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Keynote Financial Services (BOM:512597) Cyclically Adjusted Price-to-FCF : 71.08 (As of Jun. 07, 2025)


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What is Keynote Financial Services Cyclically Adjusted Price-to-FCF?

As of today (2025-06-07), Keynote Financial Services's current share price is ₹280.05. Keynote Financial Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹3.94. Keynote Financial Services's Cyclically Adjusted Price-to-FCF for today is 71.08.

The historical rank and industry rank for Keynote Financial Services's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BOM:512597' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 42.7   Med: 44.2   Max: 78.62
Current: 78.62

During the past 13 years, Keynote Financial Services's highest Cyclically Adjusted Price-to-FCF was 78.62. The lowest was 42.70. And the median was 44.20.

BOM:512597's Cyclically Adjusted Price-to-FCF is ranked worse than
89.19% of 222 companies
in the Capital Markets industry
Industry Median: 20.805 vs BOM:512597: 78.62

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Keynote Financial Services's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹7.207. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₹3.94 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keynote Financial Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Keynote Financial Services's Cyclically Adjusted Price-to-FCF 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.

Keynote Financial Services Cyclically Adjusted Price-to-FCF Chart

Keynote Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 36.49

Keynote Financial Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Price-to-FCF 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 - 36.49 - - -

Competitive Comparison of Keynote Financial Services's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Keynote Financial Services's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Keynote Financial Services's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Keynote Financial Services's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Keynote Financial Services's Cyclically Adjusted Price-to-FCF falls into.


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Keynote Financial Services Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Keynote Financial Services's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=280.05/3.94
=71.08

* 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.

Keynote Financial Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Keynote Financial Services's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=7.207/153.0345*153.0345
=7.207

Current CPI (Mar24) = 153.0345.

Keynote Financial Services Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -7.950 97.163 -12.521
201603 30.385 102.518 45.357
201703 -21.293 105.196 -30.976
201803 9.685 109.786 13.500
201903 -9.378 118.202 -12.142
202003 29.423 124.705 36.107
202103 -17.032 131.771 -19.780
202203 -23.372 138.822 -25.765
202303 35.053 146.865 36.526
202403 7.207 153.035 7.207

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Keynote Financial Services  (BOM:512597) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Keynote Financial Services Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Keynote Financial Services's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Keynote Financial Services Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Kasaravadi, The Ruby, 9th Floor, Dadar (West), Mumbai, MH, IND, 400028
Keynote Financial Services Ltd is engaged in the capital market business sector. Its operating segments include Corporate Finance; ESOP Advisory; Merchant Banking; and Debt advisory. The company generates maximum revenue from the Merchant banking segment. Geographically, it generates the majority of the revenue from India. Broking and other related activities include broking services to clients, advisory services, depository services, etc. Investment banking represents the results of raising financial capital by underwriting or acting as the client's agent in the issuance of securities.

Keynote Financial Services Headlines

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