Power Finance (NSE:PFC) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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:PFC Power Finance Corp Ltd NSE:PFC
83 GF Score
Price ₹342.55
GF Value ₹407.07
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Power Finance Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Finance  (NSE:PFC) 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.


Power Finance Cyclically Adjusted PB Ratio Related Terms


Power Finance Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Power Finance'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.

Power Finance Cyclically Adjusted PB Ratio Chart

Power Finance 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 0.48 0.55 1.51 1.40 1.10

Power Finance 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 1.42 1.34 1.16 1.10 1.21

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

For the Credit Services subindustry, Power Finance'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.


Power Finance Cyclically Adjusted PB Ratio vs Credit Services Industry

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

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


NSE:PFC
83GF Score
Power Finance Corp Ltd NSE:PFC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Power Finance 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.

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

For example, Power Finance'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)
=566.971/167.3573*167.3573
=566.971

Current CPI (Jun. 2026) = 167.3573.

Power Finance Quarterly Data

Book Value per Share CPI Adj_Book
200903 40.139 56.615 118.654
201003 46.343 65.030 119.265
201103 53.115 70.768 125.610
201203 61.450 76.889 133.753
201503 98.213 97.163 169.166
201603 109.173 102.518 178.221
201703 111.648 105.196 177.622
201806 111.317 0.000
201809 115.142 0.000
201812 115.142 0.000
201903 192.371 118.202 272.370
201906 120.880 0.000
201909 206.672 123.175 280.804
201912 126.235 0.000
202003 200.495 124.705 269.069
202006 127.000 0.000
202009 229.070 130.118 294.629
202012 241.524 130.889 308.817
202103 247.842 131.771 314.776
202106 134.084 0.000
202109 273.661 135.847 337.138
202112 138.161 0.000
202203 291.734 138.822 351.701
202206 142.347 0.000
202209 309.930 144.661 358.556
202212 145.763 0.000
202303 339.327 146.865 386.675
202306 150.280 0.000
202309 374.846 151.492 414.102
202312 387.384 152.924 423.945
202403 406.922 153.035 445.007
202406 155.789 0.000
202409 439.860 157.882 466.258
202412 158.323 0.000
202503 470.153 157.552 499.414
202506 159.755 0.000
202509 505.501 162.289 521.287
202512 163.281 0.000
202603 525.563 164.272 535.433
202606 566.971 167.357 566.971

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 Power Finance (NSE:PFC) Overvalued in 2026?

Based on GuruFocus' analysis, Power Finance stock appears to be undervalued. The current stock price of ₹342.55 is trading 15.8% below its estimated GF Value™ of ₹407.07. GuruFocus considers Power Finance to be Modestly Undervalued.

Key valuation signals for NSE:PFC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹407.07 vs. price of ₹342.55 (15.8% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Power Finance Business Description

Other Exchanges 532810:India
Address 1, Barakhamba Lane, Urjanidhi, Connaught Place, New Delhi, IND, 110001
Power Finance Corp Ltd is a financial institution operating in India and dedicated to financing the country's power, logistics, and infrastructure sectors and its various projects. The company serves state power utilities, central power sector utilities, power departments, private power sector utilities, joint sector power utilities, power equipment manufacturers, and municipal power utilities. The company's main products include rupee-term loans, short-term loans, and a buyer line of credit. Interest income is the company's main source of revenue.
83GF Score

Get the complete analysis for NSE:PFC

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

₹342.55
Price
₹407.07
GF Value