TCI Finance (BOM:501242) Cyclically Adjusted PB Ratio: (As of Sep. 12, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:501242 TCI Finance Ltd BOM:501242
31 GF Score
Price ₹15.47
! 1 Warning Sign
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What is TCI Finance Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TCI Finance  (BOM:501242) 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.


TCI Finance Cyclically Adjusted PB Ratio Related Terms


TCI Finance Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TCI 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.

TCI Finance Cyclically Adjusted PB Ratio Chart

TCI Finance 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 0.00 0.00 0.00 0.00 0.00

TCI Finance 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 6.89 0.00 0.00 0.00

BOM:501242 vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, TCI 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.


TCI Finance Cyclically Adjusted PB Ratio vs Credit Services Industry

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

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


BOM:501242
31GF Score
TCI Finance Ltd BOM:501242
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TCI 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.

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

For example, TCI 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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

TCI Finance Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.000 79.567 0.000
201209 42.853 82.244 87.201
201212 0.000 83.774 0.000
201303 20.934 85.687 40.887
201403 25.340 91.425 46.386
201503 30.621 97.163 52.743
201603 32.126 102.518 52.444
201703 34.956 105.196 55.612
201803 35.693 109.786 54.410
201812 0.000 115.142 0.000
201903 29.145 118.202 41.265
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 -33.466 124.705 -44.912
202006 0.000 127.000 0.000
202009 -30.889 130.118 -39.729
202012 0.000 130.889 0.000
202103 -23.199 131.771 -29.464
202106 0.000 134.084 0.000
202109 -13.238 135.847 -16.309
202112 0.000 138.161 0.000
202203 -36.316 138.822 -43.781
202206 0.000 142.347 0.000
202209 -38.549 144.661 -44.597
202212 0.000 145.763 0.000
202303 -48.829 146.865 -55.642
202306 0.000 150.280 0.000
202309 -41.019 151.492 -45.315
202312 0.000 152.924 0.000
202403 -49.223 153.035 -53.830
202406 0.000 155.789 0.000
202409 -47.467 157.882 -50.316
202412 0.000 158.323 0.000
202503 0.000 157.552 0.000
202506 0.000 159.755 0.000
202509 -58.252 162.289 -60.071
202512 0.000 163.281 0.000
202603 -59.701 164.272 -60.822
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.


TCI Finance Business Description

Other Exchanges TCIFINANCE:India
Address Plot No. 20, Survey No. 12, 4th Floor, Kothaguda, Kondapur, Hyderabad, TG, IND, 500081
TCI Finance Ltd is engaged in providing financial services. It is a non-banking financial company. The company provides various services like the loan against securities, commercial vehicle finance, patents trademark and copyright, Global Intellectual Property Convention, and other financial services. It generates majority revenue in the form of interest.
31GF Score

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

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