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Bajaj Finance (BOM:500034) Cyclically Adjusted PB Ratio : 13.85 (As of Jun. 26, 2025)


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What is Bajaj Finance Cyclically Adjusted PB Ratio?

As of today (2025-06-26), Bajaj Finance's current share price is ₹928.20. Bajaj Finance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹67.04. Bajaj Finance's Cyclically Adjusted PB Ratio for today is 13.85.

The historical rank and industry rank for Bajaj Finance's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:500034' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.92   Med: 15.61   Max: 31.49
Current: 13.66

During the past years, Bajaj Finance's highest Cyclically Adjusted PB Ratio was 31.49. The lowest was 10.92. And the median was 15.61.

BOM:500034's Cyclically Adjusted PB Ratio is ranked worse than
97.81% of 411 companies
in the Credit Services industry
Industry Median: 0.97 vs BOM:500034: 13.66

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.

Bajaj Finance's adjusted book value per share data for the three months ended in Mar. 2025 was ₹155.752. 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 ₹67.04 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bajaj Finance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bajaj Finance's Cyclically Adjusted PB Ratio 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.

Bajaj Finance Cyclically Adjusted PB Ratio Chart

Bajaj Finance Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 24.77 13.47 13.93 13.35

Bajaj Finance Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 13.93 - 12.83 - 13.35

Competitive Comparison of Bajaj Finance's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Bajaj 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.


Bajaj Finance's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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


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Bajaj Finance Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Bajaj Finance's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=928.20/67.04
=13.85

* 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.

Bajaj Finance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Bajaj Finance'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)
=155.752/157.5517*157.5517
=155.752

Current CPI (Mar. 2025) = 157.5517.

Bajaj Finance Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 91.425 0.000
201403 8.024 91.425 13.828
201406 0.000 94.103 0.000
201409 8.802 96.780 14.329
201412 0.000 96.780 0.000
201503 9.572 97.163 15.521
201603 13.786 102.518 21.187
201703 16.463 105.196 24.657
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 27.420 109.786 39.350
201806 0.000 111.317 0.000
201809 30.110 115.142 41.200
201812 0.000 115.142 0.000
201903 34.081 118.202 45.427
201906 0.000 120.880 0.000
201909 38.094 123.175 48.726
201912 0.000 126.235 0.000
202003 53.728 124.705 67.880
202006 0.000 127.000 0.000
202009 56.811 130.118 68.789
202012 0.000 130.889 0.000
202103 61.266 131.771 73.253
202106 0.000 134.084 0.000
202109 64.612 135.847 74.935
202112 0.000 138.161 0.000
202203 72.458 138.822 82.234
202206 0.000 142.347 0.000
202209 79.527 144.661 86.614
202212 0.000 145.763 0.000
202303 89.957 146.865 96.503
202306 0.000 150.280 0.000
202309 98.912 151.492 102.868
202312 0.000 152.924 0.000
202403 124.101 153.035 127.764
202406 0.000 155.789 0.000
202409 140.281 157.882 139.987
202412 0.000 158.323 0.000
202503 155.752 157.552 155.752

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


Bajaj Finance  (BOM:500034) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Bajaj Finance Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Bajaj Finance's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bajaj Finance Business Description

Traded in Other Exchanges
Address
Off Pune-Ahmednagar Road, 4th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014
Bajaj Finance Ltd is the holding company for various financial services businesses under the Bajaj Group, which operates in India. The company is a NBFC in India offering payments, partnerships, services, and lending solutions to customers. The company's model is focused on the acquisition of customers and offering multiple loans and services on a cross-sell basis to meet their financial service needs. The company provides discretionary spending across consumer electronics, furniture, and digital products in India. The company's strategies and structure are closely aligned with the commercial banks in India. All of its revenue is generated from India.

Bajaj Finance Headlines

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