Vadilal Enterprises (NSE:VADILENT) Cyclically Adjusted PB Ratio: (As of Aug. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:VADILENT Vadilal Enterprises Ltd NSE:VADILENT
23 GF Score
Price ₹9,700.00
GF Value ₹6,725.28
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Vadilal Enterprises Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vadilal Enterprises  (NSE:VADILENT) 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.


Vadilal Enterprises Cyclically Adjusted PB Ratio Related Terms


Vadilal Enterprises Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vadilal Enterprises'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.

Vadilal Enterprises Cyclically Adjusted PB Ratio Chart

Vadilal Enterprises 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 18.06 34.24 30.40 61.93 46.37

Vadilal Enterprises 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 61.93 0.00 54.57 0.00 46.37

NSE:VADILENT vs : Cyclically Adjusted PB Ratio Comparison

For the Food Distribution subindustry, Vadilal Enterprises'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.


Vadilal Enterprises Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Vadilal Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:VADILENT
23GF Score
Vadilal Enterprises Ltd NSE:VADILENT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vadilal Enterprises 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.

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

For example, Vadilal Enterprises'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)
=383.43/330.2130*330.2130
=383.430

Current CPI (Mar. 2026) = 330.2130.

Vadilal Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201703 45.444 243.801 61.551
201706 0.000 244.955 0.000
201709 81.025 246.819 108.401
201712 0.000 246.524 0.000
201803 46.239 249.554 61.184
201806 0.000 251.989 0.000
201809 92.015 252.439 120.364
201812 0.000 251.233 0.000
201903 44.689 254.202 58.052
201906 0.000 256.143 0.000
201909 180.610 256.759 232.279
201912 0.000 256.974 0.000
202003 31.388 258.115 40.155
202006 0.000 257.797 0.000
202009 124.008 260.280 157.327
202012 0.000 260.474 0.000
202103 41.556 264.877 51.806
202106 0.000 271.696 0.000
202109 168.963 274.310 203.397
202112 0.000 278.802 0.000
202203 61.258 287.504 70.358
202206 0.000 296.311 0.000
202209 207.641 296.808 231.010
202212 0.000 296.797 0.000
202303 128.158 301.836 140.207
202306 0.000 305.109 0.000
202309 287.370 307.789 308.306
202312 0.000 306.746 0.000
202403 209.270 312.332 221.251
202406 0.000 314.175 0.000
202409 585.632 315.301 613.329
202412 0.000 315.605 0.000
202503 258.053 319.799 266.456
202506 0.000 322.561 0.000
202509 604.171 324.800 614.240
202512 0.000 324.054 0.000
202603 383.430 330.213 383.430

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 Vadilal Enterprises (NSE:VADILENT) Overvalued in 2026?

Based on GuruFocus' analysis, Vadilal Enterprises stock appears to be overvalued. The current stock price of ₹9,700.00 is trading 44.2% above its estimated GF Value™ of ₹6,725.28. GuruFocus considers Vadilal Enterprises to be Significantly Overvalued.

Key valuation signals for NSE:VADILENT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹6,725.28 vs. price of ₹9,700.00 (44.2% above fair value)
  • GF Score™: 23/100 with 5 warning signs

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


Vadilal Enterprises Business Description

Comparable Companies
Other Exchanges 519152:India
Address Vadilal House, Shrimali Society, Near Navrangpura Railway Crossing, Navangapura, Ahmedabad, GJ, IND, 380009
Vadilal Enterprises Ltd is a food and beverage company. The company's primary segment is Food Products which is ice cream, frozen dessert, process food, Flavored milk, and dairy products.
23GF Score

Get the complete analysis for NSE:VADILENT

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

₹9,700.00
Price
₹6,725.28
GF Value