Jindal Poly Investment and Finance Co.Ltd (NSE:JPOLYINVST) Cyclically Adjusted PB Ratio : 1.02 (As of Dec. 12, 2024)

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What is Jindal Poly Investment and Finance Co.Ltd Cyclically Adjusted PB Ratio?

As of today (2024-12-12), Jindal Poly Investment and Finance Co.Ltd's current share price is ₹935.50. Jindal Poly Investment and Finance Co.Ltd's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹913.44. Jindal Poly Investment and Finance Co.Ltd's Cyclically Adjusted PB Ratio for today is 1.02.

The historical rank and industry rank for Jindal Poly Investment and Finance Co.Ltd's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:JPOLYINVST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.72 Max: 1.02
Current: 1.02

During the past 12 years, Jindal Poly Investment and Finance Co.Ltd's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.01. And the median was 0.72.

NSE:JPOLYINVST's Cyclically Adjusted PB Ratio is ranked worse than
65.84% of 931 companies
in the Asset Management industry
Industry Median: 0.81 vs NSE:JPOLYINVST: 1.02

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.

Jindal Poly Investment and Finance Co.Ltd's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹2,523.221. 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 ₹913.44 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation

Jindal Poly Investment and Finance Co.Ltd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jindal Poly Investment and Finance Co.Ltd'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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Jindal Poly Investment and Finance Co.Ltd Cyclically Adjusted PB Ratio Chart

Jindal Poly Investment and Finance Co.Ltd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cyclically Adjusted PB Ratio

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0.01

0.61

0.67

Jindal Poly Investment and Finance Co.Ltd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															-	-	0.67	-	-

Competitive Comparison of Jindal Poly Investment and Finance Co.Ltd's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Jindal Poly Investment and Finance Co.Ltd'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.

Jindal Poly Investment and Finance Co.Ltd's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Jindal Poly Investment and Finance Co.Ltd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jindal Poly Investment and Finance Co.Ltd's Cyclically Adjusted PB Ratio falls into.

Jindal Poly Investment and Finance Co.Ltd 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.

Jindal Poly Investment and Finance Co.Ltd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	935.50	/	913.44
	=	1.02

Jindal Poly Investment and Finance Co.Ltd's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Jindal Poly Investment and Finance Co.Ltd'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)
	=	2523.221	/	153.0345	*	153.0345
	=	2,523.221

Current CPI (Mar24) = 153.0345.

Jindal Poly Investment and Finance Co.Ltd Annual Data

	Book Value per Share	CPI	Adj_Book
201503	561.569	97.163	884.488
201603	542.116	102.518	809.245
201703	441.722	105.196	642.598
201803	-46.042	109.786	-64.179
201903	-96.363	118.202	-124.760
202003	-185.677	124.705	-227.857
202103	-189.622	131.771	-220.222
202203	2,336.230	138.822	2,575.415
202303	2,242.215	146.865	2,336.412
202403	2,523.221	153.035	2,523.221

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.

Jindal Poly Investment and Finance Co.Ltd (NSE:JPOLYINVST) 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.

Jindal Poly Investment and Finance Co.Ltd Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Jindal Poly Investment and Finance Co.Ltd's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Jindal Poly Investment and Finance Co.Ltd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Jindal Poly Investment and Finance Co.Ltd (NSE:JPOLYINVST) » Definitions » Cyclically Adjusted PB Ratio

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Traded in Other Exchanges

536773:India

Address

Plot Number 12, Local Shopping Complex, Sector B-1, Vasant Kunj, New Delhi, IND, 110070

Website

http://www.jpifcl.com

Jindal Poly Investment and Finance Co.Ltd is an Indian-based company engaged in the business of investment and holding the investment. It holds a large investment in equity shares of Jindal India Powertech Limited and has certain other investments in other Groups of Companies and Mutual Funds. The company focuses on making long-term strategic investments in various new ventures promoted by the Group, besides consolidating the existing investments through further investments in the existing companies.

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