VRL Logistics (NSE:VRLLOG) Cyclically Adjusted PB Ratio: (As of Aug. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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:VRLLOG VRL Logistics Ltd NSE:VRLLOG
77 GF Score
Price ₹300.90
GF Value ₹304.33
Valuation Fairly Valued
! 5 Warning Signs
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What is VRL Logistics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


VRL Logistics  (NSE:VRLLOG) 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.


VRL Logistics Cyclically Adjusted PB Ratio Related Terms


VRL Logistics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for VRL Logistics'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.

VRL Logistics Cyclically Adjusted PB Ratio Chart

VRL Logistics 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 0.00 8.34 6.22 4.98 4.55

VRL Logistics 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 5.49 0.00 4.55 0.00

NSE:VRLLOG vs ODFL, XPO, KNX: Cyclically Adjusted PB Ratio Comparison

For the Trucking subindustry, VRL Logistics'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.


VRL Logistics Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, VRL Logistics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:VRLLOG
77GF Score
VRL Logistics Ltd NSE:VRLLOG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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VRL Logistics 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.

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

For example, VRL Logistics'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)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

VRL Logistics Quarterly Data

Book Value per Share CPI Adj_Book
201609 29.377 105.961 46.063
201612 0.000 105.196 0.000
201703 29.659 105.196 46.843
201706 0.000 107.109 0.000
201709 32.712 109.021 49.852
201712 0.000 109.404 0.000
201803 32.831 109.786 49.685
201806 0.000 111.317 0.000
201809 35.360 115.142 51.023
201812 0.000 115.142 0.000
201903 35.749 118.202 50.249
201906 0.000 120.880 0.000
201909 36.836 123.175 49.686
201912 0.000 126.235 0.000
202003 34.140 124.705 45.485
202006 0.000 127.000 0.000
202009 32.322 130.118 41.271
202012 0.000 130.889 0.000
202103 33.796 131.771 42.612
202106 0.000 134.084 0.000
202109 34.210 135.847 41.840
202112 0.000 138.161 0.000
202203 36.881 138.822 44.140
202206 0.000 142.347 0.000
202209 41.466 144.661 47.624
202212 0.000 145.763 0.000
202303 55.230 146.865 62.481
202306 0.000 150.280 0.000
202309 51.959 151.492 56.985
202312 0.000 152.924 0.000
202403 54.065 153.035 58.697
202406 0.000 155.789 0.000
202409 56.851 157.882 59.826
202412 0.000 158.323 0.000
202503 61.997 157.552 65.379
202506 0.000 159.755 0.000
202509 62.634 162.289 64.122
202512 0.000 163.281 0.000
202603 65.306 164.272 66.051
202606 0.000 166.145 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 VRL Logistics (NSE:VRLLOG) Overvalued in 2026?

Based on GuruFocus' analysis, VRL Logistics stock appears to be undervalued. The current stock price of ₹300.90 is trading 1.1% below its estimated GF Value™ of ₹304.33. GuruFocus considers VRL Logistics to be Fairly Valued.

Key valuation signals for NSE:VRLLOG:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹304.33 vs. price of ₹300.90 (1.1% below fair value)
  • GF Score™: 77/100 with 5 warning signs

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


VRL Logistics Business Description

Other Exchanges 539118:India
Address Circuit House Road, Giriraj Annexe, Hubballi, KA, IND, 580029
VRL Logistics Ltd is engaged in the business of logistics services. The company is engaged in the Goods Transport Business segment. The company offers services for the transportation of goods across India using a range of road transportation solutions to its customers, including less than full truck load and full truck load. The company provides courier services for the transportation of small parcels and documents using a range of multi-modal solutions.
77GF Score

Get the complete analysis for NSE:VRLLOG

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

₹300.90
Price
₹304.33
GF Value