58 3.98 6.84 6.38 3.49

Power Mech Projects 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 7.76 6.16 5.19 3.49 5.47

NSE:POWERMECH vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Power Mech Projects'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.


Power Mech Projects Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Power Mech Projects's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Power Mech Projects's Cyclically Adjusted PB Ratio falls into.


NSE:POWERMECH
93GF Score
Power Mech Projects Ltd NSE:POWERMECH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Power Mech Projects 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.

Power Mech Projects's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Power Mech Projects's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=818.897/164.2724*164.2724
=818.897

Current CPI (Mar26) = 164.2724.

Power Mech Projects Annual Data

Book Value per Share CPI Adj_Book
201703 211.873 105.196 330.858
201803 242.092 109.786 362.240
201903 281.260 118.202 390.884
202003 326.040 124.705 429.488
202103 308.750 131.771 384.905
202203 355.658 138.822 420.862
202303 428.247 146.865 479.007
202403 581.865 153.035 624.594
202503 690.350 157.552 719.798
202603 818.897 164.272 818.897

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 Power Mech Projects (NSE:POWERMECH) Overvalued in 2026?

Based on GuruFocus' analysis, Power Mech Projects stock appears to be undervalued. The current stock price of ₹2,371.40 is trading 33.7% below its estimated GF Value™ of ₹3,575.92. GuruFocus considers Power Mech Projects to be Significantly Undervalued.

Key valuation signals for NSE:POWERMECH:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹3,575.92 vs. price of ₹2,371.40 (33.7% below fair value)
  • GF Score™: 93/100 with 1 warning sign

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


Power Mech Projects Business Description

Other Exchanges 539302:India
Address Plot No. 77, Jubilee Enclave Road, Opposite Hitex, Madhapur, Hyderabad, TG, IND, 500081
Power Mech Projects Ltd is an India-based engineering and construction company providing integrated service in erection, testing and commissioning (ETC) of boilers, turbines and generators and balance of plant (BOP), civil works and operation and maintenance (O&M). The company is also undertaking railway projects and executing railway project of doubling of tracks including electrification, signalling, culverts, platforms, transmission and distribution portfolio. It operates in the business segment of construction and maintenance activities. Geographically the company generates the majority of its revenue from India.
93GF Score

Get the complete analysis for NSE:POWERMECH

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

₹2,371.40
Price
₹3,575.92
GF Value