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PMC Fincorp (BOM:534060) Cyclically Adjusted PB Ratio : (As of Sep. 22, 2024)


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What is PMC Fincorp Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PMC Fincorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PMC Fincorp'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.

PMC Fincorp Cyclically Adjusted PB Ratio Chart

PMC Fincorp 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 - 0.76 3.81 1.19 1.25

PMC Fincorp 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 - 0.99 - 1.25 -

Competitive Comparison of PMC Fincorp's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, PMC Fincorp'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.


PMC Fincorp's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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



PMC Fincorp 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.

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

For example, PMC Fincorp'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.

PMC Fincorp Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.190 96.780 1.916
201412 0.000 96.780 0.000
201503 1.153 97.163 1.849
201506 0.000 99.841 0.000
201509 1.195 101.753 1.830
201512 0.000 102.901 0.000
201603 1.165 102.518 1.770
201606 0.000 105.961 0.000
201609 1.228 105.961 1.805
201612 0.000 105.196 0.000
201703 1.220 105.196 1.807
201706 0.000 107.109 0.000
201709 1.306 109.021 1.866
201712 0.000 109.404 0.000
201803 1.302 109.786 1.848
201806 0.000 111.317 0.000
201809 1.340 115.142 1.813
201812 0.000 115.142 0.000
201903 1.334 118.202 1.758
201906 0.000 120.880 0.000
201909 1.347 123.175 1.704
201912 0.000 126.235 0.000
202003 1.374 124.705 1.716
202006 0.000 127.000 0.000
202009 1.387 130.118 1.661
202012 0.000 130.889 0.000
202103 1.409 131.771 1.666
202106 0.000 134.084 0.000
202109 1.441 135.847 1.653
202112 0.000 138.161 0.000
202203 1.706 138.822 1.915
202206 0.000 142.347 0.000
202209 1.951 144.661 2.101
202212 0.000 145.763 0.000
202303 1.936 146.865 2.054
202306 0.000 150.280 0.000
202309 2.057 151.492 2.115
202312 0.000 152.924 0.000
202403 2.157 153.035 2.196
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.


PMC Fincorp  (BOM:534060) 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.


PMC Fincorp Cyclically Adjusted PB Ratio Related Terms

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PMC Fincorp Business Description

Traded in Other Exchanges
N/A
Address
201 & 202 Second Floor Rattan Jyoti Building, 18, Rajendra Place, New Delhi, IND, 110008
PMC Fincorp Ltd is a non-banking finance company. It is engaged in financing business, trading in the shares, and investment activities. It offers Corporate and Personal Finance, Debt Syndication, Private Placement, Arranger, Distribution and Marketing of Financial Products, and Dealing and Investment in the Stock Market. The company generates the majority of its revenue from Interest Income.

PMC Fincorp Headlines

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