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Thacker (BOM:509945) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2025)


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What is Thacker Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thacker Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thacker'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.

Thacker Cyclically Adjusted PB Ratio Chart

Thacker 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 - - 0.65 1.10 -

Thacker 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 1.10 - 1.80 - -

Competitive Comparison of Thacker's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Thacker'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.


Thacker's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thacker's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Thacker 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.

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

For example, Thacker'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)
=1512.223/157.5517*157.5517
=1,512.223

Current CPI (Mar. 2025) = 157.5517.

Thacker Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 52.727 101.753 81.641
201512 0.000 102.901 0.000
201603 51.078 102.518 78.497
201606 49.620 105.961 73.779
201609 51.171 105.961 76.085
201612 51.501 105.196 77.133
201703 383.886 105.196 574.945
201706 93.990 107.109 138.255
201709 96.435 109.021 139.363
201712 337.539 109.404 486.087
201803 721.165 109.786 1,034.926
201806 329.813 111.317 466.801
201809 325.461 115.142 445.337
201812 0.000 115.142 0.000
201903 711.113 118.202 947.843
201906 0.000 120.880 0.000
201909 724.827 123.175 927.118
201912 734.609 126.235 916.850
202003 736.998 124.705 931.119
202006 742.378 127.000 920.966
202009 766.068 130.118 927.584
202012 0.000 130.889 0.000
202103 815.667 131.771 975.254
202106 0.000 134.084 0.000
202109 895.525 135.847 1,038.606
202112 0.000 138.161 0.000
202203 927.178 138.822 1,052.273
202206 0.000 142.347 0.000
202209 1,001.042 144.661 1,090.244
202212 0.000 145.763 0.000
202303 1,044.776 146.865 1,120.803
202306 0.000 150.280 0.000
202309 1,135.451 151.492 1,180.869
202312 0.000 152.924 0.000
202403 1,257.169 153.035 1,294.278
202406 0.000 155.789 0.000
202409 1,454.540 157.882 1,451.495
202412 0.000 158.323 0.000
202503 1,512.223 157.552 1,512.223

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.


Thacker  (BOM:509945) 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.


Thacker Cyclically Adjusted PB Ratio Related Terms

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Thacker Business Description

Traded in Other Exchanges
N/A
Address
60, Dr. V. B. Gandhi Marg, Jatia Chambers, Fort, Mumbai, MH, IND, 400 001
Thacker & Co Ltd is a non-banking finance company. It has an interest in investments, Finance, Trading, Information Technology, and FMCG. Its business segments include Investment and Finance; Business Centre; Trading Business; and other unallocables. The company generates maximum revenue from the Business Centre segment.

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