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IFCI (BOM:500106) Cyclically Adjusted PS Ratio : 6.85 (As of May. 26, 2024)


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What is IFCI Cyclically Adjusted PS Ratio?

As of today (2024-05-26), IFCI's current share price is ₹60.02. IFCI's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹8.76. IFCI's Cyclically Adjusted PS Ratio for today is 6.85.

The historical rank and industry rank for IFCI's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:500106' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.05   Max: 7.01
Current: 6.85

During the past 13 years, IFCI's highest Cyclically Adjusted PS Ratio was 7.01. The lowest was 0.27. And the median was 1.05.

BOM:500106's Cyclically Adjusted PS Ratio is ranked worse than
74.26% of 373 companies
in the Credit Services industry
Industry Median: 2.92 vs BOM:500106: 6.85

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

IFCI's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹5.856. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₹8.76 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


IFCI Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IFCI's Cyclically Adjusted PS 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.

IFCI Cyclically Adjusted PS Ratio Chart

IFCI Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 1.11 1.12 1.06 4.53

IFCI Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 1.06 - - - 4.53

Competitive Comparison of IFCI's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, IFCI's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


IFCI's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, IFCI's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where IFCI's Cyclically Adjusted PS Ratio falls into.



IFCI Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

IFCI's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=60.02/8.76
=6.85

* 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.

IFCI's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, IFCI's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=5.856/153.0345*153.0345
=5.856

Current CPI (Mar24) = 153.0345.

IFCI Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 9.475 97.163 14.923
201603 9.368 102.518 13.984
201703 6.617 105.196 9.626
201803 11.249 109.786 15.680
201903 5.183 118.202 6.710
202003 6.172 124.705 7.574
202103 4.607 131.771 5.350
202203 2.883 138.822 3.178
202303 4.545 146.865 4.736
202403 5.856 153.035 5.856

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


IFCI  (BOM:500106) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


IFCI Cyclically Adjusted PS Ratio Related Terms

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


IFCI (BOM:500106) Business Description

Traded in Other Exchanges
Address
IFCI Towers, 61 Nehru Place, New Delhi, IND, 110 019
IFCI Ltd is a financial services company, which provides funding for industrial companies in India. The financing activities cover various kinds of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries. Lending operations comprise the vast majority of the company's business, and majority of the company's revenue consists of interest income on loans IFCI makes. The Company has played a decisive role in setting up various reputed market intermediaries like stock exchanges, entrepreneurship development organizations, consultancy organizations, educational and skill development institutions across the country.

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