GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Maharashtra (BOM:532525) » Definitions » Cyclically Adjusted PB Ratio

Bank of Maharashtra (BOM:532525) Cyclically Adjusted PB Ratio : (As of Sep. 26, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Bank of Maharashtra Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Maharashtra Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bank of Maharashtra'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.

Bank of Maharashtra Cyclically Adjusted PB Ratio Chart

Bank of Maharashtra 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 - - - - 0.94

Bank of Maharashtra Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - 0.94 -

Competitive Comparison of Bank of Maharashtra's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bank of Maharashtra'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.


Bank of Maharashtra's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Maharashtra's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Maharashtra's Cyclically Adjusted PB Ratio falls into.



Bank of Maharashtra 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.

Bank of Maharashtra's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Bank of Maharashtra's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0/155.7889*155.7889
=0.000

Current CPI (Jun. 2024) = 155.7889.

Bank of Maharashtra Quarterly Data

Book Value per Share CPI Adj_Book
200603 36.629 45.521 125.357
200703 40.596 48.581 130.182
200803 41.550 52.407 123.515
200903 58.674 56.615 161.456
201003 66.602 65.030 159.554
201103 82.711 70.768 182.080
201112 0.000 75.359 0.000
201203 80.428 76.889 162.960
201212 0.000 83.774 0.000
201303 97.144 85.687 176.619
201403 88.306 91.425 150.474
201503 76.401 97.163 122.500
201603 75.836 102.518 115.242
201703 63.928 105.196 94.673
201803 38.742 109.786 54.976
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 21.368 118.202 28.163
201906 18.203 120.880 23.460
201909 18.416 123.175 23.292
201912 18.641 126.235 23.005
202003 18.731 124.705 23.400
202006 18.912 127.000 23.199
202009 18.272 130.118 21.877
202012 18.510 130.889 22.031
202103 18.762 131.771 22.182
202106 19.088 134.084 22.178
202109 19.612 135.847 22.491
202112 20.072 138.161 22.633
202203 20.893 138.822 23.447
202206 21.566 142.347 23.602
202209 22.360 144.661 24.080
202212 23.512 145.763 25.129
202303 23.461 146.865 24.887
202306 24.958 150.280 25.873
202309 26.257 151.492 27.002
202312 27.724 152.924 28.243
202403 28.060 153.035 28.565
202406 0.000 155.789 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.


Bank of Maharashtra  (BOM:532525) 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.


Bank of Maharashtra Cyclically Adjusted PB Ratio Related Terms

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


Bank of Maharashtra Business Description

Traded in Other Exchanges
Address
Lokmangal, 1501, Shivaji Nagar, Pune, MH, IND, 411005
Bank of Maharashtra is an Indian banking corporation. The bank provides various deposit schemes such as saving account, current account, term deposit, and capital gain accounts. It also provides credit facilities such as term loans, overdrafts, letters of credit, guarantees, and other credit facilities. The bank organizes its business in four segments namely Treasury; Corporate/Wholesale banking; Retail banking; and Other banking operations. Its Treasury segments include investment, balances with banks outside India, interest accrued on investments; corporate banking segment include all advances to trusts, partnership firms, companies, and statutory bodies; retail banking include exposure to the individuals and small business. The bank principally generates revenue within India.

Bank of Maharashtra Headlines

No Headlines