UTI Asset Management Co (BOM:543238) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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:543238 UTI Asset Management Co Ltd BOM:543238
81 GF Score
Price ₹924.40
GF Value ₹1,027.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is UTI Asset Management Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


UTI Asset Management Co  (BOM:543238) 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.


UTI Asset Management Co Cyclically Adjusted PB Ratio Related Terms


UTI Asset Management Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for UTI Asset Management Co'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.

UTI Asset Management Co Cyclically Adjusted PB Ratio Chart

UTI Asset Management Co 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 - - - - 2.82

UTI Asset Management Co 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 - - - 2.82 2.77

BOM:543238 vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, UTI Asset Management Co'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.


UTI Asset Management Co Cyclically Adjusted PB Ratio vs Asset Management Industry

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

* The bar in red indicates where UTI Asset Management Co's Cyclically Adjusted PB Ratio falls into.


BOM:543238
81GF Score
UTI Asset Management Co Ltd BOM:543238
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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UTI Asset Management Co 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.

UTI Asset Management Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, UTI Asset Management Co's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=350.5/164.2724*164.2724
=350.500

Current CPI (Mar26) = 164.2724.

UTI Asset Management Co Annual Data

Book Value per Share CPI Adj_Book
201703 168.084 105.196 262.477
201803 192.261 109.786 287.678
201903 209.251 118.202 290.808
202003 219.509 124.705 289.156
202103 257.367 131.771 320.848
202203 286.066 138.822 338.511
202303 304.593 146.865 340.696
202403 390.803 153.035 419.501
202503 403.223 157.552 420.423
202603 350.500 164.272 350.500

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 UTI Asset Management Co (BOM:543238) Overvalued in 2026?

Based on GuruFocus' analysis, UTI Asset Management Co stock appears to be undervalued. The current stock price of ₹924.40 is trading 10% below its estimated GF Value™ of ₹1,027.52. GuruFocus considers UTI Asset Management Co to be Modestly Undervalued.

Key valuation signals for BOM:543238:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,027.52 vs. price of ₹924.40 (10% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the BOM:543238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UTI Asset Management Co Business Description

Other Exchanges UTIAMC:India
Address Gn Block, Bandra Kurla Complex, UTI Tower, Bandra (East), Mumbai, MH, IND, 400051
UTI Asset Management Co Ltd is an asset management company in India. The company manages domestic mutual funds, provides portfolio management services, and manages retirement funds, and alternative investment funds. The objective of the group is to maximize the shareholder value as well as to maintain investor, creditor, and market confidence and sustain the future development of the group. The company generates majority of its revenue from India.
81GF Score

Get the complete analysis for BOM:543238

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

₹924.40
Price
₹1,027.52
GF Value