Minolta Finance (BOM:532164) Cyclically Adjusted PB Ratio: (As of Sep. 10, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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:532164 Minolta Finance Ltd BOM:532164
46 GF Score
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What is Minolta Finance Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Minolta Finance  (BOM:532164) 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.


Minolta Finance Cyclically Adjusted PB Ratio Related Terms


Minolta Finance Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Minolta 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.

Minolta Finance Cyclically Adjusted PB Ratio Chart

Minolta 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 0.30 0.57 0.62 1.16 1.19

Minolta 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 0.00 0.00 1.19 0.00

BOM:532164 vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Minolta 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.


Minolta Finance Cyclically Adjusted PB Ratio vs Asset Management Industry

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

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


BOM:532164
46GF Score
Minolta Finance Ltd BOM:532164
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Minolta 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.

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

For example, Minolta 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.

Minolta Finance Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.806 105.961 1.273
201612 0.000 105.196 0.000
201703 0.803 105.196 1.278
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.897 109.786 1.367
201806 0.000 111.317 0.000
201809 0.836 115.142 1.215
201812 0.000 115.142 0.000
201903 0.921 118.202 1.304
201906 0.000 120.880 0.000
201909 0.829 123.175 1.126
201912 0.000 126.235 0.000
202003 0.987 124.705 1.325
202006 0.000 127.000 0.000
202009 0.949 130.118 1.221
202012 0.000 130.889 0.000
202103 0.942 131.771 1.196
202106 0.000 134.084 0.000
202109 0.957 135.847 1.179
202112 0.000 138.161 0.000
202203 0.946 138.822 1.140
202206 0.000 142.347 0.000
202209 0.948 144.661 1.097
202212 0.000 145.763 0.000
202303 0.951 146.865 1.084
202306 0.000 150.280 0.000
202309 0.953 151.492 1.053
202312 0.000 152.924 0.000
202403 0.955 153.035 1.044
202406 0.000 155.789 0.000
202409 0.958 157.882 1.015
202412 0.000 158.323 0.000
202503 0.956 157.552 1.015
202506 0.000 159.755 0.000
202509 0.000 162.289 0.000
202512 0.000 163.281 0.000
202603 0.829 164.272 0.845
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.


Minolta Finance Business Description

Address Unique Pearl, BL-A, Hatiara, Roy Para, Kolkata, WB, IND, 700157
Minolta Finance Ltd is an Indian non-banking finance company. The company generates revenue from interest income.
46GF Score

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

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