Technocraft Industries (India) (NSE:TIIL) Cyclically Adjusted PB Ratio: 4.54 (As of Aug. 04, 2026) — Near Median

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NSE:TIIL Technocraft Industries (India) Ltd NSE:TIIL
94 GF Score
Price ₹2,628.20
GF Value ₹3,238.66
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Technocraft Industries (India) Cyclically Adjusted PB Ratio?

Technocraft Industries (India) NSE:TIIL +1.85% 94 Cyclically Adjusted PB Ratio is 4.54 as of Aug. 04, 2026, which is 6% below its 10-year median of 4.83. GuruFocus rates NSE:TIIL with a GF Score™ of 94/100 and a GF Value™ of ₹3,238.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,261 Industrial Products companies, Technocraft Industries (India) ranks worse than 75.85% on this metric.

As of today (2026-08-04), Technocraft Industries (India)'s current share price is ₹2628.20. Technocraft Industries (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹578.84. Technocraft Industries (India)'s Cyclically Adjusted PB Ratio for today is 4.54.

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

NSE:TIIL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.89   Med: 4.83   Max: 7.02
Current: 4.44

During the past years, Technocraft Industries (India)'s highest Cyclically Adjusted PB Ratio was 7.02. The lowest was 3.89. And the median was 4.83.

NSE:TIIL's Cyclically Adjusted PB Ratio is ranked worse than
75.85% of 2261 companies
in the Industrial Products industry
Industry Median: 2.07 vs NSE:TIIL: 4.44

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.

Technocraft Industries (India)'s adjusted book value per share data for the three months ended in Mar. 2026 was ₹891.916. 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 ₹578.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Technocraft Industries (India)  (NSE:TIIL) 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.


Technocraft Industries (India) Cyclically Adjusted PB Ratio Related Terms


Technocraft Industries (India) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Technocraft Industries (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.

Technocraft Industries (India) Cyclically Adjusted PB Ratio Chart

Technocraft Industries (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 0.00 0.00 4.50 5.18 3.78

Technocraft Industries (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 5.18 0.00 3.96 0.00 3.78

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

For the Tools & Accessories subindustry, Technocraft Industries (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.


Technocraft Industries (India) Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Technocraft Industries (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:TIIL
94GF Score
Technocraft Industries (India) Ltd NSE:TIIL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Technocraft Industries (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.

Technocraft Industries (India)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2628.20/578.84
=4.54

* 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.

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

For example, Technocraft Industries (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)
=891.916/164.2724*164.2724
=891.916

Current CPI (Mar. 2026) = 164.2724.

Technocraft Industries (India) Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 83.774 0.000
201303 158.577 85.687 304.011
201306 0.000 88.365 0.000
201403 180.290 91.425 323.945
201503 207.196 97.163 350.304
201603 221.042 102.518 354.191
201703 261.934 105.196 409.032
201803 289.750 109.786 433.550
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 338.131 118.202 469.921
201906 0.000 120.880 0.000
201909 363.029 123.175 484.154
201912 0.000 126.235 0.000
202003 386.022 124.705 508.502
202006 0.000 127.000 0.000
202009 406.471 130.118 513.165
202012 0.000 130.889 0.000
202103 438.433 131.771 546.575
202106 0.000 134.084 0.000
202109 492.964 135.847 596.115
202112 0.000 138.161 0.000
202203 546.426 138.822 646.604
202206 0.000 142.347 0.000
202209 600.606 144.661 682.028
202212 0.000 145.763 0.000
202303 616.591 146.865 689.675
202306 0.000 150.280 0.000
202309 682.088 151.492 739.631
202312 0.000 152.924 0.000
202403 729.470 153.035 783.038
202406 0.000 155.789 0.000
202409 734.808 157.882 764.549
202412 0.000 158.323 0.000
202503 781.685 157.552 815.029
202506 0.000 159.755 0.000
202509 830.822 162.289 840.975
202512 0.000 163.281 0.000
202603 891.916 164.272 891.916

