Power Finance (NSE:PFC) Cyclically Adjusted Book per Share: ₹241.09 (As of Mar. 2026)


NSE:PFC Power Finance Corp Ltd NSE:PFC
74 GF Score
Price ₹421.10
GF Value ₹392.88
Valuation Fairly Valued
! 7 Warning Signs
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What is Power Finance Cyclically Adjusted Book per Share?

Power Finance NSE:PFC -1.10% 74 Cyclically Adjusted Book per Share is ₹241.09 as of Mar. 2026. GuruFocus rates NSE:PFC with a GF Score™ of 74/100 and a GF Value™ of ₹392.88 (Fairly Valued). The stock has 7 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.

Power Finance's adjusted book value per share for the three months ended in Mar. 2026 was ₹402.596. 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 ₹241.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Power Finance's average Cyclically Adjusted Book Growth Rate was 19.70% 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 (2026-07-07), Power Finance's current stock price is ₹421.10. Power Finance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹241.09. Power Finance's Cyclically Adjusted PB Ratio of today is 1.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Power Finance was 2.72. The lowest was 1.52. And the median was 1.93.


Power Finance  (NSE:PFC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=421.10/241.09
=1.75

* 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 Power Finance was 2.72. The lowest was 1.52. And the median was 1.93.


Be Aware

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


Power Finance Cyclically Adjusted Book per Share Related Terms


Power Finance Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Power 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.

Power Finance Cyclically Adjusted Book per Share Chart

Power 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 0.00 201.54 241.09

Power 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 201.54 0.00 222.64 0.00 241.09

NSE:PFC vs V, MA, AXP: Cyclically Adjusted Book per Share Comparison

For the Credit Services subindustry, Power 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.


Power Finance Cyclically Adjusted PB Ratio vs Credit Services Industry

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

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


NSE:PFC
74GF Score
Power Finance Corp Ltd NSE:PFC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power 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, Power 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)
=402.596/164.2724*164.2724
=402.596

Current CPI (Mar. 2026) = 164.2724.

Power Finance Quarterly Data

Book Value per Share CPI Adj_Book
201103 53.115 70.768 123.294
201203 63.012 76.889 134.625
201303 71.756 85.687 137.565
201403 83.398 91.425 149.850
201503 98.213 97.163 166.048
201603 109.173 102.518 174.936
201703 113.398 105.196 177.081
201803 120.707 109.786 180.613
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 142.787 118.202 198.439
201906 0.000 120.880 0.000
201909 153.418 123.175 204.606
201912 0.000 126.235 0.000
202003 149.692 124.705 197.187
202006 0.000 127.000 0.000
202009 170.809 130.118 215.644
202012 181.131 130.889 227.329
202103 184.138 131.771 229.557
202106 0.000 134.084 0.000
202109 203.783 135.847 246.424
202112 0.000 138.161 0.000
202203 217.194 138.822 257.013
202206 0.000 142.347 0.000
202209 231.828 144.661 263.256
202212 0.000 145.763 0.000
202303 255.018 146.865 285.245
202306 0.000 150.280 0.000
202309 282.698 151.492 306.547
202312 292.783 152.924 314.510
202403 306.496 153.035 329.003
202406 0.000 155.789 0.000
202409 333.463 157.882 346.960
202412 0.000 158.323 0.000
202503 356.772 157.552 371.991
202506 0.000 159.755 0.000
202509 384.794 162.289 389.496
202512 0.000 163.281 0.000
202603 402.596 164.272 402.596

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 ₹241.09 mean?
Power Finance (NSE:PFC) has a Cyclically Adjusted Book per Share of ₹241.09 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 Power Finance and its competitors.
Is Power Finance's Cyclically Adjusted Book per Share too high?
Power Finance's current Cyclically Adjusted Book per Share is ₹241.09. Overall, Power Finance has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Power Finance's Cyclically Adjusted Book per Share compare to V and MA?
Power Finance's Cyclically Adjusted Book per Share of ₹241.09 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 Power Finance and its competitors. Power Finance's current Cyclically Adjusted Book per Share is ₹241.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Finance stock overvalued right now?
Based on GuruFocus' analysis, Power Finance (NSE:PFC) is currently considered Fairly Valued. The stock's GF Value™ is ₹392.88, compared to a current price of ₹421.10 — trading 7.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₹241.09. Power Finance's overall GF Score™ is 74/100 with 7 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 Power Finance (NSE:PFC), the current Cyclically Adjusted Book per Share is ₹241.09 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 Power Finance (NSE:PFC) Overvalued in 2026?

Based on GuruFocus' analysis, Power Finance stock appears to be overvalued. The current stock price of ₹421.10 is trading 7.2% above its estimated GF Value™ of ₹392.88. GuruFocus considers Power Finance to be Fairly Valued.

Key valuation signals for NSE:PFC:

  • Cyclically Adjusted Book per Share: ₹241.09
  • GF Value™: ₹392.88 vs. price of ₹421.10 (7.2% above fair value)
  • GF Score™: 74/100 with 7 warning signs

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


Power Finance Business Description

Other Exchanges 532810:India
Address 1, Barakhamba Lane, Urjanidhi, Connaught Place, New Delhi, IND, 110001
Power Finance Corp Ltd is a financial institution operating in India and dedicated to financing the country's power, logistics, and infrastructure sectors and its various projects. The company serves state power utilities, central power sector utilities, power departments, private power sector utilities, joint sector power utilities, power equipment manufacturers, and municipal power utilities. The company's main products include rupee-term loans, short-term loans, and a buyer line of credit. Interest income is the company's main source of revenue.
74GF Score

Get the complete analysis for NSE:PFC

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

₹421.10
Price
₹392.88
GF Value