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Mehta Integrated Finance (BOM:511377) Cyclically Adjusted PS Ratio : (As of May. 16, 2024)


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What is Mehta Integrated Finance Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mehta Integrated Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mehta Integrated Finance'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.

Mehta Integrated Finance Cyclically Adjusted PS Ratio Chart

Mehta Integrated Finance Annual Data
Trend Aug14 Aug15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.40 4.03 10.35

Mehta Integrated Finance 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 13.01 10.35 - - -

Competitive Comparison of Mehta Integrated Finance's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Mehta Integrated Finance'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.


Mehta Integrated Finance's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Mehta Integrated Finance 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.

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

For example, Mehta Integrated Finance'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)
=0/153.2548*153.2548
=0.000

Current CPI (Dec. 2023) = 153.2548.

Mehta Integrated Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 0.000 91.042 0.000
201405 0.000 93.338 0.000
201408 1.709 96.780 2.706
201411 0.000 96.780 0.000
201502 0.000 96.780 0.000
201505 0.000 98.693 0.000
201508 0.000 100.988 0.000
201511 0.000 103.283 0.000
201603 0.040 102.518 0.060
201606 0.000 105.961 0.000
201609 0.053 105.961 0.077
201612 0.000 105.196 0.000
201703 -0.612 105.196 -0.892
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.000 109.786 0.000
201806 0.000 111.317 0.000
201809 0.054 115.142 0.072
201812 0.000 115.142 0.000
201903 -0.010 118.202 -0.013
201906 0.000 120.880 0.000
201909 0.010 123.175 0.012
201912 0.000 126.235 0.000
202003 0.935 124.705 1.149
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.010 130.889 0.012
202103 0.150 131.771 0.174
202106 0.015 134.084 0.017
202109 0.008 135.847 0.009
202112 0.000 138.161 0.000
202203 0.004 138.822 0.004
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.006 145.763 0.006
202303 0.010 146.865 0.010
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 153.255 0.000

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.


Mehta Integrated Finance  (BOM:511377) 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.


Mehta Integrated Finance Cyclically Adjusted PS Ratio Related Terms

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Mehta Integrated Finance (BOM:511377) Business Description

Traded in Other Exchanges
N/A
Address
03, Law Garden Apartment, Scheme-I, Opposite Law Garden, Ellisbridge, Ahmedabad, GJ, IND, 380006
Mehta Integrated Finance Ltd is an India based company engaged in the capital markets business sector. The company provides asset management, initial public offering, investment banking, corporate finance, and debts syndication, valuation, corporate advisory, and mergers and acquisitions. The company operates in Consulting and Capital Market investments.

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