Swan (NSE:SWANCORP) Cyclically Adjusted PB Ratio: 3.48 (As of Jul. 15, 2026) — 41% Below Median

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NSE:SWANCORP Swan Corp Ltd NSE:SWANCORP
68 GF Score
Price ₹315.55
GF Value ₹461.82
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Swan Cyclically Adjusted PB Ratio?

Swan NSE:SWANCORP -2.44% 68 Cyclically Adjusted PB Ratio is 3.48 as of Jul. 15, 2026, which is 41% below its 10-year median of 5.89. GuruFocus rates NSE:SWANCORP with a GF Score™ of 68/100 and a GF Value™ of ₹461.82 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 478 Conglomerates companies, Swan ranks worse than 84.31% on this metric.

As of today (2026-07-15), Swan's current share price is ₹315.55. Swan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹90.59. Swan's Cyclically Adjusted PB Ratio for today is 3.48.

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

NSE:SWANCORP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.43   Med: 5.89   Max: 14.72
Current: 3.53

During the past years, Swan's highest Cyclically Adjusted PB Ratio was 14.72. The lowest was 3.43. And the median was 5.89.

NSE:SWANCORP's Cyclically Adjusted PB Ratio is ranked worse than
84.31% of 478 companies
in the Conglomerates industry
Industry Median: 1.065 vs NSE:SWANCORP: 3.53

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.

Swan's adjusted book value per share data for the three months ended in Mar. 2026 was ₹240.428. 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 ₹90.59 for the trailing ten years ended in Mar. 2026.

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
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 6.59 0.00 5.71 0.00 3.31

NSE:SWANCORP vs HON, MMM: 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
68GF 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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=315.55/90.59
=3.48

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

For example, Swan'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)
=240.428/164.2724*164.2724
=240.428

Current CPI (Mar. 2026) = 164.2724.

Swan Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.000 79.567 0.000
201209 20.559 82.244 41.064
201212 0.000 83.774 0.000
201303 10.575 85.687 20.274
201403 19.478 91.425 34.998
201503 19.458 97.163 32.897
201603 19.534 102.518 31.301
201703 19.502 105.196 30.454
201803 38.153 109.786 57.088
201806 0.000 111.317 0.000
201812 0.000 115.142 0.000
201903 37.815 118.202 52.554
201906 0.000 120.880 0.000
201909 37.791 123.175 50.400
201912 0.000 126.235 0.000
202003 37.453 124.705 49.336
202006 0.000 127.000 0.000
202009 36.917 130.118 46.607
202012 0.000 130.889 0.000
202103 35.793 131.771 44.622
202106 0.000 134.084 0.000
202109 33.739 135.847 40.799
202112 0.000 138.161 0.000
202203 47.186 138.822 55.837
202206 0.000 142.347 0.000
202209 44.863 144.661 50.945
202212 0.000 145.763 0.000
202303 86.530 146.865 96.786
202306 0.000 150.280 0.000
202309 95.755 151.492 103.833
202312 0.000 152.924 0.000
202403 200.311 153.035 215.021
202406 0.000 155.789 0.000
202409 206.277 157.882 214.626
202412 0.000 158.323 0.000
202503 234.250 157.552 244.242
202506 0.000 159.755 0.000
202509 235.971 162.289 238.855
202512 0.000 163.281 0.000
202603 240.428 164.272 240.428

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 3.48 mean?
Swan (NSE:SWANCORP) has a Cyclically Adjusted PB Ratio of 3.48 as of Jul. 15, 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 Swan and its competitors. This is 41% below median its historical median of 5.89. Over the past decade, Swan's Cyclically Adjusted PB Ratio has ranged from 3.43 to 14.72. According to the industry distribution chart, Swan ranks #403 out of 478 companies in the Conglomerates industry, placing it in the top 84.3%.
Is Swan's Cyclically Adjusted PB Ratio too high?
Swan's current Cyclically Adjusted PB Ratio of 3.48 is 41% below median its 10-year median of 5.89. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 14.72. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.07. Swan's value of 3.48 is 226.8% above this industry median. Based on the distribution chart, Swan ranks #403 out of 478 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Swan has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Swan's Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Swan ranks #403 out of 478 companies for Cyclically Adjusted PB Ratio. This places Swan in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.07. Swan's value of 3.48 is 226.8% above this benchmark. Historically, Swan's own Cyclically Adjusted PB Ratio has ranged from 3.43 to 14.72 over the past decade. While the company's 10-year median is 5.89 vs. the industry median of 1.07, Swan 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 a Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.07, based on 478 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. Swan's current Cyclically Adjusted PB Ratio of 3.48 is 226.8% 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 Swan and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swan's current Cyclically Adjusted PB Ratio is 3.48, which is 41% below median its own 10-year median of 5.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swan stock overvalued right now?
Based on GuruFocus' analysis, Swan (NSE:SWANCORP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹461.82, compared to a current price of ₹315.55 — trading 31.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.48, which is 41% below median its 10-year median of 5.89 and 226.8% above the Conglomerates industry median of 1.07. Swan's overall GF Score™ is 68/100 with 6 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 Swan (NSE:SWANCORP), the current Cyclically Adjusted PB Ratio is 3.48 as of Jul. 15, 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 Swan (NSE:SWANCORP) Overvalued in 2026?

Based on GuruFocus' analysis, Swan stock appears to be undervalued. The current stock price of ₹315.55 is trading 31.7% below its estimated GF Value™ of ₹461.82. GuruFocus considers Swan to be Possible Value Trap.

Key valuation signals for NSE:SWANCORP:

  • Cyclically Adjusted PB Ratio: 3.48 (41% below median its 10-year median of 5.89)
  • GF Value™: ₹461.82 vs. price of ₹315.55 (31.7% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 226.8% above the Conglomerates median (#403 of 478)

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.
68GF 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.

₹315.55
Price
₹461.82
GF Value