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The South Indian Bank (NSE:SOUTHBANK) Cyclically Adjusted Book per Share : ₹33.84 (As of Mar. 2025)


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What is The South Indian Bank 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.

The South Indian Bank's adjusted book value per share for the three months ended in Mar. 2025 was ₹38.635. 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 ₹33.84 for the trailing ten years ended in Mar. 2025.

During the past 12 months, The South Indian Bank's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of The South Indian Bank was 6.20% per year. The lowest was 3.50% per year. And the median was 4.20% per year.

As of today (2025-06-03), The South Indian Bank's current stock price is ₹29.48. The South Indian Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹33.84. The South Indian Bank's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The South Indian Bank was 1.09. The lowest was 0.17. And the median was 0.53.


The South Indian Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for The South Indian Bank'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.

The South Indian Bank Cyclically Adjusted Book per Share Chart

The South Indian Bank 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 28.67 30.41 31.55 32.50 33.84

The South Indian Bank 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 32.50 33.21 33.63 33.90 33.84

Competitive Comparison of The South Indian Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, The South Indian Bank'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.


The South Indian Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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The South Indian Bank 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, The South Indian Bank'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)
=38.635/157.5517*157.5517
=38.635

Current CPI (Mar. 2025) = 157.5517.

The South Indian Bank Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 23.097 101.753 35.763
201512 0.000 102.901 0.000
201603 23.676 102.518 36.386
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 24.708 105.196 37.005
201706 0.000 107.109 0.000
201709 25.359 109.021 36.647
201712 0.000 109.404 0.000
201803 26.631 109.786 38.217
201806 0.000 111.317 0.000
201809 26.661 115.142 36.481
201812 0.000 115.142 0.000
201903 27.095 118.202 36.115
201906 0.000 120.880 0.000
201909 28.173 123.175 36.036
201912 0.000 126.235 0.000
202003 27.806 124.705 35.130
202006 0.000 127.000 0.000
202009 24.825 130.118 30.059
202012 0.000 130.889 0.000
202103 25.503 131.771 30.493
202106 0.000 134.084 0.000
202109 24.727 135.847 28.678
202112 0.000 138.161 0.000
202203 25.701 138.822 29.169
202206 26.444 142.347 29.269
202209 27.424 144.661 29.868
202212 27.877 145.763 30.132
202303 29.303 146.865 31.435
202306 30.192 150.280 31.653
202309 31.126 151.492 32.371
202312 32.471 152.924 33.454
202403 33.741 153.035 34.737
202406 35.004 155.789 35.400
202409 35.928 157.882 35.853
202412 37.236 158.323 37.055
202503 38.635 157.552 38.635

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


The South Indian Bank  (NSE:SOUTHBANK) 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.

The South Indian Bank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.48/33.84
=0.87

* 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 The South Indian Bank was 1.09. The lowest was 0.17. And the median was 0.53.


Be Aware

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


The South Indian Bank Cyclically Adjusted Book per Share Related Terms

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


The South Indian Bank Business Description

Traded in Other Exchanges
Address
TB Road, SIB House, Mission Quarters, Thrissur, KL, IND, 680001
The South Indian Bank Ltd operates in the Indian banking sector. The company's operating segments include Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking operations. Corporate/Wholesale Banking segment provides loans to the corporate segment identified based on RBI guidelines. The Retail Banking segment provides loans to non-corporate customers. Treasury segment constitutes interest earnings on investment portfolios and foreign exchange activities. The Other Banking Operations segment includes income from para-banking activities. It generates maximum revenue from the Retail Banking segment. Geographically, it operates in India.

The South Indian Bank Headlines

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