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Karnavati Finance (BOM:538928) Cyclically Adjusted PB Ratio : 1.39 (As of Jun. 03, 2025)


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What is Karnavati Finance Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Karnavati Finance's current share price is ₹2.01. Karnavati Finance's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹1.45. Karnavati Finance's Cyclically Adjusted PB Ratio for today is 1.39.

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

BOM:538928' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.97   Max: 6.8
Current: 1.42

During the past 11 years, Karnavati Finance's highest Cyclically Adjusted PB Ratio was 6.80. The lowest was 1.42. And the median was 2.97.

BOM:538928's Cyclically Adjusted PB Ratio is ranked worse than
61.68% of 321 companies
in the Credit Services industry
Industry Median: 1.02 vs BOM:538928: 1.42

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.

Karnavati Finance's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹1.185. 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 ₹1.45 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Karnavati Finance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Karnavati 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.

Karnavati Finance Cyclically Adjusted PB Ratio Chart

Karnavati 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 - - - 6.81 1.45

Karnavati Finance Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 1.45 - - -

Competitive Comparison of Karnavati Finance's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Karnavati 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.


Karnavati Finance's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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


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Karnavati 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.01/1.45
=1.39

* 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.

Karnavati Finance's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Karnavati Finance's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=1.185/153.0345*153.0345
=1.185

Current CPI (Mar24) = 153.0345.

Karnavati Finance Annual Data

Book Value per Share CPI Adj_Book
201503 0.874 97.163 1.377
201603 0.919 102.518 1.372
201703 1.009 105.196 1.468
201803 1.170 109.786 1.631
201903 1.242 118.202 1.608
202003 1.253 124.705 1.538
202103 1.265 131.771 1.469
202203 1.295 138.822 1.428
202303 1.351 146.865 1.408
202403 1.185 153.035 1.185

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.


Karnavati Finance  (BOM:538928) 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.


Karnavati Finance Cyclically Adjusted PB Ratio Related Terms

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


Karnavati Finance Business Description

Traded in Other Exchanges
N/A
Address
30H Parsi Panchayat Road, Vraj, 2nd Floor, Simran Centre, Mogra Village, Andheri (East), Mumbai, MH, IND, 400053
Karnavati Finance Ltd is a non-banking financial company. The company provides lending, financing and wealth management solutions. It offers customized solutions in areas of personal and business loans, corporate finance, mortgages, capital market-based lending, project loans, structured finance, wealth management and digital lending, debt capital markets and syndication. The company generates revenue in the form of Interest Income.

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