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KJMCorate Advisors (India) (BOM:532304) Cyclically Adjusted PB Ratio : 0.47 (As of Jun. 08, 2024)


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What is KJMCorate Advisors (India) Cyclically Adjusted PB Ratio?

As of today (2024-06-08), KJMCorate Advisors (India)'s current share price is ₹61.96. KJMCorate Advisors (India)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹131.85. KJMCorate Advisors (India)'s Cyclically Adjusted PB Ratio for today is 0.47.

The historical rank and industry rank for KJMCorate Advisors (India)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:532304' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.22   Max: 0.51
Current: 0.47

During the past 13 years, KJMCorate Advisors (India)'s highest Cyclically Adjusted PB Ratio was 0.51. The lowest was 0.11. And the median was 0.22.

BOM:532304's Cyclically Adjusted PB Ratio is ranked better than
78.77% of 584 companies
in the Capital Markets industry
Industry Median: 1.18 vs BOM:532304: 0.47

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.

KJMCorate Advisors (India)'s adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹149.504. 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 ₹131.85 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


KJMCorate Advisors (India) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KJMCorate Advisors (India)'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.

KJMCorate Advisors (India) Cyclically Adjusted PB Ratio Chart

KJMCorate Advisors (India) 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 0.16 0.14 0.24 0.20 0.37

KJMCorate Advisors (India) 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 0.20 - - - 0.37

Competitive Comparison of KJMCorate Advisors (India)'s Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, KJMCorate Advisors (India)'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.


KJMCorate Advisors (India)'s Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, KJMCorate Advisors (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where KJMCorate Advisors (India)'s Cyclically Adjusted PB Ratio falls into.



KJMCorate Advisors (India) 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.

KJMCorate Advisors (India)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=61.96/131.85
=0.47

* 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.

KJMCorate Advisors (India)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, KJMCorate Advisors (India)'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)
=149.504/153.0345*153.0345
=149.504

Current CPI (Mar24) = 153.0345.

KJMCorate Advisors (India) Annual Data

Book Value per Share CPI Adj_Book
201503 81.249 97.163 127.970
201603 81.234 102.518 121.262
201703 81.538 105.196 118.618
201803 103.930 109.786 144.871
201903 88.588 118.202 114.694
202003 77.168 124.705 94.698
202103 133.202 131.771 154.697
202203 155.229 138.822 171.121
202303 116.189 146.865 121.070
202403 149.504 153.035 149.504

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.


KJMCorate Advisors (India)  (BOM:532304) 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.


KJMCorate Advisors (India) Cyclically Adjusted PB Ratio Related Terms

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KJMCorate Advisors (India) (BOM:532304) Business Description

Traded in Other Exchanges
N/A
Address
162, Atlanta, 16th Floor, Nariman Point, Mumbai, MH, IND, 400021
KJMC Corporate Advisors (India) Ltd provides merchant banking services. The company is in the business of providing Corporate Advisory, Financial Advisory, Equity Valuation, and Investment Banking services It offers various services to the corporate sector which include merchant banking, mergers, and acquisition advisory services, syndication of funds, syndication of debt, and channel financing. The company operates with a single business segment of merchant banking operations in India. The company's revenue is generated from the Sale of Services, Brokerage and Depository Income, sale of Shares / Mutual Funds, Fair Value Changes, and Interest Income; the majority being from Brokerage and depository Income.

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