Shilp Gravures (NSE:SHILGRAVQ) Cyclically Adjusted PB Ratio: (As of Aug. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:SHILGRAVQ Shilp Gravures Ltd NSE:SHILGRAVQ
64 GF Score
Price ₹169.49
GF Value ₹202.88
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Shilp Gravures Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shilp Gravures  (NSE:SHILGRAVQ) 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.


Shilp Gravures Cyclically Adjusted PB Ratio Related Terms


Shilp Gravures Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shilp Gravures'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.

Shilp Gravures Cyclically Adjusted PB Ratio Chart

Shilp Gravures 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 1.01 1.63 0.88

Shilp Gravures 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 1.79 0.00 0.88 0.00

NSE:SHILGRAVQ vs : Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Shilp Gravures'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.


Shilp Gravures Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


NSE:SHILGRAVQ
64GF Score
Shilp Gravures Ltd NSE:SHILGRAVQ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shilp Gravures 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.

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

For example, Shilp Gravures'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)
=0/333.9520*333.9520
=0.000

Current CPI (Jun. 2026) = 333.9520.

Shilp Gravures Quarterly Data

Book Value per Share CPI Adj_Book
201603 77.511 238.132 108.700
201612 0.000 241.432 0.000
201703 87.464 243.801 119.806
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 0.000 246.524 0.000
201803 97.041 249.554 129.860
201806 0.000 251.989 0.000
201809 102.587 252.439 135.713
201812 0.000 251.233 0.000
201903 104.545 254.202 137.344
201906 0.000 256.143 0.000
201909 104.678 256.759 136.149
201912 0.000 256.974 0.000
202003 102.227 258.115 132.262
202006 0.000 257.797 0.000
202009 109.578 260.280 140.594
202012 0.000 260.474 0.000
202103 119.033 264.877 150.075
202106 0.000 271.696 0.000
202109 125.701 274.310 153.032
202112 0.000 278.802 0.000
202203 130.322 287.504 151.376
202206 0.000 296.311 0.000
202209 136.382 296.808 153.450
202212 0.000 296.797 0.000
202303 141.306 301.836 156.341
202306 0.000 305.109 0.000
202309 150.898 307.789 163.725
202312 0.000 306.746 0.000
202403 157.650 312.332 168.563
202406 0.000 314.175 0.000
202409 165.893 315.301 175.706
202412 0.000 315.605 0.000
202503 161.173 319.799 168.306
202506 0.000 322.561 0.000
202509 167.927 324.800 172.659
202512 0.000 324.054 0.000
202603 170.626 330.213 172.558
202606 0.000 333.952 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 Shilp Gravures (NSE:SHILGRAVQ) Overvalued in 2026?

Based on GuruFocus' analysis, Shilp Gravures stock appears to be undervalued. The current stock price of ₹169.49 is trading 16.5% below its estimated GF Value™ of ₹202.88. GuruFocus considers Shilp Gravures to be Modestly Undervalued.

Key valuation signals for NSE:SHILGRAVQ:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹202.88 vs. price of ₹169.49 (16.5% below fair value)
  • GF Score™: 64/100 with 2 warning signs

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


Shilp Gravures Business Description

Comparable Companies
Other Exchanges 513709:India
Address Maple Trade Center, 7th Floor, 715 to 717, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380058
Shilp Gravures Ltd is an India-based company, which offers engraved copper rollers and printing plates. It serves various sections of the gravure industry, such as flexible packaging, Anilox rollers, polyvinyl chloride (PVC) flooring, artificial leather, gift wrapper, security printing, and transfer printing. The company's segments includes manufacture of engraved copper rollers and energy generation through wind mill. The Engraved Copper Roller segment derives the majority revenue engaged in the manufacture of engraved copper rollers. The Wind Mill segment is engaged in energy generation through the windmill.
64GF Score

Get the complete analysis for NSE:SHILGRAVQ

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

₹169.49
Price
₹202.88
GF Value