Ebix (BOM:531035) Cyclically Adjusted PB Ratio: (As of Sep. 01, 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:531035 Ebix Ltd BOM:531035
24 GF Score
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What is Ebix Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ebix  (BOM:531035) 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.


Ebix Cyclically Adjusted PB Ratio Related Terms


Ebix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ebix'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.

Ebix Cyclically Adjusted PB Ratio Chart

Ebix 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 0.00 0.00 0.00 0.00 0.00

Ebix Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00

BOM:531035 vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Ebix'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.


Ebix Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Ebix's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:531035
24GF Score
Ebix Ltd BOM:531035
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ebix 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.

Ebix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ebix's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-91.753/164.2724*164.2724
=-91.753

Current CPI (Mar. 2026) = 164.2724.

Ebix Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 -6.150 105.961 -9.534
201612 0.000 105.196 0.000
201703 -6.433 105.196 -10.046
201706 0.000 107.109 0.000
201709 -6.569 109.021 -9.898
201712 0.000 109.404 0.000
201803 -6.787 109.786 -10.155
201806 0.000 111.317 0.000
201809 -6.861 115.142 -9.789
201812 0.000 115.142 0.000
201903 -7.184 118.202 -9.984
201906 0.000 120.880 0.000
201909 -1.700 123.175 -2.267
201912 0.000 126.235 0.000
202003 -1.600 124.705 -2.108
202006 0.000 127.000 0.000
202009 -1.633 130.118 -2.062
202012 0.000 130.889 0.000
202103 -0.412 131.771 -0.514
202106 0.000 134.084 0.000
202109 -0.492 135.847 -0.595
202112 0.000 138.161 0.000
202203 -0.433 138.822 -0.512
202206 0.000 142.347 0.000
202209 -0.503 144.661 -0.571
202212 0.000 145.763 0.000
202303 -0.439 146.865 -0.491
202306 0.000 150.280 0.000
202309 0.987 151.492 1.070
202312 0.000 152.924 0.000
202403 0.882 153.035 0.947
202406 0.000 155.789 0.000
202409 41.136 157.882 42.801
202412 0.000 158.323 0.000
202503 3.964 157.552 4.133
202506 0.000 159.755 0.000
202509 -98.991 162.289 -100.201
202512 0.000 163.281 0.000
202603 -91.753 164.272 -91.753

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.


Ebix Business Description

Other Exchanges EBIX:India
Address Arihant Nagar, Rohtak Road, 3rd Floor, Vikas House, 3, Punjabi Bagh West, Delhi, IND, 110026
Eraaya Lifespaces Ltd is principally engaged in the business of marketing services and support services, the business of trading in securities and shares, and the Hospitality business. The Main objects to be pursued by the company are To establish, conduct, manage, takeover, construct, acquire, purchase, sell, lease, rent, promote, develop and run holiday resorts, castles, inns, hotels, motels, restaurants, cafes, vacation resorts, villas, rest houses, guest houses, cottages, holiday camps, spas, health rejuvenation centres, clubs, breweries, pubs, bars, swimming pool and other facilities. The company operates in two segments, which include Financial Technologies and IT Services, and Foreign Exchange, Money Transfer, & Payment Services.
24GF Score

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

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