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Tera Software (BOM:533982) Cyclically Adjusted PS Ratio : 0.34 (As of Jun. 06, 2024)


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What is Tera Software Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Tera Software's current share price is ₹58.06. Tera Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹168.35. Tera Software's Cyclically Adjusted PS Ratio for today is 0.34.

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

BOM:533982' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.28   Max: 0.43
Current: 0.34

During the past years, Tera Software's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.18. And the median was 0.28.

BOM:533982's Cyclically Adjusted PS Ratio is ranked better than
86.63% of 1459 companies
in the Software industry
Industry Median: 1.83 vs BOM:533982: 0.34

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.

Tera Software's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹18.350. 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 ₹168.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tera Software Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tera Software'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.

Tera Software Cyclically Adjusted PS Ratio Chart

Tera Software 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 - - 0.27 0.18 0.27

Tera Software Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.27 0.18 0.24 0.36 0.27

Competitive Comparison of Tera Software's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Tera Software'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.


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

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

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



Tera Software 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.

Tera Software's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=58.06/168.35
=0.34

* 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.

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

For example, Tera Software'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)
=18.35/153.0345*153.0345
=18.350

Current CPI (Mar. 2024) = 153.0345.

Tera Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 25.491 91.425 42.669
201406 8.082 94.103 13.143
201409 12.823 96.780 20.276
201412 23.463 96.780 37.101
201503 28.734 97.163 45.257
201506 13.832 99.841 21.202
201509 9.615 101.753 14.461
201512 21.745 102.901 32.339
201603 84.669 102.518 126.390
201606 88.023 105.961 127.127
201609 60.268 105.961 87.042
201612 36.641 105.196 53.304
201703 29.031 105.196 42.233
201706 23.225 107.109 33.183
201709 18.863 109.021 26.478
201712 28.176 109.404 39.413
201803 53.568 109.786 74.670
201806 19.348 111.317 26.599
201809 19.847 115.142 26.379
201812 15.859 115.142 21.078
201903 83.393 118.202 107.968
201906 29.016 120.880 36.734
201909 55.592 123.175 69.068
201912 56.635 126.235 68.658
202003 69.684 124.705 85.514
202006 11.872 127.000 14.306
202009 44.577 130.118 52.428
202012 32.104 130.889 37.536
202103 39.068 131.771 45.372
202106 18.990 134.084 21.674
202109 21.628 135.847 24.364
202112 29.882 138.161 33.099
202203 30.036 138.822 33.111
202206 22.298 142.347 23.972
202209 21.020 144.661 22.237
202212 17.446 145.763 18.316
202303 26.115 146.865 27.212
202309 16.404 151.492 16.571
202312 16.623 152.924 16.635
202403 18.350 153.035 18.350

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.


Tera Software  (BOM:533982) 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.


Tera Software Cyclically Adjusted PS Ratio Related Terms

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


Tera Software (BOM:533982) Business Description

Industry
Traded in Other Exchanges
Address
Plot No: 1107, Road No: 55, No. 8-2-293/82/A/1107, Jubilee Hills, Hyderabad, TG, IND, 500033
Tera Software Ltd is engaged in providing IT & Integrated related services. Its segments include Integrated Solutions, Technical Division, Projects Division, Software Development Services to customers globally operating and Others. The firm offers its services in various categories, such as system integration and networking, software development and consultancy, and e-governance. The company serves various industries, including energy and utilities; education; banking and financial services; communications, and consumer goods. The firm's operations are carried out in India.

Tera Software (BOM:533982) Headlines

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