UCAL (NSE:UCAL) Cyclically Adjusted PB Ratio: 0.78 (As of Aug. 17, 2026) — Near Median

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NSE:UCAL UCAL Ltd NSE:UCAL
70 GF Score
Price ₹139.85
GF Value ₹154.99
Valuation Modestly Undervalued
! 6 Warning Signs
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What is UCAL Cyclically Adjusted PB Ratio?

UCAL NSE:UCAL +9.35% 70 Cyclically Adjusted PB Ratio is 0.78 as of Aug. 17, 2026, which is 4% above its 10-year median of 0.75. GuruFocus rates NSE:UCAL with a GF Score™ of 70/100 and a GF Value™ of ₹154.99 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 972 Vehicles & Parts companies, UCAL ranks better than 68.21% on this metric.

As of today (2026-08-17), UCAL's current share price is ₹139.85. UCAL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹179.92. UCAL's Cyclically Adjusted PB Ratio for today is 0.78.

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

NSE:UCAL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.75   Max: 1.36
Current: 0.77

During the past years, UCAL's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.49. And the median was 0.75.

NSE:UCAL's Cyclically Adjusted PB Ratio is ranked better than
68.21% of 972 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs NSE:UCAL: 0.77

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.

UCAL's adjusted book value per share data for the three months ended in Mar. 2026 was ₹147.491. 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 ₹179.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


UCAL  (NSE:UCAL) 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.


UCAL Cyclically Adjusted PB Ratio Related Terms


UCAL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for UCAL'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.

UCAL Cyclically Adjusted PB Ratio Chart

UCAL 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 0.82 0.45

UCAL 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 0.82 0.00 0.78 0.00 0.45

NSE:UCAL vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, UCAL'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.


UCAL Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, UCAL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:UCAL
70GF Score
UCAL Ltd NSE:UCAL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UCAL 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.

UCAL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=139.85/179.92
=0.78

* 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.

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

For example, UCAL'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)
=147.491/164.2724*164.2724
=147.491

Current CPI (Mar. 2026) = 164.2724.

UCAL Quarterly Data

Book Value per Share CPI Adj_Book
201209 269.573 82.244 538.438
201212 0.000 83.774 0.000
201303 16.704 85.687 32.024
201403 25.160 91.425 45.208
201503 29.881 97.163 50.520
201603 84.087 102.518 134.739
201703 95.237 105.196 148.721
201803 134.951 109.786 201.926
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 145.720 118.202 202.516
201906 0.000 120.880 0.000
201909 157.740 123.175 210.370
201912 0.000 126.235 0.000
202003 149.668 124.705 197.156
202006 0.000 127.000 0.000
202009 141.639 130.118 178.818
202012 0.000 130.889 0.000
202103 162.067 131.771 202.042
202106 0.000 134.084 0.000
202109 169.199 135.847 204.603
202112 0.000 138.161 0.000
202203 177.050 138.822 209.509
202206 0.000 142.347 0.000
202209 182.385 144.661 207.110
202212 0.000 145.763 0.000
202303 177.869 146.865 198.952
202306 0.000 150.280 0.000
202309 174.588 151.492 189.317
202312 0.000 152.924 0.000
202403 167.847 153.035 180.173
202406 0.000 155.789 0.000
202409 166.994 157.882 173.753
202412 0.000 158.323 0.000
202503 160.401 157.552 167.243
202506 0.000 159.755 0.000
202509 156.370 162.289 158.281
202512 0.000 163.281 0.000
202603 147.491 164.272 147.491

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 0.78 mean?
UCAL (NSE:UCAL) has a Cyclically Adjusted PB Ratio of 0.78 as of Aug. 17, 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 UCAL and its competitors. This is near median its historical median of 0.75. Over the past decade, UCAL's Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.36. According to the industry distribution chart, UCAL ranks #309 out of 972 companies in the Vehicles & Parts industry, placing it in the top 31.8%.
Is UCAL's Cyclically Adjusted PB Ratio too high?
UCAL's current Cyclically Adjusted PB Ratio of 0.78 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.36. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.28. UCAL's value of 0.78 is 39.1% below this industry median. Based on the distribution chart, UCAL ranks #309 out of 972 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, UCAL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UCAL's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, UCAL ranks #309 out of 972 companies for Cyclically Adjusted PB Ratio. This puts UCAL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. UCAL's value of 0.78 is 39.1% below this benchmark. Historically, UCAL's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.36 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.28, UCAL has consistently been below 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.28, based on 972 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. UCAL's current Cyclically Adjusted PB Ratio of 0.78 is 39.1% below 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 UCAL and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UCAL's current Cyclically Adjusted PB Ratio is 0.78, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UCAL stock overvalued right now?
Based on GuruFocus' analysis, UCAL (NSE:UCAL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹154.99, compared to a current price of ₹139.85 — trading 9.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is near median its 10-year median of 0.75 and 39.1% below the Vehicles & Parts industry median of 1.28. UCAL's overall GF Score™ is 70/100 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 UCAL (NSE:UCAL), the current Cyclically Adjusted PB Ratio is 0.78 as of Aug. 17, 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 UCAL (NSE:UCAL) Overvalued in 2026?

Based on GuruFocus' analysis, UCAL stock appears to be undervalued. The current stock price of ₹139.85 is trading 9.8% below its estimated GF Value™ of ₹154.99. GuruFocus considers UCAL to be Modestly Undervalued.

Key valuation signals for NSE:UCAL:

  • Cyclically Adjusted PB Ratio: 0.78 (near median its 10-year median of 0.75)
  • GF Value™: ₹154.99 vs. price of ₹139.85 (9.8% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 39.1% below the Vehicles & Parts median (#309 of 972)

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


UCAL Business Description

Other Exchanges 500464:India
Address First Cross Road, 11 B/2 (SP), Ambattur Industrial Estate, Ambattur, Chennai, TN, IND, 600058
UCAL Ltd formerly UCAL Fuel Systems Ltd offers fuel management systems for the automotive sector. Its product portfolio include Fuel, Systems Emission Control, Electronics, Pumps & Valves, and Others. The group generates the majority of its revenue from Domestic market.
70GF Score

Get the complete analysis for NSE:UCAL

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

₹139.85
Price
₹154.99
GF Value