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Nahar Capital & Financial Services (BOM:532952) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Nahar Capital & Financial Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nahar Capital & Financial Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nahar Capital & Financial 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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Nahar Capital & Financial Services Cyclically Adjusted PB Ratio Chart

Nahar Capital & Financial Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Nahar Capital & Financial Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Nahar Capital & Financial Services's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Nahar Capital & Financial 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.


Nahar Capital & Financial Services's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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



Nahar Capital & Financial 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.

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

For example, Nahar Capital & Financial 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.

Nahar Capital & Financial Services Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.000 79.567 0.000
201209 542.297 82.244 1,008.343
201212 0.000 83.774 0.000
201303 276.444 85.687 493.365
201306 0.000 88.365 0.000
201309 283.679 91.042 476.497
201312 0.000 91.425 0.000
201403 287.816 91.425 481.423
201406 0.000 94.103 0.000
201409 293.849 96.780 464.316
201412 0.000 96.780 0.000
201503 349.277 97.163 549.726
201506 0.000 99.841 0.000
201509 302.779 101.753 455.044
201512 0.000 102.901 0.000
201603 371.103 102.518 553.566
201606 0.000 105.961 0.000
201703 594.921 105.196 864.842
201803 598.399 109.786 833.525
201812 0.000 115.142 0.000
201903 600.428 118.202 776.805
201906 0.000 120.880 0.000
201909 492.044 123.175 610.883
201912 0.000 126.235 0.000
202003 472.353 124.705 579.241
202006 0.000 127.000 0.000
202009 554.830 130.118 652.078
202012 0.000 130.889 0.000
202103 623.077 131.771 723.103
202106 0.000 134.084 0.000
202109 785.120 135.847 883.817
202112 0.000 138.161 0.000
202203 931.128 138.822 1,025.719
202206 0.000 142.347 0.000
202209 947.296 144.661 1,001.407
202212 0.000 145.763 0.000
202303 912.696 146.865 950.354
202306 0.000 150.280 0.000
202309 924.627 151.492 933.369
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.


Nahar Capital & Financial Services  (BOM:532952) 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.


Nahar Capital & Financial Services Cyclically Adjusted PB Ratio Related Terms

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Nahar Capital & Financial Services (BOM:532952) Business Description

Traded in Other Exchanges
Address
375, Industrial Area - A, Nahar Tower, Ludhiana, PB, IND, 141003
Nahar Capital & Financial Services Ltd is a non-deposit accepting non-banking financial service (NBFC) company. It is engaged in investment and financial activities. The company's segment includes Investment/Financial activity and Real estate activity. It generates maximum revenue from the Investment/Financial activity segment which consists of Long Term investment and Strategic Investments and Short Term Investment activities.

Nahar Capital & Financial Services (BOM:532952) Headlines

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