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Mehta Securities (BOM:511738) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2025)


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What is Mehta Securities Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mehta Securities Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mehta Securities'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.

Mehta Securities Cyclically Adjusted PB Ratio Chart

Mehta Securities Annual Data
Trend Dec14 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 - 0.43 1.20 0.83 1.19

Mehta Securities Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 1.19 - 1.71 -

Competitive Comparison of Mehta Securities's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Mehta Securities'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.


Mehta Securities's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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


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Mehta Securities 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.

Mehta Securities's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Mehta Securities's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0/158.3229*158.3229
=0.000

Current CPI (Dec. 2024) = 158.3229.

Mehta Securities Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.000 97.163 0.000
201506 16.563 99.841 26.265
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 22.725 102.518 35.095
201606 0.000 105.961 0.000
201609 26.685 105.961 39.872
201612 0.000 105.196 0.000
201703 23.005 105.196 34.623
201706 0.000 107.109 0.000
201709 23.522 109.021 34.159
201712 0.000 109.404 0.000
201803 22.283 109.786 32.134
201806 0.000 111.317 0.000
201809 18.856 115.142 25.927
201812 0.000 115.142 0.000
201903 19.871 118.202 26.616
201906 0.000 120.880 0.000
201909 19.088 123.175 24.535
201912 0.000 126.235 0.000
202003 19.398 124.705 24.627
202006 0.000 127.000 0.000
202009 19.694 130.118 23.963
202012 0.000 130.889 0.000
202103 18.924 131.771 22.737
202106 0.000 134.084 0.000
202109 18.629 135.847 21.711
202112 0.000 138.161 0.000
202203 16.084 138.822 18.343
202206 0.000 142.347 0.000
202209 15.913 144.661 17.416
202212 0.000 145.763 0.000
202303 16.427 146.865 17.709
202306 0.000 150.280 0.000
202309 16.440 151.492 17.181
202312 0.000 152.924 0.000
202403 17.433 153.035 18.035
202406 0.000 155.789 0.000
202409 17.470 157.882 17.519
202412 0.000 158.323 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.


Mehta Securities  (BOM:511738) 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.


Mehta Securities Cyclically Adjusted PB Ratio Related Terms

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Mehta Securities Business Description

Traded in Other Exchanges
N/A
Address
002, Law Garden Apartment, Scheme-I, Opposite Law Garden, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Mehta Securities Ltd is an India-based company engaged in the provision of financial services related to the capital market. It invests in the equity market and other markets to optimize return on funds. The company operations include Consulting and Investments. It provides research-based services in relation to the Capital Market. In addition, the company also offers corporate advisory services, investments, and other related services.

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