Market Creators (BOM:526891) Cyclically Adjusted Book per Share: ₹12.54 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:526891 Market Creators Ltd BOM:526891
52 GF Score
Price ₹15.43
GF Value ₹7.25
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Market Creators Cyclically Adjusted Book per Share?

Market Creators BOM:526891 52 Cyclically Adjusted Book per Share is ₹12.54 as of Mar. 2026. GuruFocus rates BOM:526891 with a GF Score™ of 52/100 and a GF Value™ of ₹7.25 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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.

Market Creators's adjusted book value per share for the three months ended in Mar. 2026 was ₹10.040. 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 ₹12.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Market Creators's average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.40% 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 Market Creators was -2.20% per year. The lowest was -2.60% per year. And the median was -2.50% per year.

As of today (2026-07-17), Market Creators's current stock price is ₹15.43. Market Creators's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹12.54. Market Creators's Cyclically Adjusted PB Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Market Creators was 1.42. The lowest was 0.23. And the median was 0.73.


Market Creators  (BOM:526891) 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.

Market Creators's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.43/12.54
=1.23

* 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 Market Creators was 1.42. The lowest was 0.23. And the median was 0.73.


Be Aware

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


Market Creators Cyclically Adjusted Book per Share Related Terms


Market Creators Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Market Creators'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.

Market Creators Cyclically Adjusted Book per Share Chart

Market Creators Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.71 13.53 13.16 12.68 12.54

Market Creators Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.68 0.00 12.68 0.00 12.54

BOM:526891 vs MS, GS, SCHW: Cyclically Adjusted Book per Share Comparison

For the Capital Markets subindustry, Market Creators'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.


Market Creators Cyclically Adjusted PB Ratio vs Capital Markets Industry

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

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


BOM:526891
52GF Score
Market Creators Ltd BOM:526891
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Market Creators 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, Market Creators's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=10.04/164.2724*164.2724
=10.040

Current CPI (Mar. 2026) = 164.2724.

Market Creators Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 9.943 105.961 15.415
201612 0.000 105.196 0.000
201703 10.192 105.196 15.916
201706 0.000 107.109 0.000
201709 11.026 109.021 16.614
201712 0.000 109.404 0.000
201803 10.106 109.786 15.122
201806 0.000 111.317 0.000
201809 10.083 115.142 14.385
201812 0.000 115.142 0.000
201903 10.114 118.202 14.056
201906 0.000 120.880 0.000
201909 9.894 123.175 13.195
201912 0.000 126.235 0.000
202003 10.127 124.705 13.340
202006 0.000 127.000 0.000
202009 9.095 130.118 11.482
202012 0.000 130.889 0.000
202103 9.079 131.771 11.318
202106 0.000 134.084 0.000
202109 9.843 135.847 11.903
202112 0.000 138.161 0.000
202203 10.015 138.822 11.851
202206 0.000 142.347 0.000
202209 10.261 144.661 11.652
202212 0.000 145.763 0.000
202303 10.103 146.865 11.301
202306 0.000 150.280 0.000
202309 10.122 151.492 10.976
202312 0.000 152.924 0.000
202403 10.072 153.035 10.812
202406 0.000 155.789 0.000
202409 10.375 157.882 10.795
202412 0.000 158.323 0.000
202503 10.239 157.552 10.676
202506 0.000 159.755 0.000
202509 9.897 162.289 10.018
202512 0.000 163.281 0.000
202603 10.040 164.272 10.040

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

What does a Cyclically Adjusted Book per Share of ₹12.54 mean?
Market Creators (BOM:526891) has a Cyclically Adjusted Book per Share of ₹12.54 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Market Creators and its competitors.
Is Market Creators' Cyclically Adjusted Book per Share too high?
Market Creators' current Cyclically Adjusted Book per Share is ₹12.54. Overall, Market Creators has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Market Creators' Cyclically Adjusted Book per Share compare to MS and GS?
Market Creators' Cyclically Adjusted Book per Share of ₹12.54 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Capital Markets company?
A good Cyclically Adjusted Book per Share depends on the Capital Markets industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Market Creators and its competitors. Market Creators's current Cyclically Adjusted Book per Share is ₹12.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Market Creators stock overvalued right now?
Based on GuruFocus' analysis, Market Creators (BOM:526891) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹7.25, compared to a current price of ₹15.43 — trading 112.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₹12.54. Market Creators' overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Market Creators (BOM:526891), the current Cyclically Adjusted Book per Share is ₹12.54 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Market Creators (BOM:526891) Overvalued in 2026?

Based on GuruFocus' analysis, Market Creators stock appears to be overvalued. The current stock price of ₹15.43 is trading 112.8% above its estimated GF Value™ of ₹7.25. GuruFocus considers Market Creators to be Significantly Overvalued.

Key valuation signals for BOM:526891:

  • Cyclically Adjusted Book per Share: ₹12.54
  • GF Value™: ₹7.25 vs. price of ₹15.43 (112.8% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the BOM:526891 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Market Creators Business Description

Address Productivity Road, Creative Castle, 70, Sampatrao Colony, Opposite Masonic Hall, Vadodara, GJ, IND, 390007
Market Creators Ltd is engaged in providing advice-based broking, E-broking services, depository services, commodities trading, initial public offering, and mutual fund investment advisory services. Its operating segments include Direct Equity Broking & Trading, which serves clients who seek efficient market access, reliable execution, and equity advisory; and Financial Products Distribution, which provides access to mutual funds, bonds, and other investment vehicles that support portfolio diversification and long-term wealth accumulation.
52GF Score

Get the complete analysis for BOM:526891

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹15.43
Price
₹7.25
GF Value