Vijay Solvex (NSE:VIJSOLX) Cyclically Adjusted PB Ratio: (As of Aug. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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:VIJSOLX Vijay Solvex Ltd NSE:VIJSOLX
54 GF Score
Price ₹706.00
GF Value ₹1,003.05
Valuation Possible Value Trap
! 5 Warning Signs
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What is Vijay Solvex 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


Vijay Solvex  (NSE:VIJSOLX) 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.


Vijay Solvex Cyclically Adjusted PB Ratio Related Terms


Vijay Solvex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vijay Solvex'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.

Vijay Solvex Cyclically Adjusted PB Ratio Chart

Vijay Solvex 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 3.52 1.32 1.19 1.16 0.49

Vijay Solvex 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 1.16 0.00 0.99 0.00 0.49

NSE:VIJSOLX vs : Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Vijay Solvex'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.


Vijay Solvex Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vijay Solvex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:VIJSOLX
54GF Score
Vijay Solvex Ltd NSE:VIJSOLX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vijay Solvex 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.

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

For example, Vijay Solvex'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)
=1101.606/330.2130*330.2130
=1,101.606

Current CPI (Mar. 2026) = 330.2130.

Vijay Solvex Quarterly Data

Book Value per Share CPI Adj_Book
201509 258.085 237.945 358.163
201512 0.000 236.525 0.000
201603 297.200 238.132 412.121
201606 0.000 241.018 0.000
201609 277.909 241.428 380.110
201612 0.000 241.432 0.000
201703 333.185 243.801 451.278
201803 395.300 249.554 523.066
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 419.877 254.202 545.428
201906 0.000 256.143 0.000
201909 435.111 256.759 559.588
201912 0.000 256.974 0.000
202003 490.546 258.115 627.568
202006 0.000 257.797 0.000
202009 575.222 260.280 729.775
202012 0.000 260.474 0.000
202103 753.281 264.877 939.089
202106 0.000 271.696 0.000
202109 1,002.913 274.310 1,207.302
202112 0.000 278.802 0.000
202203 1,017.915 287.504 1,169.127
202206 0.000 296.311 0.000
202209 1,025.274 296.808 1,140.666
202212 0.000 296.797 0.000
202303 998.187 301.836 1,092.031
202306 0.000 305.109 0.000
202309 1,004.993 307.789 1,078.212
202312 0.000 306.746 0.000
202403 1,007.592 312.332 1,065.277
202406 0.000 314.175 0.000
202409 1,053.297 315.301 1,103.112
202412 0.000 315.605 0.000
202503 1,068.066 319.799 1,102.847
202506 0.000 322.561 0.000
202509 1,094.374 324.800 1,112.612
202512 0.000 324.054 0.000
202603 1,101.606 330.213 1,101.606

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 Vijay Solvex (NSE:VIJSOLX) Overvalued in 2026?

Based on GuruFocus' analysis, Vijay Solvex stock appears to be undervalued. The current stock price of ₹706.00 is trading 29.6% below its estimated GF Value™ of ₹1,003.05. GuruFocus considers Vijay Solvex to be Possible Value Trap.

Key valuation signals for NSE:VIJSOLX:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,003.05 vs. price of ₹706.00 (29.6% below fair value)
  • GF Score™: 54/100 with 5 warning signs

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


Vijay Solvex Business Description

Comparable Companies
Other Exchanges 531069:India
Address Swami Dayanand Marg, Station Road, Bhagwati Sadan, Alwar, RJ, IND, 301001
Vijay Solvex Ltd is a manufacturer/producer of Edible Oil and vanaspati. It is also diversified into ceramics products and wind power. The company is organized into three operating segments, Edible Oils, Ceramics and Wind Power Generation. Edible Oil segment includes Vanaspati, Edible Oils, Oil Cake, De-oiled cake etc., Ceramics segments include Insulators and Wind Power segment includes electricity generation from Wind Power Generators. The majority of the revenue is derived from the Edible Oil segment in India.
54GF Score

Get the complete analysis for NSE:VIJSOLX

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

₹706.00
Price
₹1,003.05
GF Value