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Bank of India (BOM:532149) Cyclically Adjusted Book per Share : ₹326.68 (As of Mar. 2025)


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What is Bank of India 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.

Bank of India's adjusted book value per share for the three months ended in Mar. 2025 was ₹177.315. 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 ₹326.68 for the trailing ten years ended in Mar. 2025.

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), Bank of India's current stock price is ₹121.90. Bank of India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹326.68. Bank of India's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank of India was 0.37. The lowest was 0.28. And the median was 0.32.


Bank of India Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bank of India'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.

Bank of India Cyclically Adjusted Book per Share Chart

Bank of India 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 - - - - 326.68

Bank of India 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 - - - 332.72 326.68

Competitive Comparison of Bank of India's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Bank of India'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.


Bank of India's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Bank of India 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, Bank of India'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)
=177.315/157.5517*157.5517
=177.315

Current CPI (Mar. 2025) = 157.5517.

Bank of India Quarterly Data

Book Value per Share CPI Adj_Book
200603 105.265 45.521 364.329
200703 123.651 48.581 401.006
200803 216.847 52.407 651.912
200903 260.026 56.615 723.621
201003 275.039 65.030 666.349
201103 322.028 70.768 716.933
201203 373.209 76.889 764.738
201303 410.655 85.687 755.067
201403 479.145 91.425 825.706
201503 489.132 97.163 793.138
201603 408.372 102.518 627.592
201703 318.853 105.196 477.545
201803 210.883 109.786 302.633
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 172.696 118.202 230.187
201906 0.000 120.880 0.000
201909 147.315 123.175 188.429
201912 148.367 126.235 185.174
202003 137.547 124.705 173.776
202006 140.486 127.000 174.282
202009 141.640 130.118 171.503
202012 143.543 130.889 172.783
202103 152.522 131.771 182.363
202106 137.484 134.084 161.547
202109 132.506 135.847 153.677
202112 134.684 138.161 153.587
202203 134.350 138.822 152.477
202206 139.831 142.347 154.767
202209 140.949 144.661 153.509
202212 144.137 145.763 155.794
202303 147.269 146.865 157.986
202306 150.485 150.280 157.767
202309 152.174 151.492 158.261
202312 151.409 152.924 155.991
202403 155.033 153.035 159.609
202406 155.501 155.789 157.261
202409 162.176 157.882 161.837
202412 167.576 158.323 166.760
202503 177.315 157.552 177.315

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


Bank of India  (BOM:532149) 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.

Bank of India's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=121.90/326.68
=0.37

* 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 Bank of India was 0.37. The lowest was 0.28. And the median was 0.32.


Be Aware

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


Bank of India Cyclically Adjusted Book per Share Related Terms

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


Bank of India Business Description

Industry
Traded in Other Exchanges
Address
Bandra Kurla Complex, Star House, C-5, G Block, Bandra (East), Mumbai, MH, IND, 400051
Bank of India Limited is a provider of banking products and services headquartered in Mumbai, India. The bank provides services within India and internationally and generates the majority of its revenue domestically. Structurally, the bank is organized into the following segments; Treasury operations deals in government securities, money market, and foreign exchange transactions. Wholesale banking operations offers loans, trade finance, project finance, syndication, mutual funds, and portfolio management. Retail banking operations include home, education, and personal loans, savings and current accounts, overdrafts, and deposits; and other banking operations.

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