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Mehta Integrated Finance (BOM:511377) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Mehta Integrated Finance Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mehta Integrated Finance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mehta Integrated 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.

* Premium members only.

Mehta Integrated Finance Cyclically Adjusted PB Ratio Chart

Mehta Integrated Finance Annual Data
Trend Aug14 Aug15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.08 0.19 0.44

Mehta Integrated Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.44 - 0.64 -

Competitive Comparison of Mehta Integrated Finance's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Mehta Integrated 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.


Mehta Integrated Finance's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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



Mehta Integrated 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.

Mehta Integrated Finance's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mehta Integrated Finance's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Mehta Integrated Finance Quarterly Data

Book Value per Share CPI Adj_Book
201402 0.000 91.042 0.000
201405 0.000 93.338 0.000
201408 26.912 96.780 42.524
201411 0.000 96.780 0.000
201502 27.586 96.780 43.589
201505 0.000 98.693 0.000
201508 0.000 100.988 0.000
201511 0.000 103.283 0.000
201603 26.870 102.518 40.081
201606 0.000 105.961 0.000
201609 28.325 105.961 40.879
201612 0.000 105.196 0.000
201703 27.007 105.196 39.260
201706 0.000 107.109 0.000
201709 28.706 109.021 40.266
201712 0.000 109.404 0.000
201803 27.429 109.786 38.207
201806 0.000 111.317 0.000
201809 27.770 115.142 36.882
201812 0.000 115.142 0.000
201903 27.817 118.202 35.988
201906 0.000 120.880 0.000
201909 28.135 123.175 34.930
201912 0.000 126.235 0.000
202003 28.273 124.705 34.671
202006 0.000 127.000 0.000
202009 28.367 130.118 33.339
202012 0.000 130.889 0.000
202103 28.208 131.771 32.736
202106 0.000 134.084 0.000
202109 28.415 135.847 31.987
202112 0.000 138.161 0.000
202203 27.590 138.822 30.393
202206 0.000 142.347 0.000
202209 28.445 144.661 30.070
202212 0.000 145.763 0.000
202303 28.663 146.865 29.846
202306 0.000 150.280 0.000
202309 29.456 151.492 29.734
202312 0.000 152.924 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.


Mehta Integrated Finance  (BOM:511377) 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.


Mehta Integrated Finance Cyclically Adjusted PB Ratio Related Terms

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Mehta Integrated Finance (BOM:511377) Business Description

Traded in Other Exchanges
N/A
Address
03, Law Garden Apartment, Scheme-I, Opposite Law Garden, Ellisbridge, Ahmedabad, GJ, IND, 380006
Mehta Integrated Finance Ltd is an India based company engaged in the capital markets business sector. The company provides asset management, initial public offering, investment banking, corporate finance, and debts syndication, valuation, corporate advisory, and mergers and acquisitions. The company operates in Consulting and Capital Market investments.

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