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GSL Securities (BOM:530469) Cyclically Adjusted PB Ratio : (As of May. 01, 2024)


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What is GSL Securities Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GSL Securities Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GSL 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.

GSL Securities Cyclically Adjusted PB Ratio Chart

GSL Securities Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.33 0.43 0.47

GSL Securities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.47 - 0.46 -

Competitive Comparison of GSL Securities's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, GSL 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.


GSL Securities's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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



GSL 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.

GSL Securities's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, GSL Securities's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/153.2548*153.2548
=0.000

Current CPI (Dec. 2023) = 153.2548.

GSL Securities Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.228 91.425 8.764
201406 5.181 94.103 8.438
201409 5.312 96.780 8.412
201412 5.305 96.780 8.401
201503 5.284 97.163 8.334
201506 0.000 99.841 0.000
201509 5.326 101.753 8.022
201512 5.292 102.901 7.882
201603 12.805 102.518 19.142
201606 5.216 105.961 7.544
201609 5.383 105.961 7.786
201612 5.344 105.196 7.785
201703 15.702 105.196 22.875
201706 5.765 107.109 8.249
201709 21.816 109.021 30.667
201712 21.473 109.404 30.080
201803 16.946 109.786 23.656
201806 16.264 111.317 22.391
201809 16.054 115.142 21.368
201812 16.721 115.142 22.256
201903 18.591 118.202 24.104
201906 18.186 120.880 23.057
201909 18.222 123.175 22.672
201912 0.000 126.235 0.000
202003 17.402 124.705 21.386
202006 0.000 127.000 0.000
202009 17.808 130.118 20.975
202012 0.000 130.889 0.000
202103 17.787 131.771 20.687
202106 0.000 134.084 0.000
202109 17.859 135.847 20.148
202112 0.000 138.161 0.000
202203 17.450 138.822 19.264
202206 0.000 142.347 0.000
202209 17.300 144.661 18.328
202212 0.000 145.763 0.000
202303 16.718 146.865 17.445
202306 0.000 150.280 0.000
202309 17.444 151.492 17.647
202312 0.000 153.255 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.


GSL Securities  (BOM:530469) 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.


GSL Securities Cyclically Adjusted PB Ratio Related Terms

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GSL Securities (BOM:530469) Business Description

Traded in Other Exchanges
N/A
Address
Tardeo Road, 1/25 and 1/26 1st Floor, Airconditioned Market Society, Tardeo, Mumbai, MH, IND, 400 034
GSL Securities Ltd is a non-banking financial company. It is engaged in investments and provides short-term finance services. It generates revenue from the sale of shares, interest received, and dividend income.

GSL Securities (BOM:530469) Headlines

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