Qgo Finance (BOM:538646) Cyclically Adjusted Book per Share: ₹21.03 (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.
Reviewed by: Charlie Tian Charlie Tian
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:538646 Qgo Finance Ltd BOM:538646
72 GF Score
Price ₹41.19
GF Value ₹72.14
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Qgo Finance Cyclically Adjusted Book per Share?

Qgo Finance BOM:538646 -1.72% 72 Cyclically Adjusted Book per Share is ₹21.03 as of Mar. 2026. GuruFocus rates BOM:538646 with a GF Score™ of 72/100 and a GF Value™ of ₹72.14 (Possible Value Trap). The stock has 5 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.

Qgo Finance's adjusted book value per share for the three months ended in Mar. 2026 was ₹30.413. 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 ₹21.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Qgo Finance's average Cyclically Adjusted Book Growth Rate was 7.20% 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 (2026-07-19), Qgo Finance's current stock price is ₹41.19. Qgo Finance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹21.03. Qgo Finance's Cyclically Adjusted PB Ratio of today is 1.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Qgo Finance was 3.78. The lowest was 1.84. And the median was 2.74.


Qgo Finance  (BOM:538646) 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.

Qgo Finance's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.19/21.03
=1.96

* 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 Qgo Finance was 3.78. The lowest was 1.84. And the median was 2.74.


Be Aware

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


Qgo Finance Cyclically Adjusted Book per Share Related Terms


Qgo Finance Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Qgo Finance'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.

Qgo Finance Cyclically Adjusted Book per Share Chart

Qgo Finance 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 0.00 0.00 18.71 19.62 21.03

Qgo Finance 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 19.62 0.00 20.44 0.00 21.03

BOM:538646 vs V, MA, AXP: Cyclically Adjusted Book per Share Comparison

For the Credit Services subindustry, Qgo Finance'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.


Qgo Finance Cyclically Adjusted PB Ratio vs Credit Services Industry

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

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


BOM:538646
72GF Score
Qgo Finance Ltd BOM:538646
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qgo Finance 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, Qgo Finance'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)
=30.413/164.2724*164.2724
=30.413

Current CPI (Mar. 2026) = 164.2724.

Qgo Finance Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 13.221 105.961 20.497
201612 0.000 105.196 0.000
201703 13.098 105.196 20.454
201706 0.000 107.109 0.000
201709 13.219 109.021 19.918
201712 0.000 109.404 0.000
201803 13.217 109.786 19.776
201806 0.000 111.317 0.000
201809 11.755 115.142 16.771
201812 0.000 115.142 0.000
201903 12.433 118.202 17.279
201906 0.000 120.880 0.000
201909 12.962 123.175 17.287
201912 0.000 126.235 0.000
202003 13.588 124.705 17.899
202006 0.000 127.000 0.000
202009 14.230 130.118 17.965
202012 14.557 130.889 18.270
202103 14.908 131.771 18.585
202106 15.279 134.084 18.719
202109 15.717 135.847 19.006
202112 16.192 138.161 19.252
202203 16.666 138.822 19.721
202206 17.206 142.347 19.856
202209 17.776 144.661 20.186
202212 18.299 145.763 20.623
202303 18.845 146.865 21.079
202306 19.493 150.280 21.308
202309 20.244 151.492 21.952
202312 21.089 152.924 22.654
202403 22.208 153.035 23.839
202406 23.332 155.789 24.603
202409 24.280 157.882 25.263
202412 0.000 158.323 0.000
202503 26.047 157.552 27.158
202506 0.000 159.755 0.000
202509 28.083 162.289 28.426
202512 0.000 163.281 0.000
202603 30.413 164.272 30.413

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 ₹21.03 mean?
Qgo Finance (BOM:538646) has a Cyclically Adjusted Book per Share of ₹21.03 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 Qgo Finance and its competitors.
Is Qgo Finance's Cyclically Adjusted Book per Share too high?
Qgo Finance's current Cyclically Adjusted Book per Share is ₹21.03. Overall, Qgo Finance has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Qgo Finance's Cyclically Adjusted Book per Share compare to V and MA?
Qgo Finance's Cyclically Adjusted Book per Share of ₹21.03 can be compared against companies in the Credit Services 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 Credit Services company?
A good Cyclically Adjusted Book per Share depends on the Credit Services 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 Qgo Finance and its competitors. Qgo Finance's current Cyclically Adjusted Book per Share is ₹21.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qgo Finance stock overvalued right now?
Based on GuruFocus' analysis, Qgo Finance (BOM:538646) is currently considered Possible Value Trap. The stock's GF Value™ is ₹72.14, compared to a current price of ₹41.19 — trading 42.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹21.03. Qgo Finance's overall GF Score™ is 72/100 with 5 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 Qgo Finance (BOM:538646), the current Cyclically Adjusted Book per Share is ₹21.03 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 Qgo Finance (BOM:538646) Overvalued in 2026?

Based on GuruFocus' analysis, Qgo Finance stock appears to be undervalued. The current stock price of ₹41.19 is trading 42.9% below its estimated GF Value™ of ₹72.14. GuruFocus considers Qgo Finance to be Possible Value Trap.

Key valuation signals for BOM:538646:

  • Cyclically Adjusted Book per Share: ₹21.03
  • GF Value™: ₹72.14 vs. price of ₹41.19 (42.9% below fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the BOM:538646 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qgo Finance Business Description

Address TTC Industrial Area, 3rd Floor, A-514, MIDC, Mahape, Navi Mumbai, Thane, MH, IND, 400701
Qgo Finance Ltd is a Non-Banking Finance Company. It offers business loans, project finance loans, personal loans, and gold loans among others. The firm derives revenue in the form of interest from financial services provided. Geographically, the company operates in India. The company also provides services such as consultancy and advisory services, service/funding for Project loan, and peripheral tier-I satellite cities (presently in MMR).
72GF Score

Get the complete analysis for BOM:538646

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

₹41.19
Price
₹72.14
GF Value