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Rajputana Investment and Finance (BOM:539090) Cyclically Adjusted PB Ratio : 2.68 (As of Jun. 14, 2024)


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What is Rajputana Investment and Finance Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Rajputana Investment and Finance's current share price is ₹34.38. Rajputana Investment and Finance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹12.82. Rajputana Investment and Finance's Cyclically Adjusted PB Ratio for today is 2.68.

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

BOM:539090' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.62   Med: 3.16   Max: 3.58
Current: 2.62

During the past years, Rajputana Investment and Finance's highest Cyclically Adjusted PB Ratio was 3.58. The lowest was 2.62. And the median was 3.16.

BOM:539090's Cyclically Adjusted PB Ratio is ranked worse than
89.44% of 956 companies
in the Asset Management industry
Industry Median: 0.8 vs BOM:539090: 2.62

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.

Rajputana Investment and Finance's adjusted book value per share data for the three months ended in Mar. 2024 was ₹11.999. 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 ₹12.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rajputana Investment and Finance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rajputana Investment and 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.

Rajputana Investment and Finance Cyclically Adjusted PB Ratio Chart

Rajputana Investment and 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 - - - - 2.80

Rajputana Investment and 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 - - - - 2.80

Competitive Comparison of Rajputana Investment and Finance's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Rajputana Investment and 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.


Rajputana Investment and Finance's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Rajputana Investment and Finance's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rajputana Investment and 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.

Rajputana Investment and Finance's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.38/12.82
=2.68

* 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.

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

For example, Rajputana Investment and 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)
=11.999/153.0345*153.0345
=11.999

Current CPI (Mar. 2024) = 153.0345.

Rajputana Investment and Finance Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 10.073 97.163 15.865
201506 0.000 99.841 0.000
201509 10.062 101.753 15.133
201512 0.000 102.901 0.000
201603 9.964 102.518 14.874
201606 0.000 105.961 0.000
201609 10.130 105.961 14.630
201612 0.000 105.196 0.000
201703 10.112 105.196 14.710
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 9.899 109.786 13.799
201806 0.000 111.317 0.000
201809 9.761 115.142 12.973
201812 0.000 115.142 0.000
201903 9.966 118.202 12.903
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 10.022 124.705 12.299
202006 0.000 127.000 0.000
202009 10.069 130.118 11.842
202012 0.000 130.889 0.000
202103 10.064 131.771 11.688
202106 0.000 134.084 0.000
202109 10.070 135.847 11.344
202112 0.000 138.161 0.000
202203 10.109 138.822 11.144
202206 0.000 142.347 0.000
202209 9.816 144.661 10.384
202212 0.000 145.763 0.000
202303 10.320 146.865 10.754
202306 0.000 150.280 0.000
202309 11.495 151.492 11.612
202312 0.000 152.924 0.000
202403 11.999 153.035 11.999

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.


Rajputana Investment and Finance  (BOM:539090) 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.


Rajputana Investment and Finance Cyclically Adjusted PB Ratio Related Terms

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


Rajputana Investment and Finance (BOM:539090) Business Description

Traded in Other Exchanges
N/A
Address
NH Bypass, Building No: 1/110, BRD Complex, Konikkara, Thrissur, KL, IND, 680306
Rajputana Investment and Finance Ltd is engaged in investment and financial activity. The company provides services such as opening current accounts, overdraft accounts, and cash credits with banks, loan offices, and buying and selling securities among others.

Rajputana Investment and Finance (BOM:539090) Headlines

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