Corporate Merchant Bankers (BOM:540199) 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:540199 Corporate Merchant Bankers Ltd BOM:540199
29 GF Score
Price ₹45.00
! 2 Warning Signs
View Full Analysis

What is Corporate Merchant Bankers Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Corporate Merchant Bankers  (BOM:540199) 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.


Corporate Merchant Bankers Cyclically Adjusted PB Ratio Related Terms


Corporate Merchant Bankers Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Corporate Merchant Bankers'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.

Corporate Merchant Bankers Cyclically Adjusted PB Ratio Chart

Corporate Merchant Bankers 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 1.23 1.30 2.87 3.34

Corporate Merchant Bankers 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 14.30 0.00 3.34 0.00

BOM:540199 vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, Corporate Merchant Bankers'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.


Corporate Merchant Bankers Cyclically Adjusted PB Ratio vs Credit Services Industry

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

* The bar in red indicates where Corporate Merchant Bankers's Cyclically Adjusted PB Ratio falls into.


BOM:540199
29GF Score
Corporate Merchant Bankers Ltd BOM:540199
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corporate Merchant Bankers 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.

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

For example, Corporate Merchant Bankers'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.

Corporate Merchant Bankers Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.000 102.901 0.000
201603 10.164 102.518 16.592
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201703 10.176 105.196 16.189
201712 0.000 109.404 0.000
201803 10.182 109.786 15.521
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 10.178 118.202 14.411
201906 0.000 120.880 0.000
201909 10.183 123.175 13.836
201912 0.000 126.235 0.000
202003 10.175 124.705 13.655
202006 0.000 127.000 0.000
202009 10.180 130.118 13.093
202012 0.000 130.889 0.000
202103 10.185 131.771 12.936
202106 0.000 134.084 0.000
202109 10.199 135.847 12.565
202112 0.000 138.161 0.000
202203 10.211 138.822 12.310
202206 0.000 142.347 0.000
202209 10.045 144.661 11.621
202212 0.000 145.763 0.000
202303 10.186 146.865 11.607
202306 0.000 150.280 0.000
202309 9.764 151.492 10.787
202312 0.000 152.924 0.000
202403 9.501 153.035 10.390
202406 0.000 155.789 0.000
202409 9.404 157.882 9.968
202412 0.000 158.323 0.000
202503 16.023 157.552 17.020
202506 0.000 159.755 0.000
202509 20.871 162.289 21.523
202512 0.000 163.281 0.000
202603 16.463 164.272 16.772
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.


Corporate Merchant Bankers Business Description

Address FIEEE Complex, A-19, Ground Floor, Suite 1257, Okhla Industrial Area Phase-2, New Delhi, IND, 110020
Corporate Merchant Bankers Ltd is a Non-Banking Financial Company. The company is engaged in providing loans and advances to various Corporates. It also provides consultancy services. The company has one business segment, which is providing financial services.
29GF Score

Get the complete analysis for BOM:540199

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

₹45.00
Price