Silgo Retail (NSE:SILGO) Cyclically Adjusted PB Ratio: 3.99 (As of Aug. 19, 2026) — 45% Above Median

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NSE:SILGO Silgo Retail Ltd NSE:SILGO
55 GF Score
Price ₹69.14
GF Value ₹28.51
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Silgo Retail Cyclically Adjusted PB Ratio?

Silgo Retail NSE:SILGO +0.51% 55 Cyclically Adjusted PB Ratio is 3.99 as of Aug. 19, 2026, which is 45% above its 10-year median of 2.76. GuruFocus rates NSE:SILGO with a GF Score™ of 55/100 and a GF Value™ of ₹28.51 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 788 Retail - Cyclical companies, Silgo Retail ranks worse than 84.52% on this metric.

As of today (2026-08-19), Silgo Retail's current share price is ₹69.14. Silgo Retail's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 was ₹17.35. Silgo Retail's Cyclically Adjusted PB Ratio for today is 3.99.

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

NSE:SILGO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.46   Med: 2.76   Max: 4.02
Current: 4.02

During the past 10 years, Silgo Retail's highest Cyclically Adjusted PB Ratio was 4.02. The lowest was 2.46. And the median was 2.76.

NSE:SILGO's Cyclically Adjusted PB Ratio is ranked worse than
84.52% of 788 companies
in the Retail - Cyclical industry
Industry Median: 1.205 vs NSE:SILGO: 4.02

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.

Silgo Retail's adjusted book value per share data of for the fiscal year that ended in Mar25 was ₹29.711. 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 ₹17.35 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silgo Retail  (NSE:SILGO) 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.


Silgo Retail Cyclically Adjusted PB Ratio Related Terms


Silgo Retail Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Silgo Retail'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.

Silgo Retail Cyclically Adjusted PB Ratio Chart

Silgo Retail Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.44

Silgo Retail Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.00 2.44 0.00 0.00

NSE:SILGO vs TPR: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Silgo Retail'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.


Silgo Retail Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Silgo Retail's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:SILGO
55GF Score
Silgo Retail Ltd NSE:SILGO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Silgo Retail 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.

Silgo Retail's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=69.14/17.35
=3.99

* 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.

Silgo Retail's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Silgo Retail's adjusted Book Value per Share data for the fiscal year that ended in Mar25 was:

Adj_Book=Book Value per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=29.711/157.5517*157.5517
=29.711

Current CPI (Mar25) = 157.5517.

Silgo Retail Annual Data

Book Value per Share CPI Adj_Book
201603 0.013 102.518 0.020
201703 0.244 105.196 0.365
201803 1.450 109.786 2.081
201903 11.856 118.202 15.803
202003 17.101 124.705 21.605
202103 20.448 131.771 24.449
202203 22.286 138.822 25.293
202303 24.123 146.865 25.878
202403 27.494 153.035 28.306
202503 29.711 157.552 29.711

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 3.99 mean?
Silgo Retail (NSE:SILGO) has a Cyclically Adjusted PB Ratio of 3.99 as of Aug. 19, 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 Silgo Retail and its competitors. This is 45% above median its historical median of 2.76. Over the past decade, Silgo Retail's Cyclically Adjusted PB Ratio has ranged from 2.46 to 4.02. According to the industry distribution chart, Silgo Retail ranks #666 out of 788 companies in the Retail - Cyclical industry, placing it in the top 84.5%.
Is Silgo Retail's Cyclically Adjusted PB Ratio too high?
Silgo Retail's current Cyclically Adjusted PB Ratio of 3.99 is 45% above median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 4.02. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.21. Silgo Retail's value of 3.99 is 231.1% above this industry median. Based on the distribution chart, Silgo Retail ranks #666 out of 788 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Silgo Retail has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Silgo Retail's Cyclically Adjusted PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Silgo Retail ranks #666 out of 788 companies for Cyclically Adjusted PB Ratio. This places Silgo Retail in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Silgo Retail's value of 3.99 is 231.1% above this benchmark. Historically, Silgo Retail's own Cyclically Adjusted PB Ratio has ranged from 2.46 to 4.02 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 1.21, Silgo Retail 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 a Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.21, based on 788 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. Silgo Retail's current Cyclically Adjusted PB Ratio of 3.99 is 231.1% 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 Silgo Retail and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silgo Retail's current Cyclically Adjusted PB Ratio is 3.99, which is 45% above median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silgo Retail stock overvalued right now?
Based on GuruFocus' analysis, Silgo Retail (NSE:SILGO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹28.51, compared to a current price of ₹69.14 — trading 142.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.99, which is 45% above median its 10-year median of 2.76 and 231.1% above the Retail - Cyclical industry median of 1.21. Silgo Retail's overall GF Score™ is 55/100 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 Silgo Retail (NSE:SILGO), the current Cyclically Adjusted PB Ratio is 3.99 as of Aug. 19, 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 Silgo Retail (NSE:SILGO) Overvalued in 2026?

Based on GuruFocus' analysis, Silgo Retail stock appears to be overvalued. The current stock price of ₹69.14 is trading 142.5% above its estimated GF Value™ of ₹28.51. GuruFocus considers Silgo Retail to be Significantly Overvalued.

Key valuation signals for NSE:SILGO:

  • Cyclically Adjusted PB Ratio: 3.99 (45% above median its 10-year median of 2.76)
  • GF Value™: ₹28.51 vs. price of ₹69.14 (142.5% above fair value)
  • GF Score™: 55/100 with 1 warning sign
  • Industry Position: 231.1% above the Retail - Cyclical median (#666 of 788)

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


Silgo Retail Business Description

Address Jawaharlal Nehru Marg, B-11, Mahalaxmi Nagar, Jaipur, RJ, IND, 302017
Silgo Retail Ltd is an Indian company specializing in the trade, manufacturing, and selling of silver jewelry and precious stones. The company's product portfolio includes a wide variety of hallmarked silver jewelry, ensuring quality and authenticity. Its offerings encompass various items such as rings, earrings, pendants, bracelets, necklaces, and bangles. With a focus on craftsmanship and certified products, Silgo Retail Ltd aims to cater to domestic and international markets, positioning itself as a key player in silver jewelry.
55GF Score

Get the complete analysis for NSE:SILGO

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

₹69.14
Price
₹28.51
GF Value