Haryana Capfin (BOM:532855) Cyclically Adjusted PB Ratio: (As of Sep. 03, 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.
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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:532855 Haryana Capfin Ltd BOM:532855
83 GF Score
Price ₹144.95
GF Value ₹186.99
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Haryana Capfin Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Haryana Capfin  (BOM:532855) 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.


Haryana Capfin Cyclically Adjusted PB Ratio Related Terms


Haryana Capfin Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Haryana Capfin'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.

Haryana Capfin Cyclically Adjusted PB Ratio Chart

Haryana Capfin 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 0.38 0.29 0.65 0.60 0.33

Haryana Capfin 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 0.59 0.00 0.33 0.00

BOM:532855 vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, Haryana Capfin'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.


Haryana Capfin Cyclically Adjusted PB Ratio vs Credit Services Industry

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

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


BOM:532855
83GF Score
Haryana Capfin Ltd BOM:532855
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haryana Capfin 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.

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

For example, Haryana Capfin'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.

Haryana Capfin Quarterly Data

Book Value per Share CPI Adj_Book
201609 63.153 105.961 99.745
201612 0.000 105.196 0.000
201703 67.552 105.196 107.469
201706 0.000 107.109 0.000
201709 70.481 109.021 108.194
201712 0.000 109.404 0.000
201803 219.916 109.786 335.238
201806 0.000 111.317 0.000
201809 74.031 115.142 107.603
201812 0.000 115.142 0.000
201903 255.975 118.202 362.424
201906 0.000 120.880 0.000
201909 214.033 123.175 290.806
201912 0.000 126.235 0.000
202003 129.873 124.705 174.293
202006 0.000 127.000 0.000
202009 142.787 130.118 183.652
202012 0.000 130.889 0.000
202103 173.431 131.771 220.269
202106 0.000 134.084 0.000
202109 192.218 135.847 236.804
202112 0.000 138.161 0.000
202203 283.376 138.822 341.625
202206 0.000 142.347 0.000
202209 380.097 144.661 439.731
202212 0.000 145.763 0.000
202303 349.039 146.865 397.742
202306 0.000 150.280 0.000
202309 564.086 151.492 623.161
202312 0.000 152.924 0.000
202403 768.947 153.035 840.914
202406 0.000 155.789 0.000
202409 612.550 157.882 649.311
202412 0.000 158.323 0.000
202503 647.740 157.552 688.054
202506 0.000 159.755 0.000
202509 586.259 162.289 604.567
202512 0.000 163.281 0.000
202603 563.608 164.272 574.192
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 Haryana Capfin (BOM:532855) Overvalued in 2026?

Based on GuruFocus' analysis, Haryana Capfin stock appears to be undervalued. The current stock price of ₹144.95 is trading 22.5% below its estimated GF Value™ of ₹186.99. GuruFocus considers Haryana Capfin to be Modestly Undervalued.

Key valuation signals for BOM:532855:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹186.99 vs. price of ₹144.95 (22.5% below fair value)
  • GF Score™: 83/100 with 4 warning signs

No single metric tells the full story. See the BOM:532855 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haryana Capfin Business Description

Address B-59, Greater Kailash-I, New Delhi, IND, 110048
Haryana Capfin Ltd is an India-based non-banking finance company engaged in financing and investment activities. Its core business includes investment in shares and securities and financing. The company derives key revenue in the form of interest and dividend income.
83GF Score

Get the complete analysis for BOM:532855

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

₹144.95
Price
₹186.99
GF Value