GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mangal Credit & Fincorp Ltd (BOM:505850) » Definitions » Cyclically Adjusted Book per Share

Mangal Credit & Fincorp (BOM:505850) Cyclically Adjusted Book per Share : ₹64.29 (As of Mar. 2025)


View and export this data going back to 1991. Start your Free Trial

What is Mangal Credit & Fincorp 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.

Mangal Credit & Fincorp's adjusted book value per share for the three months ended in Mar. 2025 was ₹71.924. 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 ₹64.29 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Mangal Credit & Fincorp's average Cyclically Adjusted Book Growth Rate was 4.10% 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.

As of today (2025-06-01), Mangal Credit & Fincorp's current stock price is ₹195.80. Mangal Credit & Fincorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹64.29. Mangal Credit & Fincorp's Cyclically Adjusted PB Ratio of today is 3.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mangal Credit & Fincorp was 3.05. The lowest was 1.61. And the median was 1.85.


Mangal Credit & Fincorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mangal Credit & Fincorp'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.

Mangal Credit & Fincorp Cyclically Adjusted Book per Share Chart

Mangal Credit & Fincorp 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 - - - 61.77 64.29

Mangal Credit & Fincorp 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 61.77 - 64.00 - 64.29

Competitive Comparison of Mangal Credit & Fincorp's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Mangal Credit & Fincorp'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.


Mangal Credit & Fincorp's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mangal Credit & Fincorp's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mangal Credit & Fincorp's Cyclically Adjusted PB Ratio falls into.


;
;

Mangal Credit & Fincorp 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, Mangal Credit & Fincorp's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=71.924/157.5517*157.5517
=71.924

Current CPI (Mar. 2025) = 157.5517.

Mangal Credit & Fincorp Quarterly Data

Book Value per Share CPI Adj_Book
201203 33.804 76.889 69.267
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 0.000 83.774 0.000
201303 37.857 85.687 69.607
201306 0.000 88.365 0.000
201403 38.528 91.425 66.395
201503 40.003 97.163 64.866
201603 42.412 102.518 65.179
201703 44.658 105.196 66.884
201706 0.000 107.109 0.000
201803 41.451 109.786 59.485
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 44.013 118.202 58.665
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 49.125 124.705 62.064
202006 0.000 127.000 0.000
202009 50.696 130.118 61.385
202012 0.000 130.889 0.000
202103 51.661 131.771 61.769
202106 0.000 134.084 0.000
202109 52.665 135.847 61.079
202112 0.000 138.161 0.000
202203 54.843 138.822 62.242
202206 0.000 142.347 0.000
202209 56.212 144.661 61.221
202212 0.000 145.763 0.000
202303 57.960 146.865 62.178
202306 0.000 150.280 0.000
202309 59.476 151.492 61.855
202312 0.000 152.924 0.000
202403 65.094 153.035 67.015
202406 0.000 155.789 0.000
202409 68.578 157.882 68.434
202412 0.000 158.323 0.000
202503 71.924 157.552 71.924

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


Mangal Credit & Fincorp  (BOM:505850) 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.

Mangal Credit & Fincorp's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=195.80/64.29
=3.05

* 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 Mangal Credit & Fincorp was 3.05. The lowest was 1.61. And the median was 1.85.


Be Aware

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


Mangal Credit & Fincorp Cyclically Adjusted Book per Share Related Terms

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


Mangal Credit & Fincorp Business Description

Traded in Other Exchanges
Address
Ram Mandir Road, Graham Firth Steel Compound, Office No-1701/1702, 17th Floor, A-Wing, Lotus Corporate Park, Western Express Highway, Goregaon (East), Mumbai, MH, IND, 400063
Mangal Credit & Fincorp Ltd is a non-banking financial company. The company offers services, including loans and credit facilities, private educational funding, and trade-in money market underwriting stocks and shares. Its products include Gold loans, Personal loans, and SME(small and medium enterprises) loans. Geographically all the operations function through the regions of India. The company generates the majority of its revenue from Interest Income. The company also generates revenue from Fees and commission income.

Mangal Credit & Fincorp Headlines

No Headlines