KJMC Financial Services (NSE:KJMCFIN) Cyclically Adjusted PB Ratio: (As of Sep. 10, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

NSE:KJMCFIN KJMC Financial Services Ltd NSE:KJMCFIN
58 GF Score
Price ₹62.64
GF Value ₹112.81
Valuation Possible Value Trap
! 5 Warning Signs
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What is KJMC Financial Services Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


KJMC Financial Services  (NSE:KJMCFIN) 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.


KJMC Financial Services Cyclically Adjusted PB Ratio Related Terms


KJMC Financial Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KJMC Financial Services'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.

KJMC Financial Services Cyclically Adjusted PB Ratio Chart

KJMC Financial Services 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 0.00 0.25

KJMC Financial Services 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 0.57 0.00 0.25 0.00

NSE:KJMCFIN vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, KJMC Financial Services'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.


KJMC Financial Services Cyclically Adjusted PB Ratio vs Capital Markets Industry

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

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


NSE:KJMCFIN
58GF Score
KJMC Financial Services Ltd NSE:KJMCFIN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KJMC Financial Services 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.

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

For example, KJMC Financial Services'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)
=0/333.9520*333.9520
=0.000

Current CPI (Jun. 2026) = 333.9520.

KJMC Financial Services Quarterly Data

Book Value per Share CPI Adj_Book
201203 37.996 229.392 55.315
201303 37.942 232.773 54.434
201403 36.357 236.293 51.383
201503 35.790 236.119 50.619
201603 31.943 238.132 44.796
201703 31.554 243.801 43.222
201803 65.555 249.554 87.725
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 56.970 254.202 74.843
201906 0.000 256.143 0.000
201909 63.585 256.759 82.701
201912 0.000 256.974 0.000
202003 56.313 258.115 72.858
202006 0.000 257.797 0.000
202009 90.564 260.280 116.198
202012 0.000 260.474 0.000
202103 149.332 264.877 188.275
202106 0.000 271.696 0.000
202109 174.581 274.310 212.539
202112 0.000 278.802 0.000
202203 177.429 287.504 206.094
202206 0.000 296.311 0.000
202209 165.128 296.808 185.793
202212 0.000 296.797 0.000
202303 174.508 301.836 193.076
202306 0.000 305.109 0.000
202309 241.743 307.789 262.292
202312 0.000 306.746 0.000
202403 275.545 312.332 294.619
202406 0.000 314.175 0.000
202409 375.399 315.301 397.605
202412 0.000 315.605 0.000
202503 361.639 319.799 377.644
202506 0.000 322.561 0.000
202509 323.601 324.800 332.719
202512 0.000 324.054 0.000
202603 208.976 330.213 211.342
202606 0.000 333.952 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 KJMC Financial Services (NSE:KJMCFIN) Overvalued in 2026?

Based on GuruFocus' analysis, KJMC Financial Services stock appears to be undervalued. The current stock price of ₹62.64 is trading 44.5% below its estimated GF Value™ of ₹112.81. GuruFocus considers KJMC Financial Services to be Possible Value Trap.

Key valuation signals for NSE:KJMCFIN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹112.81 vs. price of ₹62.64 (44.5% below fair value)
  • GF Score™: 58/100 with 5 warning signs

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


KJMC Financial Services Business Description

Other Exchanges 530235:India
Address Nariman Point, 162, 16th Floor, Atlanta Building, Mumbai, MH, IND, 400021
KJMC Financial Services Ltd is a non-banking finance company. It is engaged in the business of lending. Its products and services offer fund-based lending solutions, including need-based short-term loans to corporates & individuals and Co-lending / Loan Transfers.
58GF Score

Get the complete analysis for NSE:KJMCFIN

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

₹62.64
Price
₹112.81
GF Value