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Central Bank of India (BOM:532885) Cyclically Adjusted Book per Share : ₹117.27 (As of Mar. 2025)


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What is Central 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.

Central Bank of India's adjusted book value per share for the three months ended in Mar. 2025 was ₹40.747. 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 ₹117.27 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Central Bank of India's average Cyclically Adjusted Book Growth Rate was -9.80% 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 (2025-06-02), Central Bank of India's current stock price is ₹38.94. Central Bank of India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹117.27. Central Bank of India's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Central Bank of India was 0.51. The lowest was 0.29. And the median was 0.45.


Central Bank of India Cyclically Adjusted Book per Share Historical Data

The historical data trend for Central 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.

Central Bank of India Cyclically Adjusted Book per Share Chart

Central 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 - - - 129.98 117.27

Central 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 129.98 129.26 126.80 122.54 117.27

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

For the Banks - Regional subindustry, Central 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.


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

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

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


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Central 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, Central 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)
=40.747/157.5517*157.5517
=40.747

Current CPI (Mar. 2025) = 157.5517.

Central Bank of India Quarterly Data

Book Value per Share CPI Adj_Book
200703 79.696 48.581 258.458
200803 126.019 52.407 378.854
200903 137.404 56.615 382.379
201003 166.562 65.030 403.537
201103 232.291 70.768 517.151
201203 150.049 76.889 307.464
201303 133.273 85.687 245.048
201403 106.582 91.425 183.672
201503 106.948 97.163 173.418
201603 109.531 102.518 168.329
201703 95.740 105.196 143.389
201803 69.555 109.786 99.817
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 47.925 118.202 63.879
201906 47.252 120.880 61.587
201909 55.872 123.175 71.465
201912 40.661 126.235 50.748
202003 37.719 124.705 47.654
202006 37.977 127.000 47.113
202009 37.558 130.118 45.477
202012 37.838 130.889 45.546
202103 45.097 131.771 53.920
202106 30.811 134.084 36.204
202109 31.043 135.847 36.003
202112 31.368 138.161 35.771
202203 31.736 138.822 36.018
202206 32.046 142.347 35.469
202209 32.439 144.661 35.330
202212 32.975 145.763 35.642
202303 33.656 146.865 36.105
202306 34.226 150.280 35.882
202309 34.943 151.492 36.341
202312 35.789 152.924 36.872
202403 37.294 153.035 38.395
202406 37.229 155.789 37.650
202409 38.589 157.882 38.508
202412 39.468 158.323 39.276
202503 40.747 157.552 40.747

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


Central Bank of India  (BOM:532885) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.94/117.27
=0.33

* 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 Central Bank of India was 0.51. The lowest was 0.29. And the median was 0.45.


Be Aware

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


Central Bank of India Cyclically Adjusted Book per Share Related Terms

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


Central Bank of India Business Description

Industry
Traded in Other Exchanges
Address
Chander Mukhi Building, 9th Floor, Nariman Point, Mumbai, MH, IND, 400021
Central Bank of India is a commercial bank based in India. Its business comprises predominantly corporate and retail banking operations, which it provides through its network of branches and online platforms. Its retail banking operations comprise deposits, loans and digital banking services, agri-banking and debit and credit card facilities tailor-made for individual customers and its corporate banking products serve institutional and corporate customers. Its other business lines are treasury and other banking operations which involves dealing in Government and other securities money market operations and forex operations.

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