Shilchar Technologies (NSE:SHILCTECH) Cyclically Adjusted PB Ratio: 31.50 (As of Jul. 21, 2026) — 30% Above Median

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NSE:SHILCTECH Shilchar Technologies Ltd NSE:SHILCTECH
76 GF Score
Price ₹4,488.50
GF Value ₹4,739.87
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Shilchar Technologies Cyclically Adjusted PB Ratio?

Shilchar Technologies NSE:SHILCTECH +1.69% 76 Cyclically Adjusted PB Ratio is 31.50 as of Jul. 21, 2026, which is 30% above its 10-year median of 24.16. GuruFocus rates NSE:SHILCTECH with a GF Score™ of 76/100 and a GF Value™ of ₹4,739.87 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,286 Industrial Products companies, Shilchar Technologies ranks worse than 98.99% on this metric.

As of today (2026-07-21), Shilchar Technologies's current share price is ₹4488.50. Shilchar Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹142.48. Shilchar Technologies's Cyclically Adjusted PB Ratio for today is 31.50.

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

NSE:SHILCTECH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 24.16   Max: 63.58
Current: 31.5

During the past years, Shilchar Technologies's highest Cyclically Adjusted PB Ratio was 63.58. The lowest was 1.45. And the median was 24.16.

NSE:SHILCTECH's Cyclically Adjusted PB Ratio is ranked worse than
98.99% of 2286 companies
in the Industrial Products industry
Industry Median: 2.115 vs NSE:SHILCTECH: 31.50

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.

Shilchar Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was ₹429.061. 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 ₹142.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shilchar Technologies  (NSE:SHILCTECH) 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.


Shilchar Technologies Cyclically Adjusted PB Ratio Related Terms


Shilchar Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shilchar Technologies'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.

Shilchar Technologies Cyclically Adjusted PB Ratio Chart

Shilchar Technologies 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 2.30 7.98 32.67 34.08 24.94

Shilchar Technologies 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 34.08 0.00 36.03 0.00 24.94

NSE:SHILCTECH vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Shilchar Technologies'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.


Shilchar Technologies Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shilchar Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:SHILCTECH
76GF Score
Shilchar Technologies Ltd NSE:SHILCTECH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shilchar Technologies 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.

Shilchar Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4488.50/142.48
=31.50

* 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.

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

For example, Shilchar Technologies'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)
=429.061/164.2724*164.2724
=429.061

Current CPI (Mar. 2026) = 164.2724.

Shilchar Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 38.892 105.961 60.295
201612 0.000 105.196 0.000
201703 43.552 105.196 68.010
201706 0.000 107.109 0.000
201709 44.889 109.021 67.638
201712 0.000 109.404 0.000
201803 47.242 109.786 70.688
201806 0.000 111.317 0.000
201809 49.077 115.142 70.018
201812 0.000 115.142 0.000
201903 53.233 118.202 73.981
201906 0.000 120.880 0.000
201909 53.096 123.175 70.812
201912 0.000 126.235 0.000
202003 53.449 124.705 70.408
202006 0.000 127.000 0.000
202009 55.587 130.118 70.178
202012 0.000 130.889 0.000
202103 57.986 131.771 72.289
202106 0.000 134.084 0.000
202109 59.254 135.847 71.653
202112 0.000 138.161 0.000
202203 69.728 138.822 82.511
202206 0.000 142.347 0.000
202209 162.872 144.661 184.952
202212 0.000 145.763 0.000
202303 106.156 146.865 118.739
202306 0.000 150.280 0.000
202309 138.499 151.492 150.183
202312 0.000 152.924 0.000
202403 183.207 153.035 196.661
202406 0.000 155.789 0.000
202409 224.480 157.882 233.566
202412 0.000 158.323 0.000
202503 303.171 157.552 316.103
202506 0.000 159.755 0.000
202509 367.063 162.289 371.549
202512 0.000 163.281 0.000
202603 429.061 164.272 429.061

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 31.50 mean?
Shilchar Technologies (NSE:SHILCTECH) has a Cyclically Adjusted PB Ratio of 31.50 as of Jul. 21, 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 Shilchar Technologies and its competitors. This is 30% above median its historical median of 24.16. Over the past decade, Shilchar Technologies' Cyclically Adjusted PB Ratio has ranged from 1.45 to 63.58. According to the industry distribution chart, Shilchar Technologies ranks #2263 out of 2286 companies in the Industrial Products industry, placing it in the top 99%.
Is Shilchar Technologies' Cyclically Adjusted PB Ratio too high?
Shilchar Technologies' current Cyclically Adjusted PB Ratio of 31.50 is 30% above median its 10-year median of 24.16. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 63.58. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.12. Shilchar Technologies' value of 31.50 is 1389.4% above this industry median. Based on the distribution chart, Shilchar Technologies ranks #2263 out of 2286 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shilchar Technologies has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shilchar Technologies' Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shilchar Technologies ranks #2263 out of 2286 companies for Cyclically Adjusted PB Ratio. This places Shilchar Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Shilchar Technologies' value of 31.50 is 1389.4% above this benchmark. Historically, Shilchar Technologies' own Cyclically Adjusted PB Ratio has ranged from 1.45 to 63.58 over the past decade. While the company's 10-year median is 24.16 vs. the industry median of 2.12, Shilchar Technologies has consistently been above 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.12, based on 2,286 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. Shilchar Technologies's current Cyclically Adjusted PB Ratio of 31.50 is 1389.4% above 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 Shilchar Technologies and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shilchar Technologies's current Cyclically Adjusted PB Ratio is 31.50, which is 30% above median its own 10-year median of 24.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shilchar Technologies stock overvalued right now?
Based on GuruFocus' analysis, Shilchar Technologies (NSE:SHILCTECH) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,739.87, compared to a current price of ₹4,488.50 — trading 5.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 31.50, which is 30% above median its 10-year median of 24.16 and 1389.4% above the Industrial Products industry median of 2.12. Shilchar Technologies' overall GF Score™ is 76/100 with 1 warning sign 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 Shilchar Technologies (NSE:SHILCTECH), the current Cyclically Adjusted PB Ratio is 31.50 as of Jul. 21, 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 Shilchar Technologies (NSE:SHILCTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Shilchar Technologies stock appears to be undervalued. The current stock price of ₹4,488.50 is trading 5.3% below its estimated GF Value™ of ₹4,739.87. GuruFocus considers Shilchar Technologies to be Fairly Valued.

Key valuation signals for NSE:SHILCTECH:

  • Cyclically Adjusted PB Ratio: 31.50 (30% above median its 10-year median of 24.16)
  • GF Value™: ₹4,739.87 vs. price of ₹4,488.50 (5.3% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 1389.4% above the Industrial Products median (#2263 of 2286)

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


Shilchar Technologies Business Description

Other Exchanges 531201:India
Address Bil Road, Bil, Vadodara, GJ, IND, 391 410
Shilchar Technologies Ltd manufactures and sells transformers in India. It provides power and distribution transformers; linear transformers, including R core transformers, EI transformers, toroidal transformers, and energy meter CTs; telecom and data transformers; and standard line transformers. The activities of the Company relate to only one segment which is Transformers & Parts. It serves government utilities, private utilities, EPC contractors, and power plant developers and contractors; and pharmaceutical and chemical, oil and gas, engineering, cement, healthcare, food and beverage, glass and automotive, textile and ceramics.. Geographically, the group has a business presence in India and other countries, of which a majority of revenue is derived from India.
76GF Score

Get the complete analysis for NSE:SHILCTECH

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

₹4,488.50
Price
₹4,739.87
GF Value