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Vardhman Holdings (BOM:500439) Cyclically Adjusted PS Ratio : 31.88 (As of Jun. 06, 2024)


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What is Vardhman Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Vardhman Holdings's current share price is ₹2871.55. Vardhman Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹90.08. Vardhman Holdings's Cyclically Adjusted PS Ratio for today is 31.88.

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

BOM:500439' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 26.83   Med: 30.87   Max: 39.82
Current: 32.6

During the past years, Vardhman Holdings's highest Cyclically Adjusted PS Ratio was 39.82. The lowest was 26.83. And the median was 30.87.

BOM:500439's Cyclically Adjusted PS Ratio is ranked worse than
94.49% of 381 companies
in the Credit Services industry
Industry Median: 2.97 vs BOM:500439: 32.60

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.

Vardhman Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹-89.373. 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 ₹90.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vardhman Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vardhman Holdings'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.

Vardhman Holdings Cyclically Adjusted PS Ratio Chart

Vardhman Holdings 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 - - 37.74 27.51 31.01

Vardhman Holdings 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 27.51 32.03 30.39 31.07 31.01

Competitive Comparison of Vardhman Holdings's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Vardhman Holdings'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.


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

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

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



Vardhman Holdings 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.

Vardhman Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2871.55/90.08
=31.88

* 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.

Vardhman Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Vardhman Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-89.373/153.0345*153.0345
=-89.373

Current CPI (Mar. 2024) = 153.0345.

Vardhman Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 38.421 91.042 64.582
201312 6.328 91.425 10.592
201403 2.932 91.425 4.908
201406 5.841 94.103 9.499
201409 67.398 96.780 106.573
201412 12.704 96.780 20.088
201503 9.118 97.163 14.361
201506 9.014 99.841 13.817
201509 65.497 101.753 98.506
201512 4.526 102.901 6.731
201603 -39.101 102.518 -58.368
201606 22.783 105.961 32.904
201609 13.112 105.961 18.937
201612 7.620 105.196 11.085
201703 169.761 105.196 246.961
201706 12.234 107.109 17.480
201803 0.000 109.786 0.000
201809 3.667 115.142 4.874
201812 5.608 115.142 7.454
201903 30.240 118.202 39.151
201906 5.704 120.880 7.221
201909 7.678 123.175 9.539
201912 7.803 126.235 9.460
202003 43.853 124.705 53.815
202006 6.832 127.000 8.233
202009 7.456 130.118 8.769
202012 3.510 130.889 4.104
202103 25.047 131.771 29.089
202106 3.445 134.084 3.932
202109 6.109 135.847 6.882
202112 9.430 138.161 10.445
202203 25.192 138.822 27.771
202206 0.940 142.347 1.011
202209 12.817 144.661 13.559
202212 1.973 145.763 2.071
202303 0.846 146.865 0.882
202306 0.689 150.280 0.702
202309 98.810 151.492 99.816
202312 0.219 152.924 0.219
202403 -89.373 153.035 -89.373

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.


Vardhman Holdings  (BOM:500439) 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.


Vardhman Holdings Cyclically Adjusted PS Ratio Related Terms

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Vardhman Holdings (BOM:500439) Business Description

Traded in Other Exchanges
Address
Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Holdings Ltd operates as a non-banking financial company. The firm is principally engaged in the lending and investing activities. The company's portfolio consists of investments in debt, equity, and real estate.

Vardhman Holdings (BOM:500439) Headlines

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