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Inter Globe Finance (BOM:511391) Cyclically Adjusted PS Ratio : 1.45 (As of Jun. 09, 2024)


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What is Inter Globe Finance Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Inter Globe Finance's current share price is ₹83.45. Inter Globe Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹57.43. Inter Globe Finance's Cyclically Adjusted PS Ratio for today is 1.45.

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

BOM:511391' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.58   Max: 1.55
Current: 1.45

During the past years, Inter Globe Finance's highest Cyclically Adjusted PS Ratio was 1.55. The lowest was 0.10. And the median was 0.58.

BOM:511391's Cyclically Adjusted PS Ratio is ranked better than
67.01% of 385 companies
in the Credit Services industry
Industry Median: 2.96 vs BOM:511391: 1.45

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.

Inter Globe Finance's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹113.073. 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 ₹57.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inter Globe Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inter Globe 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.

Inter Globe Finance Cyclically Adjusted PS Ratio Chart

Inter Globe Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.37 0.59 0.60

Inter Globe 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 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 0.61 0.60 0.64 0.63 0.59

Competitive Comparison of Inter Globe Finance's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Inter Globe 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.


Inter Globe Finance's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

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



Inter Globe 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=83.45/57.43
=1.45

* 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.

Inter Globe Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Inter Globe Finance's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=113.073/152.9243*152.9243
=113.073

Current CPI (Dec. 2023) = 152.9243.

Inter Globe Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 48.630 91.425 81.342
201406 15.695 94.103 25.506
201409 37.328 96.780 58.983
201412 32.914 96.780 52.008
201503 -74.450 97.163 -117.177
201506 55.196 99.841 84.543
201509 41.254 101.753 62.000
201512 24.705 102.901 36.715
201603 13.929 102.518 20.778
201606 15.989 105.961 23.076
201609 47.149 105.961 68.046
201612 23.981 105.196 34.861
201703 -98.383 105.196 -143.020
201706 17.765 107.109 25.364
201709 3.455 109.021 4.846
201712 3.435 109.404 4.801
201803 -12.037 109.786 -16.767
201806 10.276 111.317 14.117
201809 3.838 115.142 5.097
201812 2.928 115.142 3.889
201903 -5.423 118.202 -7.016
201906 4.026 120.880 5.093
201909 3.040 123.175 3.774
201912 2.675 126.235 3.241
202003 1.892 124.705 2.320
202006 2.818 127.000 3.393
202009 13.705 130.118 16.107
202012 9.610 130.889 11.228
202103 -16.899 131.771 -19.612
202106 10.394 134.084 11.854
202109 2.120 135.847 2.387
202112 7.233 138.161 8.006
202203 -10.698 138.822 -11.785
202206 6.692 142.347 7.189
202209 6.841 144.661 7.232
202212 8.033 145.763 8.428
202303 -11.798 146.865 -12.285
202306 23.419 150.280 23.831
202309 68.156 151.492 68.800
202312 113.073 152.924 113.073

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.


Inter Globe Finance  (BOM:511391) 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.


Inter Globe Finance Cyclically Adjusted PS Ratio Related Terms

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


Inter Globe Finance (BOM:511391) Business Description

Traded in Other Exchanges
N/A
Address
6B, Bentinck Street, 1st Floor, Aloka House, Kolkata, WB, IND, 700001
Inter Globe Finance Ltd is a non-banking financial company. It is engaged in finance management and advisory services. It offers micro, small, and medium enterprise/small and medium enterprise finance; loan syndication; project finance; working capital, business, and two-wheeler loans; ECB/ICDs; IPO funding; loan against the property; mortgages; loan against shares; and construction, infrastructure, medical, IT, equipment finance. Principal activities of the company include Other financial service activities, except in insurance and pension funding activities.

Inter Globe Finance (BOM:511391) Headlines

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