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Dhruva Capital Services (BOM:531237) Cyclically Adjusted PS Ratio : 449.44 (As of May. 28, 2024)


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What is Dhruva Capital Services Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Dhruva Capital Services's current share price is ₹400.00. Dhruva Capital Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹0.89. Dhruva Capital Services's Cyclically Adjusted PS Ratio for today is 449.44.

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

BOM:531237' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.87   Med: 10.39   Max: 523.82
Current: 464.78

During the past years, Dhruva Capital Services's highest Cyclically Adjusted PS Ratio was 523.82. The lowest was 2.87. And the median was 10.39.

BOM:531237's Cyclically Adjusted PS Ratio is ranked worse than
99.73% of 373 companies
in the Credit Services industry
Industry Median: 2.86 vs BOM:531237: 464.78

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.

Dhruva Capital Services's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.780. 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 ₹0.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dhruva Capital Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dhruva Capital Services'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.

Dhruva Capital Services Cyclically Adjusted PS Ratio Chart

Dhruva Capital Services 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 - - 3.20 6.76 51.43

Dhruva Capital Services 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 32.13 51.43 72.79 135.17 241.70

Competitive Comparison of Dhruva Capital Services's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Dhruva Capital Services'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.


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

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

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



Dhruva Capital Services 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.

Dhruva Capital Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=400.00/0.89
=449.44

* 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.

Dhruva Capital Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Dhruva Capital Services'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)
=0.78/152.9243*152.9243
=0.780

Current CPI (Dec. 2023) = 152.9243.

Dhruva Capital Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.132 91.425 0.221
201406 0.139 94.103 0.226
201409 0.159 96.780 0.251
201412 0.151 96.780 0.239
201503 -0.019 97.163 -0.030
201506 0.157 99.841 0.240
201509 0.143 101.753 0.215
201512 0.142 102.901 0.211
201603 0.239 102.518 0.357
201606 0.153 105.961 0.221
201609 0.191 105.961 0.276
201612 0.175 105.196 0.254
201703 0.145 105.196 0.211
201706 0.170 107.109 0.243
201709 0.184 109.021 0.258
201712 0.173 109.404 0.242
201803 0.204 109.786 0.284
201806 0.165 111.317 0.227
201809 0.158 115.142 0.210
201812 0.156 115.142 0.207
201903 -0.360 118.202 -0.466
201906 0.149 120.880 0.188
201909 0.156 123.175 0.194
201912 0.147 126.235 0.178
202003 0.161 124.705 0.197
202006 0.120 127.000 0.144
202009 0.170 130.118 0.200
202012 0.146 130.889 0.171
202103 0.070 131.771 0.081
202106 0.182 134.084 0.208
202109 0.166 135.847 0.187
202112 0.194 138.161 0.215
202203 0.191 138.822 0.210
202206 0.154 142.347 0.165
202209 0.164 144.661 0.173
202212 0.185 145.763 0.194
202303 0.156 146.865 0.162
202306 0.399 150.280 0.406
202309 0.707 151.492 0.714
202312 0.780 152.924 0.780

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.


Dhruva Capital Services  (BOM:531237) 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.


Dhruva Capital Services Cyclically Adjusted PS Ratio Related Terms

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


Dhruva Capital Services (BOM:531237) Business Description

Traded in Other Exchanges
N/A
Address
First Floor, 60-D, Panchwati, Udaipur, RJ, IND, 313001
Dhruva Capital Services Ltd is an Indian non-banking financial company. It operates in the financial services segment which includes hire purchase, lease, interest on ICD (inter-corporate deposit), loans, and advances. It generates maximum revenue in the form of interest on loans.

Dhruva Capital Services (BOM:531237) Headlines

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