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Ganesh Holdings (BOM:504397) Cyclically Adjusted PS Ratio : 14.01 (As of Jun. 19, 2024)


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What is Ganesh Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Ganesh Holdings's current share price is ₹160.05. Ganesh Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹11.42. Ganesh Holdings's Cyclically Adjusted PS Ratio for today is 14.01.

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

BOM:504397' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.66   Max: 17.13
Current: 14.59

During the past years, Ganesh Holdings's highest Cyclically Adjusted PS Ratio was 17.13. The lowest was 0.12. And the median was 0.66.

BOM:504397's Cyclically Adjusted PS Ratio is ranked worse than
88.26% of 605 companies
in the Capital Markets industry
Industry Median: 3.1 vs BOM:504397: 14.59

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.

Ganesh Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹0.817. 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 ₹11.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ganesh Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ganesh Holdings'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.

Ganesh Holdings Cyclically Adjusted PS Ratio Chart

Ganesh Holdings 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 - 0.12 0.51 0.75 6.70

Ganesh Holdings 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 0.75 1.02 2.12 1.84 6.70

Competitive Comparison of Ganesh Holdings's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Ganesh Holdings'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.


Ganesh Holdings's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Ganesh Holdings 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.

Ganesh Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=160.05/11.42
=14.01

* 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.

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

For example, Ganesh Holdings'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)
=0.817/153.0345*153.0345
=0.817

Current CPI (Mar. 2024) = 153.0345.

Ganesh Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.071 94.103 0.115
201409 0.680 96.780 1.075
201412 0.083 96.780 0.131
201503 30.838 97.163 48.571
201506 0.104 99.841 0.159
201509 0.000 101.753 0.000
201512 0.304 102.901 0.452
201603 6.588 102.518 9.834
201606 0.575 105.961 0.830
201609 0.367 105.961 0.530
201612 0.342 105.196 0.498
201703 0.700 105.196 1.018
201706 0.318 107.109 0.454
201709 0.288 109.021 0.404
201712 5.449 109.404 7.622
201803 0.097 109.786 0.135
201806 0.328 111.317 0.451
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.000 118.202 0.000
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 0.494 130.118 0.581
202012 0.630 130.889 0.737
202103 -0.681 131.771 -0.791
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.077 138.161 0.085
202203 0.170 138.822 0.187
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 3.719 145.763 3.905
202303 -3.138 146.865 -3.270
202306 0.832 150.280 0.847
202309 0.840 151.492 0.849
202312 0.844 152.924 0.845
202403 0.817 153.035 0.817

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.


Ganesh Holdings  (BOM:504397) 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.


Ganesh Holdings Cyclically Adjusted PS Ratio Related Terms

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


Ganesh Holdings (BOM:504397) Business Description

Traded in Other Exchanges
N/A
Address
Daftary Road, Office No. 607, Center Plaza, 6th Floor, Shivaji Chowk, Malad (East), Mumbai, MH, IND, 400097
Ganesh Holdings Ltd is an India-based company engaged in Non-Banking Financial Activities. It is involved in dealing with shares, stocks, debentures, bonds, securities, and other investments. The company is also in the business of money lending or financing industrial enterprises, corporations, and other persons and investing in lands, buildings, factories, houses, flats, and commercial agricultural and mining properties.

Ganesh Holdings (BOM:504397) Headlines

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