RBL Bank (BOM:540065) Cyclically Adjusted PB Ratio: (As of Sep. 10, 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:540065 RBL Bank Ltd BOM:540065
64 GF Score
Price ₹416.80
GF Value ₹222.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is RBL Bank Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


RBL Bank  (BOM:540065) 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.


RBL Bank Cyclically Adjusted PB Ratio Related Terms


RBL Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for RBL Bank'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.

RBL Bank Cyclically Adjusted PB Ratio Chart

RBL Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.25

RBL Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.26 0.00 1.25 0.00

RBL Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, RBL Bank'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.


RBL Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


BOM:540065
64GF Score
RBL Bank Ltd BOM:540065
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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RBL Bank 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.

RBL Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, RBL Bank's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

RBL Bank Quarterly Data

Book Value per Share CPI Adj_Book
201403 69.262 91.425 126.787
201503 75.972 97.163 130.857
201509 0.000 101.753 0.000
201603 92.023 102.518 150.224
201609 108.973 105.961 172.114
201703 115.573 105.196 183.866
201803 159.187 109.786 242.663
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 176.579 118.202 250.011
201906 182.903 120.880 253.228
201909 180.776 123.175 245.620
201912 207.151 126.235 274.632
202003 207.685 124.705 278.718
202006 210.717 127.000 277.677
202009 213.599 130.118 274.730
202012 210.588 130.889 269.262
202103 211.803 131.771 269.004
202106 0.000 134.084 0.000
202109 204.094 135.847 251.434
202112 0.000 138.161 0.000
202203 209.011 138.822 251.974
202206 0.000 142.347 0.000
202209 216.436 144.661 250.393
202212 0.000 145.763 0.000
202303 225.590 146.865 257.068
202306 0.000 150.280 0.000
202309 235.121 151.492 259.745
202312 0.000 152.924 0.000
202403 245.206 153.035 268.155
202406 0.000 155.789 0.000
202409 255.004 157.882 270.308
202412 0.000 158.323 0.000
202503 257.775 157.552 273.818
202506 0.000 159.755 0.000
202509 262.966 162.289 271.178
202512 0.000 163.281 0.000
202603 270.570 164.272 275.651
202606 0.000 167.357 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 RBL Bank (BOM:540065) Overvalued in 2026?

Based on GuruFocus' analysis, RBL Bank stock appears to be overvalued. The current stock price of ₹416.80 is trading 87.7% above its estimated GF Value™ of ₹222.06. GuruFocus considers RBL Bank to be Significantly Overvalued.

Key valuation signals for BOM:540065:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹222.06 vs. price of ₹416.80 (87.7% above fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the BOM:540065 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RBL Bank Business Description

Other Exchanges RBLBANK:India
Address 841, Senapati Bapat Marg, One world Centre, Tower 2B, 6th Floor, Lower Parel (West), Mumbai, MH, IND, 400013
RBL Bank Ltd is an Indian commercial bank. Its segments include Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations. The Treasury segment includes investments and all financial markets activities undertaken on behalf of the Bank's customers, proprietary trading, bullion business, maintenance of reserve requirements, and Other; Retail Banking segment includes lending, deposits, credit cards and other banking services provided to retail customers of the bank; Corporate/Wholesale Banking segment includes lending, deposits, and other banking services provided to corporate customers of the Bank and other banking operations; Other Banking Operations Includes para banking activities like Bancassurance, etc. It generates maximum revenue from the Retail Banking.
64GF Score

Get the complete analysis for BOM:540065

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

₹416.80
Price
₹222.06
GF Value