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Prestige Estates Projects (BOM:533274) Cyclically Adjusted PS Ratio : 7.73 (As of May. 17, 2024)


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What is Prestige Estates Projects Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Prestige Estates Projects's current share price is ₹1524.70. Prestige Estates Projects's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹197.19. Prestige Estates Projects's Cyclically Adjusted PS Ratio for today is 7.73.

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

BOM:533274' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.16   Med: 2.7   Max: 7.65
Current: 7.65

During the past years, Prestige Estates Projects's highest Cyclically Adjusted PS Ratio was 7.65. The lowest was 2.16. And the median was 2.70.

BOM:533274's Cyclically Adjusted PS Ratio is ranked worse than
85.76% of 1369 companies
in the Real Estate industry
Industry Median: 1.74 vs BOM:533274: 7.65

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.

Prestige Estates Projects's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹44.779. 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 ₹197.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prestige Estates Projects Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Prestige Estates Projects'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.

Prestige Estates Projects Cyclically Adjusted PS Ratio Chart

Prestige Estates Projects 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 - - - 2.85 2.16

Prestige Estates Projects 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 2.53 2.16 3.01 3.08 5.95

Competitive Comparison of Prestige Estates Projects's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Prestige Estates Projects'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.


Prestige Estates Projects's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prestige Estates Projects's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Prestige Estates Projects 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.

Prestige Estates Projects's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1524.70/197.19
=7.73

* 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.

Prestige Estates Projects's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Prestige Estates Projects'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)
=44.779/152.9243*152.9243
=44.779

Current CPI (Dec. 2023) = 152.9243.

Prestige Estates Projects Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 6.607 79.567 12.698
201209 6.806 82.244 12.655
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201506 39.757 99.841 60.895
201509 43.203 101.753 64.929
201512 27.707 102.901 41.176
201603 36.543 102.518 54.510
201606 25.105 105.961 36.232
201609 30.751 105.961 44.380
201612 32.968 105.196 47.926
201703 38.512 105.196 55.985
201706 34.068 107.109 48.641
201709 29.319 109.021 41.126
201712 33.871 109.404 47.345
201803 49.365 109.786 68.762
201806 22.307 111.317 30.645
201809 34.606 115.142 45.962
201812 28.105 115.142 37.327
201903 50.332 118.202 65.117
201906 40.970 120.880 51.831
201909 51.289 123.175 63.676
201912 71.413 126.235 86.511
202003 47.801 124.705 58.618
202006 31.843 127.000 38.343
202009 46.875 130.118 55.091
202012 45.954 130.889 53.690
202103 52.950 131.771 61.450
202106 33.901 134.084 38.664
202109 32.368 135.847 36.437
202112 33.111 138.161 36.649
202203 57.306 138.822 63.128
202206 48.344 142.347 51.936
202209 35.616 144.661 37.650
202212 57.834 145.763 60.675
202303 63.162 146.865 65.768
202306 41.944 150.280 42.682
202309 55.772 151.492 56.299
202312 44.779 152.924 44.779

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.


Prestige Estates Projects  (BOM:533274) 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.


Prestige Estates Projects Cyclically Adjusted PS Ratio Related Terms

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


Prestige Estates Projects (BOM:533274) Business Description

Traded in Other Exchanges
Address
No. 19, Brunton Road, Prestige Falcon Tower, Bangalore, KA, IND, 560025
Prestige Estates Projects Ltd is a real estate development group operating in South India, including in the cities of Chennai, Hyderabad, Kochi, Mysuru, Mangaluru, and Goa. The Prestige Group's property portfolio covers the residential, commercial, retail, property management, and hospitality segments. Projects include landmark malls, large townships, tech parks, hotels, and luxury villas. Most of the company's completed projects come from its Residential segment, while the overwhelming majority of new projects are also from its residential segment. The company generates the majority of its revenue from the Residential segment.

Prestige Estates Projects (BOM:533274) Headlines

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