Hasti Finance (BOM:531387) Cyclically Adjusted PB Ratio: (As of Sep. 07, 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:531387 Hasti Finance Ltd BOM:531387
49 GF Score
Price ₹8.00
GF Value ₹2.22
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Hasti Finance Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hasti Finance  (BOM:531387) 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.


Hasti Finance Cyclically Adjusted PB Ratio Related Terms


Hasti Finance Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hasti Finance'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.

Hasti Finance Cyclically Adjusted PB Ratio Chart

Hasti Finance 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 0.20 0.15 0.37 0.23 0.36

Hasti Finance 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 0.00 0.34 0.00 0.36 0.00

BOM:531387 vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, Hasti Finance'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.


Hasti Finance Cyclically Adjusted PB Ratio vs Credit Services Industry

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

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


BOM:531387
49GF Score
Hasti Finance Ltd BOM:531387
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hasti Finance 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.

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

For example, Hasti Finance'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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Hasti Finance Quarterly Data

Book Value per Share CPI Adj_Book
201609 22.781 105.961 35.981
201612 0.000 105.196 0.000
201703 23.114 105.196 36.772
201706 0.000 107.109 0.000
201709 23.124 109.021 35.497
201712 0.000 109.404 0.000
201803 18.373 109.786 28.008
201806 0.000 111.317 0.000
201809 23.344 115.142 33.930
201812 0.000 115.142 0.000
201903 18.724 118.202 26.511
201906 0.000 120.880 0.000
201909 19.312 123.175 26.239
201912 0.000 126.235 0.000
202003 19.061 124.705 25.580
202006 0.000 127.000 0.000
202009 19.329 130.118 24.861
202012 0.000 130.889 0.000
202103 19.567 131.771 24.851
202106 0.000 134.084 0.000
202109 19.620 135.847 24.171
202112 0.000 138.161 0.000
202203 19.639 138.822 23.676
202206 0.000 142.347 0.000
202209 19.682 144.661 22.770
202212 0.000 145.763 0.000
202303 19.245 146.865 21.930
202306 0.000 150.280 0.000
202309 19.061 151.492 21.057
202312 0.000 152.924 0.000
202403 18.773 153.035 20.530
202406 0.000 155.789 0.000
202409 18.713 157.882 19.836
202412 0.000 158.323 0.000
202503 10.973 157.552 11.656
202506 0.000 159.755 0.000
202509 6.794 162.289 7.006
202512 0.000 163.281 0.000
202603 5.198 164.272 5.296
202606 0.000 167.357 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 Hasti Finance (BOM:531387) Overvalued in 2026?

Based on GuruFocus' analysis, Hasti Finance stock appears to be overvalued. The current stock price of ₹8.00 is trading 260.4% above its estimated GF Value™ of ₹2.22. GuruFocus considers Hasti Finance to be Significantly Overvalued.

Key valuation signals for BOM:531387:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹2.22 vs. price of ₹8.00 (260.4% above fair value)
  • GF Score™: 49/100 with 5 warning signs

No single metric tells the full story. See the BOM:531387 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hasti Finance Business Description

Address Sayani Road, Office No. 1A, Anubhav Apartments, Prabhadevi, Mumbai, MH, IND, 400 025
Hasti Finance Ltd is a is Non-Banking Finance company. It provides personal loans, housing loans, and gold loans. The company's only reportable segment is Financing Activity. It generates revenue from Interest on Loans and Supervision Charges. The company offers loans to its customers that is both retail customers and corporate customers.
49GF Score

Get the complete analysis for BOM:531387

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

₹8.00
Price
₹2.22
GF Value