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A.K. Capital Services (BOM:530499) Cyclically Adjusted PB Ratio : 0.91 (As of Jun. 10, 2024)


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What is A.K. Capital Services Cyclically Adjusted PB Ratio?

As of today (2024-06-10), A.K. Capital Services's current share price is ₹1045.05. A.K. Capital Services's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹1,150.33. A.K. Capital Services's Cyclically Adjusted PB Ratio for today is 0.91.

The historical rank and industry rank for A.K. Capital Services's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:530499' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.44   Max: 0.93
Current: 0.91

During the past 13 years, A.K. Capital Services's highest Cyclically Adjusted PB Ratio was 0.93. The lowest was 0.24. And the median was 0.44.

BOM:530499's Cyclically Adjusted PB Ratio is ranked better than
60.71% of 588 companies
in the Capital Markets industry
Industry Median: 1.19 vs BOM:530499: 0.91

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.

A.K. Capital Services's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹1,392.524. 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 ₹1,150.33 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


A.K. Capital Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for A.K. Capital 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.

* Premium members only.

A.K. Capital Services Cyclically Adjusted PB Ratio Chart

A.K. Capital Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.36 0.46 0.40 0.79

A.K. Capital Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.40 - - - 0.79

Competitive Comparison of A.K. Capital Services's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, A.K. Capital 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.


A.K. Capital Services's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where A.K. Capital Services's Cyclically Adjusted PB Ratio falls into.



A.K. Capital 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.

A.K. Capital Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1045.05/1150.33
=0.91

* 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.

A.K. Capital Services's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, A.K. Capital Services'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)
=1392.524/153.0345*153.0345
=1,392.524

Current CPI (Mar24) = 153.0345.

A.K. Capital Services Annual Data

Book Value per Share CPI Adj_Book
201503 581.434 97.163 915.776
201603 637.402 102.518 951.484
201703 721.035 105.196 1,048.930
201803 793.703 109.786 1,106.366
201903 886.459 118.202 1,147.685
202003 931.311 124.705 1,142.878
202103 1,036.141 131.771 1,203.345
202203 1,151.253 138.822 1,269.119
202303 1,271.780 146.865 1,325.209
202403 1,392.524 153.035 1,392.524

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.


A.K. Capital Services  (BOM:530499) 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.


A.K. Capital Services Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of A.K. Capital Services's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


A.K. Capital Services (BOM:530499) Business Description

Traded in Other Exchanges
N/A
Address
Off CST Road, 603, 6th Floor, Windsor, Kalina, Santacruz (East), Mumbai, IND, 400 098
A.K. Capital Services Ltd is engaged in the provision of merchant banking services within India. The company operates through a single segment consisting of Investment and financial activity. The group's investment banking products and services include private placement of fixed income securities such as commercial paper, public issue of bond and non-convertible debentures, loan syndication, underwriting of debt issues, qualified institutional placements, and foreign institutional debt financing. In addition, it is involved in providing various services related to Broking & Distribution, Advisory, Financing, and Structured Products such as corporate debt restructuring, fundraising, offshore debt financing, and others.

A.K. Capital Services (BOM:530499) Headlines

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