Vikas EcoTech (NSE:VIKASECO) Cyclically Adjusted PB Ratio: (As of Sep. 04, 2026)

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NSE:VIKASECO Vikas EcoTech Ltd NSE:VIKASECO
58 GF Score
Price ₹1.08
GF Value ₹3.02
Valuation Possible Value Trap
! 6 Warning Signs
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What is Vikas EcoTech Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vikas EcoTech  (NSE:VIKASECO) 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.


Vikas EcoTech Cyclically Adjusted PB Ratio Related Terms


Vikas EcoTech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vikas EcoTech'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.

Vikas EcoTech Cyclically Adjusted PB Ratio Chart

Vikas EcoTech 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 1.89 0.83 1.14 0.67 0.28

Vikas EcoTech 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 0.57 0.00 0.28 0.00

NSE:VIKASECO vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Vikas EcoTech'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.


Vikas EcoTech Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vikas EcoTech's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:VIKASECO
58GF Score
Vikas EcoTech Ltd NSE:VIKASECO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vikas EcoTech 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.

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

For example, Vikas EcoTech'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.

Vikas EcoTech Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.019 105.961 3.189
201612 0.000 105.196 0.000
201703 2.946 105.196 4.687
201706 0.000 107.109 0.000
201709 3.708 109.021 5.692
201712 0.000 109.404 0.000
201803 2.845 109.786 4.337
201806 0.000 111.317 0.000
201809 3.142 115.142 4.567
201812 0.000 115.142 0.000
201903 3.144 118.202 4.451
201906 0.000 120.880 0.000
201909 3.379 123.175 4.591
201912 0.000 126.235 0.000
202003 3.168 124.705 4.252
202006 0.000 127.000 0.000
202009 3.088 130.118 3.972
202012 0.000 130.889 0.000
202103 2.850 131.771 3.620
202106 0.000 134.084 0.000
202109 2.347 135.847 2.891
202112 0.000 138.161 0.000
202203 2.390 138.822 2.881
202206 0.000 142.347 0.000
202209 2.463 144.661 2.849
202212 0.000 145.763 0.000
202303 2.508 146.865 2.858
202306 0.000 150.280 0.000
202309 2.639 151.492 2.915
202312 0.000 152.924 0.000
202403 2.711 153.035 2.965
202406 0.000 155.789 0.000
202409 3.105 157.882 3.291
202412 0.000 158.323 0.000
202503 2.223 157.552 2.361
202506 0.000 159.755 0.000
202509 2.862 162.289 2.951
202512 0.000 163.281 0.000
202603 2.845 164.272 2.898
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 Vikas EcoTech (NSE:VIKASECO) Overvalued in 2026?

Based on GuruFocus' analysis, Vikas EcoTech stock appears to be undervalued. The current stock price of ₹1.08 is trading 64.2% below its estimated GF Value™ of ₹3.02. GuruFocus considers Vikas EcoTech to be Possible Value Trap.

Key valuation signals for NSE:VIKASECO:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹3.02 vs. price of ₹1.08 (64.2% below fair value)
  • GF Score™: 58/100 with 6 warning signs

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


Vikas EcoTech Business Description

Other Exchanges 530961:India
Address 34/1, Vikas Apartments, East Punjabi Bagh, New Delhi, IND, 110026
Vikas EcoTech Ltd is a specialty chemicals company. The company is engaged in the business of manufacturing and distribution of specialty additives including agrochemicals and rubber-plastic and polymer compounds. The Company has identified three business segments which are Infra & Energy, Chemical, Polymers & Special Additives. Its polymer compounds offering includes thermoplastic rubber (TPR), thermoplastic elastomer (TPE), Ethylene Vinyl Acetate (EVA), impact modifiers, Polyethylene (PE), and Polypropylene (PP).
58GF Score

Get the complete analysis for NSE:VIKASECO

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

₹1.08
Price
₹3.02
GF Value