Semac Construction (NSE:SEMAC) Cyclically Adjusted PB Ratio: 0.67 (As of Aug. 07, 2026) — Near Median

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NSE:SEMAC Semac Construction Ltd NSE:SEMAC
57 GF Score
Price ₹309.05
GF Value ₹641.98
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Semac Construction Cyclically Adjusted PB Ratio?

Semac Construction NSE:SEMAC -1.89% 57 Cyclically Adjusted PB Ratio is 0.67 as of Aug. 07, 2026, which is 3% below its 10-year median of 0.69. GuruFocus rates NSE:SEMAC with a GF Score™ of 57/100 and a GF Value™ of ₹641.98 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,343 Construction companies, Semac Construction ranks better than 75.5% on this metric.

As of today (2026-08-07), Semac Construction's current share price is ₹309.05. Semac Construction's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹462.60. Semac Construction's Cyclically Adjusted PB Ratio for today is 0.67.

The historical rank and industry rank for Semac Construction's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:SEMAC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.69   Max: 3.72
Current: 0.56

During the past years, Semac Construction's highest Cyclically Adjusted PB Ratio was 3.72. The lowest was 0.42. And the median was 0.69.

NSE:SEMAC's Cyclically Adjusted PB Ratio is ranked better than
75.5% of 1343 companies
in the Construction industry
Industry Median: 1.14 vs NSE:SEMAC: 0.56

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Semac Construction's adjusted book value per share data for the three months ended in Mar. 2026 was ₹262.149. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹462.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Semac Construction  (NSE:SEMAC) 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.


Semac Construction Cyclically Adjusted PB Ratio Related Terms


Semac Construction Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Semac Construction'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.

Semac Construction Cyclically Adjusted PB Ratio Chart

Semac Construction 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 0.71 1.36 3.29 0.49 0.48

Semac Construction Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.49 0.00 0.85 0.00 0.48

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

For the Engineering & Construction subindustry, Semac Construction'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.


Semac Construction Cyclically Adjusted PB Ratio vs Construction Industry

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

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


NSE:SEMAC
57GF Score
Semac Construction Ltd NSE:SEMAC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Semac Construction 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.

Semac Construction's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=309.05/462.60
=0.67

* 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.

Semac Construction's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Semac Construction's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=262.149/164.2724*164.2724
=262.149

Current CPI (Mar. 2026) = 164.2724.

Semac Construction Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 480.610 105.961 745.094
201612 0.000 105.196 0.000
201703 519.582 105.196 811.371
201706 0.000 107.109 0.000
201709 499.878 109.021 753.211
201712 0.000 109.404 0.000
201803 491.564 109.786 735.523
201806 0.000 111.317 0.000
201809 498.761 115.142 711.580
201812 0.000 115.142 0.000
201903 524.992 118.202 729.612
201906 0.000 120.880 0.000
201909 532.596 123.175 710.297
201912 0.000 126.235 0.000
202003 570.943 124.705 752.096
202006 0.000 127.000 0.000
202009 598.784 130.118 755.958
202012 0.000 130.889 0.000
202103 596.352 131.771 743.445
202106 0.000 134.084 0.000
202109 610.709 135.847 738.497
202112 0.000 138.161 0.000
202203 308.427 138.822 364.972
202206 0.000 142.347 0.000
202209 684.195 144.661 776.949
202212 0.000 145.763 0.000
202303 369.766 146.865 413.594
202306 0.000 150.280 0.000
202309 358.215 151.492 388.435
202312 0.000 152.924 0.000
202403 258.774 153.035 277.777
202406 0.000 155.789 0.000
202409 237.075 157.882 246.670
202412 0.000 158.323 0.000
202503 237.000 157.552 247.110
202506 0.000 159.755 0.000
202509 240.521 162.289 243.460
202512 0.000 163.281 0.000
202603 262.149 164.272 262.149

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.

What does a Cyclically Adjusted PB Ratio of 0.67 mean?
Semac Construction (NSE:SEMAC) has a Cyclically Adjusted PB Ratio of 0.67 as of Aug. 07, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Semac Construction and its competitors. This is near median its historical median of 0.69. Over the past decade, Semac Construction's Cyclically Adjusted PB Ratio has ranged from 0.42 to 3.72. According to the industry distribution chart, Semac Construction ranks #329 out of 1343 companies in the Construction industry, placing it in the top 24.5%.
Is Semac Construction's Cyclically Adjusted PB Ratio too high?
Semac Construction's current Cyclically Adjusted PB Ratio of 0.67 is near median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 3.72. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Semac Construction's value of 0.67 is 41.2% below this industry median. Based on the distribution chart, Semac Construction ranks #329 out of 1343 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Semac Construction has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Semac Construction's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Semac Construction ranks #329 out of 1343 companies for Cyclically Adjusted PB Ratio. This places Semac Construction in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.14. Semac Construction's value of 0.67 is 41.2% below this benchmark. Historically, Semac Construction's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 3.72 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.14, Semac Construction has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,343 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Semac Construction's current Cyclically Adjusted PB Ratio of 0.67 is 41.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Semac Construction and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Semac Construction's current Cyclically Adjusted PB Ratio is 0.67, which is near median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semac Construction stock overvalued right now?
Based on GuruFocus' analysis, Semac Construction (NSE:SEMAC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹641.98, compared to a current price of ₹309.05 — trading 51.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.67, which is near median its 10-year median of 0.69 and 41.2% below the Construction industry median of 1.14. Semac Construction's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Semac Construction (NSE:SEMAC), the current Cyclically Adjusted PB Ratio is 0.67 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Semac Construction (NSE:SEMAC) Overvalued in 2026?

Based on GuruFocus' analysis, Semac Construction stock appears to be undervalued. The current stock price of ₹309.05 is trading 51.9% below its estimated GF Value™ of ₹641.98. GuruFocus considers Semac Construction to be Significantly Undervalued.

Key valuation signals for NSE:SEMAC:

  • Cyclically Adjusted PB Ratio: 0.67 (near median its 10-year median of 0.69)
  • GF Value™: ₹641.98 vs. price of ₹309.05 (51.9% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 41.2% below the Construction median (#329 of 1343)

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


Semac Construction Business Description

Other Exchanges 505368:India
Address Phase - III, Plot No. 505, 3rd Floor, Udyog Vihar, Gurugram, HR, IND, 122016
Semac Construction Ltd is a comprehensive engineering and construction services provider offering solutions for ASMEPF (Architectural, Structural, Mechanical, Electrical, Plumbing, Fire Suppression, etc.) services. Its project portfolio comprises commercial complexes, roads, industrial plants, offices, etc. The group operates mainly in one business segment, viz., engineering, consultancy for commercial and industrial projects. Geographically, it derives maximum revenue from India, and also has some exposure to markets outside India.
57GF Score

Get the complete analysis for NSE:SEMAC

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

₹309.05
Price
₹641.98
GF Value