Vascon Engineers (NSE:VASCONEQ) Cyclically Adjusted PB Ratio: 0.59 (As of Aug. 13, 2026) — 18% Below Median

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NSE:VASCONEQ Vascon Engineers Ltd NSE:VASCONEQ
67 GF Score
Price ₹31.26
GF Value ₹52.01
Valuation Possible Value Trap
! 6 Warning Signs
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What is Vascon Engineers Cyclically Adjusted PB Ratio?

Vascon Engineers NSE:VASCONEQ -2.40% 67 Cyclically Adjusted PB Ratio is 0.59 as of Aug. 13, 2026, which is 18% below its 10-year median of 0.72. GuruFocus rates NSE:VASCONEQ with a GF Score™ of 67/100 and a GF Value™ of ₹52.01 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,332 Construction companies, Vascon Engineers ranks better than 71.4% on this metric.

As of today (2026-08-13), Vascon Engineers's current share price is ₹31.26. Vascon Engineers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹53.19. Vascon Engineers's Cyclically Adjusted PB Ratio for today is 0.59.

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

NSE:VASCONEQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.72   Max: 1.27
Current: 0.63

During the past years, Vascon Engineers's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.24. And the median was 0.72.

NSE:VASCONEQ's Cyclically Adjusted PB Ratio is ranked better than
71.4% of 1332 companies
in the Construction industry
Industry Median: 1.15 vs NSE:VASCONEQ: 0.63

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.

Vascon Engineers's adjusted book value per share data for the three months ended in Mar. 2026 was ₹49.583. 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 ₹53.19 for the trailing ten years ended in Mar. 2026.

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
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 0.64 0.00 1.23 0.00 0.51

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.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.26/53.19
=0.59

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

For example, Vascon Engineers'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)
=49.583/164.2724*164.2724
=49.583

Current CPI (Mar. 2026) = 164.2724.

Vascon Engineers Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 56.157 97.163 94.944
201506 0.000 99.841 0.000
201509 38.480 101.753 62.123
201512 0.000 102.901 0.000
201603 38.816 102.518 62.198
201703 37.826 105.196 59.068
201803 38.364 109.786 57.404
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 53.850
201906 0.000 120.880 0.000
201909 39.396 123.175 52.540
201912 0.000 126.235 0.000
202003 41.221 124.705 54.300
202006 0.000 127.000 0.000
202009 38.571 130.118 48.695
202012 0.000 130.889 0.000
202103 38.386 131.771 47.854
202106 0.000 134.084 0.000
202109 37.716 135.847 45.608
202112 0.000 138.161 0.000
202203 37.335 138.822 44.180
202206 0.000 142.347 0.000
202209 38.945 144.661 44.225
202212 0.000 145.763 0.000
202303 41.956 146.865 46.929
202306 0.000 150.280 0.000
202309 43.240 151.492 46.888
202312 0.000 152.924 0.000
202403 44.327 153.035 47.582
202406 0.000 155.789 0.000
202409 44.832 157.882 46.647
202412 0.000 158.323 0.000
202503 48.294 157.552 50.354
202506 0.000 159.755 0.000
202509 49.795 162.289 50.404
202512 0.000 163.281 0.000
202603 49.583 164.272 49.583

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 0.59 mean?
Vascon Engineers (NSE:VASCONEQ) has a Cyclically Adjusted PB Ratio of 0.59 as of Aug. 13, 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 Vascon Engineers and its competitors. This is 18% below median its historical median of 0.72. Over the past decade, Vascon Engineers' Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.27. According to the industry distribution chart, Vascon Engineers ranks #381 out of 1332 companies in the Construction industry, placing it in the top 28.6%.
Is Vascon Engineers' Cyclically Adjusted PB Ratio too high?
Vascon Engineers' current Cyclically Adjusted PB Ratio of 0.59 is 18% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.27. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Vascon Engineers' value of 0.59 is 48.7% below this industry median. Based on the distribution chart, Vascon Engineers ranks #381 out of 1332 companies in the Construction industry, which is above the industry midpoint. Overall, Vascon Engineers has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vascon Engineers' Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Vascon Engineers ranks #381 out of 1332 companies for Cyclically Adjusted PB Ratio. This puts Vascon Engineers in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Vascon Engineers' value of 0.59 is 48.7% below this benchmark. Historically, Vascon Engineers' own Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.27 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.15, Vascon Engineers 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.15, based on 1,332 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. Vascon Engineers's current Cyclically Adjusted PB Ratio of 0.59 is 48.7% 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 Vascon Engineers and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vascon Engineers's current Cyclically Adjusted PB Ratio is 0.59, which is 18% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vascon Engineers stock overvalued right now?
Based on GuruFocus' analysis, Vascon Engineers (NSE:VASCONEQ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹52.01, compared to a current price of ₹31.26 — trading 39.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.59, which is 18% below median its 10-year median of 0.72 and 48.7% below the Construction industry median of 1.15. Vascon Engineers' overall GF Score™ is 67/100 with 6 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 Vascon Engineers (NSE:VASCONEQ), the current Cyclically Adjusted PB Ratio is 0.59 as of Aug. 13, 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 Vascon Engineers (NSE:VASCONEQ) Overvalued in 2026?

Based on GuruFocus' analysis, Vascon Engineers stock appears to be undervalued. The current stock price of ₹31.26 is trading 39.9% below its estimated GF Value™ of ₹52.01. GuruFocus considers Vascon Engineers to be Possible Value Trap.

Key valuation signals for NSE:VASCONEQ:

  • Cyclically Adjusted PB Ratio: 0.59 (18% below median its 10-year median of 0.72)
  • GF Value™: ₹52.01 vs. price of ₹31.26 (39.9% below fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 48.7% below the Construction median (#381 of 1332)

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.

₹31.26
Price
₹52.01
GF Value