GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Dubai Financial Market PJSC (DFM:DFM) » Definitions » Cyclically Adjusted PS Ratio

Dubai Financial Market PJSC (DFM:DFM) Cyclically Adjusted PS Ratio : 18.71 (As of Jun. 10, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Dubai Financial Market PJSC Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Dubai Financial Market PJSC's current share price is د.إ1.31. Dubai Financial Market PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was د.إ0.07. Dubai Financial Market PJSC's Cyclically Adjusted PS Ratio for today is 18.71.

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

DFM:DFM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.67   Med: 18.17   Max: 47.33
Current: 19.68

During the past years, Dubai Financial Market PJSC's highest Cyclically Adjusted PS Ratio was 47.33. The lowest was 8.67. And the median was 18.17.

DFM:DFM's Cyclically Adjusted PS Ratio is ranked worse than
91.55% of 592 companies
in the Capital Markets industry
Industry Median: 3.09 vs DFM:DFM: 19.68

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.

Dubai Financial Market PJSC's adjusted revenue per share data for the three months ended in Mar. 2024 was د.إ0.018. 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 د.إ0.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dubai Financial Market PJSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dubai Financial Market PJSC'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.

Dubai Financial Market PJSC Cyclically Adjusted PS Ratio Chart

Dubai Financial Market PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.63 16.56 46.52 22.81 20.51

Dubai Financial Market PJSC 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 18.85 22.10 23.31 20.51 22.23

Competitive Comparison of Dubai Financial Market PJSC's Cyclically Adjusted PS Ratio

For the Financial Data & Stock Exchanges subindustry, Dubai Financial Market PJSC'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.


Dubai Financial Market PJSC's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dubai Financial Market PJSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dubai Financial Market PJSC's Cyclically Adjusted PS Ratio falls into.



Dubai Financial Market PJSC 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.

Dubai Financial Market PJSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.31/0.07
=18.71

* 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.

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

For example, Dubai Financial Market PJSC'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)
=0.018/131.7762*131.7762
=0.018

Current CPI (Mar. 2024) = 131.7762.

Dubai Financial Market PJSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.038 100.560 0.050
201409 0.024 100.428 0.031
201412 0.027 99.070 0.036
201503 0.015 99.621 0.020
201506 0.023 100.684 0.030
201509 0.011 100.392 0.014
201512 0.009 99.792 0.012
201603 0.016 100.470 0.021
201606 0.013 101.688 0.017
201609 0.010 101.861 0.013
201612 0.017 101.863 0.022
201703 0.019 102.862 0.024
201706 0.012 103.349 0.015
201709 0.010 104.136 0.013
201712 0.014 104.011 0.018
201803 0.013 105.290 0.016
201806 0.011 106.317 0.014
201809 0.009 106.507 0.011
201812 0.009 105.998 0.011
201903 0.010 107.251 0.012
201906 0.011 108.070 0.013
201909 0.010 108.329 0.012
201912 0.010 108.420 0.012
202003 0.011 108.902 0.013
202006 0.013 108.767 0.016
202009 0.011 109.815 0.013
202012 0.008 109.897 0.010
202103 0.009 111.754 0.011
202106 0.008 114.631 0.009
202109 0.006 115.734 0.007
202112 0.014 117.630 0.016
202203 0.010 121.301 0.011
202206 0.011 125.017 0.012
202209 0.009 125.227 0.009
202212 0.014 125.222 0.015
202303 0.011 127.348 0.011
202306 0.016 128.729 0.016
202309 0.017 129.860 0.017
202312 0.023 129.419 0.023
202403 0.018 131.776 0.018

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.


Dubai Financial Market PJSC  (DFM:DFM) 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.


Dubai Financial Market PJSC Cyclically Adjusted PS Ratio Related Terms

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


Dubai Financial Market PJSC (DFM:DFM) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, P.O. Box 9700, Reception - Mezzanine Floor, Dubai World Trade Center Building, Dubai, ARE
Dubai Financial Market PJSC (DFM) operates as a regulated secondary market for the trading of securities issued by public shareholding companies, bonds issued by federal or local governments, local public institutions, and mutual funds as well as other local or foreign financial instruments. The company operates according to the principles of Sharia law. Revenue is derived from trading, investment, administration, and DFM's subsidiaries. Trading constitutes a majority of revenue.

Dubai Financial Market PJSC (DFM:DFM) Headlines

No Headlines