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Globe Multi Ventures (BOM:540266) Cyclically Adjusted PS Ratio : 0.16 (As of May. 24, 2024)


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What is Globe Multi Ventures Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Globe Multi Ventures's current share price is ₹22.82. Globe Multi Ventures's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹140.11. Globe Multi Ventures's Cyclically Adjusted PS Ratio for today is 0.16.

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

BOM:540266' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.25   Max: 0.5
Current: 0.16

During the past years, Globe Multi Ventures's highest Cyclically Adjusted PS Ratio was 0.50. The lowest was 0.16. And the median was 0.25.

BOM:540266's Cyclically Adjusted PS Ratio is ranked better than
88.54% of 445 companies
in the Conglomerates industry
Industry Median: 0.8 vs BOM:540266: 0.16

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.

Globe Multi Ventures's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹68.864. 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 ₹140.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globe Multi Ventures Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Globe Multi Ventures'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.

Globe Multi Ventures Cyclically Adjusted PS Ratio Chart

Globe Multi Ventures 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 - - - - 0.46

Globe Multi Ventures 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 0.27 0.46 0.32 0.23 0.18

Competitive Comparison of Globe Multi Ventures's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Globe Multi Ventures'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.


Globe Multi Ventures's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Globe Multi Ventures's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Globe Multi Ventures 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.

Globe Multi Ventures's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.82/140.11
=0.16

* 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.

Globe Multi Ventures's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Globe Multi Ventures'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)
=68.864/152.9243*152.9243
=68.864

Current CPI (Dec. 2023) = 152.9243.

Globe Multi Ventures Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 91.425 0.000
201406 2.115 94.103 3.437
201409 0.803 96.780 1.269
201412 0.158 96.780 0.250
201503 0.000 97.163 0.000
201506 0.055 99.841 0.084
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 0.000 102.518 0.000
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 0.000 105.196 0.000
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.000 109.786 0.000
201806 0.544 111.317 0.747
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 -0.538 118.202 -0.696
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 0.000 124.705 0.000
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 0.017 131.771 0.020
202106 36.856 134.084 42.035
202109 37.340 135.847 42.034
202112 35.929 138.161 39.768
202203 60.815 138.822 66.993
202206 55.159 142.347 59.258
202209 59.457 144.661 62.853
202212 64.349 145.763 67.511
202303 53.818 146.865 56.039
202306 58.745 150.280 59.779
202309 59.709 151.492 60.274
202312 68.864 152.924 68.864

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.


Globe Multi Ventures  (BOM:540266) 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.


Globe Multi Ventures Cyclically Adjusted PS Ratio Related Terms

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


Globe Multi Ventures (BOM:540266) Business Description

Traded in Other Exchanges
N/A
Address
Transport Road, Plot No. 54 and 55, A.G. Arcade, Balaji Co-operative Society, Secunderabad, TG, IND, 500009
Globe Multi Ventures Ltd is engaged in the business of buyer, seller, stockist, agent, brokers, commission agents, and others in agro commodities, sanitary ware, cotton, jute, and all other merchandise goods. The company also provides Management and Financial Consultancy.

Globe Multi Ventures (BOM:540266) Headlines

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