Muthoot Finance (NSE:MUTHOOTFIN) Cyclically Adjusted Book per Share: ₹ (As of Jun. 2026)

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NSE:MUTHOOTFIN Muthoot Finance Ltd NSE:MUTHOOTFIN
78 GF Score
Price ₹2,841.10
GF Value ₹3,501.47
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Muthoot Finance Cyclically Adjusted Book per Share?

Muthoot Finance NSE:MUTHOOTFIN +2.56% 78 Cyclically Adjusted Book per Share is ₹ as of Jun. 2026. GuruFocus rates NSE:MUTHOOTFIN with a GF Score™ of 78/100 and a GF Value™ of ₹3,501.47 (Modestly Undervalued). The stock has 4 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.

Muthoot Finance's adjusted book value per share for the three months ended in Jun. 2026 was ₹1,027.950. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Muthoot Finance's average Cyclically Adjusted Book Growth Rate was 19.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.60% 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 Muthoot Finance was 21.50% per year. The lowest was 16.60% per year. And the median was 19.05% per year.

As of today (2026-09-21), Muthoot Finance's current stock price is ₹2841.10. Muthoot Finance's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was . Muthoot Finance's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Muthoot Finance was 8.01. The lowest was 2.94. And the median was 4.69.


Muthoot Finance  (NSE:MUTHOOTFIN) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Muthoot Finance was 8.01. The lowest was 2.94. And the median was 4.69.


Be Aware

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


Muthoot Finance Cyclically Adjusted Book per Share Related Terms


Muthoot Finance Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Muthoot 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.

Muthoot Finance Cyclically Adjusted Book per Share Chart

Muthoot Finance Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
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Muthoot Finance Quarterly Data
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NSE:MUTHOOTFIN vs V, MA, AXP: Cyclically Adjusted Book per Share Comparison

For the Credit Services subindustry, Muthoot 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.


Muthoot Finance Cyclically Adjusted PB Ratio vs Credit Services Industry

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

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


NSE:MUTHOOTFIN
78GF Score
Muthoot Finance Ltd NSE:MUTHOOTFIN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Muthoot 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, Muthoot Finance's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1027.95/167.3573*167.3573
=1,027.950

Current CPI (Jun. 2026) = 167.3573.

Muthoot Finance Quarterly Data

Book Value per Share CPI Adj_Book
201309 107.878 91.042 198.305
201312 91.425 0.000
201403 114.728 91.425 210.015
201406 94.103 0.000
201409 122.151 96.780 211.229
201412 96.780 0.000
201503 128.477 97.163 221.294
201806 111.317 0.000
201809 115.142 0.000
201812 115.142 0.000
201903 251.424 118.202 355.980
201906 250.989 120.880 347.493
201909 273.561 123.175 371.686
201912 294.491 126.235 390.423
202003 299.258 124.705 401.612
202006 318.339 127.000 419.498
202009 341.002 130.118 438.596
202012 365.797 130.889 467.715
202103 392.816 131.771 498.902
202106 396.629 134.084 495.053
202109 421.380 135.847 519.121
202112 447.559 138.161 542.139
202203 476.844 138.822 574.862
202206 479.249 142.347 563.451
202209 502.578 144.661 581.429
202212 526.040 145.763 603.972
202303 551.822 146.865 628.820
202306 556.559 150.280 619.804
202309 582.936 151.492 643.985
202312 612.248 152.924 670.032
202403 641.507 153.035 701.547
202406 645.075 155.789 692.976
202409 679.332 157.882 720.101
202412 712.948 158.323 753.631
202503 747.095 157.552 793.592
202506 770.642 159.755 807.314
202509 831.814 162.289 857.791
202512 902.148 163.281 924.671
202603 990.724 164.272 1,009.329
202606 1,027.950 167.357 1,027.950

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 ₹ mean?
Muthoot Finance (NSE:MUTHOOTFIN) has a Cyclically Adjusted Book per Share of ₹ as of Jun. 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 Muthoot Finance and its competitors.
Is Muthoot Finance's Cyclically Adjusted Book per Share too high?
Muthoot Finance's current Cyclically Adjusted Book per Share is ₹. Overall, Muthoot Finance has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Muthoot Finance's Cyclically Adjusted Book per Share compare to V and MA?
Muthoot Finance's Cyclically Adjusted Book per Share of ₹ 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 Muthoot Finance and its competitors. Muthoot Finance's current Cyclically Adjusted Book per Share is ₹. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muthoot Finance stock overvalued right now?
Based on GuruFocus' analysis, Muthoot Finance (NSE:MUTHOOTFIN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,501.47, compared to a current price of ₹2,841.10 — trading 18.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹. Muthoot Finance's overall GF Score™ is 78/100 with 4 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 Muthoot Finance (NSE:MUTHOOTFIN), the current Cyclically Adjusted Book per Share is ₹ as of Jun. 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 Muthoot Finance (NSE:MUTHOOTFIN) Overvalued in 2026?

Based on GuruFocus' analysis, Muthoot Finance stock appears to be undervalued. The current stock price of ₹2,841.10 is trading 18.9% below its estimated GF Value™ of ₹3,501.47. GuruFocus considers Muthoot Finance to be Modestly Undervalued.

Key valuation signals for NSE:MUTHOOTFIN:

  • Cyclically Adjusted Book per Share:
  • GF Value™: ₹3,501.47 vs. price of ₹2,841.10 (18.9% below fair value)
  • GF Score™: 78/100 with 4 warning signs

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


Muthoot Finance Business Description

Other Exchanges 533398:India
Address Banerji Road, Ernakulam, 2nd Floor, Muthoot Chambers, Opposite Saritha Theatre Complex, Kochi, KL, IND, 682 018
Muthoot Finance Ltd is a non-deposit-taking, non-banking financial company with thousands of branches in India. The company's main business is providing personal and business loans to individuals who do not have access to formal credit. The loans are typically secured by gold jewelry. The company also offers some microfinance loans and housing loans to customer segments and areas that are underserved by banks. Interest income accounts for nearly all the company's revenue. It has operations in Sri Lanka and India, with India providing almost all the company's revenue.
78GF Score

Get the complete analysis for NSE:MUTHOOTFIN

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

₹2,841.10
Price
₹3,501.47
GF Value