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Capital India Finance (BOM:530879) Cyclically Adjusted PB Ratio : 1.59 (As of Jun. 14, 2024)


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What is Capital India Finance Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Capital India Finance's current share price is ₹115.00. Capital India Finance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹72.36. Capital India Finance's Cyclically Adjusted PB Ratio for today is 1.59.

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

BOM:530879' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.71   Max: 2.02
Current: 1.52

During the past years, Capital India Finance's highest Cyclically Adjusted PB Ratio was 2.02. The lowest was 1.15. And the median was 1.71.

BOM:530879's Cyclically Adjusted PB Ratio is ranked worse than
67% of 397 companies
in the Credit Services industry
Industry Median: 0.92 vs BOM:530879: 1.52

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.

Capital India Finance's adjusted book value per share data for the three months ended in Mar. 2024 was ₹80.097. 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 ₹72.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital India Finance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capital India 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.

Capital India Finance Cyclically Adjusted PB Ratio Chart

Capital India 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 - - - 1.39 1.82

Capital India 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 1.39 - 1.85 - 1.82

Competitive Comparison of Capital India Finance's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Capital India 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.


Capital India Finance's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where Capital India Finance's Cyclically Adjusted PB Ratio falls into.



Capital India 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.

Capital India Finance's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=115.00/72.36
=1.59

* 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.

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

For example, Capital India 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)
=80.097/153.0345*153.0345
=80.097

Current CPI (Mar. 2024) = 153.0345.

Capital India Finance Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 7.215 96.780 11.409
201412 0.000 96.780 0.000
201503 7.184 97.163 11.315
201506 0.000 99.841 0.000
201509 7.647 101.753 11.501
201512 0.000 102.901 0.000
201603 7.628 102.518 11.387
201606 0.000 105.961 0.000
201609 7.703 105.961 11.125
201612 0.000 105.196 0.000
201703 8.110 105.196 11.798
201706 0.000 107.109 0.000
201709 13.633 109.021 19.137
201712 0.000 109.404 0.000
201803 268.000 109.786 373.573
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 65.293 118.202 84.534
201906 0.000 120.880 0.000
201909 66.809 123.175 83.005
201912 0.000 126.235 0.000
202003 67.087 124.705 82.327
202006 0.000 127.000 0.000
202009 71.829 130.118 84.480
202012 0.000 130.889 0.000
202103 72.411 131.771 84.096
202106 0.000 134.084 0.000
202109 72.845 135.847 82.061
202112 0.000 138.161 0.000
202203 79.916 138.822 88.098
202206 0.000 142.347 0.000
202209 78.710 144.661 83.266
202212 0.000 145.763 0.000
202303 77.901 146.865 81.174
202306 0.000 150.280 0.000
202309 79.705 151.492 80.517
202312 0.000 152.924 0.000
202403 80.097 153.035 80.097

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.


Capital India Finance  (BOM:530879) 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.


Capital India Finance Cyclically Adjusted PB Ratio Related Terms

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


Capital India Finance (BOM:530879) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Annie Besant Road, Level - 20, Birla Aurora, Worli, Mumbai, MH, IND, 400030
Capital India Finance Ltd is a non-banking financial company. The company is engaged in the business of giving loans or finance & investment activities. Its financial solutions consist of Small Business Finance which includes working capital loans, project finance, structured finance, loan against property; Retail Finance portfolio comprises of home loans, home improvement loans, home extension loans, NRI home loans.

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