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 4.54 mean?
Technocraft Industries (India) (NSE:TIIL) has a Cyclically Adjusted PB Ratio of 4.54 as of Aug. 04, 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 Technocraft Industries (India) and its competitors. This is near median its historical median of 4.83. Over the past decade, Technocraft Industries (India)'s Cyclically Adjusted PB Ratio has ranged from 3.89 to 7.02. According to the industry distribution chart, Technocraft Industries (India) ranks #1715 out of 2261 companies in the Industrial Products industry, placing it in the top 75.9%.
Is Technocraft Industries (India)'s Cyclically Adjusted PB Ratio too high?
Technocraft Industries (India)'s current Cyclically Adjusted PB Ratio of 4.54 is near median its 10-year median of 4.83. Over the past 10 years, this metric has ranged from a low of 3.89 to a high of 7.02. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Technocraft Industries (India)'s value of 4.54 is 119.3% above this industry median. Based on the distribution chart, Technocraft Industries (India) ranks #1715 out of 2261 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Technocraft Industries (India) has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Technocraft Industries (India)'s Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Technocraft Industries (India) ranks #1715 out of 2261 companies for Cyclically Adjusted PB Ratio. This places Technocraft Industries (India) in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Technocraft Industries (India)'s value of 4.54 is 119.3% above this benchmark. Historically, Technocraft Industries (India)'s own Cyclically Adjusted PB Ratio has ranged from 3.89 to 7.02 over the past decade. While the company's 10-year median is 4.83 vs. the industry median of 2.07, Technocraft Industries (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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.07, based on 2,261 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. Technocraft Industries (India)'s current Cyclically Adjusted PB Ratio of 4.54 is 119.3% 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 Technocraft Industries (India) 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. Technocraft Industries (India)'s current Cyclically Adjusted PB Ratio is 4.54, which is near median its own 10-year median of 4.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technocraft Industries (India) stock overvalued right now?
Based on GuruFocus' analysis, Technocraft Industries (India) (NSE:TIIL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,238.66, compared to a current price of ₹2,628.20 — trading 18.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.54, which is near median its 10-year median of 4.83 and 119.3% above the Industrial Products industry median of 2.07. Technocraft Industries (India)'s overall GF Score™ is 94/100 with 3 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 Technocraft Industries (India) (NSE:TIIL), the current Cyclically Adjusted PB Ratio is 4.54 as of Aug. 04, 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 Technocraft Industries (India) (NSE:TIIL) Overvalued in 2026?

Based on GuruFocus' analysis, Technocraft Industries (India) stock appears to be undervalued. The current stock price of ₹2,628.20 is trading 18.8% below its estimated GF Value™ of ₹3,238.66. GuruFocus considers Technocraft Industries (India) to be Modestly Undervalued.

Key valuation signals for NSE:TIIL:

  • Cyclically Adjusted PB Ratio: 4.54 (near median its 10-year median of 4.83)
  • GF Value™: ₹3,238.66 vs. price of ₹2,628.20 (18.8% below fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 119.3% above the Industrial Products median (#1715 of 2261)

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


Technocraft Industries (India) Business Description

Other Exchanges 532804:India
Address Road No. 3, Technocraft House, A-25, MIDC Industrial Estate, Andheri (East), Mumbai, MH, IND, 400093
Technocraft Industries (India) Ltd is a multi-product manufacturing company that manufactures high precision and sophisticated products, mainly for discerning overall markets. Its products and services are Drum Closures, Tubes and Scaffoldings, Form Works, Tower Division, Cotton Yarn, Fabrics, Garments, and Engineering Services. The company's segments include The Group has identified Drum Closures, Scaffoldings, Yarn, Fabric, Engineering & Design & Others. Maximum revenue is derived from its scaffolding division. Geographically, the company caters to both Indian and international markets, of which, maximum revenue is derived from its customers located outside India.
94GF Score

Get the complete analysis for NSE:TIIL

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

₹2,628.20
Price
₹3,238.66
GF Value