Steel City Securities (NSE:STEELCITY) Cyclically Adjusted PB Ratio: 1.03 (As of Aug. 12, 2026) — Near Median

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NSE:STEELCITY Steel City Securities Ltd NSE:STEELCITY
82 GF Score
Price ₹79.42
GF Value ₹93.92
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Steel City Securities Cyclically Adjusted PB Ratio?

Steel City Securities NSE:STEELCITY -2.30% 82 Cyclically Adjusted PB Ratio is 1.03 as of Aug. 12, 2026, which is 1% above its 10-year median of 1.02. GuruFocus rates NSE:STEELCITY with a GF Score™ of 82/100 and a GF Value™ of ₹93.92 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 607 Capital Markets companies, Steel City Securities ranks better than 55.85% on this metric.

As of today (2026-08-12), Steel City Securities's current share price is ₹79.42. Steel City Securities's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹76.96. Steel City Securities's Cyclically Adjusted PB Ratio for today is 1.03.

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

NSE:STEELCITY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.02   Max: 1.11
Current: 1.1

During the past years, Steel City Securities's highest Cyclically Adjusted PB Ratio was 1.11. The lowest was 0.97. And the median was 1.02.

NSE:STEELCITY's Cyclically Adjusted PB Ratio is ranked better than
55.85% of 607 companies
in the Capital Markets industry
Industry Median: 1.27 vs NSE:STEELCITY: 1.10

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.

Steel City Securities's adjusted book value per share data for the three months ended in Mar. 2026 was ₹91.346. 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 ₹76.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steel City Securities  (NSE:STEELCITY) 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 City Securities Cyclically Adjusted PB Ratio Related Terms


Steel City Securities Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Steel City Securities'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 City Securities Cyclically Adjusted PB Ratio Chart

Steel City Securities 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 0.00 0.00 0.94

Steel City Securities 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 0.00 0.00 0.00 0.00 0.94

NSE:STEELCITY vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Steel City Securities'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 City Securities Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Steel City Securities's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:STEELCITY
82GF Score
Steel City Securities Ltd NSE:STEELCITY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steel City Securities 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 City Securities's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=79.42/76.96
=1.03

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

For example, Steel City Securities'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)
=91.346/164.2724*164.2724
=91.346

Current CPI (Mar. 2026) = 164.2724.

Steel City Securities Quarterly Data

Book Value per Share CPI Adj_Book
201303 33.808 85.687 64.814
201403 35.227 91.425 63.296
201503 36.567 97.163 61.823
201603 38.261 102.518 61.308
201609 40.294 105.961 62.468
201703 47.997 105.196 74.951
201709 51.019 109.021 76.875
201803 51.757 109.786 77.444
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 55.965 118.202 77.778
201906 56.337 120.880 76.560
201909 57.144 123.175 76.210
201912 0.000 126.235 0.000
202003 58.242 124.705 76.721
202006 0.000 127.000 0.000
202009 61.471 130.118 77.606
202012 62.136 130.889 77.984
202103 63.242 131.771 78.841
202106 0.000 134.084 0.000
202109 66.541 135.847 80.464
202112 0.000 138.161 0.000
202203 69.389 138.822 82.110
202206 0.000 142.347 0.000
202209 72.007 144.661 81.769
202212 0.000 145.763 0.000
202303 73.837 146.865 82.589
202306 0.000 150.280 0.000
202309 65.298 151.492 70.807
202312 0.000 152.924 0.000
202403 78.355 153.035 84.109
202406 0.000 155.789 0.000
202409 83.658 157.882 87.044
202412 0.000 158.323 0.000
202503 85.771 157.552 89.430
202506 0.000 159.755 0.000
202509 88.522 162.289 89.604
202512 0.000 163.281 0.000
202603 91.346 164.272 91.346

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 1.03 mean?
Steel City Securities (NSE:STEELCITY) has a Cyclically Adjusted PB Ratio of 1.03 as of Aug. 12, 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 Steel City Securities and its competitors. This is near median its historical median of 1.02. Over the past decade, Steel City Securities' Cyclically Adjusted PB Ratio has ranged from 0.97 to 1.11. According to the industry distribution chart, Steel City Securities ranks #268 out of 607 companies in the Capital Markets industry, placing it in the top 44.2%.
Is Steel City Securities' Cyclically Adjusted PB Ratio too high?
Steel City Securities' current Cyclically Adjusted PB Ratio of 1.03 is near median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 1.11. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.27. Steel City Securities' value of 1.03 is 18.9% below this industry median. Based on the distribution chart, Steel City Securities ranks #268 out of 607 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Steel City Securities has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steel City Securities' Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Steel City Securities ranks #268 out of 607 companies for Cyclically Adjusted PB Ratio. This puts Steel City Securities in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Steel City Securities' value of 1.03 is 18.9% below this benchmark. Historically, Steel City Securities' own Cyclically Adjusted PB Ratio has ranged from 0.97 to 1.11 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.27, Steel City Securities has consistently been below 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.27, based on 607 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. Steel City Securities's current Cyclically Adjusted PB Ratio of 1.03 is 18.9% below 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 Steel City Securities and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel City Securities's current Cyclically Adjusted PB Ratio is 1.03, which is near median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel City Securities stock overvalued right now?
Based on GuruFocus' analysis, Steel City Securities (NSE:STEELCITY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹93.92, compared to a current price of ₹79.42 — trading 15.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.03, which is near median its 10-year median of 1.02 and 18.9% below the Capital Markets industry median of 1.27. Steel City Securities' overall GF Score™ is 82/100 with 4 warning signs 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 Steel City Securities (NSE:STEELCITY), the current Cyclically Adjusted PB Ratio is 1.03 as of Aug. 12, 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 Steel City Securities (NSE:STEELCITY) Overvalued in 2026?

Based on GuruFocus' analysis, Steel City Securities stock appears to be undervalued. The current stock price of ₹79.42 is trading 15.4% below its estimated GF Value™ of ₹93.92. GuruFocus considers Steel City Securities to be Modestly Undervalued.

Key valuation signals for NSE:STEELCITY:

  • Cyclically Adjusted PB Ratio: 1.03 (near median its 10-year median of 1.02)
  • GF Value™: ₹93.92 vs. price of ₹79.42 (15.4% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 18.9% below the Capital Markets median (#268 of 607)

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


Steel City Securities Business Description

Address 50-81-18, Seethammapeta Main Road, Steel City Heights, Visakhapatnam, AP, IND, 530016
Steel City Securities Ltd is engaged in the business of retail broking (securities and commodity broking), DP Services, E-Governance, Services of EA of UIDAI, Corporate insurance agents, and marketing support services. The operating segment of the company are Stock Broking and DP Operations; and E-Governance Operations. It generates maximum revenue from the Stockbroking and DP Operations.
82GF Score

Get the complete analysis for NSE:STEELCITY

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

₹79.42
Price
₹93.92
GF Value