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Times Guaranty (BOM:511559) Cyclically Adjusted PS Ratio : 34.19 (As of Jun. 17, 2024)


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What is Times Guaranty Cyclically Adjusted PS Ratio?

As of today (2024-06-17), Times Guaranty's current share price is ₹110.10. Times Guaranty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹3.22. Times Guaranty's Cyclically Adjusted PS Ratio for today is 34.19.

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

BOM:511559' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.93   Med: 17.21   Max: 47.47
Current: 34.14

During the past years, Times Guaranty's highest Cyclically Adjusted PS Ratio was 47.47. The lowest was 7.93. And the median was 17.21.

BOM:511559's Cyclically Adjusted PS Ratio is ranked worse than
95.56% of 878 companies
in the Asset Management industry
Industry Median: 7.635 vs BOM:511559: 34.14

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.

Times Guaranty's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹0.887. 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 ₹3.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Times Guaranty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Times Guaranty'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.

Times Guaranty Cyclically Adjusted PS Ratio Chart

Times Guaranty 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 - 8.23 17.59 16.11 28.51

Times Guaranty 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 16.11 17.74 22.47 43.04 28.51

Competitive Comparison of Times Guaranty's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Times Guaranty'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.


Times Guaranty's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Times Guaranty's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Times Guaranty 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.

Times Guaranty's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=110.10/3.22
=34.19

* 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.

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

For example, Times Guaranty'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)
=0.887/153.0345*153.0345
=0.887

Current CPI (Mar. 2024) = 153.0345.

Times Guaranty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.316 94.103 0.514
201409 0.064 96.780 0.101
201412 0.058 96.780 0.092
201503 0.204 97.163 0.321
201506 0.044 99.841 0.067
201509 0.069 101.753 0.104
201512 0.015 102.901 0.022
201603 0.023 102.518 0.034
201606 0.026 105.961 0.038
201609 0.499 105.961 0.721
201612 5.403 105.196 7.860
201703 0.204 105.196 0.297
201706 0.535 107.109 0.764
201709 0.514 109.021 0.722
201712 0.075 109.404 0.105
201803 0.069 109.786 0.096
201806 0.005 111.317 0.007
201809 0.367 115.142 0.488
201812 0.024 115.142 0.032
201903 1.798 118.202 2.328
201906 0.004 120.880 0.005
201909 0.616 123.175 0.765
201912 0.517 126.235 0.627
202003 0.540 124.705 0.663
202006 0.468 127.000 0.564
202009 0.550 130.118 0.647
202012 0.498 130.889 0.582
202103 5.637 131.771 6.547
202106 0.466 134.084 0.532
202109 0.473 135.847 0.533
202112 0.480 138.161 0.532
202203 -0.064 138.822 -0.071
202206 0.469 142.347 0.504
202209 0.359 144.661 0.380
202212 0.303 145.763 0.318
202303 0.858 146.865 0.894
202306 0.850 150.280 0.866
202309 0.860 151.492 0.869
202312 0.894 152.924 0.895
202403 0.887 153.035 0.887

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.


Times Guaranty  (BOM:511559) 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.


Times Guaranty Cyclically Adjusted PS Ratio Related Terms

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


Times Guaranty (BOM:511559) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Times Tower, 5th Floor, Kamala Mills Compound, Lower Parel, Mumbai, MH, IND, 400013
Times Guaranty Ltd is a non-deposit accepting non-banking financial company that is engaged in the business of providing financial services. The company is involved in investing and financing activities. The group operates in India.

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