GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sahara Housingfina Corp Ltd (BOM:511533) » Definitions » Cyclically Adjusted PB Ratio

Sahara Housingfina (BOM:511533) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Sahara Housingfina Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sahara Housingfina Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sahara Housingfina'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.

Sahara Housingfina Cyclically Adjusted PB Ratio Chart

Sahara Housingfina Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.55 0.62 0.59

Sahara Housingfina Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.59 - 1.00 -

Competitive Comparison of Sahara Housingfina's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, Sahara Housingfina'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.


Sahara Housingfina's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sahara Housingfina's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sahara Housingfina 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.

Sahara Housingfina's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sahara Housingfina's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Sahara Housingfina Quarterly Data

Book Value per Share CPI Adj_Book
201403 45.759 91.425 76.540
201406 0.000 94.103 0.000
201409 43.819 96.780 69.239
201412 0.000 96.780 0.000
201503 45.214 97.163 71.162
201506 0.000 99.841 0.000
201509 46.637 101.753 70.090
201512 0.000 102.901 0.000
201603 47.905 102.518 71.459
201606 0.000 105.961 0.000
201609 49.313 105.961 71.169
201612 0.000 105.196 0.000
201703 50.729 105.196 73.745
201706 0.000 107.109 0.000
201709 52.800 109.021 74.063
201712 0.000 109.404 0.000
201803 57.435 109.786 80.003
201806 0.000 111.317 0.000
201809 55.884 115.142 74.222
201812 0.000 115.142 0.000
201903 61.141 118.202 79.101
201906 0.000 120.880 0.000
201909 62.755 123.175 77.912
201912 0.000 126.235 0.000
202003 64.125 124.705 78.636
202006 0.000 127.000 0.000
202009 65.565 130.118 77.057
202012 0.000 130.889 0.000
202103 67.160 131.771 77.942
202106 0.000 134.084 0.000
202109 68.469 135.847 77.076
202112 0.000 138.161 0.000
202203 69.773 138.822 76.861
202206 0.000 142.347 0.000
202209 71.100 144.661 75.161
202212 0.000 145.763 0.000
202303 71.834 146.865 74.798
202306 0.000 150.280 0.000
202309 72.905 151.492 73.594
202312 0.000 152.924 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.


Sahara Housingfina  (BOM:511533) 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.


Sahara Housingfina Cyclically Adjusted PB Ratio Related Terms

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


Sahara Housingfina (BOM:511533) Business Description

Traded in Other Exchanges
N/A
Address
46, Dr. Sundari Mohan Avenue, Kolkata, WB, IND, 700014
Sahara Housingfina Corp Ltd is an Indian company engaged in carrying out activities of housing finance companies (Housing Loans and Non-Housing Loan). Its product portfolio includes Individual Housing Loans, Home Improvement Loans, Home Extension loans, Land Loans, Home Loan Plus, Mortgage Loans, Non-Residential Property Loans, Home Loan Enhancement, and Loan Take Over / Balance Transfer. The Company is exclusively engaged in the Housing Finance business and revenues are mainly derived from this activity. The Company's main business is financing by way of loans for the purchase or construction of residential houses, commercial real estate or certain other purposes, in India.

Sahara Housingfina (BOM:511533) Headlines

No Headlines