Sterlite Technologies (NSE:STLTECH) Cyclically Adjusted PB Ratio: (As of Jul. 31, 2026)

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.
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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:STLTECH Sterlite Technologies Ltd NSE:STLTECH
59 GF Score
Price ₹530.55
GF Value ₹138.83
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Sterlite Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sterlite Technologies  (NSE:STLTECH) 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.


Sterlite Technologies Cyclically Adjusted PB Ratio Related Terms


Sterlite Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sterlite Technologies'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.

Sterlite Technologies Cyclically Adjusted PB Ratio Chart

Sterlite Technologies 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 3.87 2.41 1.78 1.23 3.41

Sterlite Technologies 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 2.25 0.00 3.41 0.00

NSE:STLTECH vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Sterlite Technologies'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.


Sterlite Technologies Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Sterlite Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:STLTECH
59GF Score
Sterlite Technologies Ltd NSE:STLTECH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sterlite Technologies 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.

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

For example, Sterlite Technologies'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.

Sterlite Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201609 19.802 105.961 31.049
201612 0.000 105.196 0.000
201703 22.097 105.196 34.900
201706 0.000 107.109 0.000
201709 24.404 109.021 37.191
201712 0.000 109.404 0.000
201803 29.310 109.786 44.356
201806 0.000 111.317 0.000
201809 32.335 115.142 46.658
201812 0.000 115.142 0.000
201903 42.711 118.202 60.035
201906 0.000 120.880 0.000
201909 44.409 123.175 59.901
201912 0.000 126.235 0.000
202003 47.524 124.705 63.317
202006 0.000 127.000 0.000
202009 44.397 130.118 56.690
202012 0.000 130.889 0.000
202103 50.107 131.771 63.178
202106 0.000 134.084 0.000
202109 52.235 135.847 63.885
202112 0.000 138.161 0.000
202203 49.151 138.822 58.825
202206 0.000 142.347 0.000
202209 49.122 144.661 56.417
202212 0.000 145.763 0.000
202303 52.472 146.865 59.361
202306 0.000 150.280 0.000
202309 53.533 151.492 58.711
202312 0.000 152.924 0.000
202403 50.687 153.035 55.029
202406 0.000 155.789 0.000
202409 60.236 157.882 63.389
202412 0.000 158.323 0.000
202503 40.765 157.552 42.989
202506 0.000 159.755 0.000
202509 42.090 162.289 43.090
202512 0.000 163.281 0.000
202603 46.463 164.272 46.993
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 Sterlite Technologies (NSE:STLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Sterlite Technologies stock appears to be overvalued. The current stock price of ₹530.55 is trading 282.2% above its estimated GF Value™ of ₹138.83. GuruFocus considers Sterlite Technologies to be Significantly Overvalued.

Key valuation signals for NSE:STLTECH:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹138.83 vs. price of ₹530.55 (282.2% above fair value)
  • GF Score™: 59/100 with 3 warning signs

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


Sterlite Technologies Business Description

Other Exchanges 532374:India
Address Koregaon Road 9, STS 12/1, 4th Floor, Godrej Millennium, Pune, MH, IND, 411 001
Sterlite Technologies Ltd is an Indian-based company engaged in the business of Connectivity and Network Solutions. Its products and solutions mainly include integrated optical fiber, copper telecom cables, structured data cables, access equipment, fiber connectivity and system integration solution offerings for telecom networks, OSS/ BSS solutions, billing and bandwidth management solutions for organizations, and others. Its segments include Optical networking business (ONB), Global service business (GSB) and Digital and technology solutions (Digital). The company offers its services within India and in the International market. It earns majority of the revenue from Optical networking business segment.
59GF Score

Get the complete analysis for NSE:STLTECH

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

₹530.55
Price
₹138.83
GF Value