Welspun Enterprises (NSE:WELENT) Cyclically Adjusted PB Ratio: (As of Aug. 28, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:WELENT Welspun Enterprises Ltd NSE:WELENT
86 GF Score
Price ₹676.60
GF Value ₹510.30
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Welspun Enterprises Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Welspun Enterprises  (NSE:WELENT) 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.


Welspun Enterprises Cyclically Adjusted PB Ratio Related Terms


Welspun Enterprises Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Welspun Enterprises'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.

Welspun Enterprises Cyclically Adjusted PB Ratio Chart

Welspun Enterprises 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 0.50 0.87 2.12 3.31 2.63

Welspun Enterprises 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 3.32 0.00 2.63 0.00

NSE:WELENT vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Welspun Enterprises'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.


Welspun Enterprises Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Welspun Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:WELENT
86GF Score
Welspun Enterprises Ltd NSE:WELENT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Welspun Enterprises 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.

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

For example, Welspun Enterprises'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.

Welspun Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 85.436 105.196 135.921
201706 0.000 107.109 0.000
201709 100.118 109.021 153.690
201712 0.000 109.404 0.000
201803 90.738 109.786 138.320
201806 0.000 111.317 0.000
201809 93.282 115.142 135.584
201812 0.000 115.142 0.000
201903 98.163 118.202 138.985
201906 0.000 120.880 0.000
201909 98.603 123.175 133.971
201912 0.000 126.235 0.000
202003 106.390 124.705 142.778
202006 0.000 127.000 0.000
202009 107.860 130.118 138.729
202012 0.000 130.889 0.000
202103 113.155 131.771 143.714
202106 0.000 134.084 0.000
202109 114.977 135.847 141.646
202112 0.000 138.161 0.000
202203 120.317 138.822 145.049
202206 0.000 142.347 0.000
202209 130.739 144.661 151.251
202212 0.000 145.763 0.000
202303 157.085 146.865 179.004
202306 0.000 150.280 0.000
202309 157.501 151.492 173.996
202312 0.000 152.924 0.000
202403 170.193 153.035 186.122
202406 0.000 155.789 0.000
202409 178.541 157.882 189.256
202412 0.000 158.323 0.000
202503 185.802 157.552 197.366
202506 0.000 159.755 0.000
202509 196.134 162.289 202.259
202512 0.000 163.281 0.000
202603 224.469 164.272 228.684
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 Welspun Enterprises (NSE:WELENT) Overvalued in 2026?

Based on GuruFocus' analysis, Welspun Enterprises stock appears to be overvalued. The current stock price of ₹676.60 is trading 32.6% above its estimated GF Value™ of ₹510.30. GuruFocus considers Welspun Enterprises to be Significantly Overvalued.

Key valuation signals for NSE:WELENT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹510.30 vs. price of ₹676.60 (32.6% above fair value)
  • GF Score™: 86/100 with 9 warning signs

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


Welspun Enterprises Business Description

Other Exchanges 532553:India
Address Senapati Bapat Marg, Welspun House, Kamala Mills Compound, 6th Floor, Lower Parel (West), Mumbai, MH, IND, 400 013
Welspun Enterprises Ltd is an India-based company, engaged in road transport, water, tunneling, and rehabilitation infrastructure development (Engineering, procurement and construction (EPC), Hybrid Annuity Model (HAM), and Build, Operate and Transfer (BOT) basis) and oil and gas exploration activities. It is also engaged in carrying out Operation and maintenance (O&M) activities. The company operates through the segments of Transport, Water, and Tunneling and Rehabilitation. The firm generates maximum revenue from the Transport segment.
86GF Score

Get the complete analysis for NSE:WELENT

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

₹676.60
Price
₹510.30
GF Value