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Key (BOM:507948) Cyclically Adjusted PS Ratio : 41.39 (As of Jun. 09, 2024)


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What is Key Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Key's current share price is ₹185.00. Key's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹4.47. Key's Cyclically Adjusted PS Ratio for today is 41.39.

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

BOM:507948' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.32   Med: 10.02   Max: 41.39
Current: 41.37

During the past years, Key's highest Cyclically Adjusted PS Ratio was 41.39. The lowest was 1.32. And the median was 10.02.

BOM:507948's Cyclically Adjusted PS Ratio is ranked worse than
96.88% of 385 companies
in the Credit Services industry
Industry Median: 2.96 vs BOM:507948: 41.37

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.

Key's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹-0.180. 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 ₹4.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Key Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Key'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.

Key Cyclically Adjusted PS Ratio Chart

Key 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 - 2.71 9.79 10.14 20.63

Key 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 10.14 12.98 11.87 13.20 20.63

Competitive Comparison of Key's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Key'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.


Key's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Key's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Key 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.

Key's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=185.00/4.47
=41.39

* 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.

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

For example, Key'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)
=-0.18/153.0345*153.0345
=-0.180

Current CPI (Mar. 2024) = 153.0345.

Key Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.643 94.103 1.046
201409 0.631 96.780 0.998
201412 0.812 96.780 1.284
201503 1.509 97.163 2.377
201506 0.453 99.841 0.694
201509 0.379 101.753 0.570
201512 0.882 102.901 1.312
201603 1.103 102.518 1.647
201606 0.373 105.961 0.539
201609 0.580 105.961 0.838
201612 0.673 105.196 0.979
201703 1.303 105.196 1.896
201706 1.502 107.109 2.146
201709 0.401 109.021 0.563
201712 1.056 109.404 1.477
201803 2.143 109.786 2.987
201806 0.473 111.317 0.650
201809 0.471 115.142 0.626
201812 0.601 115.142 0.799
201903 1.542 118.202 1.996
201906 0.357 120.880 0.452
201909 0.745 123.175 0.926
201912 0.444 126.235 0.538
202003 1.490 124.705 1.828
202006 0.248 127.000 0.299
202009 10.101 130.118 11.880
202012 0.131 130.889 0.153
202103 0.430 131.771 0.499
202106 0.225 134.084 0.257
202109 0.178 135.847 0.201
202112 0.164 138.161 0.182
202203 0.779 138.822 0.859
202206 0.132 142.347 0.142
202209 0.186 144.661 0.197
202212 0.076 145.763 0.080
202303 0.143 146.865 0.149
202306 0.131 150.280 0.133
202309 0.335 151.492 0.338
202312 0.364 152.924 0.364
202403 -0.180 153.035 -0.180

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.


Key  (BOM:507948) 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.


Key Cyclically Adjusted PS Ratio Related Terms

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


Key (BOM:507948) Business Description

Traded in Other Exchanges
N/A
Address
16/16-A, Civil Lines, Kanpur, UP, IND, 208001
Key Corp Ltd is an Indian non-banking financial company. The company is engaged in the provision of hire purchase services. It is engaged in vehicle financing and investments in mutual funds. The company generates revenue in the form of interest and fees and commission income.

Key (BOM:507948) Headlines

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