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LKP Finance (BOM:507912) Cyclically Adjusted PS Ratio : 2.25 (As of Jun. 01, 2024)


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What is LKP Finance Cyclically Adjusted PS Ratio?

As of today (2024-06-01), LKP Finance's current share price is ₹132.00. LKP Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹58.70. LKP Finance's Cyclically Adjusted PS Ratio for today is 2.25.

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

BOM:507912' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.63   Max: 4.42
Current: 2.28

During the past years, LKP Finance's highest Cyclically Adjusted PS Ratio was 4.42. The lowest was 1.23. And the median was 1.63.

BOM:507912's Cyclically Adjusted PS Ratio is ranked better than
59.58% of 569 companies
in the Capital Markets industry
Industry Median: 3.2 vs BOM:507912: 2.28

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.

LKP Finance's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹29.993. 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 ₹58.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LKP Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LKP Finance'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.

LKP Finance Cyclically Adjusted PS Ratio Chart

LKP Finance 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 - - - 1.25 2.63

LKP Finance 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 1.25 1.28 1.66 3.90 2.63

Competitive Comparison of LKP Finance's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, LKP Finance'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.


LKP Finance's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, LKP Finance's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



LKP Finance 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.

LKP Finance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=132.00/58.7
=2.25

* 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.

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

For example, LKP Finance'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)
=29.993/153.0345*153.0345
=29.993

Current CPI (Mar. 2024) = 153.0345.

LKP Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 15.277 91.042 25.679
201312 15.279 91.425 25.575
201403 15.394 91.425 25.768
201406 16.426 94.103 26.713
201409 28.232 96.780 44.642
201412 53.150 96.780 84.044
201503 7.293 97.163 11.487
201506 27.673 99.841 42.417
201509 17.076 101.753 25.682
201512 18.860 102.901 28.049
201603 21.043 102.518 31.412
201606 18.724 105.961 27.042
201609 14.576 105.961 21.051
201612 5.783 105.196 8.413
201703 -3.109 105.196 -4.523
201803 0.000 109.786 0.000
201806 1.880 111.317 2.585
201809 0.773 115.142 1.027
201812 0.692 115.142 0.920
201903 5.905 118.202 7.645
201906 1.084 120.880 1.372
201909 1.547 123.175 1.922
201912 0.770 126.235 0.933
202003 7.977 124.705 9.789
202006 0.695 127.000 0.837
202009 0.758 130.118 0.892
202012 1.017 130.889 1.189
202103 23.635 131.771 27.449
202106 1.772 134.084 2.022
202109 3.658 135.847 4.121
202112 3.283 138.161 3.636
202203 25.607 138.822 28.229
202206 3.510 142.347 3.774
202209 3.131 144.661 3.312
202212 3.256 145.763 3.418
202303 3.148 146.865 3.280
202306 3.220 150.280 3.279
202309 3.237 151.492 3.270
202312 3.954 152.924 3.957
202403 29.993 153.035 29.993

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.


LKP Finance  (BOM:507912) 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.


LKP Finance Cyclically Adjusted PS Ratio Related Terms

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


LKP Finance (BOM:507912) Business Description

Traded in Other Exchanges
N/A
Address
203, Embassy Centre, Nariman Point, Mumbai, MH, IND, 400021
LKP Finance Ltd is an India-based non-banking finance company. The company is engaged in investing activities and other financial services. The products and services provided by the company include broking in cash and derivatives, internet-based trading, demat services, research, debt and money market broking, merchant banking, currency, loan against shares and margin funding, commodity trading, mutual fund distribution, new issue distribution, life insurance distribution, and other related services. Geographically, the company operates in India.

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