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IndusInd Bank (LUX:IDUSB) Cyclically Adjusted PB Ratio : 2.52 (As of Apr. 30, 2024)


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What is IndusInd Bank Cyclically Adjusted PB Ratio?

As of today (2024-04-30), IndusInd Bank's current share price is $17.80. IndusInd Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.05. IndusInd Bank's Cyclically Adjusted PB Ratio for today is 2.52.

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

LUX:IDUSB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 2.43   Max: 2.91
Current: 2.53

During the past years, IndusInd Bank's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 1.11. And the median was 2.43.

LUX:IDUSB's Cyclically Adjusted PB Ratio is ranked worse than
91.69% of 1179 companies
in the Banks industry
Industry Median: 0.92 vs LUX:IDUSB: 2.53

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.

IndusInd Bank's adjusted book value per share data for the three months ended in Mar. 2024 was $9.782. 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 $7.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IndusInd Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IndusInd 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.

* Premium members only.

IndusInd Bank Cyclically Adjusted PB Ratio Chart

IndusInd Bank 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 1.25 2.60 2.07 2.08 2.64

IndusInd Bank 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 2.08 - 2.58 - 2.64

Competitive Comparison of IndusInd Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, IndusInd 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.


IndusInd Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



IndusInd 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.

IndusInd Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.80/7.05
=2.52

* 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.

IndusInd Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, IndusInd Bank'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)
=9.782/153.2548*153.2548
=9.782

Current CPI (Mar. 2024) = 153.2548.

IndusInd Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 3.088 96.780 4.890
201412 0.000 96.780 0.000
201503 3.218 97.163 5.076
201506 0.000 99.841 0.000
201509 4.280 101.753 6.446
201512 0.000 102.901 0.000
201603 4.446 102.518 6.646
201606 0.000 105.961 0.000
201609 4.790 105.961 6.928
201612 0.000 105.196 0.000
201703 5.246 105.196 7.643
201706 0.000 107.109 0.000
201709 5.690 109.021 7.999
201712 0.000 109.404 0.000
201803 6.107 109.786 8.525
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 7.206 118.202 9.343
201906 0.000 120.880 0.000
201909 6.787 123.175 8.444
201912 0.000 126.235 0.000
202003 7.396 124.705 9.089
202006 0.000 127.000 0.000
202009 7.133 130.118 8.401
202012 0.000 130.889 0.000
202103 8.344 131.771 9.704
202106 0.000 134.084 0.000
202109 7.952 135.847 8.971
202112 0.000 138.161 0.000
202203 8.559 138.822 9.449
202206 0.000 142.347 0.000
202209 8.179 144.661 8.665
202212 0.000 145.763 0.000
202303 8.851 146.865 9.236
202306 0.000 150.280 0.000
202309 9.046 151.492 9.151
202312 0.000 153.255 0.000
202403 9.782 153.255 9.782

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.


IndusInd Bank  (LUX:IDUSB) 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.


IndusInd Bank Cyclically Adjusted PB Ratio Related Terms

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


IndusInd Bank (LUX:IDUSB) Business Description

Traded in Other Exchanges
Address
841, Senapati Bapat Marg, 8th Floor, Tower 1, One World Centre, Prabhadevi (West), Mumbai, MH, IND, 400013
IndusInd Bank Ltd is a full-service banking group operating in India. Its services include consumer banking, credit cards, consumer finance, corporate banking, commercial banking, global markets, transaction banking, priority sector lending, risk management, and financial restructuring and reconstruction. The Bank operates in four business segments, viz. Treasury, Corporate/ Wholesale Banking, Retail Banking and Other Banking Operations. The Bank generates majority of the revenue from Retail Banking segment. The bank's strategic focus has been to maintain its high-street brand, and it has adopted various initiatives to increase the brand's visibility through digital marketing and increased financial technology. Most of its loan book is in term loans entirely exposed to India.

IndusInd Bank (LUX:IDUSB) Headlines

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