Apollo Finvest (India) (BOM:512437) Cyclically Adjusted PB Ratio: (As of Sep. 02, 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:512437 Apollo Finvest (India) Ltd BOM:512437
67 GF Score
Price ₹389.45
GF Value ₹405.75
Valuation Fairly Valued
! 2 Warning Signs
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What is Apollo Finvest (India) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Apollo Finvest (India)  (BOM:512437) 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.


Apollo Finvest (India) Cyclically Adjusted PB Ratio Related Terms


Apollo Finvest (India) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Apollo Finvest (India)'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.

Apollo Finvest (India) Cyclically Adjusted PB Ratio Chart

Apollo Finvest (India) 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 13.31 8.19 12.01 6.50 3.07

Apollo Finvest (India) 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 4.52 0.00 3.07 0.00

BOM:512437 vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Apollo Finvest (India)'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.


Apollo Finvest (India) Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Apollo Finvest (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Apollo Finvest (India)'s Cyclically Adjusted PB Ratio falls into.


BOM:512437
67GF Score
Apollo Finvest (India) Ltd BOM:512437
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apollo Finvest (India) 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.

Apollo Finvest (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Apollo Finvest (India)'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.

Apollo Finvest (India) Quarterly Data

Book Value per Share CPI Adj_Book
201609 41.932 105.961 66.228
201612 40.628 105.196 64.635
201703 41.617 105.196 66.209
201706 41.549 107.109 64.920
201709 41.435 109.021 63.606
201712 41.594 109.404 63.627
201803 45.969 109.786 70.075
201806 0.000 111.317 0.000
201809 46.689 115.142 67.862
201812 0.000 115.142 0.000
201903 49.468 118.202 70.040
201906 0.000 120.880 0.000
201909 59.982 123.175 81.497
201912 0.000 126.235 0.000
202003 67.105 124.705 90.057
202006 0.000 127.000 0.000
202009 70.878 130.118 91.163
202012 0.000 130.889 0.000
202103 78.071 131.771 99.155
202106 0.000 134.084 0.000
202109 88.121 135.847 108.561
202112 0.000 138.161 0.000
202203 112.270 138.822 135.348
202206 0.000 142.347 0.000
202209 126.409 144.661 146.242
202212 0.000 145.763 0.000
202303 139.367 146.865 158.814
202306 0.000 150.280 0.000
202309 152.212 151.492 168.153
202312 0.000 152.924 0.000
202403 161.103 153.035 176.181
202406 0.000 155.789 0.000
202409 173.993 157.882 184.435
202412 0.000 158.323 0.000
202503 180.430 157.552 191.659
202506 0.000 159.755 0.000
202509 191.291 162.289 197.265
202512 0.000 163.281 0.000
202603 199.009 164.272 202.746
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.

Is Apollo Finvest (India) (BOM:512437) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Finvest (India) stock appears to be undervalued. The current stock price of ₹389.45 is trading 4% below its estimated GF Value™ of ₹405.75. GuruFocus considers Apollo Finvest (India) to be Fairly Valued.

Key valuation signals for BOM:512437:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹405.75 vs. price of ₹389.45 (4% below fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the BOM:512437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apollo Finvest (India) Business Description

Address New Link Road, 301, Plot No. B-27, Commerce Centre, Near Morya House, Andheri (West), Mumbai, MH, IND, 400053
Apollo Finvest (India) Ltd is a non-banking financial company engaged in the business of Digital Lending in strict adherence to Digital Lending. The company also provides loans towards working capital, unsecured and secured business loans, and bridge financing. It derives revenue from Interest income; Dividend income; Rental income; Fees and commission income and others.
67GF Score

Get the complete analysis for BOM:512437

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

₹389.45
Price
₹405.75
GF Value