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Sylph Technologies (BOM:511447) Cyclically Adjusted PS Ratio : 7.44 (As of Jun. 06, 2024)


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What is Sylph Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Sylph Technologies's current share price is ₹2.01. Sylph Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹0.27. Sylph Technologies's Cyclically Adjusted PS Ratio for today is 7.44.

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

BOM:511447' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.49   Med: 15.3   Max: 19.5
Current: 7.49

During the past years, Sylph Technologies's highest Cyclically Adjusted PS Ratio was 19.50. The lowest was 7.49. And the median was 15.30.

BOM:511447's Cyclically Adjusted PS Ratio is ranked worse than
86.91% of 1459 companies
in the Software industry
Industry Median: 1.83 vs BOM:511447: 7.49

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.

Sylph Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹0.152. 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 ₹0.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sylph Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sylph Technologies'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.

Sylph Technologies Cyclically Adjusted PS Ratio Chart

Sylph Technologies 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 - - - - 9.92

Sylph Technologies 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 - - 18.60 14.89 9.92

Competitive Comparison of Sylph Technologies's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Sylph Technologies'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.


Sylph Technologies's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Sylph Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sylph Technologies 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.

Sylph Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.01/0.27
=7.44

* 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.

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

For example, Sylph Technologies'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)
=0.152/153.0345*153.0345
=0.152

Current CPI (Mar. 2024) = 153.0345.

Sylph Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201006 0.000 66.560 0.000
201106 0.000 72.298 0.000
201112 0.003 75.359 0.006
201203 0.000 76.889 0.000
201206 0.002 79.567 0.004
201209 0.002 82.244 0.004
201212 0.006 83.774 0.011
201303 0.004 85.687 0.007
201306 0.019 88.365 0.033
201309 0.013 91.042 0.022
201312 0.013 91.425 0.022
201403 0.058 91.425 0.097
201503 0.000 97.163 0.000
201603 0.417 102.518 0.622
201703 0.199 105.196 0.289
201803 0.001 109.786 0.001
201806 0.003 111.317 0.004
201809 0.003 115.142 0.004
201812 0.002 115.142 0.003
201903 -0.001 118.202 -0.001
201906 0.006 120.880 0.008
201909 0.004 123.175 0.005
201912 0.004 126.235 0.005
202003 0.000 124.705 0.000
202006 0.005 127.000 0.006
202009 0.006 130.118 0.007
202012 0.000 130.889 0.000
202103 0.001 131.771 0.001
202106 0.001 134.084 0.001
202109 0.001 135.847 0.001
202112 0.001 138.161 0.001
202203 0.013 138.822 0.014
202206 0.017 142.347 0.018
202209 0.056 144.661 0.059
202212 0.064 145.763 0.067
202303 0.168 146.865 0.175
202306 0.035 150.280 0.036
202309 0.087 151.492 0.088
202312 0.541 152.924 0.541
202403 0.152 153.035 0.152

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.


Sylph Technologies  (BOM:511447) 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.


Sylph Technologies Cyclically Adjusted PS Ratio Related Terms

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


Sylph Technologies (BOM:511447) Business Description

Traded in Other Exchanges
N/A
Address
51 M G Road, 201 E Johari Palace, Tukoganj, Indore, MP, IND, 452001
Sylph Technologies Ltd is an India-based company. It is engaged in providing offshore outsourcing, software development outsourcing, custom application development, outsourced product development, e-commerce, and wireless and mobile solutions. The operating segment of the company is Information Technology, Education, Printing and Publishing Newspapers, and Trading of Solar Power Plant. The firm is also engaged in providing BPO Service & KPO Service and providing services in the field of Accounting, Income tax, Service Tax, VAT, CST, GST, Custom Duty and other duties and taxes, Auditing, Corporate Services, Company law matters, Financial & Legal Consultancy and Tax Management.

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