Vascon Engineers (NSE:VASCONEQ) Cyclically Adjusted PB Ratio: (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:VASCONEQ Vascon Engineers Ltd NSE:VASCONEQ
67 GF Score
Price ₹31.84
GF Value ₹48.71
Valuation Possible Value Trap
! 7 Warning Signs
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What is Vascon Engineers Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vascon Engineers  (NSE:VASCONEQ) 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.


Vascon Engineers Cyclically Adjusted PB Ratio Related Terms


Vascon Engineers Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vascon Engineers'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.

Vascon Engineers Cyclically Adjusted PB Ratio Chart

Vascon Engineers 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 0.29 0.35 0.93 0.64 0.51

Vascon Engineers 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 1.23 0.00 0.51 0.00

NSE:VASCONEQ vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Vascon Engineers'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.


Vascon Engineers Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Vascon Engineers's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:VASCONEQ
67GF Score
Vascon Engineers Ltd NSE:VASCONEQ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vascon Engineers 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.

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

For example, Vascon Engineers'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.

Vascon Engineers Quarterly Data

Book Value per Share CPI Adj_Book
201503 56.157 97.163 96.727
201506 0.000 99.841 0.000
201509 38.480 101.753 63.289
201512 0.000 102.901 0.000
201603 38.816 102.518 63.366
201703 37.826 105.196 60.178
201803 38.364 109.786 58.482
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 38.748 118.202 54.862
201906 0.000 120.880 0.000
201909 39.396 123.175 53.527
201912 0.000 126.235 0.000
202003 41.221 124.705 55.320
202006 0.000 127.000 0.000
202009 38.571 130.118 49.610
202012 0.000 130.889 0.000
202103 38.386 131.771 48.753
202106 0.000 134.084 0.000
202109 37.716 135.847 46.464
202112 0.000 138.161 0.000
202203 37.335 138.822 45.009
202206 0.000 142.347 0.000
202209 38.945 144.661 45.055
202212 0.000 145.763 0.000
202303 41.956 146.865 47.810
202306 0.000 150.280 0.000
202309 43.240 151.492 47.768
202312 0.000 152.924 0.000
202403 44.327 153.035 48.476
202406 0.000 155.789 0.000
202409 44.832 157.882 47.523
202412 0.000 158.323 0.000
202503 48.294 157.552 51.300
202506 0.000 159.755 0.000
202509 49.795 162.289 51.350
202512 0.000 163.281 0.000
202603 49.583 164.272 50.514
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 Vascon Engineers (NSE:VASCONEQ) Overvalued in 2026?

Based on GuruFocus' analysis, Vascon Engineers stock appears to be undervalued. The current stock price of ₹31.84 is trading 34.6% below its estimated GF Value™ of ₹48.71. GuruFocus considers Vascon Engineers to be Possible Value Trap.

Key valuation signals for NSE:VASCONEQ:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹48.71 vs. price of ₹31.84 (34.6% below fair value)
  • GF Score™: 67/100 with 7 warning signs

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


Vascon Engineers Business Description

Other Exchanges 533156:India
Address Pune - Nagar Road, Vascon Weikfield Chambers, Behind Hotel Novotel, Opposite Hyatt Hotel, Pune, MH, IND, 411014
Vascon Engineers Ltd is a construction company that s engaged in the business of Engineering, Procurement and Construction services (EPC) and Real Estate Development. The company has three segment EPC, Real Estate Development and Manufacturing&BMS. EPC segment consist of construction of residential, commercial, industrial and other constructions. Real Estate Development segment consist of development of Residential, Hotel premises, Industrial park etc. Manufacturing&BMS segment consist of manufacturing of clean room partition & Building Management System (BMS). Key revenue is generated from EPC segment.
67GF Score

Get the complete analysis for NSE:VASCONEQ

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

₹31.84
Price
₹48.71
GF Value