Xpro India (NSE:XPROINDIA) Cyclically Adjusted PB Ratio: (As of Aug. 09, 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.
Reviewed by: Charlie Tian Charlie Tian
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:XPROINDIA Xpro India Ltd NSE:XPROINDIA
70 GF Score
Price ₹1,098.80
GF Value ₹1,077.67
Valuation Fairly Valued
! 4 Warning Signs
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What is Xpro India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Xpro India  (NSE:XPROINDIA) 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.


Xpro India Cyclically Adjusted PB Ratio Related Terms


Xpro India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xpro India'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.

Xpro India Cyclically Adjusted PB Ratio Chart

Xpro India 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 6.94

Xpro India 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 8.15 0.00 6.94 0.00

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

For the Specialty Chemicals subindustry, Xpro India'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.


Xpro India Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


NSE:XPROINDIA
70GF Score
Xpro India Ltd NSE:XPROINDIA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xpro India 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.

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

For example, Xpro India'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.

Xpro India Quarterly Data

Book Value per Share CPI Adj_Book
201203 86.515 76.889 186.946
201303 81.556 85.687 158.135
201403 75.626 91.425 137.434
201503 66.787 97.163 114.204
201603 46.521 102.518 75.394
201703 39.203 105.196 61.917
201803 44.898 109.786 67.946
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 46.117 118.202 64.822
201906 0.000 120.880 0.000
201909 45.292 123.175 61.092
201912 0.000 126.235 0.000
202003 46.237 124.705 61.602
202006 0.000 127.000 0.000
202009 41.941 130.118 53.554
202012 0.000 130.889 0.000
202103 50.728 131.771 63.961
202106 0.000 134.084 0.000
202109 59.566 135.847 72.851
202112 0.000 138.161 0.000
202203 97.080 138.822 116.188
202206 0.000 142.347 0.000
202209 115.120 144.661 132.217
202212 0.000 145.763 0.000
202303 128.244 146.865 145.080
202306 0.000 150.280 0.000
202309 166.410 151.492 182.506
202312 0.000 152.924 0.000
202403 254.376 153.035 276.169
202406 0.000 155.789 0.000
202409 261.495 157.882 275.181
202412 0.000 158.323 0.000
202503 273.663 157.552 288.590
202506 0.000 159.755 0.000
202509 292.135 162.289 299.077
202512 0.000 163.281 0.000
202603 323.692 164.272 327.383
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 Xpro India (NSE:XPROINDIA) Overvalued in 2026?

Based on GuruFocus' analysis, Xpro India stock appears to be overvalued. The current stock price of ₹1,098.80 is trading 2% above its estimated GF Value™ of ₹1,077.67. GuruFocus considers Xpro India to be Fairly Valued.

Key valuation signals for NSE:XPROINDIA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,077.67 vs. price of ₹1,098.80 (2% above fair value)
  • GF Score™: 70/100 with 4 warning signs

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


Xpro India Business Description

Other Exchanges 590013:India
Address Barjora-Mejia Road, P.O. Ghutgoria, Tehsil : Barjora, Bankura, WB, IND, 722 202
Xpro India Ltd is a company engaged in the manufacture of semi-finished plastic products. The company's only operating segment being the Polymers Processing business. Geographically, the company operates only in India. Its product portfolio includes Coex Cast Films, Coex Sheets, Dielectric Films, and Thermoformed Liners. The company generates revenue from Coextruded sheets, cast films and liners, and Biaxially oriented films.
70GF Score

Get the complete analysis for NSE:XPROINDIA

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

₹1,098.80
Price
₹1,077.67
GF Value