Thomas Scott (India) (NSE:THOMASCOTT) Cyclically Adjusted PB Ratio: 8.48 (As of Aug. 10, 2026) — 28% Above Median

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NSE:THOMASCOTT Thomas Scott (India) Ltd NSE:THOMASCOTT
87 GF Score
Price ₹315.15
GF Value ₹370.92
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Thomas Scott (India) Cyclically Adjusted PB Ratio?

Thomas Scott (India) NSE:THOMASCOTT +1.50% 87 Cyclically Adjusted PB Ratio is 8.48 as of Aug. 10, 2026, which is 28% above its 10-year median of 6.62. GuruFocus rates NSE:THOMASCOTT with a GF Score™ of 87/100 and a GF Value™ of ₹370.92 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 842 Manufacturing - Apparel & Accessories companies, Thomas Scott (India) ranks worse than 96.2% on this metric.

As of today (2026-08-10), Thomas Scott (India)'s current share price is ₹315.15. Thomas Scott (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹37.18. Thomas Scott (India)'s Cyclically Adjusted PB Ratio for today is 8.48.

The historical rank and industry rank for Thomas Scott (India)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:THOMASCOTT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 6.62   Max: 16.93
Current: 8.53

During the past years, Thomas Scott (India)'s highest Cyclically Adjusted PB Ratio was 16.93. The lowest was 0.12. And the median was 6.62.

NSE:THOMASCOTT's Cyclically Adjusted PB Ratio is ranked worse than
96.2% of 842 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.985 vs NSE:THOMASCOTT: 8.53

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.

Thomas Scott (India)'s adjusted book value per share data for the three months ended in Mar. 2026 was ₹93.597. 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 ₹37.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thomas Scott (India)  (NSE:THOMASCOTT) 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.


Thomas Scott (India) Cyclically Adjusted PB Ratio Related Terms


Thomas Scott (India) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Thomas Scott (India)'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.

Thomas Scott (India) Cyclically Adjusted PB Ratio Chart

Thomas Scott (India) 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 1.66 1.23 10.71 10.59 6.33

Thomas Scott (India) 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 10.59 0.00 9.60 0.00 6.33

Thomas Scott (India) Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Thomas Scott (India)'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.


Thomas Scott (India) Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thomas Scott (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Thomas Scott (India)'s Cyclically Adjusted PB Ratio falls into.


NSE:THOMASCOTT
87GF Score
Thomas Scott (India) Ltd NSE:THOMASCOTT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thomas Scott (India) 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.

Thomas Scott (India)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=315.15/37.18
=8.48

* 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.

Thomas Scott (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Thomas Scott (India)'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)
=93.597/164.2724*164.2724
=93.597

Current CPI (Mar. 2026) = 164.2724.

Thomas Scott (India) Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 20.779 105.961 32.214
201612 0.000 105.196 0.000
201703 23.631 105.196 36.902
201706 0.000 107.109 0.000
201709 20.378 109.021 30.705
201712 0.000 109.404 0.000
201803 21.437 109.786 32.076
201806 0.000 111.317 0.000
201809 20.428 115.142 29.145
201812 0.000 115.142 0.000
201903 17.858 118.202 24.818
201906 0.000 120.880 0.000
201909 14.261 123.175 19.019
201912 0.000 126.235 0.000
202003 12.158 124.705 16.016
202006 0.000 127.000 0.000
202009 9.213 130.118 11.631
202012 0.000 130.889 0.000
202103 11.858 131.771 14.783
202106 0.000 134.084 0.000
202109 13.386 135.847 16.187
202112 0.000 138.161 0.000
202203 18.594 138.822 22.003
202206 0.000 142.347 0.000
202209 21.304 144.661 24.192
202212 0.000 145.763 0.000
202303 22.562 146.865 25.236
202306 0.000 150.280 0.000
202309 25.596 151.492 27.755
202312 0.000 152.924 0.000
202403 51.755 153.035 55.556
202406 0.000 155.789 0.000
202409 56.588 157.882 58.878
202412 0.000 158.323 0.000
202503 83.670 157.552 87.239
202506 0.000 159.755 0.000
202509 86.011 162.289 87.062
202512 0.000 163.281 0.000
202603 93.597 164.272 93.597

