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India Home Loan (BOM:530979) Cyclically Adjusted PB Ratio : (As of May. 20, 2024)


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What is India Home Loan Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


India Home Loan Cyclically Adjusted PB Ratio Historical Data

The historical data trend for India Home Loan'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.

India Home Loan Cyclically Adjusted PB Ratio Chart

India Home Loan 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 - - 1.62 1.25 1.26

India Home Loan 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 - 1.26 - 0.90 -

Competitive Comparison of India Home Loan's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, India Home Loan'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.


India Home Loan's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



India Home Loan 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.

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

For example, India Home Loan'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.

India Home Loan Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.470 91.425 24.204
201406 0.000 94.103 0.000
201409 15.465 96.780 24.437
201412 0.000 96.780 0.000
201503 15.524 97.163 24.433
201506 0.000 99.841 0.000
201509 15.957 101.753 23.982
201512 0.000 102.901 0.000
201603 16.280 102.518 24.285
201606 0.000 105.961 0.000
201609 13.436 105.961 19.391
201612 0.000 105.196 0.000
201703 21.893 105.196 31.826
201706 0.000 107.109 0.000
201709 22.782 109.021 31.956
201712 0.000 109.404 0.000
201803 21.850 109.786 30.435
201806 0.000 111.317 0.000
201809 25.011 115.142 33.218
201812 0.000 115.142 0.000
201903 24.982 118.202 32.321
201906 0.000 120.880 0.000
201909 25.232 123.175 31.326
201912 0.000 126.235 0.000
202003 26.717 124.705 32.763
202006 0.000 127.000 0.000
202009 26.844 130.118 31.549
202012 0.000 130.889 0.000
202103 27.389 131.771 31.786
202106 0.000 134.084 0.000
202109 28.247 135.847 31.798
202112 0.000 138.161 0.000
202203 30.754 138.822 33.878
202206 0.000 142.347 0.000
202209 31.060 144.661 32.834
202212 0.000 145.763 0.000
202303 31.235 146.865 32.524
202306 0.000 150.280 0.000
202309 31.123 151.492 31.417
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.


India Home Loan  (BOM:530979) 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.


India Home Loan Cyclically Adjusted PB Ratio Related Terms

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India Home Loan (BOM:530979) Business Description

Traded in Other Exchanges
N/A
Address
Jatashankar Dossa Road, 504/504A, 5th Floor, Nirmal Ecstasy, Mulund (West), Mumbai, MH, IND, 400080
India Home Loan Ltd is a housing finance company in India. It offers home loan products for the housing segment. The company provides home loans to individuals and families for the purchase, construction, and extension of residential houses. In addition, it also provides loans for the repair and renovation of houses and offers mortgage loans against residential properties. The main source of revenue for the company is the interest received on loans.

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