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Sonal Mercantile (BOM:538943) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2025)


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What is Sonal Mercantile Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sonal Mercantile Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sonal Mercantile'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.

Sonal Mercantile Cyclically Adjusted PB Ratio Chart

Sonal Mercantile 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 - - - 0.88 0.92

Sonal Mercantile 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 - 0.92 - 1.09 -

Competitive Comparison of Sonal Mercantile's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Sonal Mercantile'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.


Sonal Mercantile's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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


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Sonal Mercantile 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.

Sonal Mercantile's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Sonal Mercantile's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0/158.3229*158.3229
=0.000

Current CPI (Dec. 2024) = 158.3229.

Sonal Mercantile Quarterly Data

Book Value per Share CPI Adj_Book
201503 14.989 97.163 24.424
201506 0.000 99.841 0.000
201509 15.226 101.753 23.691
201512 0.000 102.901 0.000
201603 15.022 102.518 23.199
201606 0.000 105.961 0.000
201609 15.196 105.961 22.705
201612 0.000 105.196 0.000
201703 15.081 105.196 22.697
201706 0.000 107.109 0.000
201709 15.220 109.021 22.103
201712 0.000 109.404 0.000
201803 115.586 109.786 166.686
201806 0.000 111.317 0.000
201809 15.312 115.142 21.054
201812 0.000 115.142 0.000
201903 119.406 118.202 159.935
201906 0.000 120.880 0.000
201909 25.841 123.175 33.215
201912 0.000 126.235 0.000
202003 125.075 124.705 158.793
202006 0.000 127.000 0.000
202009 129.500 130.118 157.571
202012 0.000 130.889 0.000
202103 146.993 131.771 176.613
202106 0.000 134.084 0.000
202109 25.671 135.847 29.918
202112 0.000 138.161 0.000
202203 168.120 138.822 191.737
202206 0.000 142.347 0.000
202209 174.348 144.661 190.813
202212 0.000 145.763 0.000
202303 196.529 146.865 211.862
202306 0.000 150.280 0.000
202309 203.494 151.492 212.670
202312 0.000 152.924 0.000
202403 212.947 153.035 220.306
202406 0.000 155.789 0.000
202409 223.474 157.882 224.098
202412 0.000 158.323 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.


Sonal Mercantile  (BOM:538943) 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.


Sonal Mercantile Cyclically Adjusted PB Ratio Related Terms

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Sonal Mercantile Business Description

Traded in Other Exchanges
N/A
Address
365, Vardhman Plaza, III Floor, Sector-3, Rohini, New Delhi, IND, 110085
Sonal Mercantile Ltd is an India-based non-banking financial company. It is engaged in providing secured and unsecured loans and advances and is also involved in investing in quoted and unquoted securities in the stock and commodity markets. The company offers inter-corporate loans, personal loans, long-term and short-term loans, Trade financing, Bills Discounting, Project Appraisal, Loans against Guarantees, and Properties.

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