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Indergiri Finance (BOM:531505) Cyclically Adjusted PB Ratio : 4.22 (As of Jun. 07, 2024)


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What is Indergiri Finance Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Indergiri Finance's current share price is ₹53.20. Indergiri Finance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹12.61. Indergiri Finance's Cyclically Adjusted PB Ratio for today is 4.22.

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

BOM:531505' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.45   Max: 8.14
Current: 4.12

During the past years, Indergiri Finance's highest Cyclically Adjusted PB Ratio was 8.14. The lowest was 0.20. And the median was 0.45.

BOM:531505's Cyclically Adjusted PB Ratio is ranked worse than
93.01% of 944 companies
in the Asset Management industry
Industry Median: 0.8 vs BOM:531505: 4.12

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.

Indergiri Finance's adjusted book value per share data for the three months ended in Mar. 2024 was ₹8.554. 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 ₹12.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indergiri Finance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indergiri 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.

* Premium members only.

Indergiri Finance Cyclically Adjusted PB Ratio Chart

Indergiri Finance 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 - 0.23 0.26 0.50 4.40

Indergiri Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 0.50 3.70 4.31 4.40

Competitive Comparison of Indergiri Finance's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Indergiri 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.


Indergiri Finance's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

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



Indergiri 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.

Indergiri Finance's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.20/12.61
=4.22

* 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.

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

For example, Indergiri Finance'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)
=8.554/153.0345*153.0345
=8.554

Current CPI (Mar. 2024) = 153.0345.

Indergiri Finance Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.678 91.425 16.200
201406 0.000 94.103 0.000
201409 9.879 96.780 15.621
201412 0.000 96.780 0.000
201503 9.732 97.163 15.328
201506 0.000 99.841 0.000
201509 9.854 101.753 14.820
201512 0.000 102.901 0.000
201603 9.889 102.518 14.762
201606 0.000 105.961 0.000
201609 9.976 105.961 14.408
201612 0.000 105.196 0.000
201703 9.919 105.196 14.430
201706 0.000 107.109 0.000
201709 9.957 109.021 13.977
201712 0.000 109.404 0.000
201803 10.012 109.786 13.956
201806 0.000 111.317 0.000
201809 10.050 115.142 13.357
201812 0.000 115.142 0.000
201903 10.078 118.202 13.048
201906 0.000 120.880 0.000
201909 10.081 123.175 12.525
201912 0.000 126.235 0.000
202003 10.098 124.705 12.392
202006 0.000 127.000 0.000
202009 10.170 130.118 11.961
202012 0.000 130.889 0.000
202103 10.148 131.771 11.786
202106 0.000 134.084 0.000
202109 9.878 135.847 11.128
202112 0.000 138.161 0.000
202203 9.849 138.822 10.857
202206 0.000 142.347 0.000
202209 9.560 144.661 10.113
202212 0.000 145.763 0.000
202303 9.869 146.865 10.284
202309 9.356 151.492 9.451
202312 8.456 152.924 8.462
202403 8.554 153.035 8.554

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.


Indergiri Finance  (BOM:531505) 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.


Indergiri Finance Cyclically Adjusted PB Ratio Related Terms

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


Indergiri Finance (BOM:531505) Business Description

Traded in Other Exchanges
N/A
Address
Andheri Kurla Road, Unit No. 806, B Wing 8th Floor, Kanakia Wall Street, Chakala, Andheri East, Mumbai, MH, IND, 400093
Indergiri Finance Ltd is a non-banking finance company (NBFC). It is engaged in fund base business activities of leasing, hire purchase, lending, and investment besides non-fund based business activities like merchant banking, syndication, and arrangement of finance etc. The company operates mainly in the business segment of fund based financing activity. All activities of the business are carried out within India.

Indergiri Finance (BOM:531505) Headlines

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