Steel Strips Wheels (NSE:SSWL) Cyclically Adjusted PB Ratio: (As of Aug. 02, 2026)

Author: Vera Yuan Vera Yuan
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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:SSWL Steel Strips Wheels Ltd NSE:SSWL
85 GF Score
Price ₹310.36
GF Value ₹270.48
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Steel Strips Wheels Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Steel Strips Wheels  (NSE:SSWL) 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.


Steel Strips Wheels Cyclically Adjusted PB Ratio Related Terms


Steel Strips Wheels Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels Cyclically Adjusted PB Ratio Chart

Steel Strips Wheels 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 3.47 2.93 3.87 2.75 2.30

Steel Strips Wheels 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 3.22 0.00 2.30 0.00

NSE:SSWL vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Steel Strips Wheels'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.


Steel Strips Wheels Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Steel Strips Wheels's Cyclically Adjusted PB Ratio falls into.


NSE:SSWL
85GF Score
Steel Strips Wheels Ltd NSE:SSWL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steel Strips Wheels 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.

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

For example, Steel Strips Wheels'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)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

Steel Strips Wheels Quarterly Data

Book Value per Share CPI Adj_Book
201609 32.815 105.961 51.453
201612 0.000 105.196 0.000
201703 32.962 105.196 52.060
201706 0.000 107.109 0.000
201709 37.840 109.021 57.667
201712 0.000 109.404 0.000
201803 37.559 109.786 56.840
201806 0.000 111.317 0.000
201809 41.666 115.142 60.122
201812 0.000 115.142 0.000
201903 43.727 118.202 61.463
201906 0.000 120.880 0.000
201909 45.204 123.175 60.974
201912 0.000 126.235 0.000
202003 44.770 124.705 59.647
202006 0.000 127.000 0.000
202009 43.206 130.118 55.169
202012 0.000 130.889 0.000
202103 48.003 131.771 60.526
202106 0.000 134.084 0.000
202109 55.141 135.847 67.439
202112 0.000 138.161 0.000
202203 60.978 138.822 72.980
202206 0.000 142.347 0.000
202209 66.696 144.661 76.601
202212 0.000 145.763 0.000
202303 72.500 146.865 82.018
202306 0.000 150.280 0.000
202309 78.144 151.492 85.703
202312 0.000 152.924 0.000
202403 91.904 153.035 99.778
202406 0.000 155.789 0.000
202409 97.535 157.882 102.640
202412 0.000 158.323 0.000
202503 103.593 157.552 109.244
202506 0.000 159.755 0.000
202509 108.881 162.289 111.468
202512 0.000 163.281 0.000
202603 114.825 164.272 116.134
202606 0.000 166.145 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 Steel Strips Wheels (NSE:SSWL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be overvalued. The current stock price of ₹310.36 is trading 14.7% above its estimated GF Value™ of ₹270.48. GuruFocus considers Steel Strips Wheels to be Modestly Overvalued.

Key valuation signals for NSE:SSWL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹270.48 vs. price of ₹310.36 (14.7% above fair value)
  • GF Score™: 85/100 with 8 warning signs

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


Steel Strips Wheels Business Description

Other Exchanges 513262:India
Address Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
85GF Score

Get the complete analysis for NSE:SSWL

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

₹310.36
Price
₹270.48
GF Value