Star Housing Finance (BOM:539017) Cyclically Adjusted PB Ratio: (As of Sep. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:539017 Star Housing Finance Ltd BOM:539017
70 GF Score
Price ₹4.95
GF Value ₹83.07
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Star Housing Finance Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Star Housing Finance  (BOM:539017) 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.


Star Housing Finance Cyclically Adjusted PB Ratio Related Terms


Star Housing Finance Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Star 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.

Star Housing Finance Cyclically Adjusted PB Ratio Chart

Star Housing Finance 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 0.00 0.00 0.00 0.00 2.92

Star Housing Finance Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 2.92 0.00 1.86 0.00

BOM:539017 vs RKT, FNMA, PFSI: Cyclically Adjusted PB Ratio Comparison

For the Mortgage Finance subindustry, Star 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.


Star Housing Finance Cyclically Adjusted PB Ratio vs Banks Industry

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

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


BOM:539017
70GF Score
Star Housing Finance Ltd BOM:539017
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star 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.

Star Housing Finance's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Star Housing Finance's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/163.2808*163.2808
=0.000

Current CPI (Dec. 2025) = 163.2808.

Star Housing Finance Quarterly Data

Book Value per Share CPI Adj_Book
201603 3.483 102.518 5.547
201606 0.000 105.961 0.000
201609 3.641 105.961 5.611
201612 0.000 105.196 0.000
201703 3.780 105.196 5.867
201706 0.000 107.109 0.000
201709 4.034 109.021 6.042
201712 0.000 109.404 0.000
201803 5.457 109.786 8.116
201806 0.000 111.317 0.000
201809 5.195 115.142 7.367
201812 0.000 115.142 0.000
201903 6.316 118.202 8.725
201906 0.000 120.880 0.000
201909 5.449 123.175 7.223
201912 0.000 126.235 0.000
202003 8.370 124.705 10.959
202006 0.000 127.000 0.000
202009 8.582 130.118 10.769
202012 0.000 130.889 0.000
202103 8.556 131.771 10.602
202106 0.000 134.084 0.000
202109 8.653 135.847 10.400
202112 0.000 138.161 0.000
202203 9.664 138.822 11.367
202206 0.000 142.347 0.000
202209 12.223 144.661 13.796
202212 0.000 145.763 0.000
202303 13.792 146.865 15.334
202306 0.000 150.280 0.000
202309 14.567 151.492 15.701
202312 0.000 152.924 0.000
202403 16.897 153.035 18.028
202406 0.000 155.789 0.000
202409 17.759 157.882 18.366
202412 0.000 158.323 0.000
202503 18.220 157.552 18.883
202506 0.000 159.755 0.000
202509 18.558 162.289 18.671
202512 0.000 163.281 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.

Is Star Housing Finance (BOM:539017) Overvalued in 2026?

Based on GuruFocus' analysis, Star Housing Finance stock appears to be undervalued. The current stock price of ₹4.95 is trading 94% below its estimated GF Value™ of ₹83.07. GuruFocus considers Star Housing Finance to be Possible Value Trap.

Key valuation signals for BOM:539017:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹83.07 vs. price of ₹4.95 (94% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the BOM:539017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Star Housing Finance Business Description

Address 603, Western Edge 1, Above Metro Cash & Carry, Borivali East, Mumbai, MH, IND, 400066
Star Housing Finance Ltd is a non-deposit-taking housing finance company. The company's loan products include home loans, mortgage loans, and builder loans. The firm offers home loans for the purchase of flats and houses, renovation of existing units, extension of existing units, and purchase of plots for the construction of houses. The company offers a builder loan for the construction of residential flats. The company is engaged in the business of providing loans to individuals, corporations, and developers for the purchase, construction, development, and repair of houses, apartments, and commercial properties in India.
70GF Score

Get the complete analysis for BOM:539017

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4.95
Price
₹83.07
GF Value