Universus Photo Imagings (NSE:UNIVPHOTO) Cyclically Adjusted PB Ratio: 0.73 (As of Jul. 29, 2026) — 46% Above Median

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NSE:UNIVPHOTO Universus Photo Imagings Ltd NSE:UNIVPHOTO
53 GF Score
Price ₹471.60
GF Value ₹174.34
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Universus Photo Imagings Cyclically Adjusted PB Ratio?

Universus Photo Imagings NSE:UNIVPHOTO -3.57% 53 Cyclically Adjusted PB Ratio is 0.73 as of Jul. 29, 2026, which is 46% above its 10-year median of 0.50. GuruFocus rates NSE:UNIVPHOTO with a GF Score™ of 53/100 and a GF Value™ of ₹174.34 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 520 Medical Devices & Instruments companies, Universus Photo Imagings ranks better than 79.23% on this metric.

As of today (2026-07-29), Universus Photo Imagings's current share price is ₹471.60. Universus Photo Imagings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹649.10. Universus Photo Imagings's Cyclically Adjusted PB Ratio for today is 0.73.

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

NSE:UNIVPHOTO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.5   Max: 0.65
Current: 0.65

During the past 11 years, Universus Photo Imagings's highest Cyclically Adjusted PB Ratio was 0.65. The lowest was 0.30. And the median was 0.50.

NSE:UNIVPHOTO's Cyclically Adjusted PB Ratio is ranked better than
79.23% of 520 companies
in the Medical Devices & Instruments industry
Industry Median: 1.805 vs NSE:UNIVPHOTO: 0.65

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.

Universus Photo Imagings's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹741.034. 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 ₹649.10 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universus Photo Imagings  (NSE:UNIVPHOTO) 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.


Universus Photo Imagings Cyclically Adjusted PB Ratio Related Terms


Universus Photo Imagings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Universus Photo Imagings'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.

Universus Photo Imagings Cyclically Adjusted PB Ratio Chart

Universus Photo Imagings 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 0.28 0.63

Universus Photo Imagings 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 0.28 0.00 0.00 0.00 0.63

NSE:UNIVPHOTO vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Universus Photo Imagings'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.


Universus Photo Imagings Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Universus Photo Imagings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:UNIVPHOTO
53GF Score
Universus Photo Imagings Ltd NSE:UNIVPHOTO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Universus Photo Imagings 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.

Universus Photo Imagings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=471.60/649.10
=0.73

* 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.

Universus Photo Imagings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Universus Photo Imagings's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=741.034/164.2724*164.2724
=741.034

Current CPI (Mar26) = 164.2724.

Universus Photo Imagings Annual Data

Book Value per Share CPI Adj_Book
201703 0.003 105.196 0.005
201803 -0.003 109.786 -0.004
201903 -0.013 118.202 -0.018
202003 1,106.830 124.705 1,458.013
202103 1,011.219 131.771 1,260.642
202203 979.909 138.822 1,159.559
202303 957.323 146.865 1,070.794
202403 788.878 153.035 846.808
202503 798.596 157.552 832.662
202603 741.034 164.272 741.034

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 0.73 mean?
Universus Photo Imagings (NSE:UNIVPHOTO) has a Cyclically Adjusted PB Ratio of 0.73 as of Jul. 29, 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 Universus Photo Imagings and its competitors. This is 46% above median its historical median of 0.50. Over the past decade, Universus Photo Imagings' Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.65. According to the industry distribution chart, Universus Photo Imagings ranks #108 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 20.8%.
Is Universus Photo Imagings' Cyclically Adjusted PB Ratio too high?
Universus Photo Imagings' current Cyclically Adjusted PB Ratio of 0.73 is 46% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.65. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.81. Universus Photo Imagings' value of 0.73 is 59.6% below this industry median. Based on the distribution chart, Universus Photo Imagings ranks #108 out of 520 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Universus Photo Imagings has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Universus Photo Imagings' Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Universus Photo Imagings ranks #108 out of 520 companies for Cyclically Adjusted PB Ratio. This places Universus Photo Imagings in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.81. Universus Photo Imagings' value of 0.73 is 59.6% below this benchmark. Historically, Universus Photo Imagings' own Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.65 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.81, Universus Photo Imagings 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.81, based on 520 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. Universus Photo Imagings's current Cyclically Adjusted PB Ratio of 0.73 is 59.6% 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 Universus Photo Imagings and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universus Photo Imagings's current Cyclically Adjusted PB Ratio is 0.73, which is 46% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universus Photo Imagings stock overvalued right now?
Based on GuruFocus' analysis, Universus Photo Imagings (NSE:UNIVPHOTO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹174.34, compared to a current price of ₹471.60 — trading 170.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is 46% above median its 10-year median of 0.50 and 59.6% below the Medical Devices & Instruments industry median of 1.81. Universus Photo Imagings' overall GF Score™ is 53/100 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 Universus Photo Imagings (NSE:UNIVPHOTO), the current Cyclically Adjusted PB Ratio is 0.73 as of Jul. 29, 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 Universus Photo Imagings (NSE:UNIVPHOTO) Overvalued in 2026?

Based on GuruFocus' analysis, Universus Photo Imagings stock appears to be overvalued. The current stock price of ₹471.60 is trading 170.5% above its estimated GF Value™ of ₹174.34. GuruFocus considers Universus Photo Imagings to be Significantly Overvalued.

Key valuation signals for NSE:UNIVPHOTO:

  • Cyclically Adjusted PB Ratio: 0.73 (46% above median its 10-year median of 0.50)
  • GF Value™: ₹174.34 vs. price of ₹471.60 (170.5% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 59.6% below the Medical Devices & Instruments median (#108 of 520)

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


Universus Photo Imagings Business Description

Other Exchanges 542933:India
Address Sector-32, Institutional Area, Plot No. 87, Gurugram, HR, IND, 122001
Universus Photo Imagings Ltd specializes in manufacturing, selling, distributing, converting, and producing X-ray films and NTR (non-toxic radiographic) films with matt and glossy finishes. These films are used for medical imaging and various photographic applications such as photo albums, certificates, playing cards, gift cards, visiting cards, calendars, menu cards, wedding cards, and modeling portfolios. The company operates a high-tech manufacturing facility located at Dadra in the Union Territory of Dadra and Nagar Haveli, India. Revenue is generated through the sale of these imaging products to medical and photographic industries.
53GF Score

Get the complete analysis for NSE:UNIVPHOTO

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

₹471.60
Price
₹174.34
GF Value