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Central Bank of India (BOM:532885) Cyclically Adjusted PB Ratio : 0.33 (As of May. 31, 2025)


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What is Central Bank of India Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Central Bank of India's current share price is ₹38.94. Central Bank of India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹117.27. Central Bank of India's Cyclically Adjusted PB Ratio for today is 0.33.

The historical rank and industry rank for Central Bank of India's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:532885' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.45   Max: 0.51
Current: 0.32

During the past years, Central Bank of India's highest Cyclically Adjusted PB Ratio was 0.51. The lowest was 0.29. And the median was 0.45.

BOM:532885's Cyclically Adjusted PB Ratio is ranked better than
91.97% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs BOM:532885: 0.32

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.

Central Bank of India's adjusted book value per share data for the three months ended in Mar. 2025 was ₹40.747. 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 ₹117.27 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Bank of India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Central Bank of India'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.

Central Bank of India Cyclically Adjusted PB Ratio Chart

Central Bank of India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.46 0.36

Central Bank of India Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.46 0.49 0.46 0.44 0.36

Competitive Comparison of Central Bank of India's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Central Bank of India'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.


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

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

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


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Central Bank of India 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.

Central Bank of India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.94/117.27
=0.33

* 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.

Central Bank of India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Central Bank of India's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=40.747/157.5517*157.5517
=40.747

Current CPI (Mar. 2025) = 157.5517.

Central Bank of India Quarterly Data

Book Value per Share CPI Adj_Book
200703 79.696 48.581 258.458
200803 126.019 52.407 378.854
200903 137.404 56.615 382.379
201003 166.562 65.030 403.537
201103 232.291 70.768 517.151
201203 150.049 76.889 307.464
201303 133.273 85.687 245.048
201403 106.582 91.425 183.672
201503 106.948 97.163 173.418
201603 109.531 102.518 168.329
201703 95.740 105.196 143.389
201803 69.555 109.786 99.817
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 47.925 118.202 63.879
201906 47.252 120.880 61.587
201909 55.872 123.175 71.465
201912 40.661 126.235 50.748
202003 37.719 124.705 47.654
202006 37.977 127.000 47.113
202009 37.558 130.118 45.477
202012 37.838 130.889 45.546
202103 45.097 131.771 53.920
202106 30.811 134.084 36.204
202109 31.043 135.847 36.003
202112 31.368 138.161 35.771
202203 31.736 138.822 36.018
202206 32.046 142.347 35.469
202209 32.439 144.661 35.330
202212 32.975 145.763 35.642
202303 33.656 146.865 36.105
202306 34.226 150.280 35.882
202309 34.943 151.492 36.341
202312 35.789 152.924 36.872
202403 37.294 153.035 38.395
202406 37.229 155.789 37.650
202409 38.589 157.882 38.508
202412 39.468 158.323 39.276
202503 40.747 157.552 40.747

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.


Central Bank of India  (BOM:532885) 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.


Central Bank of India Cyclically Adjusted PB Ratio Related Terms

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


Central Bank of India Business Description

Traded in Other Exchanges
Address
Chander Mukhi Building, 9th Floor, Nariman Point, Mumbai, MH, IND, 400021
Central Bank of India is a commercial bank based in India. Its business comprises predominantly corporate and retail banking operations, which it provides through its network of branches and online platforms. Its retail banking operations comprise deposits, loans and digital banking services, agri-banking and debit and credit card facilities tailor-made for individual customers and its corporate banking products serve institutional and corporate customers. Its other business lines are treasury and other banking operations which involves dealing in Government and other securities money market operations and forex operations.

Central Bank of India Headlines

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