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Dhani Services (BOM:532960) Cyclically Adjusted PS Ratio : (As of May. 21, 2024)


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What is Dhani Services Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dhani Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dhani 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.

Dhani Services Cyclically Adjusted PS Ratio Chart

Dhani Services 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 - - 2.74 1.12 -

Dhani Services 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 1.12 1.37 1.75 1.63 -

Competitive Comparison of Dhani Services's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Dhani 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.


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

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

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



Dhani 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.

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

For example, Dhani Services'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)
=1.997/153.0345*153.0345
=1.997

Current CPI (Mar. 2024) = 153.0345.

Dhani Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.681 94.103 4.360
201409 2.807 96.780 4.439
201412 1.953 96.780 3.088
201503 4.020 97.163 6.332
201506 2.562 99.841 3.927
201509 2.784 101.753 4.187
201512 2.456 102.901 3.653
201603 3.142 102.518 4.690
201606 3.381 105.961 4.883
201609 3.274 105.961 4.728
201612 3.065 105.196 4.459
201703 3.570 105.196 5.193
201706 3.744 107.109 5.349
201709 3.349 109.021 4.701
201712 5.468 109.404 7.649
201803 5.543 109.786 7.727
201806 6.585 111.317 9.053
201809 8.013 115.142 10.650
201812 9.385 115.142 12.474
201903 8.480 118.202 10.979
201906 9.693 120.880 12.271
201909 10.072 123.175 12.514
201912 9.038 126.235 10.957
202003 7.334 124.705 9.000
202006 6.579 127.000 7.928
202009 6.286 130.118 7.393
202012 6.224 130.889 7.277
202103 3.139 131.771 3.646
202106 3.151 134.084 3.596
202109 5.948 135.847 6.701
202112 8.722 138.161 9.661
202203 4.303 138.822 4.744
202206 4.148 142.347 4.459
202209 2.403 144.661 2.542
202212 2.180 145.763 2.289
202303 1.386 146.865 1.444
202306 1.683 150.280 1.714
202309 1.646 151.492 1.663
202312 1.628 152.924 1.629
202403 1.997 153.035 1.997

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.


Dhani Services  (BOM:532960) 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.


Dhani Services Cyclically Adjusted PS Ratio Related Terms

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Dhani Services (BOM:532960) Business Description

Traded in Other Exchanges
Address
4th Floor, S. B. Marg, One International Centre, Tower 1, Elphinstone (West), Mumbai, MH, IND, 400013
Dhani Services Ltd is a capital market company providing securities and derivative broking services. It is registered with SEBI as a Stock Broker, a Depository Participant, a Research Analyst, and a Merchant Banker in Category I. The company's products include Equity Trading, Derivative Trading, Commodity Trading, Currency Trading, and IPO. It is also engaged in Credit Line, Online Pharmacy, Payments services.

Dhani Services (BOM:532960) Headlines

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