Crest Ventures (NSE:CREST) Cyclically Adjusted PB Ratio: 1.13 (As of Aug. 15, 2026) — Near Median

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NSE:CREST Crest Ventures Ltd NSE:CREST
84 GF Score
Price ₹360.80
GF Value ₹409.99
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Crest Ventures Cyclically Adjusted PB Ratio?

Crest Ventures NSE:CREST -0.89% 84 Cyclically Adjusted PB Ratio is 1.13 as of Aug. 15, 2026, which is 6% above its 10-year median of 1.07. GuruFocus rates NSE:CREST with a GF Score™ of 84/100 and a GF Value™ of ₹409.99 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 88 Diversified Financial Services companies, Crest Ventures ranks better than 51.14% on this metric.

As of today (2026-08-15), Crest Ventures's current share price is ₹360.80. Crest Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹320.25. Crest Ventures's Cyclically Adjusted PB Ratio for today is 1.13.

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

NSE:CREST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.07   Max: 1.98
Current: 1.22

During the past years, Crest Ventures's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.43. And the median was 1.07.

NSE:CREST's Cyclically Adjusted PB Ratio is ranked better than
51.14% of 88 companies
in the Diversified Financial Services industry
Industry Median: 1.265 vs NSE:CREST: 1.22

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.

Crest Ventures's adjusted book value per share data for the three months ended in Mar. 2026 was ₹462.388. 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 ₹320.25 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crest Ventures  (NSE:CREST) 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.


Crest Ventures Cyclically Adjusted PB Ratio Related Terms


Crest Ventures Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Crest Ventures'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.

Crest Ventures Cyclically Adjusted PB Ratio Chart

Crest Ventures 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 0.95 0.76 1.54 1.35 1.01

Crest Ventures Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.35 0.00 1.19 0.00 1.01

NSE:CREST vs FRHC, VOYA: Cyclically Adjusted PB Ratio Comparison

For the Financial Conglomerates subindustry, Crest Ventures'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.


Crest Ventures Cyclically Adjusted PB Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Crest Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:CREST
84GF Score
Crest Ventures Ltd NSE:CREST
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Crest Ventures 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.

Crest Ventures's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=360.80/320.25
=1.13

* 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.

Crest Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Crest Ventures's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=462.388/164.2724*164.2724
=462.388

Current CPI (Mar. 2026) = 164.2724.

Crest Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 103.430 105.961 160.348
201612 0.000 105.196 0.000
201703 128.037 105.196 199.941
201706 0.000 107.109 0.000
201709 151.449 109.021 228.202
201712 0.000 109.404 0.000
201803 164.121 109.786 245.573
201806 0.000 111.317 0.000
201809 177.188 115.142 252.793
201812 0.000 115.142 0.000
201903 185.964 118.202 258.445
201906 0.000 120.880 0.000
201909 193.618 123.175 258.219
201912 0.000 126.235 0.000
202003 200.829 124.705 264.549
202006 0.000 127.000 0.000
202009 200.897 130.118 253.630
202012 0.000 130.889 0.000
202103 203.155 131.771 253.264
202106 0.000 134.084 0.000
202109 205.411 135.847 248.392
202112 0.000 138.161 0.000
202203 207.528 138.822 245.575
202206 0.000 142.347 0.000
202209 340.364 144.661 386.506
202212 0.000 145.763 0.000
202303 343.905 146.865 384.668
202306 0.000 150.280 0.000
202309 369.879 151.492 401.083
202312 0.000 152.924 0.000
202403 391.751 153.035 420.519
202406 0.000 155.789 0.000
202409 418.322 157.882 435.253
202412 0.000 158.323 0.000
202503 423.737 157.552 441.812
202506 0.000 159.755 0.000
202509 447.512 162.289 452.981
202512 0.000 163.281 0.000
202603 462.388 164.272 462.388

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.

What does a Cyclically Adjusted PB Ratio of 1.13 mean?
Crest Ventures (NSE:CREST) has a Cyclically Adjusted PB Ratio of 1.13 as of Aug. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Crest Ventures and its competitors. This is near median its historical median of 1.07. Over the past decade, Crest Ventures' Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.98. According to the industry distribution chart, Crest Ventures ranks #43 out of 88 companies in the Diversified Financial Services industry, placing it in the top 48.9%.
Is Crest Ventures' Cyclically Adjusted PB Ratio too high?
Crest Ventures' current Cyclically Adjusted PB Ratio of 1.13 is near median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.98. The Diversified Financial Services industry median Cyclically Adjusted PB Ratio is 1.27. Crest Ventures' value of 1.13 is 10.7% below this industry median. Based on the distribution chart, Crest Ventures ranks #43 out of 88 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, Crest Ventures has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Crest Ventures' Cyclically Adjusted PB Ratio compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Crest Ventures ranks #43 out of 88 companies for Cyclically Adjusted PB Ratio. This puts Crest Ventures in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Crest Ventures' value of 1.13 is 10.7% below this benchmark. Historically, Crest Ventures' own Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.98 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.27, Crest Ventures has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Diversified Financial Services company?
The median Cyclically Adjusted PB Ratio among Diversified Financial Services companies is 1.27, based on 88 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Crest Ventures's current Cyclically Adjusted PB Ratio of 1.13 is 10.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Crest Ventures and its competitors. For the Diversified Financial Services industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crest Ventures's current Cyclically Adjusted PB Ratio is 1.13, which is near median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crest Ventures stock overvalued right now?
Based on GuruFocus' analysis, Crest Ventures (NSE:CREST) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹409.99, compared to a current price of ₹360.80 — trading 12% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.13, which is near median its 10-year median of 1.07 and 10.7% below the Diversified Financial Services industry median of 1.27. Crest Ventures' overall GF Score™ is 84/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Crest Ventures (NSE:CREST), the current Cyclically Adjusted PB Ratio is 1.13 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Crest Ventures (NSE:CREST) Overvalued in 2026?

Based on GuruFocus' analysis, Crest Ventures stock appears to be undervalued. The current stock price of ₹360.80 is trading 12% below its estimated GF Value™ of ₹409.99. GuruFocus considers Crest Ventures to be Modestly Undervalued.

Key valuation signals for NSE:CREST:

  • Cyclically Adjusted PB Ratio: 1.13 (near median its 10-year median of 1.07)
  • GF Value™: ₹409.99 vs. price of ₹360.80 (12% below fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 10.7% below the Diversified Financial Services median (#43 of 88)

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


Crest Ventures Business Description

Other Exchanges 511413:India
Address 111, Maker Chambers IV, Nariman Point, 11th Floor, Mumbai, MH, IND, 400021
Crest Ventures Ltd is a non-banking finance company. Its operating segment includes Broking and intermediary activities; Real estate and related activities; Investing and financial activities and Others. Broking and intermediary services includes broking and related intermediary services in the wholesale debt market, foreign exchange markets, options and swaps, mutual fund and portfolio management services. Investing and financial services of the group includes investing in subsidiary, associates , joint ventures and other entities, dealing in fixed income securities market and advancing of inter-corporate loans.
84GF Score

Get the complete analysis for NSE:CREST

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

₹360.80
Price
₹409.99
GF Value