Sterling Tools (NSE:STERTOOLS) Cyclically Adjusted PB Ratio: 2.20 (As of Aug. 08, 2026) — 39% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:STERTOOLS Sterling Tools Ltd NSE:STERTOOLS
84 GF Score
Price ₹244.15
GF Value ₹335.74
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Sterling Tools Cyclically Adjusted PB Ratio?

Sterling Tools NSE:STERTOOLS -1.95% 84 Cyclically Adjusted PB Ratio is 2.20 as of Aug. 08, 2026, which is 39% below its 10-year median of 3.58. GuruFocus rates NSE:STERTOOLS with a GF Score™ of 84/100 and a GF Value™ of ₹335.74 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,252 Industrial Products companies, Sterling Tools ranks worse than 52.8% on this metric.

As of today (2026-08-08), Sterling Tools's current share price is ₹244.15. Sterling Tools's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹111.21. Sterling Tools's Cyclically Adjusted PB Ratio for today is 2.20.

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

NSE:STERTOOLS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.82   Med: 3.58   Max: 7.48
Current: 2.25

During the past years, Sterling Tools's highest Cyclically Adjusted PB Ratio was 7.48. The lowest was 1.82. And the median was 3.58.

NSE:STERTOOLS's Cyclically Adjusted PB Ratio is ranked worse than
52.8% of 2252 companies
in the Industrial Products industry
Industry Median: 2.07 vs NSE:STERTOOLS: 2.25

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.

Sterling Tools's adjusted book value per share data for the three months ended in Mar. 2026 was ₹144.797. 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 ₹111.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sterling Tools  (NSE:STERTOOLS) 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.


Sterling Tools Cyclically Adjusted PB Ratio Related Terms


Sterling Tools Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sterling Tools'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.

Sterling Tools Cyclically Adjusted PB Ratio Chart

Sterling Tools 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 2.11 5.18 3.57 3.15 1.45

Sterling Tools 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 3.15 0.00 2.97 0.00 1.45

NSE:STERTOOLS vs SNA, RBC, SWK: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Sterling Tools'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.


Sterling Tools Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


NSE:STERTOOLS
84GF Score
Sterling Tools Ltd NSE:STERTOOLS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sterling Tools 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.

Sterling Tools's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=244.15/111.21
=2.20

* 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.

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

For example, Sterling Tools'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)
=144.797/164.2724*164.2724
=144.797

Current CPI (Mar. 2026) = 164.2724.

Sterling Tools Quarterly Data

Book Value per Share CPI Adj_Book
201503 34.278 97.163 57.953
201506 0.000 99.841 0.000
201509 37.255 101.753 60.145
201512 0.000 102.901 0.000
201603 37.714 102.518 60.432
201606 0.000 105.961 0.000
201703 46.706 105.196 72.935
201803 67.752 109.786 101.377
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 77.864 118.202 108.212
201906 0.000 120.880 0.000
201909 79.796 123.175 106.420
201912 0.000 126.235 0.000
202003 85.071 124.705 112.063
202006 0.000 127.000 0.000
202009 85.498 130.118 107.940
202012 0.000 130.889 0.000
202103 92.014 131.771 114.710
202106 0.000 134.084 0.000
202109 94.732 135.847 114.554
202112 0.000 138.161 0.000
202203 98.763 138.822 116.870
202206 0.000 142.347 0.000
202209 105.159 144.661 119.415
202212 0.000 145.763 0.000
202303 111.156 146.865 124.331
202306 0.000 150.280 0.000
202309 116.243 151.492 126.050
202312 0.000 152.924 0.000
202403 124.114 153.035 133.228
202406 0.000 155.789 0.000
202409 133.246 157.882 138.639
202412 0.000 158.323 0.000
202503 138.093 157.552 143.984
202506 0.000 159.755 0.000
202509 146.160 162.289 147.946
202512 0.000 163.281 0.000
202603 144.797 164.272 144.797

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 2.20 mean?
Sterling Tools (NSE:STERTOOLS) has a Cyclically Adjusted PB Ratio of 2.20 as of Aug. 08, 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 Sterling Tools and its competitors. This is 39% below median its historical median of 3.58. Over the past decade, Sterling Tools' Cyclically Adjusted PB Ratio has ranged from 1.82 to 7.48. According to the industry distribution chart, Sterling Tools ranks #1189 out of 2252 companies in the Industrial Products industry, placing it in the top 52.8%.
Is Sterling Tools' Cyclically Adjusted PB Ratio too high?
Sterling Tools' current Cyclically Adjusted PB Ratio of 2.20 is 39% below median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 7.48. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Sterling Tools' value of 2.20 is 6.3% above this industry median. Based on the distribution chart, Sterling Tools ranks #1189 out of 2252 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Sterling Tools has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sterling Tools' Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Sterling Tools ranks #1189 out of 2252 companies for Cyclically Adjusted PB Ratio. This places Sterling Tools in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Sterling Tools' value of 2.20 is 6.3% above this benchmark. Historically, Sterling Tools' own Cyclically Adjusted PB Ratio has ranged from 1.82 to 7.48 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 2.07, Sterling Tools 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.07, based on 2,252 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. Sterling Tools's current Cyclically Adjusted PB Ratio of 2.20 is 6.3% 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 Sterling Tools and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sterling Tools's current Cyclically Adjusted PB Ratio is 2.20, which is 39% below median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sterling Tools stock overvalued right now?
Based on GuruFocus' analysis, Sterling Tools (NSE:STERTOOLS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹335.74, compared to a current price of ₹244.15 — trading 27.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.20, which is 39% below median its 10-year median of 3.58 and 6.3% above the Industrial Products industry median of 2.07. Sterling Tools' overall GF Score™ is 84/100 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 Sterling Tools (NSE:STERTOOLS), the current Cyclically Adjusted PB Ratio is 2.20 as of Aug. 08, 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 Sterling Tools (NSE:STERTOOLS) Overvalued in 2026?

Based on GuruFocus' analysis, Sterling Tools stock appears to be undervalued. The current stock price of ₹244.15 is trading 27.3% below its estimated GF Value™ of ₹335.74. GuruFocus considers Sterling Tools to be Modestly Undervalued.

Key valuation signals for NSE:STERTOOLS:

  • Cyclically Adjusted PB Ratio: 2.20 (39% below median its 10-year median of 3.58)
  • GF Value™: ₹335.74 vs. price of ₹244.15 (27.3% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 6.3% above the Industrial Products median (#1189 of 2252)

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


Sterling Tools Business Description

Other Exchanges 530759:India
Address Plot No. 4, DLF Industrial Estate, Faridabad, HR, IND, 121 003
Sterling Tools Ltd engages in the manufacture and trade of high tensile cold forged fasteners. The firm offers its products in various categories namely Standard Fasteners, Special Fasteners, Chassis Fasteners, and Engine Fasteners. Its products include bolts, nuts, screws, washers of iron and steel, and cold-forged high-tensile fasteners for automobiles, general engineering, consumer durables, railways, and the auto replacement industry. The company has Automotive components as the only operating segment Geographically, the majority of the revenue comes from India.
84GF Score

Get the complete analysis for NSE:STERTOOLS

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

₹244.15
Price
₹335.74
GF Value