REDFY (Rediff.com India) Cyclically Adjusted PB Ratio: (As of Jul. 17, 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.
Reviewed by: Charlie Tian Charlie Tian
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.

What is Rediff.com India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rediff.com India  (OTCPK:REDFY) 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.


Rediff.com India Cyclically Adjusted PB Ratio Related Terms


Rediff.com India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rediff.com India'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.

Rediff.com India Cyclically Adjusted PB Ratio Chart

Rediff.com India Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Rediff.com India Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.00 0.00 0.00 0.00

REDFY vs LIVC, FPTA, CXKJ: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Rediff.com India'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.


Rediff.com India Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rediff.com India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rediff.com India 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.

Rediff.com India's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, Rediff.com India's adjusted Book Value per Share data for the three months ended in Sep. 2015 was:

Adj_Book=Book Value per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=0.091/101.7533*101.7533
=0.091

Current CPI (Sep. 2015) = 101.7533.

Rediff.com India Quarterly Data

Book Value per Share CPI Adj_Book
200512 2.517 45.604 5.616
200603 2.037 45.521 4.553
200606 0.000 47.051 0.000
200609 2.373 47.816 5.050
200612 0.000 48.581 0.000
200703 2.402 48.581 5.031
200706 0.000 49.729 0.000
200709 2.937 50.877 5.874
200712 0.000 51.259 0.000
200803 3.230 52.407 6.271
200806 0.000 53.554 0.000
200809 5.413 55.850 9.862
200812 0.000 56.232 0.000
200903 2.190 56.615 3.936
200906 0.000 58.527 0.000
200909 2.183 62.353 3.562
200912 0.000 64.648 0.000
201003 2.103 65.030 3.291
201006 0.000 66.560 0.000
201009 2.101 68.473 3.122
201012 0.000 70.768 0.000
201103 1.963 70.768 2.822
201106 0.000 72.298 0.000
201109 1.710 75.359 2.309
201112 0.000 75.359 0.000
201203 1.553 76.889 2.055
201206 0.000 79.567 0.000
201209 1.340 82.244 1.658
201212 0.000 83.774 0.000
201303 1.080 85.687 1.282
201306 0.000 88.365 0.000
201309 0.922 91.042 1.030
201312 0.000 91.425 0.000
201403 0.723 91.425 0.805
201406 0.000 94.103 0.000
201409 0.484 96.780 0.509
201412 0.000 96.780 0.000
201503 0.223 97.163 0.234
201506 0.000 99.841 0.000
201509 0.091 101.753 0.091

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.


Rediff.com India Business Description

Address Junction of Tilak Road and 1st Gaothan Lane, Level 10, Seasons Riddhi Siddhi, Santacruz West, Mumbai, MH, IND, 400054
Rediff.com India Ltd is engaged in the business of providing Software as a Service (SaaS) including email and related services, news and information services, and enterprise email solutions. These services are delivered across various platforms such as PCs, tablets, and a wide range of mobile devices. The company operates in a single operating segment of providing Software as a Service(SaaS). It generates revenue from the sale of its services.