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GDL Leasing & Finance (BOM:530855) Cyclically Adjusted PB Ratio : 0.60 (As of Jun. 20, 2024)


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What is GDL Leasing & Finance Cyclically Adjusted PB Ratio?

As of today (2024-06-20), GDL Leasing & Finance's current share price is ₹8.33. GDL Leasing & Finance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹13.94. GDL Leasing & Finance's Cyclically Adjusted PB Ratio for today is 0.60.

The historical rank and industry rank for GDL Leasing & Finance's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:530855' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.59   Max: 0.6
Current: 0.6

During the past years, GDL Leasing & Finance's highest Cyclically Adjusted PB Ratio was 0.60. The lowest was 0.56. And the median was 0.59.

BOM:530855's Cyclically Adjusted PB Ratio is not ranked
in the Banks industry.
Industry Median: 0.9 vs BOM:530855: 0.60

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

GDL Leasing & Finance's adjusted book value per share data for the three months ended in Mar. 2024 was ₹10.954. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹13.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GDL Leasing & Finance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GDL Leasing & Finance'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.

GDL Leasing & Finance Cyclically Adjusted PB Ratio Chart

GDL Leasing & Finance Annual Data
Trend Mar15 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 - 0.60 0.58 0.56 0.60

GDL Leasing & Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.56 - 0.59 - 0.60

Competitive Comparison of GDL Leasing & Finance's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, GDL Leasing & Finance'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.


GDL Leasing & Finance's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, GDL Leasing & Finance's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GDL Leasing & Finance's Cyclically Adjusted PB Ratio falls into.



GDL Leasing & Finance 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.

GDL Leasing & Finance's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.33/13.94
=0.60

* 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.

GDL Leasing & Finance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, GDL Leasing & Finance's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.954/153.0345*153.0345
=10.954

Current CPI (Mar. 2024) = 153.0345.

GDL Leasing & Finance Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.438 94.103 16.975
201409 10.456 96.780 16.534
201412 10.476 96.780 16.565
201503 10.413 97.163 16.401
201506 10.448 99.841 16.015
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 10.417 102.518 15.550
201606 0.000 105.961 0.000
201609 10.460 105.961 15.107
201612 10.467 105.196 15.227
201703 10.478 105.196 15.243
201706 10.487 107.109 14.984
201709 10.494 109.021 14.731
201712 10.502 109.404 14.690
201803 10.488 109.786 14.620
201806 0.000 111.317 0.000
201809 10.497 115.142 13.952
201812 10.504 115.142 13.961
201903 10.512 118.202 13.610
201906 0.000 120.880 0.000
201909 10.525 123.175 13.076
201912 0.000 126.235 0.000
202003 10.538 124.705 12.932
202006 0.000 127.000 0.000
202009 10.548 130.118 12.406
202012 0.000 130.889 0.000
202103 10.561 131.771 12.265
202106 0.000 134.084 0.000
202109 10.574 135.847 11.912
202112 0.000 138.161 0.000
202203 10.582 138.822 11.665
202206 0.000 142.347 0.000
202209 10.601 144.661 11.215
202212 0.000 145.763 0.000
202303 10.611 146.865 11.057
202306 0.000 150.280 0.000
202309 10.634 151.492 10.742
202312 0.000 152.924 0.000
202403 10.954 153.035 10.954

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.


GDL Leasing & Finance  (BOM:530855) 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.


GDL Leasing & Finance Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of GDL Leasing & Finance's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


GDL Leasing & Finance (BOM:530855) Business Description

Traded in Other Exchanges
N/A
Address
B-3/91, Ashok Vihar, Phase II, New Delhi, IND, 110052
GDL Leasing & Finance Ltd is a non-banking finance company. It is engaged in financial activities such as Loans and Investments. The company also helps small and medium-sized enterprises (SMEs) to raise finances through a credit guarantee scheme. The main Services and Specialization include Loans and advances & Investments.

GDL Leasing & Finance (BOM:530855) Headlines

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