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Bank of Maharashtra (BOM:532525) Cyclically Adjusted Book per Share : ₹59.30 (As of Mar. 2025)


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What is Bank of Maharashtra 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 Maharashtra's adjusted book value per share for the three months ended in Mar. 2025 was ₹37.324. 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 ₹59.30 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Bank of Maharashtra's average Cyclically Adjusted Book Growth Rate was -10.90% 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 (2025-05-20), Bank of Maharashtra's current stock price is ₹53.11. Bank of Maharashtra's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹59.30. Bank of Maharashtra's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank of Maharashtra was 1.04. The lowest was 0.73. And the median was 0.84.


Bank of Maharashtra Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bank of Maharashtra'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 Maharashtra Cyclically Adjusted Book per Share Chart

Bank of Maharashtra 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 - - - 66.45 59.30

Bank of Maharashtra 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 66.45 - 64.83 62.18 59.30

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

For the Banks - Regional subindustry, Bank of Maharashtra'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 Maharashtra's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Bank of Maharashtra 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 Maharashtra'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)
=37.324/157.5517*157.5517
=37.324

Current CPI (Mar. 2025) = 157.5517.

Bank of Maharashtra Quarterly Data

Book Value per Share CPI Adj_Book
200903 58.674 56.615 163.283
201003 66.602 65.030 161.360
201103 82.711 70.768 184.140
201112 0.000 75.359 0.000
201203 80.428 76.889 164.804
201212 0.000 83.774 0.000
201303 97.144 85.687 178.618
201403 88.306 91.425 152.177
201503 76.401 97.163 123.886
201603 75.836 102.518 116.546
201703 63.928 105.196 95.745
201803 38.742 109.786 55.598
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 21.368 118.202 28.481
201906 18.203 120.880 23.725
201909 18.416 123.175 23.556
201912 18.641 126.235 23.265
202003 18.731 124.705 23.665
202006 18.912 127.000 23.462
202009 18.272 130.118 22.124
202012 18.510 130.889 22.281
202103 18.762 131.771 22.433
202106 19.088 134.084 22.429
202109 19.612 135.847 22.745
202112 20.072 138.161 22.889
202203 20.893 138.822 23.712
202206 21.566 142.347 23.869
202209 22.360 144.661 24.352
202212 23.512 145.763 25.414
202303 23.461 146.865 25.168
202306 24.958 150.280 26.166
202309 26.257 151.492 27.307
202312 27.724 152.924 28.563
202403 28.060 153.035 28.888
202406 0.000 155.789 0.000
202409 32.325 157.882 32.257
202412 36.071 158.323 35.895
202503 37.324 157.552 37.324

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


Bank of Maharashtra  (BOM:532525) 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 Maharashtra's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.11/59.30
=0.90

* 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 Maharashtra was 1.04. The lowest was 0.73. And the median was 0.84.


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 Maharashtra Cyclically Adjusted Book per Share Related Terms

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


Bank of Maharashtra Business Description

Industry
Traded in Other Exchanges
Address
Lokmangal, 1501, Shivaji Nagar, Pune, MH, IND, 411005
Bank of Maharashtra is an Indian banking corporation. The bank provides various deposit schemes such as saving account, current account, term deposit, and capital gain accounts. It also provides credit facilities such as term loans, overdrafts, letters of credit, guarantees, and other credit facilities. The bank organizes its business in four segments namely Treasury; Corporate/Wholesale banking; Retail banking; and Other banking operations. Its Treasury segments include investment, balances with banks outside India, interest accrued on investments; corporate banking segment include all advances to trusts, partnership firms, companies, and statutory bodies; retail banking include exposure to the individuals and small business. The bank principally generates revenue within India.

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