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Quest Capital Markets (BOM:500069) Cyclically Adjusted Book per Share : ₹627.77 (As of Mar. 2025)


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What is Quest Capital Markets Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Quest Capital Markets's adjusted book value per share data for the fiscal year that ended in Mar. 2025 was ₹1,323.333. 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 ₹627.77 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Quest Capital Markets's average Cyclically Adjusted Book Growth Rate was 28.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 27.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 30.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Quest Capital Markets was 46.10% per year. The lowest was 27.50% per year. And the median was 31.25% per year.

As of today (2025-05-31), Quest Capital Markets's current stock price is ₹ 388.60. Quest Capital Markets's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2025 was ₹627.77. Quest Capital Markets's Cyclically Adjusted PB Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Quest Capital Markets was 1.03. The lowest was 0.27. And the median was 0.64.


Quest Capital Markets Cyclically Adjusted Book per Share Historical Data

The historical data trend for Quest Capital Markets's Cyclically Adjusted Book per Share 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.

Quest Capital Markets Cyclically Adjusted Book per Share Chart

Quest Capital Markets Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 216.41 302.78 380.80 488.38 627.77

Quest Capital Markets Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 488.38 - - - 627.77

Competitive Comparison of Quest Capital Markets's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Quest Capital Markets'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.


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

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

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


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Quest Capital Markets Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Quest Capital Markets's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2025 was:

Adj_Book=Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1323.333/157.5517*157.5517
=1,323.333

Current CPI (Mar. 2025) = 157.5517.

Quest Capital Markets Annual Data

Book Value per Share CPI Adj_Book
201603 50.235 102.518 77.202
201703 57.810 105.196 86.582
201803 458.513 109.786 658.000
201903 451.235 118.202 601.452
202003 228.444 124.705 288.615
202103 482.802 131.771 577.263
202203 816.820 138.822 927.026
202303 673.673 146.865 722.695
202403 986.422 153.035 1,015.539
202503 1,323.333 157.552 1,323.333

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Quest Capital Markets  (BOM:500069) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Quest Capital Markets's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=388.60/627.77
=0.62

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Quest Capital Markets was 1.03. The lowest was 0.27. And the median was 0.64.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Quest Capital Markets Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Quest Capital Markets's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Quest Capital Markets Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Netaji Subhas Road, Duncan House, Kolkata, WB, IND, 700 019
Quest Capital Markets Ltd has diversified activities in financial services and investment counseling. The services of the company includes Securities Broking, Commodities Broking, Online trading in securities, Wealth Management, Distribution services, Depository services, and Other Financial Services. The company serves services in the financial sector, capital markets, and commodities exchanges. Its clients spread from Institutions, Corporate Houses, and High Net worth Investors.

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