GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Arnold Holdings Ltd (BOM:537069) » Definitions » Cyclically Adjusted PB Ratio

Arnold Holdings (BOM:537069) Cyclically Adjusted PB Ratio : 2.18 (As of Jun. 14, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Arnold Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Arnold Holdings's current share price is ₹49.99. Arnold Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹22.94. Arnold Holdings's Cyclically Adjusted PB Ratio for today is 2.18.

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

BOM:537069' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1   Max: 2.22
Current: 2.09

During the past years, Arnold Holdings's highest Cyclically Adjusted PB Ratio was 2.22. The lowest was 0.48. And the median was 1.00.

BOM:537069's Cyclically Adjusted PB Ratio is ranked worse than
86.4% of 956 companies
in the Asset Management industry
Industry Median: 0.8 vs BOM:537069: 2.09

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.

Arnold Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was ₹23.105. 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 ₹22.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arnold Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arnold Holdings'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.

Arnold Holdings Cyclically Adjusted PB Ratio Chart

Arnold Holdings 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 - 1.06 0.50 1.00 1.47

Arnold Holdings 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 1.00 - 0.80 - 1.47

Competitive Comparison of Arnold Holdings's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Arnold Holdings'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.


Arnold Holdings's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Arnold Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arnold Holdings 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.

Arnold Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.99/22.94
=2.18

* 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.

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

For example, Arnold Holdings'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)
=23.105/153.0345*153.0345
=23.105

Current CPI (Mar. 2024) = 153.0345.

Arnold Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 16.814 96.780 26.587
201412 0.000 96.780 0.000
201503 16.752 97.163 26.385
201506 0.000 99.841 0.000
201509 17.067 101.753 25.668
201512 0.000 102.901 0.000
201603 16.970 102.518 25.332
201606 0.000 105.961 0.000
201609 16.855 105.961 24.343
201612 0.000 105.196 0.000
201703 17.012 105.196 24.748
201706 0.000 107.109 0.000
201709 17.719 109.021 24.872
201712 0.000 109.404 0.000
201803 17.141 109.786 23.893
201806 0.000 111.317 0.000
201809 17.463 115.142 23.210
201812 0.000 115.142 0.000
201903 17.235 118.202 22.314
201906 0.000 120.880 0.000
201909 17.576 123.175 21.837
201912 0.000 126.235 0.000
202003 17.756 124.705 21.790
202006 0.000 127.000 0.000
202009 18.052 130.118 21.231
202012 0.000 130.889 0.000
202103 17.985 131.771 20.887
202106 0.000 134.084 0.000
202109 18.320 135.847 20.638
202112 0.000 138.161 0.000
202203 18.487 138.822 20.380
202206 0.000 142.347 0.000
202209 19.315 144.661 20.433
202212 0.000 145.763 0.000
202303 19.753 146.865 20.583
202306 0.000 150.280 0.000
202309 20.303 151.492 20.510
202312 0.000 152.924 0.000
202403 23.105 153.035 23.105

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.


Arnold Holdings  (BOM:537069) 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.


Arnold Holdings Cyclically Adjusted PB Ratio Related Terms

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


Arnold Holdings (BOM:537069) Business Description

Traded in Other Exchanges
N/A
Address
30, Jambulwadi, J.S.S. Road, B-208, Ramji House, Mumbai, MH, IND, 400002
Arnold Holdings Ltd is a non-deposit-taking NBFC operating in India. The company focused in providing inter-corporate loans, personal loans, loans against shares and securities, loans against properties, trade financing, bills discounting, and trading in shares and securities. The company offers financial services to commercial, industrial and financial clients with a one-stop financial solution.

Arnold Holdings (BOM:537069) Headlines

No Headlines