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SPA Capital Services (BOM:542376) Cyclically Adjusted PB Ratio : 1.61 (As of May. 31, 2025)


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What is SPA Capital Services Cyclically Adjusted PB Ratio?

As of today (2025-05-31), SPA Capital Services's current share price is ₹109.25. SPA Capital Services's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹67.94. SPA Capital Services's Cyclically Adjusted PB Ratio for today is 1.61.

The historical rank and industry rank for SPA Capital Services's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:542376' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 0.81   Max: 1.97
Current: 1.97

During the past 11 years, SPA Capital Services's highest Cyclically Adjusted PB Ratio was 1.97. The lowest was 0.81. And the median was 0.81.

BOM:542376's Cyclically Adjusted PB Ratio is ranked worse than
63.6% of 489 companies
in the Capital Markets industry
Industry Median: 1.24 vs BOM:542376: 1.97

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.

SPA Capital Services's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹54.936. 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 ₹67.94 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPA Capital Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SPA Capital Services'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.

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SPA Capital Services Cyclically Adjusted PB Ratio Chart

SPA Capital Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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SPA Capital Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of SPA Capital Services's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, SPA Capital Services'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.


SPA Capital Services's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SPA Capital Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SPA Capital Services's Cyclically Adjusted PB Ratio falls into.


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SPA Capital Services 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.

SPA Capital Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=109.25/67.94
=1.61

* 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.

SPA Capital Services's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, SPA Capital Services's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=54.936/153.0345*153.0345
=54.936

Current CPI (Mar24) = 153.0345.

SPA Capital Services Annual Data

Book Value per Share CPI Adj_Book
201503 43.412 97.163 68.375
201603 46.143 102.518 68.880
201703 49.879 105.196 72.562
201803 83.949 109.786 117.019
201903 56.177 118.202 72.732
202003 53.623 124.705 65.805
202103 40.756 131.771 47.333
202203 51.404 138.822 56.667
202303 52.829 146.865 55.048
202403 54.936 153.035 54.936

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.


SPA Capital Services  (BOM:542376) 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.


SPA Capital Services Cyclically Adjusted PB Ratio Related Terms

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


SPA Capital Services Business Description

Traded in Other Exchanges
N/A
Address
25, C-Block Community Centre, Janakpuri, New Delhi, IND, 110 058
SPA Capital Services Ltd operates in the business segment of Financial Services. It is a financial solutions provider in corporate finance and wealth management to Indian companies and high-net-worth individuals. The company offers services for investment management, wealth management, financial advisory, corporate finance, risk management, insurance broking, and others.

SPA Capital Services Headlines

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