Shriram Asset Management Co (BOM:531359) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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.
Reviewed by: Charlie Tian Charlie Tian
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:531359 Shriram Asset Management Co Ltd BOM:531359
59 GF Score
Price ₹277.50
GF Value ₹562.11
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shriram Asset Management Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shriram Asset Management Co  (BOM:531359) 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.


Shriram Asset Management Co Cyclically Adjusted PB Ratio Related Terms


Shriram Asset Management Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shriram Asset Management Co'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.

Shriram Asset Management Co Cyclically Adjusted PB Ratio Chart

Shriram Asset Management Co 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 - - - - 9.70

Shriram Asset Management Co 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 - - - 9.70 9.81

BOM:531359 vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Shriram Asset Management Co'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.


Shriram Asset Management Co Cyclically Adjusted PB Ratio vs Asset Management Industry

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

* The bar in red indicates where Shriram Asset Management Co's Cyclically Adjusted PB Ratio falls into.


BOM:531359
59GF Score
Shriram Asset Management Co Ltd BOM:531359
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shriram Asset Management Co 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.

Shriram Asset Management Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Shriram Asset Management Co's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=89.748/164.2724*164.2724
=89.748

Current CPI (Mar26) = 164.2724.

Shriram Asset Management Co Annual Data

Book Value per Share CPI Adj_Book
201703 8.691 105.196 13.572
201803 10.470 109.786 15.666
201903 7.719 118.202 10.728
202003 3.203 124.705 4.219
202103 2.407 131.771 3.001
202203 -0.295 138.822 -0.349
202303 36.425 146.865 40.742
202403 59.586 153.035 63.962
202503 48.399 157.552 50.464
202603 89.748 164.272 89.748

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 Shriram Asset Management Co (BOM:531359) Overvalued in 2026?

Based on GuruFocus' analysis, Shriram Asset Management Co stock appears to be undervalued. The current stock price of ₹277.50 is trading 50.6% below its estimated GF Value™ of ₹562.11. GuruFocus considers Shriram Asset Management Co to be Significantly Undervalued.

Key valuation signals for BOM:531359:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹562.11 vs. price of ₹277.50 (50.6% below fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the BOM:531359 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shriram Asset Management Co Business Description

Address Sahar Plaza, J. B. Nagar, 511-512, 5th Floor, Meadows, Andheri (East), Mumbai, MH, IND, 400 059
Shriram Asset Management Co Ltd is an Indian financial services company. The investment objective of the company is to generate long-term capital appreciation and current income with reduced volatility by investing in equity and equity-related securities as well as fixed-income securities.
59GF Score

Get the complete analysis for BOM:531359

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

₹277.50
Price
₹562.11
GF Value