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Munoth Capital Market (BOM:511200) Cyclically Adjusted PB Ratio : 12.86 (As of Jun. 05, 2024)


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What is Munoth Capital Market Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Munoth Capital Market's current share price is ₹98.80. Munoth Capital Market's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹7.68. Munoth Capital Market's Cyclically Adjusted PB Ratio for today is 12.86.

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

BOM:511200' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.15   Med: 9.92   Max: 25.65
Current: 12.86

During the past years, Munoth Capital Market's highest Cyclically Adjusted PB Ratio was 25.65. The lowest was 3.15. And the median was 9.92.

BOM:511200's Cyclically Adjusted PB Ratio is not ranked
in the Capital Markets industry.
Industry Median: 1.17 vs BOM:511200: 12.86

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.

Munoth Capital Market's adjusted book value per share data for the three months ended in Mar. 2024 was ₹6.116. 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 ₹7.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Munoth Capital Market Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Munoth Capital Market'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.

* Premium members only.

Munoth Capital Market Cyclically Adjusted PB Ratio Chart

Munoth Capital Market Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.15 7.71 19.32 25.70

Munoth Capital Market Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.32 - 9.73 - 25.70

Competitive Comparison of Munoth Capital Market's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Munoth Capital Market'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.


Munoth Capital Market's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Munoth Capital Market's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Munoth Capital Market's Cyclically Adjusted PB Ratio falls into.



Munoth Capital Market 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.

Munoth Capital Market's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=98.80/7.68
=12.86

* 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.

Munoth Capital Market's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Munoth Capital Market's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.116/153.0345*153.0345
=6.116

Current CPI (Mar. 2024) = 153.0345.

Munoth Capital Market Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 7.783 96.780 12.307
201412 0.000 96.780 0.000
201503 6.776 97.163 10.672
201506 0.000 99.841 0.000
201509 5.914 101.753 8.895
201512 0.000 102.901 0.000
201603 8.919 102.518 13.314
201606 0.000 105.961 0.000
201609 5.280 105.961 7.626
201612 0.000 105.196 0.000
201703 8.945 105.196 13.013
201706 0.000 107.109 0.000
201709 5.397 109.021 7.576
201712 0.000 109.404 0.000
201803 5.306 109.786 7.396
201806 0.000 111.317 0.000
201809 5.275 115.142 7.011
201812 0.000 115.142 0.000
201903 5.101 118.202 6.604
201906 0.000 120.880 0.000
201909 5.074 123.175 6.304
201912 0.000 126.235 0.000
202003 5.151 124.705 6.321
202006 0.000 127.000 0.000
202009 5.189 130.118 6.103
202012 0.000 130.889 0.000
202103 5.247 131.771 6.094
202106 0.000 134.084 0.000
202109 5.323 135.847 5.996
202112 0.000 138.161 0.000
202203 5.425 138.822 5.980
202206 0.000 142.347 0.000
202209 5.408 144.661 5.721
202212 0.000 145.763 0.000
202303 5.135 146.865 5.351
202306 0.000 150.280 0.000
202309 5.170 151.492 5.223
202312 0.000 152.924 0.000
202403 6.116 153.035 6.116

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.


Munoth Capital Market  (BOM:511200) 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.


Munoth Capital Market Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Munoth Capital Market's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Munoth Capital Market (BOM:511200) Business Description

Traded in Other Exchanges
N/A
Address
S.G. Road, Shanti Nivas - Office Building, Opposite Shapath V, Near Karnavati Club, Ahmedabad, GJ, IND, 380058
Munoth Capital Market Ltd is engaged in providing financial services including broking, retail, investment, finance, and equity research. It offers various services which include advice-based broking desk, depository service, hedge fund, and margin funding. The company also offers a range of alternative and traditional investment strategies for institutions, private investors, and individuals. It derives prime revenue from brokerage activities.

Munoth Capital Market (BOM:511200) Headlines

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