GURUFOCUS.COM » STOCK LIST » Technology » Software » Birlasoft Ltd (BOM:532400) » Definitions » Cyclically Adjusted PS Ratio

Birlasoft (BOM:532400) Cyclically Adjusted PS Ratio : 3.28 (As of May. 27, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Birlasoft Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Birlasoft's current share price is ₹635.45. Birlasoft's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹193.77. Birlasoft's Cyclically Adjusted PS Ratio for today is 3.28.

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

BOM:532400' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.79   Max: 4.34
Current: 3.19

During the past years, Birlasoft's highest Cyclically Adjusted PS Ratio was 4.34. The lowest was 0.33. And the median was 1.79.

BOM:532400's Cyclically Adjusted PS Ratio is ranked worse than
66.02% of 1445 companies
in the Software industry
Industry Median: 1.84 vs BOM:532400: 3.19

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.

Birlasoft's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹48.569. 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 ₹193.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Birlasoft Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Birlasoft'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.

Birlasoft Cyclically Adjusted PS Ratio Chart

Birlasoft 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 0.36 1.43 2.48 1.37 3.83

Birlasoft 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 1.37 1.85 2.49 3.70 3.83

Competitive Comparison of Birlasoft's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Birlasoft'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.


Birlasoft's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Birlasoft's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Birlasoft 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=635.45/193.77
=3.28

* 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.

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

For example, Birlasoft'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)
=48.569/153.0345*153.0345
=48.569

Current CPI (Mar. 2024) = 153.0345.

Birlasoft Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 34.486 94.103 56.083
201409 37.789 96.780 59.754
201412 38.914 96.780 61.533
201503 38.219 97.163 60.196
201506 37.863 99.841 58.036
201509 40.612 101.753 61.079
201512 40.731 102.901 60.575
201603 41.976 102.518 62.660
201606 40.122 105.961 57.946
201609 41.488 105.961 59.919
201612 41.514 105.196 60.393
201703 42.968 105.196 62.508
201706 43.539 107.109 62.208
201709 46.016 109.021 64.593
201712 28.368 109.404 39.681
201803 48.447 109.786 67.532
201806 29.821 111.317 40.997
201809 30.229 115.142 40.177
201812 28.310 115.142 37.627
201903 28.859 118.202 37.363
201906 27.888 120.880 35.306
201909 27.659 123.175 34.364
201912 29.697 126.235 36.002
202003 32.679 124.705 40.103
202006 32.627 127.000 39.315
202009 30.393 130.118 35.746
202012 31.068 130.889 36.324
202103 31.618 131.771 36.720
202106 32.941 134.084 37.597
202109 35.609 135.847 40.114
202112 37.810 138.161 41.880
202203 39.035 138.822 43.031
202206 40.641 142.347 43.692
202209 42.273 144.661 44.720
202212 44.063 145.763 46.261
202303 44.217 146.865 46.075
202306 45.171 150.280 45.999
202309 46.769 151.492 47.245
202312 47.778 152.924 47.812
202403 48.569 153.035 48.569

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.


Birlasoft  (BOM:532400) 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.


Birlasoft Cyclically Adjusted PS Ratio Related Terms

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


Birlasoft (BOM:532400) Business Description

Industry
Traded in Other Exchanges
Address
Plot No. 35 and 36, MIDC, Phase I, Rajiv Gandhi Infotech Park, Hinjawadi, Pune, MH, IND, 411057
Birlasoft Ltd is engaged in providing software and IT-enabled services globally. It provides software development, IT consulting, and Product Engineering solutions to its clients in Automotive and Transportation, Manufacturing, and Energy and utility verticals. The company derives its revenue from the United States of America followed by the United Kingdom and Europe; and the Rest of the world. Its segment comprises Banking, Financial Services, and Insurance; Manufacturing; Energy and Utilities; and Life Sciences.

Birlasoft (BOM:532400) Headlines

No Headlines