UNO Minda (NSE:UNOMINDA) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:UNOMINDA UNO Minda Ltd NSE:UNOMINDA
96 GF Score
Price ₹1,227.50
GF Value ₹1,305.19
Valuation Fairly Valued
! 2 Warning Signs
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What is UNO Minda Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


UNO Minda  (NSE:UNOMINDA) 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.


UNO Minda Cyclically Adjusted PB Ratio Related Terms


UNO Minda Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for UNO Minda'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.

UNO Minda Cyclically Adjusted PB Ratio Chart

UNO Minda 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 14.36 11.75 13.51 14.22 13.79

UNO Minda Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 18.56 19.88 19.56 14.44 14.94

NSE:UNOMINDA vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, UNO Minda'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.


UNO Minda Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


NSE:UNOMINDA
96GF Score
UNO Minda Ltd NSE:UNOMINDA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UNO Minda 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.

UNO Minda's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, UNO Minda's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

UNO Minda Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.097 105.961 25.424
201612 105.196 0.000
201703 24.594 105.196 39.127
201706 107.109 0.000
201709 24.707 109.021 37.927
201712 109.404 0.000
201803 30.535 109.786 46.547
201806 111.317 0.000
201809 34.743 115.142 50.499
201812 115.142 0.000
201903 37.392 118.202 52.942
201906 120.880 0.000
201909 38.868 123.175 52.810
201912 126.235 0.000
202003 40.676 124.705 54.588
202006 127.000 0.000
202009 42.457 130.118 54.608
202012 130.889 0.000
202103 47.127 131.771 59.854
202106 134.084 0.000
202109 61.353 135.847 75.584
202112 138.161 0.000
202203 65.905 138.822 79.452
202206 142.347 0.000
202209 71.527 144.661 82.749
202212 145.763 0.000
202303 77.384 146.865 88.182
202306 150.280 0.000
202309 82.671 151.492 91.329
202312 152.924 0.000
202403 91.709 153.035 100.292
202406 155.789 0.000
202409 98.916 157.882 104.852
202412 158.323 0.000
202503 106.475 157.552 113.102
202506 159.755 0.000
202509 114.635 162.289 118.215
202512 163.281 0.000
202603 125.739 164.272 128.100
202606 167.357 0.000

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.

Is UNO Minda (NSE:UNOMINDA) Overvalued in 2026?

Based on GuruFocus' analysis, UNO Minda stock appears to be undervalued. The current stock price of ₹1,227.50 is trading 6% below its estimated GF Value™ of ₹1,305.19. GuruFocus considers UNO Minda to be Fairly Valued.

Key valuation signals for NSE:UNOMINDA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,305.19 vs. price of ₹1,227.50 (6% below fair value)
  • GF Score™: 96/100 with 2 warning signs

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


UNO Minda Business Description

Other Exchanges 532539:India
Address Village Nawada Fatehpur, P.O. Sikanderpur Badda, Manesar, District, Gurugram, HR, IND, 122004
UNO Minda Ltd is engaged in the manufacturing of auto components, including lighting, alloy wheels, horns, seating systems, seatbelts, switches, sensors, controllers, handlebar assemblies, wheel covers, and others. The group caters to both 2-wheeler and 4-wheeler markets and domestic & international markets. The group deals in only one business segment of manufacturing and the sale of auto ancillary equipment. It generates the majority of its revenue within India.
96GF Score

Get the complete analysis for NSE:UNOMINDA

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

₹1,227.50
Price
₹1,305.19
GF Value