GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Indbank Merchant Banking Services Ltd (BOM:511473) » Definitions » Cyclically Adjusted PS Ratio

Indbank Merchant Banking Services (BOM:511473) Cyclically Adjusted PS Ratio : 10.26 (As of Jun. 04, 2025)


View and export this data going back to 2000. Start your Free Trial

What is Indbank Merchant Banking Services Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Indbank Merchant Banking Services's current share price is ₹36.43. Indbank Merchant Banking Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹3.55. Indbank Merchant Banking Services's Cyclically Adjusted PS Ratio for today is 10.26.

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

BOM:511473' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.6   Med: 9.3   Max: 16.4
Current: 9.86

During the past years, Indbank Merchant Banking Services's highest Cyclically Adjusted PS Ratio was 16.40. The lowest was 3.60. And the median was 9.30.

BOM:511473's Cyclically Adjusted PS Ratio is ranked worse than
77.66% of 555 companies
in the Capital Markets industry
Industry Median: 3.7 vs BOM:511473: 9.86

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.

Indbank Merchant Banking Services's adjusted revenue per share data for the three months ended in Mar. 2025 was ₹-0.206. 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 ₹3.55 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indbank Merchant Banking Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Indbank Merchant Banking Services'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.

Indbank Merchant Banking Services Cyclically Adjusted PS Ratio Chart

Indbank Merchant Banking Services Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 8.22 7.07 12.90 7.89

Indbank Merchant Banking Services Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 12.90 14.86 12.84 12.63 7.89

Competitive Comparison of Indbank Merchant Banking Services's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Indbank Merchant Banking Services'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.


Indbank Merchant Banking Services's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Indbank Merchant Banking Services's Cyclically Adjusted PS Ratio falls into.


;
;

Indbank Merchant Banking Services 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.

Indbank Merchant Banking Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.43/3.55
=10.26

* 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.

Indbank Merchant Banking Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Indbank Merchant Banking Services's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.206/157.5517*157.5517
=-0.206

Current CPI (Mar. 2025) = 157.5517.

Indbank Merchant Banking Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.540 99.841 0.852
201509 0.397 101.753 0.615
201512 0.314 102.901 0.481
201603 0.351 102.518 0.539
201606 0.537 105.961 0.798
201609 0.582 105.961 0.865
201612 0.436 105.196 0.653
201703 0.529 105.196 0.792
201706 0.734 107.109 1.080
201709 0.631 109.021 0.912
201712 0.657 109.404 0.946
201803 0.605 109.786 0.868
201806 0.557 111.317 0.788
201809 0.412 115.142 0.564
201812 0.419 115.142 0.573
201903 0.435 118.202 0.580
201906 0.606 120.880 0.790
201909 0.365 123.175 0.467
201912 0.434 126.235 0.542
202003 0.568 124.705 0.718
202006 0.643 127.000 0.798
202009 0.740 130.118 0.896
202012 0.585 130.889 0.704
202103 0.720 131.771 0.861
202106 0.897 134.084 1.054
202109 0.894 135.847 1.037
202112 1.222 138.161 1.394
202203 0.973 138.822 1.104
202206 1.003 142.347 1.110
202209 1.141 144.661 1.243
202212 0.964 145.763 1.042
202303 0.862 146.865 0.925
202306 1.159 150.280 1.215
202309 1.339 151.492 1.393
202312 1.375 152.924 1.417
202403 0.417 153.035 0.429
202406 1.647 155.789 1.666
202409 1.764 157.882 1.760
202412 1.288 158.323 1.282
202503 -0.206 157.552 -0.206

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.


Indbank Merchant Banking Services  (BOM:511473) 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.


Indbank Merchant Banking Services Cyclically Adjusted PS Ratio Related Terms

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


Indbank Merchant Banking Services Business Description

Traded in Other Exchanges
Address
Number 480, Anna Salai, First Floor, Khivraj Complex 1, Nandanam, Chennai, TN, IND, 600 035
Indbank Merchant Banking Services Ltd is an India based company engaged in merchant banking activities. It is involved in providing fee-based services which include operations like merchant banking, stock broking, depository participant services, distribution of financial products and allied activities. The company carries its operations in India and generates the majority of the revenue from the stock broking membership operations.

Indbank Merchant Banking Services Headlines

No Headlines