Prozone Realty (NSE:PROZONER) Cyclically Adjusted PB Ratio: (As of Aug. 27, 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:PROZONER Prozone Realty Ltd NSE:PROZONER
68 GF Score
Price ₹43.51
GF Value ₹33.35
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Prozone Realty Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Prozone Realty  (NSE:PROZONER) 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.


Prozone Realty Cyclically Adjusted PB Ratio Related Terms


Prozone Realty Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Prozone 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.

Prozone Realty Cyclically Adjusted PB Ratio Chart

Prozone 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 0.49 0.50 0.65 0.68 1.00

Prozone 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 1.27 0.00 1.00 0.00

Prozone Realty Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Prozone 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.


Prozone Realty Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


NSE:PROZONER
68GF Score
Prozone Realty Ltd NSE:PROZONER
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Prozone 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.

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

For example, Prozone 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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Prozone Realty Quarterly Data

Book Value per Share CPI Adj_Book
201609 36.159 105.961 57.110
201612 0.000 105.196 0.000
201703 34.959 105.196 55.617
201706 0.000 107.109 0.000
201709 34.303 109.021 52.658
201712 0.000 109.404 0.000
201803 34.266 109.786 52.235
201806 0.000 111.317 0.000
201809 32.907 115.142 47.830
201812 0.000 115.142 0.000
201903 32.712 118.202 46.316
201906 0.000 120.880 0.000
201909 32.359 123.175 43.966
201912 0.000 126.235 0.000
202003 32.537 124.705 43.665
202006 0.000 127.000 0.000
202009 31.239 130.118 40.180
202012 0.000 130.889 0.000
202103 31.497 131.771 40.003
202106 0.000 134.084 0.000
202109 31.750 135.847 39.115
202112 0.000 138.161 0.000
202203 31.599 138.822 38.094
202206 0.000 142.347 0.000
202209 32.399 144.661 37.482
202212 0.000 145.763 0.000
202303 33.548 146.865 38.229
202306 0.000 150.280 0.000
202309 34.224 151.492 37.808
202312 0.000 152.924 0.000
202403 33.383 153.035 36.507
202406 0.000 155.789 0.000
202409 33.371 157.882 35.374
202412 0.000 158.323 0.000
202503 30.652 157.552 32.560
202506 0.000 159.755 0.000
202509 30.896 162.289 31.861
202512 0.000 163.281 0.000
202603 29.907 164.272 30.469
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 Prozone Realty (NSE:PROZONER) Overvalued in 2026?

Based on GuruFocus' analysis, Prozone Realty stock appears to be overvalued. The current stock price of ₹43.51 is trading 30.5% above its estimated GF Value™ of ₹33.35. GuruFocus considers Prozone Realty to be Modestly Overvalued.

Key valuation signals for NSE:PROZONER:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹33.35 vs. price of ₹43.51 (30.5% above fair value)
  • GF Score™: 68/100 with 6 warning signs

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


Prozone Realty Business Description

Other Exchanges 534675:India
Address Off New Link Road, 105/106, Ground Floor, Dream Square, Dalia Industrial Estate, Andheri (West), Mumbai, MH, IND, 400053
Prozone Realty Ltd is a real estate development company. The company owns, designs, develops and operates shopping malls, and commercial and residential real estate. It also provides related management consultancy services. The company's operating segment includes Leasing and Outright sales. It generates majority revenue from the Leasing segment.
68GF Score

Get the complete analysis for NSE:PROZONER

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

₹43.51
Price
₹33.35
GF Value