IFCI (NSE:IFCI) Cyclically Adjusted PB Ratio: (As of Aug. 24, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:IFCI IFCI Ltd NSE:IFCI
59 GF Score
Price ₹80.91
GF Value ₹55.86
Valuation Significantly Overvalued
! 6 Warning Signs
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What is IFCI Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IFCI  (NSE:IFCI) 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.


IFCI Cyclically Adjusted PB Ratio Related Terms


IFCI Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for IFCI'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.

IFCI Cyclically Adjusted PB Ratio Chart

IFCI 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 0.00 0.00 0.70 0.96

IFCI 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 0.94 0.00 0.96 0.00

NSE:IFCI vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, IFCI'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.


IFCI Cyclically Adjusted PB Ratio vs Credit Services Industry

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

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


NSE:IFCI
59GF Score
IFCI Ltd NSE:IFCI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IFCI 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.

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

For example, IFCI'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.

IFCI Quarterly Data

Book Value per Share CPI Adj_Book
201203 75.164 76.889 163.603
201303 40.804 85.687 79.695
201403 44.059 91.425 80.652
201503 45.176 97.163 77.813
201603 45.788 102.518 74.747
201703 31.523 105.196 50.150
201803 34.723 109.786 52.931
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 31.587 118.202 44.723
201906 0.000 120.880 0.000
201909 30.551 123.175 41.510
201912 0.000 126.235 0.000
202003 30.950 124.705 41.536
202006 0.000 127.000 0.000
202009 26.547 130.118 34.145
202012 0.000 130.889 0.000
202103 19.715 131.771 25.039
202106 0.000 134.084 0.000
202109 13.328 135.847 16.419
202112 0.000 138.161 0.000
202203 13.400 138.822 16.154
202206 0.000 142.347 0.000
202209 16.562 144.661 19.160
202212 0.000 145.763 0.000
202303 17.155 146.865 19.549
202306 0.000 150.280 0.000
202309 15.131 151.492 16.716
202312 0.000 152.924 0.000
202403 18.215 153.035 19.920
202406 0.000 155.789 0.000
202409 22.426 157.882 23.772
202412 0.000 158.323 0.000
202503 32.258 157.552 34.266
202506 0.000 159.755 0.000
202509 32.895 162.289 33.922
202512 0.000 163.281 0.000
202603 33.197 164.272 33.820
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.

Is IFCI (NSE:IFCI) Overvalued in 2026?

Based on GuruFocus' analysis, IFCI stock appears to be overvalued. The current stock price of ₹80.91 is trading 44.8% above its estimated GF Value™ of ₹55.86. GuruFocus considers IFCI to be Significantly Overvalued.

Key valuation signals for NSE:IFCI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹55.86 vs. price of ₹80.91 (44.8% above fair value)
  • GF Score™: 59/100 with 6 warning signs

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


IFCI Business Description

Other Exchanges 500106:India
Address IFCI Towers, 61 Nehru Place, New Delhi, IND, 110 019
IFCI Ltd is a public sector non-banking financial company providing financial support across industries like airports, roads, telecom, power, real estate, and manufacturing. Its financial products include Project Finance for greenfield and modernization projects; Corporate Finance offering balance sheet funding, loans against shares, lease rental discounting, promoter funding, working capital, and short-term loans and Structured Finance with mezzanine debt, acquisition finance, pre-IPO funding, and off-balance sheet solutions. It also provides government and corporate advisory services and acts as a Project Management Agency for government incentive schemes promoting domestic manufacturing.
59GF Score

Get the complete analysis for NSE:IFCI

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

₹80.91
Price
₹55.86
GF Value