Siyaram Silk Mills (NSE:SIYSIL) Cyclically Adjusted PB Ratio: (As of Aug. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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:SIYSIL Siyaram Silk Mills Ltd NSE:SIYSIL
88 GF Score
Price ₹567.55
GF Value ₹685.11
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Siyaram Silk Mills Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Siyaram Silk Mills  (NSE:SIYSIL) 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.


Siyaram Silk Mills Cyclically Adjusted PB Ratio Related Terms


Siyaram Silk Mills Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Siyaram Silk Mills'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.

Siyaram Silk Mills Cyclically Adjusted PB Ratio Chart

Siyaram Silk Mills 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 2.73 2.37 2.21 3.01 1.80

Siyaram Silk Mills 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 2.81 0.00 1.80 0.00

Siyaram Silk Mills Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Siyaram Silk Mills'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.


Siyaram Silk Mills Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Siyaram Silk Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Siyaram Silk Mills's Cyclically Adjusted PB Ratio falls into.


NSE:SIYSIL
88GF Score
Siyaram Silk Mills Ltd NSE:SIYSIL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Siyaram Silk Mills 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.

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

For example, Siyaram Silk Mills'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.

Siyaram Silk Mills Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 127.290 105.196 202.507
201706 0.000 107.109 0.000
201709 132.370 109.021 203.199
201712 0.000 109.404 0.000
201803 144.704 109.786 220.585
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 161.063 118.202 228.042
201906 0.000 120.880 0.000
201909 166.606 123.175 226.367
201912 0.000 126.235 0.000
202003 162.593 124.705 218.204
202006 0.000 127.000 0.000
202009 145.097 130.118 186.623
202012 0.000 130.889 0.000
202103 163.636 131.771 207.829
202106 0.000 134.084 0.000
202109 172.908 135.847 213.015
202112 0.000 138.161 0.000
202203 199.271 138.822 240.232
202206 0.000 142.347 0.000
202209 219.759 144.661 254.237
202212 0.000 145.763 0.000
202303 242.563 146.865 276.409
202306 0.000 150.280 0.000
202309 253.732 151.492 280.305
202312 0.000 152.924 0.000
202403 250.614 153.035 274.069
202406 0.000 155.789 0.000
202409 264.180 157.882 280.034
202412 0.000 158.323 0.000
202503 282.810 157.552 300.411
202506 0.000 159.755 0.000
202509 297.881 162.289 307.183
202512 0.000 163.281 0.000
202603 321.822 164.272 327.866
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 Siyaram Silk Mills (NSE:SIYSIL) Overvalued in 2026?

Based on GuruFocus' analysis, Siyaram Silk Mills stock appears to be undervalued. The current stock price of ₹567.55 is trading 17.2% below its estimated GF Value™ of ₹685.11. GuruFocus considers Siyaram Silk Mills to be Modestly Undervalued.

Key valuation signals for NSE:SIYSIL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹685.11 vs. price of ₹567.55 (17.2% below fair value)
  • GF Score™: 88/100 with 2 warning signs

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


Siyaram Silk Mills Business Description

Other Exchanges 503811:India
Address Senapati Bapat Marg, B-5, Trade World, Kamala City, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013
Siyaram Silk Mills Ltd is a manufacturer and marketer of fabrics, readymade garments, and other textile products. It sells its products under the brand name Cadini, Siyaram's, Oxemberg, and others. The company operates a chain of retail outlets across India. A majority of the company's revenue is generated from its business in India and the rest from other regions.
88GF Score

Get the complete analysis for NSE:SIYSIL

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

₹567.55
Price
₹685.11
GF Value