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 8.48 mean?
Thomas Scott (India) (NSE:THOMASCOTT) has a Cyclically Adjusted PB Ratio of 8.48 as of Aug. 10, 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 Thomas Scott (India) and its competitors. This is 28% above median its historical median of 6.62. Over the past decade, Thomas Scott (India)'s Cyclically Adjusted PB Ratio has ranged from 0.12 to 16.93. According to the industry distribution chart, Thomas Scott (India) ranks #810 out of 842 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 96.2%.
Is Thomas Scott (India)'s Cyclically Adjusted PB Ratio too high?
Thomas Scott (India)'s current Cyclically Adjusted PB Ratio of 8.48 is 28% above median its 10-year median of 6.62. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 16.93. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.99. Thomas Scott (India)'s value of 8.48 is 760.9% above this industry median. Based on the distribution chart, Thomas Scott (India) ranks #810 out of 842 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Thomas Scott (India) has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thomas Scott (India)'s Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Thomas Scott (India) ranks #810 out of 842 companies for Cyclically Adjusted PB Ratio. This places Thomas Scott (India) in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Thomas Scott (India)'s value of 8.48 is 760.9% above this benchmark. Historically, Thomas Scott (India)'s own Cyclically Adjusted PB Ratio has ranged from 0.12 to 16.93 over the past decade. While the company's 10-year median is 6.62 vs. the industry median of 0.99, Thomas Scott (India) 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.99, based on 842 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. Thomas Scott (India)'s current Cyclically Adjusted PB Ratio of 8.48 is 760.9% 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 Thomas Scott (India) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thomas Scott (India)'s current Cyclically Adjusted PB Ratio is 8.48, which is 28% above median its own 10-year median of 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thomas Scott (India) stock overvalued right now?
Based on GuruFocus' analysis, Thomas Scott (India) (NSE:THOMASCOTT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹370.92, compared to a current price of ₹315.15 — trading 15% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.48, which is 28% above median its 10-year median of 6.62 and 760.9% above the Manufacturing - Apparel & Accessories industry median of 0.99. Thomas Scott (India)'s overall GF Score™ is 87/100 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 Thomas Scott (India) (NSE:THOMASCOTT), the current Cyclically Adjusted PB Ratio is 8.48 as of Aug. 10, 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 Thomas Scott (India) (NSE:THOMASCOTT) Overvalued in 2026?

Based on GuruFocus' analysis, Thomas Scott (India) stock appears to be undervalued. The current stock price of ₹315.15 is trading 15% below its estimated GF Value™ of ₹370.92. GuruFocus considers Thomas Scott (India) to be Modestly Undervalued.

Key valuation signals for NSE:THOMASCOTT:

  • Cyclically Adjusted PB Ratio: 8.48 (28% above median its 10-year median of 6.62)
  • GF Value™: ₹370.92 vs. price of ₹315.15 (15% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 760.9% above the Manufacturing - Apparel & Accessories median (#810 of 842)

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


Thomas Scott (India) Business Description

Other Exchanges 533941:India
Address Senapati Bapat Marg, 405-406, Kewal Industrial Estate, Lower Parel (West), Mumbai, MH, IND, 400013
Thomas Scott (India) Ltd is engaged in the manufacturing and trading of Textile and Textile products. The company sells formal shirts that suit the heritage of premium shirting. The company also offers semi-formal shirts and casual shirts. Its products can be combined with jeans, a blazer, an unstructured blazer, chinos, and a nifty pocket square. The company has only one geographical segment as it caters to the needs of domestic market.
87GF Score

Get the complete analysis for NSE:THOMASCOTT

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

₹315.15
Price
₹370.92
GF Value