Swan (NSE:SWANCORP) Cyclically Adjusted PB Ratio: (As of Aug. 17, 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.
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:SWANCORP Swan Corp Ltd NSE:SWANCORP
69 GF Score
Price ₹304.60
GF Value ₹390.23
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Swan Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Swan  (NSE:SWANCORP) 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.


Swan Cyclically Adjusted PB Ratio Related Terms


Swan Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Swan'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.

Swan Cyclically Adjusted PB Ratio Chart

Swan 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 6.59 3.31

Swan 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 5.71 0.00 3.31 0.00

NSE:SWANCORP vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Swan'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.


Swan Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Swan's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:SWANCORP
69GF Score
Swan Corp Ltd NSE:SWANCORP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swan 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.

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

For example, Swan'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.

Swan Quarterly Data

Book Value per Share CPI Adj_Book
201209 20.559 82.244 41.835
201212 0.000 83.774 0.000
201303 10.575 85.687 20.654
201403 19.478 91.425 35.655
201503 19.458 97.163 33.515
201603 19.534 102.518 31.889
201703 19.502 105.196 31.026
201803 38.153 109.786 58.160
201806 0.000 111.317 0.000
201812 0.000 115.142 0.000
201903 37.815 118.202 53.541
201906 0.000 120.880 0.000
201909 37.791 123.175 51.346
201912 0.000 126.235 0.000
202003 37.453 124.705 50.263
202006 0.000 127.000 0.000
202009 36.917 130.118 47.483
202012 0.000 130.889 0.000
202103 35.793 131.771 45.459
202106 0.000 134.084 0.000
202109 33.739 135.847 41.565
202112 0.000 138.161 0.000
202203 47.186 138.822 56.885
202206 0.000 142.347 0.000
202209 44.863 144.661 51.902
202212 0.000 145.763 0.000
202303 86.530 146.865 98.604
202306 0.000 150.280 0.000
202309 95.755 151.492 105.783
202312 0.000 152.924 0.000
202403 200.311 153.035 219.059
202406 0.000 155.789 0.000
202409 206.277 157.882 218.656
202412 0.000 158.323 0.000
202503 234.250 157.552 248.829
202506 0.000 159.755 0.000
202509 235.971 162.289 243.340
202512 0.000 163.281 0.000
202603 240.428 164.272 244.943
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 Swan (NSE:SWANCORP) Overvalued in 2026?

Based on GuruFocus' analysis, Swan stock appears to be undervalued. The current stock price of ₹304.60 is trading 21.9% below its estimated GF Value™ of ₹390.23. GuruFocus considers Swan to be Modestly Undervalued.

Key valuation signals for NSE:SWANCORP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹390.23 vs. price of ₹304.60 (21.9% below fair value)
  • GF Score™: 69/100 with 7 warning signs

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


Swan Business Description

Other Exchanges 503310:India
Address 10, J. N. Heredia Marg, 6, Feltham House, 2nd Floor, Ballard Estate, Mumbai, MH, IND, 400001
Swan Corp Ltd Formerly Swan Energy Ltd is an Indian-based holding company engaged in various business segments which include; Textiles, Energy, Construction/others, Distribution & Development, Warehousing, Manufacturing, and Power generation. It generates maximum revenue from the Distribution & Development segment. Geographically, the group generates revenue from Domestic and Overseas markets, with the majority of it being generated from the Overseas market.
69GF Score

Get the complete analysis for NSE:SWANCORP

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

₹304.60
Price
₹390.23
GF Value