Wonder Electricals (NSE:WEL) Cyclically Adjusted PB Ratio: 35.21 (As of Aug. 16, 2026) — 42% Above Median

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NSE:WEL Wonder Electricals Ltd NSE:WEL
81 GF Score
Price ₹145.05
GF Value ₹127.19
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Wonder Electricals Cyclically Adjusted PB Ratio?

Wonder Electricals NSE:WEL +3.61% 81 Cyclically Adjusted PB Ratio is 35.21 as of Aug. 16, 2026, which is 42% above its 10-year median of 24.74. GuruFocus rates NSE:WEL with a GF Score™ of 81/100 and a GF Value™ of ₹127.19 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 324 Furnishings, Fixtures & Appliances companies, Wonder Electricals ranks worse than 99.07% on this metric.

As of today (2026-08-16), Wonder Electricals's current share price is ₹145.05. Wonder Electricals's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹4.12. Wonder Electricals's Cyclically Adjusted PB Ratio for today is 35.21.

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

NSE:WEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 19.49   Med: 24.74   Max: 35.22
Current: 35.22

During the past 10 years, Wonder Electricals's highest Cyclically Adjusted PB Ratio was 35.22. The lowest was 19.49. And the median was 24.74.

NSE:WEL's Cyclically Adjusted PB Ratio is ranked worse than
99.07% of 324 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.185 vs NSE:WEL: 35.22

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.

Wonder Electricals's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹6.629. 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 ₹4.12 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wonder Electricals  (NSE:WEL) 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.


Wonder Electricals Cyclically Adjusted PB Ratio Related Terms


Wonder Electricals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wonder Electricals'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.

Wonder Electricals Cyclically Adjusted PB Ratio Chart

Wonder Electricals 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 0.00 0.00 0.00 23.30

Wonder Electricals 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 0.00 0.00 0.00 0.00 23.30

NSE:WEL vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Wonder Electricals'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.


Wonder Electricals Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Wonder Electricals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:WEL
81GF Score
Wonder Electricals Ltd NSE:WEL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wonder Electricals 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.

Wonder Electricals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=145.05/4.12
=35.21

* 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.

Wonder Electricals's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Wonder Electricals's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=6.629/164.2724*164.2724
=6.629

Current CPI (Mar26) = 164.2724.

Wonder Electricals Annual Data

Book Value per Share CPI Adj_Book
201703 0.440 105.196 0.687
201803 1.035 109.786 1.549
201903 1.493 118.202 2.075
202003 3.193 124.705 4.206
202103 3.537 131.771 4.409
202203 3.996 138.822 4.729
202303 4.449 146.865 4.976
202403 5.070 153.035 5.442
202503 6.212 157.552 6.477
202603 6.629 164.272 6.629

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 35.21 mean?
Wonder Electricals (NSE:WEL) has a Cyclically Adjusted PB Ratio of 35.21 as of Aug. 16, 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 Wonder Electricals and its competitors. This is 42% above median its historical median of 24.74. Over the past decade, Wonder Electricals' Cyclically Adjusted PB Ratio has ranged from 19.49 to 35.22. According to the industry distribution chart, Wonder Electricals ranks #321 out of 324 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 99.1%.
Is Wonder Electricals' Cyclically Adjusted PB Ratio too high?
Wonder Electricals' current Cyclically Adjusted PB Ratio of 35.21 is 42% above median its 10-year median of 24.74. Over the past 10 years, this metric has ranged from a low of 19.49 to a high of 35.22. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.19. Wonder Electricals' value of 35.21 is 2871.3% above this industry median. Based on the distribution chart, Wonder Electricals ranks #321 out of 324 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Wonder Electricals has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wonder Electricals' Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Wonder Electricals ranks #321 out of 324 companies for Cyclically Adjusted PB Ratio. This places Wonder Electricals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Wonder Electricals' value of 35.21 is 2871.3% above this benchmark. Historically, Wonder Electricals' own Cyclically Adjusted PB Ratio has ranged from 19.49 to 35.22 over the past decade. While the company's 10-year median is 24.74 vs. the industry median of 1.19, Wonder Electricals has consistently been above 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.19, based on 324 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. Wonder Electricals's current Cyclically Adjusted PB Ratio of 35.21 is 2871.3% above 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 Wonder Electricals and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wonder Electricals's current Cyclically Adjusted PB Ratio is 35.21, which is 42% above median its own 10-year median of 24.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wonder Electricals stock overvalued right now?
Based on GuruFocus' analysis, Wonder Electricals (NSE:WEL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹127.19, compared to a current price of ₹145.05 — trading 14% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 35.21, which is 42% above median its 10-year median of 24.74 and 2871.3% above the Furnishings, Fixtures & Appliances industry median of 1.19. Wonder Electricals' overall GF Score™ is 81/100 with 4 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 Wonder Electricals (NSE:WEL), the current Cyclically Adjusted PB Ratio is 35.21 as of Aug. 16, 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 Wonder Electricals (NSE:WEL) Overvalued in 2026?

Based on GuruFocus' analysis, Wonder Electricals stock appears to be overvalued. The current stock price of ₹145.05 is trading 14% above its estimated GF Value™ of ₹127.19. GuruFocus considers Wonder Electricals to be Modestly Overvalued.

Key valuation signals for NSE:WEL:

  • Cyclically Adjusted PB Ratio: 35.21 (42% above median its 10-year median of 24.74)
  • GF Value™: ₹127.19 vs. price of ₹145.05 (14% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 2871.3% above the Furnishings, Fixtures & Appliances median (#321 of 324)

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


Wonder Electricals Business Description

Other Exchanges 543449:India
Address Phase-III, Plot no. 45, Ground Floor, Okhla Industrial Estate, New Delhi, IND, 110020
Wonder Electricals Ltd is engaged in providing manufacturing solutions to companies in the fan manufacturing industry in India. It offers integrated design and manufacturing solutions for local and internationally recognized consumer durable fan brands. The products manufactured by the company include ceiling fans, exhaust, pedestal, brushless DC fans, etc.
81GF Score

Get the complete analysis for NSE:WEL

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

₹145.05
Price
₹127.19
GF Value