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K K Fincorp (BOM:503669) Cyclically Adjusted PS Ratio : 14.24 (As of May. 21, 2024)


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What is K K Fincorp Cyclically Adjusted PS Ratio?

As of today (2024-05-21), K K Fincorp's current share price is ₹28.62. K K Fincorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹2.01. K K Fincorp's Cyclically Adjusted PS Ratio for today is 14.24.

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

BOM:503669' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.69   Med: 8.55   Max: 20.15
Current: 14.22

During the past years, K K Fincorp's highest Cyclically Adjusted PS Ratio was 20.15. The lowest was 4.69. And the median was 8.55.

BOM:503669's Cyclically Adjusted PS Ratio is ranked worse than
80.09% of 879 companies
in the Asset Management industry
Industry Median: 7.52 vs BOM:503669: 14.22

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.

K K Fincorp's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.081. 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 ₹2.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


K K Fincorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for K K Fincorp'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.

K K Fincorp Cyclically Adjusted PS Ratio Chart

K K Fincorp 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 - - 4.92 5.02 8.51

K K Fincorp 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 8.74 8.51 11.11 17.07 12.24

Competitive Comparison of K K Fincorp's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, K K Fincorp'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.


K K Fincorp's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, K K Fincorp's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



K K Fincorp 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.

K K Fincorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.62/2.01
=14.24

* 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.

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

For example, K K Fincorp'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)
=0.081/152.9243*152.9243
=0.081

Current CPI (Dec. 2023) = 152.9243.

K K Fincorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.363 91.042 0.610
201312 0.232 91.425 0.388
201403 2.592 91.425 4.336
201406 0.299 94.103 0.486
201409 0.362 96.780 0.572
201412 0.396 96.780 0.626
201503 0.338 97.163 0.532
201506 0.347 99.841 0.531
201509 0.319 101.753 0.479
201512 0.294 102.901 0.437
201603 0.284 102.518 0.424
201606 0.280 105.961 0.404
201609 0.083 105.961 0.120
201612 0.000 105.196 0.000
201703 0.000 105.196 0.000
201706 0.000 107.109 0.000
201709 0.008 109.021 0.011
201803 0.000 109.786 0.000
201809 0.231 115.142 0.307
201812 0.015 115.142 0.020
201903 0.224 118.202 0.290
201906 0.019 120.880 0.024
201909 0.019 123.175 0.024
201912 0.017 126.235 0.021
202003 0.389 124.705 0.477
202006 0.018 127.000 0.022
202009 0.047 130.118 0.055
202012 0.078 130.889 0.091
202103 0.063 131.771 0.073
202106 0.014 134.084 0.016
202109 1.891 135.847 2.129
202112 0.045 138.161 0.050
202203 2.398 138.822 2.642
202206 0.054 142.347 0.058
202209 0.334 144.661 0.353
202212 0.768 145.763 0.806
202303 0.459 146.865 0.478
202306 0.056 150.280 0.057
202309 0.089 151.492 0.090
202312 0.081 152.924 0.081

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.


K K Fincorp  (BOM:503669) 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.


K K Fincorp Cyclically Adjusted PS Ratio Related Terms

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


K K Fincorp (BOM:503669) Business Description

Traded in Other Exchanges
N/A
Address
REMI House, Walbhat Road, Plot No. 11, Cama Industrial Estate, Goregoan (East), Mumbai, MH, IND, 400 063
K K Fincorp Ltd is an investment company engaged in investment activities and other financial services. The company's business is to buy, underwrite, invest in, acquire and hold shares, stock, debentures, bonds, obligations and securities. It derives revenue from Interest income and Capital Gain on Sale of Long Term Investments, of which key income is derived from the Capital Gain on Sale of Long Term Investments.

K K Fincorp (BOM:503669) Headlines

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