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SRG Housing Finance (BOM:534680) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is SRG Housing Finance Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SRG Housing Finance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SRG Housing 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.

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SRG Housing Finance Cyclically Adjusted PB Ratio Chart

SRG Housing Finance 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 - - - - 2.98

SRG Housing 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 - 2.98 - 4.61 -

Competitive Comparison of SRG Housing Finance's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, SRG Housing 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.


SRG Housing Finance's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SRG Housing Finance's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SRG Housing 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.

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

For example, SRG Housing 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.

SRG Housing Finance Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.091 91.425 20.224
201406 0.000 94.103 0.000
201409 12.724 96.780 20.105
201412 0.000 96.780 0.000
201503 13.006 97.163 20.470
201506 0.000 99.841 0.000
201509 13.677 101.753 20.555
201512 0.000 102.901 0.000
201603 14.502 102.518 21.632
201606 0.000 105.961 0.000
201609 13.461 105.961 19.427
201612 0.000 105.196 0.000
201703 26.134 105.196 37.991
201706 0.000 107.109 0.000
201709 28.413 109.021 39.855
201712 0.000 109.404 0.000
201803 32.607 109.786 45.419
201806 0.000 111.317 0.000
201809 36.891 115.142 48.996
201812 0.000 115.142 0.000
201903 43.612 118.202 56.423
201906 0.000 120.880 0.000
201909 51.872 123.175 64.400
201912 0.000 126.235 0.000
202003 57.581 124.705 70.611
202006 0.000 127.000 0.000
202009 64.905 130.118 76.281
202012 0.000 130.889 0.000
202103 72.008 131.771 83.568
202106 0.000 134.084 0.000
202109 79.543 135.847 89.542
202112 0.000 138.161 0.000
202203 87.492 138.822 96.380
202206 0.000 142.347 0.000
202209 94.618 144.661 100.023
202212 0.000 145.763 0.000
202303 102.509 146.865 106.739
202306 0.000 150.280 0.000
202309 110.283 151.492 111.326
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.


SRG Housing Finance  (BOM:534680) 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.


SRG Housing Finance Cyclically Adjusted PB Ratio Related Terms

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SRG Housing Finance (BOM:534680) Business Description

Traded in Other Exchanges
Address
No. 12, Opposite Paras JK Hospital, Shobhagpura, Udaipur, RJ, IND, 313001
SRG Housing Finance Ltd is an India-based housing finance company. The company is principally engaged in the housing and mortgage finance business. The company offers home loans for construction, additions, alterations, and repair and renovation purposes. The products and services offered by the company include individual home loans; loans against the property; and builder/project loans. Geographically, it operates within the regions of India.

SRG Housing Finance (BOM:534680) Headlines

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