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Indiabulls Housing Finance (BOM:535789) Cyclically Adjusted PB Ratio : 0.48 (As of Jun. 17, 2024)


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What is Indiabulls Housing Finance Cyclically Adjusted PB Ratio?

As of today (2024-06-17), Indiabulls Housing Finance's current share price is ₹172.25. Indiabulls Housing Finance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹356.21. Indiabulls Housing Finance's Cyclically Adjusted PB Ratio for today is 0.48.

The historical rank and industry rank for Indiabulls Housing Finance's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:535789' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.42   Max: 0.62
Current: 0.48

During the past years, Indiabulls Housing Finance's highest Cyclically Adjusted PB Ratio was 0.62. The lowest was 0.25. And the median was 0.42.

BOM:535789's Cyclically Adjusted PB Ratio is ranked better than
84.95% of 1196 companies
in the Banks industry
Industry Median: 0.9 vs BOM:535789: 0.48

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.

Indiabulls Housing Finance's adjusted book value per share data for the three months ended in Mar. 2024 was ₹267.936. 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 ₹356.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indiabulls Housing Finance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indiabulls Housing 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.

* Premium members only.

Indiabulls Housing Finance Cyclically Adjusted PB Ratio Chart

Indiabulls Housing Finance 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 - - 0.44 0.25 0.47

Indiabulls Housing Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.25 - 0.47 - 0.47

Competitive Comparison of Indiabulls Housing Finance's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, Indiabulls Housing 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.


Indiabulls Housing Finance's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Indiabulls Housing Finance's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Indiabulls Housing 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.

Indiabulls Housing Finance's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=172.25/356.21
=0.48

* 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.

Indiabulls Housing Finance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Indiabulls Housing Finance's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=267.936/153.0345*153.0345
=267.936

Current CPI (Mar. 2024) = 153.0345.

Indiabulls Housing Finance Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 153.677 96.780 243.003
201412 0.000 96.780 0.000
201503 166.358 97.163 262.019
201506 0.000 99.841 0.000
201509 220.564 101.753 331.723
201512 0.000 102.901 0.000
201603 226.407 102.518 337.970
201606 0.000 105.961 0.000
201609 241.447 105.961 348.710
201612 0.000 105.196 0.000
201703 261.747 105.196 380.778
201706 0.000 107.109 0.000
201709 262.494 109.021 368.466
201712 0.000 109.404 0.000
201803 300.249 109.786 418.526
201806 0.000 111.317 0.000
201809 323.356 115.142 429.771
201812 0.000 115.142 0.000
201903 343.687 118.202 444.966
201906 0.000 120.880 0.000
201909 354.064 123.175 439.895
201912 0.000 126.235 0.000
202003 324.124 124.705 397.756
202006 303.029 127.000 365.148
202009 308.307 130.118 362.607
202012 0.000 130.889 0.000
202103 311.247 131.771 361.473
202106 301.573 134.084 344.195
202109 306.512 135.847 345.292
202112 314.296 138.161 348.132
202203 317.397 138.822 349.892
202206 0.000 142.347 0.000
202209 320.154 144.661 338.685
202212 0.000 145.763 0.000
202303 345.193 146.865 359.695
202306 0.000 150.280 0.000
202309 342.772 151.492 346.262
202312 0.000 152.924 0.000
202403 267.936 153.035 267.936

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.


Indiabulls Housing Finance  (BOM:535789) 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.


Indiabulls Housing Finance Cyclically Adjusted PB Ratio Related Terms

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


Indiabulls Housing Finance (BOM:535789) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Elphinstone Road, 18th Floor, One Internaonal Centre, Tower 1, Mumbai, MH, IND, 400 013
Indiabulls Housing Finance Ltd operates as a private housing finance company in India. The company has businesses spread across housing finance, real estate, and wealth management. Indiabulls offers home loans for resident Indians as well as non-residents. The company is focused on home loans in the affordable housing segment. The company's strategy focuses on educating the customer through convenient, scalable services. Indiabulls also works on effective technology deployment in order to streamline its operations with a focus on payment collection.

Indiabulls Housing Finance (BOM:535789) Headlines

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