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Integra Capital (BOM:531314) Cyclically Adjusted PB Ratio : 1.55 (As of Jun. 14, 2024)


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What is Integra Capital Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Integra Capital's current share price is ₹16.96. Integra Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹10.97. Integra Capital's Cyclically Adjusted PB Ratio for today is 1.55.

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

BOM:531314' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.94   Max: 3.96
Current: 1.64

During the past years, Integra Capital's highest Cyclically Adjusted PB Ratio was 3.96. The lowest was 0.95. And the median was 1.94.

BOM:531314's Cyclically Adjusted PB Ratio is ranked worse than
82.74% of 956 companies
in the Asset Management industry
Industry Median: 0.8 vs BOM:531314: 1.64

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.

Integra Capital's adjusted book value per share data for the three months ended in Mar. 2024 was ₹10.182. 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 ₹10.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Integra Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Integra Capital'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.

Integra Capital Cyclically Adjusted PB Ratio Chart

Integra Capital 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 - 0.93 1.92 2.09 1.73

Integra Capital 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 2.09 - 1.49 - 1.73

Competitive Comparison of Integra Capital's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Integra Capital'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.


Integra Capital's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Integra Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Integra Capital 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.96/10.97
=1.55

* 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.

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

For example, Integra Capital'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)
=10.182/153.0345*153.0345
=10.182

Current CPI (Mar. 2024) = 153.0345.

Integra Capital Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 7.700 96.780 12.176
201412 0.000 96.780 0.000
201503 8.074 97.163 12.717
201506 0.000 99.841 0.000
201509 8.124 101.753 12.218
201512 0.000 102.901 0.000
201603 8.237 102.518 12.296
201606 0.000 105.961 0.000
201609 8.289 105.961 11.971
201612 0.000 105.196 0.000
201703 8.541 105.196 12.425
201706 8.612 107.109 12.305
201709 8.660 109.021 12.156
201712 8.850 109.404 12.379
201803 8.676 109.786 12.094
201806 8.686 111.317 11.941
201809 8.790 115.142 11.683
201812 8.732 115.142 11.606
201903 8.903 118.202 11.527
201906 8.819 120.880 11.165
201909 8.167 123.175 10.147
201912 0.000 126.235 0.000
202003 7.771 124.705 9.536
202006 0.000 127.000 0.000
202009 8.276 130.118 9.734
202012 0.000 130.889 0.000
202103 8.596 131.771 9.983
202106 0.000 134.084 0.000
202109 9.149 135.847 10.307
202112 0.000 138.161 0.000
202203 8.793 138.822 9.693
202206 0.000 142.347 0.000
202209 8.223 144.661 8.699
202212 8.398 145.763 8.817
202303 8.142 146.865 8.484
202306 0.000 150.280 0.000
202309 9.009 151.492 9.101
202312 0.000 152.924 0.000
202403 10.182 153.035 10.182

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.


Integra Capital  (BOM:531314) 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.


Integra Capital Cyclically Adjusted PB Ratio Related Terms

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


Integra Capital (BOM:531314) Business Description

Traded in Other Exchanges
N/A
Address
Sansad Marg, 32, Regal Building, New Delhi, IND, 110001
Integra Capital Ltd Formerly Integra Capital Management Ltd is an India-based company engaged in the wealth management business. The company invests in mutual funds, shares, insurance, and fixed-income products. In addition, it also offers financial planning services, as well as consultancy and advisory services.

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