Vardhman Acrylics (NSE:VARDHACRLC) Cyclically Adjusted PB Ratio: (As of Aug. 24, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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:VARDHACRLC Vardhman Acrylics Ltd NSE:VARDHACRLC
71 GF Score
Price ₹44.87
GF Value ₹142.13
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Vardhman Acrylics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vardhman Acrylics  (NSE:VARDHACRLC) 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.


Vardhman Acrylics Cyclically Adjusted PB Ratio Related Terms


Vardhman Acrylics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vardhman Acrylics'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.

Vardhman Acrylics Cyclically Adjusted PB Ratio Chart

Vardhman Acrylics 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 1.12 0.89 1.05 0.85 0.58

Vardhman Acrylics 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 0.00 0.93 0.00 0.58 0.00

Vardhman Acrylics Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Vardhman Acrylics'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.


Vardhman Acrylics Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vardhman Acrylics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:VARDHACRLC
71GF Score
Vardhman Acrylics Ltd NSE:VARDHACRLC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vardhman Acrylics 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.

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

For example, Vardhman Acrylics'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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Vardhman Acrylics Quarterly Data

Book Value per Share CPI Adj_Book
201609 43.329 105.961 68.435
201612 0.000 105.196 0.000
201703 36.760 105.196 58.482
201706 0.000 107.109 0.000
201709 37.056 109.021 56.884
201712 0.000 109.404 0.000
201803 39.742 109.786 60.582
201806 0.000 111.317 0.000
201809 40.485 115.142 58.844
201812 0.000 115.142 0.000
201903 41.518 118.202 58.784
201906 0.000 120.880 0.000
201909 41.919 123.175 56.955
201912 0.000 126.235 0.000
202003 44.227 124.705 59.354
202006 0.000 127.000 0.000
202009 44.871 130.118 57.713
202012 0.000 130.889 0.000
202103 49.571 131.771 62.958
202106 0.000 134.084 0.000
202109 50.830 135.847 62.620
202112 0.000 138.161 0.000
202203 26.419 138.822 31.850
202206 0.000 142.347 0.000
202209 28.736 144.661 33.244
202212 0.000 145.763 0.000
202303 30.530 146.865 34.790
202306 0.000 150.280 0.000
202309 31.397 151.492 34.685
202312 0.000 152.924 0.000
202403 30.234 153.035 33.064
202406 0.000 155.789 0.000
202409 28.967 157.882 30.705
202412 0.000 158.323 0.000
202503 29.697 157.552 31.545
202506 0.000 159.755 0.000
202509 28.625 162.289 29.519
202512 0.000 163.281 0.000
202603 31.597 164.272 32.190
202606 0.000 167.357 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 Vardhman Acrylics (NSE:VARDHACRLC) Overvalued in 2026?

Based on GuruFocus' analysis, Vardhman Acrylics stock appears to be undervalued. The current stock price of ₹44.87 is trading 68.4% below its estimated GF Value™ of ₹142.13. GuruFocus considers Vardhman Acrylics to be Significantly Undervalued.

Key valuation signals for NSE:VARDHACRLC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹142.13 vs. price of ₹44.87 (68.4% below fair value)
  • GF Score™: 71/100 with 6 warning signs

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


Vardhman Acrylics Business Description

Address Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Acrylics Ltd is engaged in manufacturing man-made fibers. The firm operates through the Acrylic Fibre and Tow segment, having its manufacturing facility in Gujarat, India. Its products are widely used for the manufacture of winter wear such as sweaters, woolen fabric, technical textiles such as non-wovens and carpets, and others. Geographically, it generates the majority of its revenue within India, and also has some exposure to international markets.
71GF Score

Get the complete analysis for NSE:VARDHACRLC

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

₹44.87
Price
₹142.13
GF Value