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Bervin Investment & Leasing (BOM:531340) Cyclically Adjusted PB Ratio : 1.45 (As of Jun. 14, 2024)


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What is Bervin Investment & Leasing Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Bervin Investment & Leasing's current share price is ₹45.99. Bervin Investment & Leasing's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹31.68. Bervin Investment & Leasing's Cyclically Adjusted PB Ratio for today is 1.45.

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

BOM:531340' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 1.68   Max: 2.12
Current: 1.41

During the past 13 years, Bervin Investment & Leasing's highest Cyclically Adjusted PB Ratio was 2.12. The lowest was 1.22. And the median was 1.68.

BOM:531340's Cyclically Adjusted PB Ratio is ranked worse than
78.66% of 956 companies
in the Asset Management industry
Industry Median: 0.8 vs BOM:531340: 1.41

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.

Bervin Investment & Leasing's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹65.775. 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 ₹31.68 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bervin Investment & Leasing Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bervin Investment & Leasing'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.

Bervin Investment & Leasing Cyclically Adjusted PB Ratio Chart

Bervin Investment & Leasing 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 0.88 0.63 1.70 1.44 1.13

Bervin Investment & Leasing Quarterly Data
Sep15 Dec15 Mar16 Jun16 Mar17 Mar18 Mar19 Mar20 Mar21 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 1.44 - - - 1.13

Competitive Comparison of Bervin Investment & Leasing's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Bervin Investment & Leasing'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.


Bervin Investment & Leasing's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bervin Investment & Leasing's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bervin Investment & Leasing 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.

Bervin Investment & Leasing's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.99/31.68
=1.45

* 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.

Bervin Investment & Leasing's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Bervin Investment & Leasing's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=65.775/153.0345*153.0345
=65.775

Current CPI (Mar24) = 153.0345.

Bervin Investment & Leasing Annual Data

Book Value per Share CPI Adj_Book
201503 2.449 97.163 3.857
201603 2.559 102.518 3.820
201703 6.290 105.196 9.150
201803 9.803 109.786 13.665
201903 30.038 118.202 38.890
202003 26.918 124.705 33.033
202103 39.347 131.771 45.696
202203 64.431 138.822 71.028
202303 30.604 146.865 31.890
202403 65.775 153.035 65.775

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.


Bervin Investment & Leasing  (BOM:531340) 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.


Bervin Investment & Leasing Cyclically Adjusted PB Ratio Related Terms

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Bervin Investment & Leasing (BOM:531340) Business Description

Traded in Other Exchanges
N/A
Address
3, Tolstoy Marg, 607, Rohit House, New Delhi, IND, 110001
Bervin Investment & Leasing Ltd is an India-based finance company. Principally, it is engaged in the business of leasing and investment activities. It also engages in the leasing of assets/assets financing. It operates in one segment which is Investment and Leasing.

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