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Gogia Capital Services (BOM:531600) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Gogia Capital Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gogia Capital Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gogia 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.

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Gogia Capital Services Cyclically Adjusted PB Ratio Chart

Gogia Capital Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.66 1.61 0.85

Gogia Capital Services 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 - 0.85 - 1.11 -

Competitive Comparison of Gogia Capital Services's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Gogia 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.


Gogia Capital Services's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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



Gogia 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.

Gogia Capital Services's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Gogia Capital Services'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.

Gogia Capital Services Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 91.425 0.000
201406 0.000 94.103 0.000
201409 42.142 96.780 66.589
201412 0.000 96.780 0.000
201503 43.913 97.163 69.114
201506 0.000 99.841 0.000
201509 45.866 101.753 68.932
201512 0.000 102.901 0.000
201603 44.957 102.518 67.061
201606 0.000 105.961 0.000
201609 47.199 105.961 68.118
201612 0.000 105.196 0.000
201703 48.195 105.196 70.061
201706 0.000 107.109 0.000
201709 50.171 109.021 70.375
201712 0.000 109.404 0.000
201803 51.032 109.786 71.084
201806 0.000 111.317 0.000
201809 54.059 115.142 71.798
201812 0.000 115.142 0.000
201903 59.802 118.202 77.369
201906 0.000 120.880 0.000
201909 62.284 123.175 77.327
201912 0.000 126.235 0.000
202003 65.767 124.705 80.649
202006 0.000 127.000 0.000
202009 67.522 130.118 79.357
202012 0.000 130.889 0.000
202103 69.704 131.771 80.894
202106 0.000 134.084 0.000
202109 72.395 135.847 81.496
202112 0.000 138.161 0.000
202203 74.603 138.822 82.182
202206 0.000 142.347 0.000
202209 74.845 144.661 79.120
202212 0.000 145.763 0.000
202303 75.692 146.865 78.815
202306 0.000 150.280 0.000
202309 86.722 151.492 87.542
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.


Gogia Capital Services  (BOM:531600) 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.


Gogia Capital Services Cyclically Adjusted PB Ratio Related Terms

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Gogia Capital Services (BOM:531600) Business Description

Traded in Other Exchanges
N/A
Address
Olof Palme Marg, Munirka, The Capital Court, 6th Floor, New Delhi, IND, 110067
Gogia Capital Services Ltd provides financial services. It is engaged in providing Stock and Commodity Broking Services to corporates and Individuals. The company offers various services such as equity trading, currency trading, commodity trading, derivatives, intraday trading, and mutual funds. It earns revenue from providing stock and commodity broking services, Dividend Received, Depository Services, Profit from trading of shares/derivative; majority being broking services.

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