V B Desai Financial Services (BOM:511110) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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
Charlie Tian
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:511110 V B Desai Financial Services Ltd BOM:511110
67 GF Score
Price ₹16.97
GF Value ₹20.19
Valuation Modestly Undervalued
! 4 Warning Signs
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What is V B Desai Financial Services Cyclically Adjusted PB Ratio?

V B Desai Financial Services does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


V B Desai Financial Services  (BOM:511110) 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.


V B Desai Financial Services Cyclically Adjusted PB Ratio Related Terms


V B Desai Financial Services Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for V B Desai Financial Services'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.

V B Desai Financial Services Cyclically Adjusted PB Ratio Chart

V B Desai Financial Services Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
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V B Desai Financial Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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BOM:511110 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, V B Desai Financial Services'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.


V B Desai Financial Services Cyclically Adjusted PB Ratio vs Capital Markets Industry

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

* The bar in red indicates where V B Desai Financial Services's Cyclically Adjusted PB Ratio falls into.


BOM:511110
67GF Score
V B Desai Financial Services Ltd BOM:511110
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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V B Desai Financial Services 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.

V B Desai Financial Services does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Is V B Desai Financial Services (BOM:511110) Overvalued in 2026?

Based on GuruFocus' analysis, V B Desai Financial Services stock appears to be undervalued. The current stock price of ₹16.97 is trading 15.9% below its estimated GF Value™ of ₹20.19. GuruFocus considers V B Desai Financial Services to be Modestly Undervalued.

Key valuation signals for BOM:511110:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹20.19 vs. price of ₹16.97 (15.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the BOM:511110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


V B Desai Financial Services Business Description

Address 24/26 Dalai Street, Cama Building, 1st Floor, Fort, Mumbai, MH, IND, 400001
V B Desai Financial Services Ltd is an Indian company providing merchant banking services. The company is engaged in offering financial and advisory services. It provides services like Share Valuation, (Employee Stock Option Plan) ESOP Valuation, ESOP Advisory, merger and acquisition, to act as Manager in Buyback of shares and Acquisition, Takeover of Listed Companies and Initial Public Offerings, etc. The Company has one segment which is Merchant Banking and financial services.
67GF Score

Get the complete analysis for BOM:511110

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

₹16.97
Price
₹20.19
GF Value