Peoples Investments (BOM:501144) Cyclically Adjusted PB Ratio: (As of Sep. 09, 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.
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Charlie Tian
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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:501144 Peoples Investments Ltd BOM:501144
60 GF Score
Price ₹224.90
GF Value ₹187.93
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Peoples Investments Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Peoples Investments  (BOM:501144) 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.


Peoples Investments Cyclically Adjusted PB Ratio Related Terms


Peoples Investments Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Peoples Investments'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.

Peoples Investments Cyclically Adjusted PB Ratio Chart

Peoples Investments Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.06 10.67 29.43 82.31 113.01

Peoples Investments Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 120.63 0.00 113.01 0.00

BOM:501144 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Peoples Investments'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.


Peoples Investments Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Peoples Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:501144
60GF Score
Peoples Investments Ltd BOM:501144
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Peoples Investments 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.

Peoples Investments's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Peoples Investments'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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Peoples Investments Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.870 105.961 1.374
201612 0.000 105.196 0.000
201703 0.615 105.196 0.978
201706 0.000 107.109 0.000
201709 0.740 109.021 1.136
201712 0.000 109.404 0.000
201803 0.515 109.786 0.785
201806 0.000 111.317 0.000
201809 0.585 115.142 0.850
201812 0.000 115.142 0.000
201903 0.515 118.202 0.729
201906 0.000 120.880 0.000
201909 0.685 123.175 0.931
201912 0.000 126.235 0.000
202003 2.685 124.705 3.603
202006 0.000 127.000 0.000
202009 1.350 130.118 1.736
202012 0.000 130.889 0.000
202103 2.200 131.771 2.794
202106 0.000 134.084 0.000
202109 1.845 135.847 2.273
202112 0.000 138.161 0.000
202203 2.200 138.822 2.652
202206 0.000 142.347 0.000
202209 1.115 144.661 1.290
202212 0.000 145.763 0.000
202303 2.110 146.865 2.404
202306 0.000 150.280 0.000
202309 3.185 151.492 3.519
202312 0.000 152.924 0.000
202403 2.035 153.035 2.225
202406 0.000 155.789 0.000
202409 2.630 157.882 2.788
202412 1.910 158.323 2.019
202503 0.995 157.552 1.057
202506 0.000 159.755 0.000
202509 1.520 162.289 1.567
202512 0.000 163.281 0.000
202603 1.075 164.272 1.095
202606 0.000 167.357 0.000

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.

Is Peoples Investments (BOM:501144) Overvalued in 2026?

Based on GuruFocus' analysis, Peoples Investments stock appears to be overvalued. The current stock price of ₹224.90 is trading 19.7% above its estimated GF Value™ of ₹187.93. GuruFocus considers Peoples Investments to be Modestly Overvalued.

Key valuation signals for BOM:501144:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹187.93 vs. price of ₹224.90 (19.7% above fair value)
  • GF Score™: 60/100 with 1 warning sign

No single metric tells the full story. See the BOM:501144 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Peoples Investments Business Description

Address Narottam Morarjee Marg, No.3, Ballard Estate, New Hind House, Mumbai, MH, IND, 400 001
Peoples Investments Ltd is an India-based investment company. The company is engaged in offering Financial consultancy services. The company derives revenue through consultancy fees and dividends on non-current investments.
60GF Score

Get the complete analysis for BOM:501144

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

₹224.90
Price
₹187.93
GF Value