GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ganesh Holdings Ltd (BOM:504397) » Definitions » Cyclically Adjusted PB Ratio

Ganesh Holdings (BOM:504397) Cyclically Adjusted PB Ratio : 2.32 (As of Jun. 15, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Ganesh Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-15), Ganesh Holdings's current share price is ₹166.60. Ganesh Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹71.84. Ganesh Holdings's Cyclically Adjusted PB Ratio for today is 2.32.

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

BOM:504397' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.53   Max: 2.72
Current: 2.32

During the past years, Ganesh Holdings's highest Cyclically Adjusted PB Ratio was 2.72. The lowest was 0.17. And the median was 0.53.

BOM:504397's Cyclically Adjusted PB Ratio is ranked worse than
70.75% of 629 companies
in the Capital Markets industry
Industry Median: 1.14 vs BOM:504397: 2.32

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.

Ganesh Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was ₹49.849. 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 ₹71.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ganesh Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ganesh Holdings'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.

Ganesh Holdings Cyclically Adjusted PB Ratio Chart

Ganesh Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.17 0.81 0.57 1.06

Ganesh Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.57 - 0.85 - 1.06

Competitive Comparison of Ganesh Holdings's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Ganesh Holdings'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.


Ganesh Holdings's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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



Ganesh Holdings 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.

Ganesh Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=166.60/71.84
=2.32

* 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.

Ganesh Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ganesh Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=49.849/153.0345*153.0345
=49.849

Current CPI (Mar. 2024) = 153.0345.

Ganesh Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 66.529 96.780 105.199
201412 0.000 96.780 0.000
201503 62.954 97.163 99.154
201506 0.000 99.841 0.000
201509 59.275 101.753 89.148
201512 0.000 102.901 0.000
201603 61.963 102.518 92.495
201606 0.000 105.961 0.000
201609 58.738 105.961 84.832
201612 0.000 105.196 0.000
201703 54.821 105.196 79.751
201706 0.000 107.109 0.000
201709 54.506 109.021 76.511
201712 0.000 109.404 0.000
201803 58.528 109.786 81.584
201806 0.000 111.317 0.000
201809 54.632 115.142 72.611
201812 0.000 115.142 0.000
201903 55.810 118.202 72.256
201906 55.331 120.880 70.049
201909 55.079 123.175 68.431
201912 0.000 126.235 0.000
202003 54.551 124.705 66.943
202006 0.000 127.000 0.000
202009 54.775 130.118 64.422
202012 0.000 130.889 0.000
202103 54.091 131.771 62.820
202106 0.000 134.084 0.000
202109 53.301 135.847 60.045
202112 0.000 138.161 0.000
202203 51.817 138.822 57.122
202206 0.000 142.347 0.000
202209 50.563 144.661 53.490
202212 0.000 145.763 0.000
202303 49.659 146.865 51.745
202306 0.000 150.280 0.000
202309 49.649 151.492 50.155
202312 0.000 152.924 0.000
202403 49.849 153.035 49.849

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.


Ganesh Holdings  (BOM:504397) 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.


Ganesh Holdings Cyclically Adjusted PB Ratio Related Terms

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


Ganesh Holdings (BOM:504397) Business Description

Traded in Other Exchanges
N/A
Address
Daftary Road, Office No. 607, Center Plaza, 6th Floor, Shivaji Chowk, Malad (East), Mumbai, MH, IND, 400097
Ganesh Holdings Ltd is an India-based company engaged in Non-Banking Financial Activities. It is involved in dealing with shares, stocks, debentures, bonds, securities, and other investments. The company is also in the business of money lending or financing industrial enterprises, corporations, and other persons and investing in lands, buildings, factories, houses, flats, and commercial agricultural and mining properties.

Ganesh Holdings (BOM:504397) Headlines

No Headlines