Lead Financial Services (BOM:531288) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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:531288 Lead Financial Services Ltd BOM:531288
72 GF Score
Price ₹14.30
GF Value ₹17.18
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Lead Financial Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lead Financial Services  (BOM:531288) 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.


Lead Financial Services Cyclically Adjusted PB Ratio Related Terms


Lead Financial Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lead Financial Services'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.

Lead Financial Services Cyclically Adjusted PB Ratio Chart

Lead Financial Services 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 0.90 1.10 1.06 1.13 0.86

Lead Financial Services 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 0.96 0.64 0.84 0.86 0.82

BOM:531288 vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, Lead Financial Services'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.


Lead Financial Services Cyclically Adjusted PB Ratio vs Credit Services Industry

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

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


BOM:531288
72GF Score
Lead Financial Services Ltd BOM:531288
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lead Financial Services 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.

Lead Financial Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Lead Financial Services'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)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Lead Financial Services Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.303 105.961 22.590
201612 105.196 0.000
201703 14.984 105.196 23.838
201706 107.109 0.000
201709 15.682 109.021 24.073
201712 109.404 0.000
201803 16.865 109.786 25.709
201806 111.317 0.000
201809 16.627 115.142 24.167
201812 115.142 0.000
201903 16.796 118.202 23.781
201906 120.880 0.000
201909 16.540 123.175 22.473
201912 126.235 0.000
202003 16.707 124.705 22.421
202006 127.000 0.000
202009 16.559 130.118 21.298
202012 130.889 0.000
202103 16.408 131.771 20.839
202106 134.084 0.000
202109 16.359 135.847 20.154
202112 138.161 0.000
202203 16.729 138.822 20.168
202206 142.347 0.000
202209 16.567 144.661 19.166
202212 145.763 0.000
202303 17.155 146.865 19.549
202306 150.280 0.000
202309 17.474 151.492 19.304
202312 152.924 0.000
202403 17.924 153.035 19.602
202406 155.789 0.000
202409 18.179 157.882 19.270
202412 158.323 0.000
202503 18.402 157.552 19.547
202506 159.755 0.000
202509 18.725 162.289 19.310
202512 163.281 0.000
202603 18.728 164.272 19.080
202606 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 Lead Financial Services (BOM:531288) Overvalued in 2026?

Based on GuruFocus' analysis, Lead Financial Services stock appears to be undervalued. The current stock price of ₹14.30 is trading 16.8% below its estimated GF Value™ of ₹17.18. GuruFocus considers Lead Financial Services to be Modestly Undervalued.

Key valuation signals for BOM:531288:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹17.18 vs. price of ₹14.30 (16.8% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the BOM:531288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lead Financial Services Business Description

Address 27, Barakhamba Road, 805, New Delhi House, Karol Bagh, New Delhi, IND, 110001
Lead Financial Services Ltd is an Indian non-banking financial company based in New Delhi. The company is engaged in providing loans and various financial services to its clients and making investments. The majority of its revenue is generated in the form of interest income on loans granted to its clients.
72GF Score

Get the complete analysis for BOM:531288

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

₹14.30
Price
₹17.18
GF Value