GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ajcon Global Services Ltd (BOM:511692) » Definitions » Cyclically Adjusted PS Ratio

Ajcon Global Services (BOM:511692) Cyclically Adjusted PS Ratio : 1.02 (As of Sep. 21, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Ajcon Global Services Cyclically Adjusted PS Ratio?

As of today (2024-09-21), Ajcon Global Services's current share price is ₹40.26. Ajcon Global Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₹39.28. Ajcon Global Services's Cyclically Adjusted PS Ratio for today is 1.02.

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

BOM:511692' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.92   Max: 1.6
Current: 1.01

During the past years, Ajcon Global Services's highest Cyclically Adjusted PS Ratio was 1.60. The lowest was 0.50. And the median was 0.92.

BOM:511692's Cyclically Adjusted PS Ratio is ranked better than
80.11% of 568 companies
in the Capital Markets industry
Industry Median: 3.55 vs BOM:511692: 1.01

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.

Ajcon Global Services's adjusted revenue per share data for the three months ended in Jun. 2024 was ₹6.100. 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 ₹39.28 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ajcon Global Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ajcon Global 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.

Ajcon Global Services Cyclically Adjusted PS Ratio Chart

Ajcon Global Services 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 - 0.78 1.19 0.73 0.90

Ajcon Global Services Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.84 0.75 1.02 0.90 0.84

Competitive Comparison of Ajcon Global Services's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Ajcon Global 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.


Ajcon Global Services's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Ajcon Global 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.

Ajcon Global Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.26/39.28
=1.02

* 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.

Ajcon Global Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Ajcon Global Services's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=6.1/155.7889*155.7889
=6.100

Current CPI (Jun. 2024) = 155.7889.

Ajcon Global Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 3.222 96.780 5.187
201412 3.343 96.780 5.381
201503 4.370 97.163 7.007
201506 3.323 99.841 5.185
201509 3.084 101.753 4.722
201512 3.185 102.901 4.822
201603 3.447 102.518 5.238
201606 3.673 105.961 5.400
201609 2.976 105.961 4.375
201612 3.614 105.196 5.352
201703 3.772 105.196 5.586
201706 2.998 107.109 4.361
201709 3.340 109.021 4.773
201712 4.392 109.404 6.254
201803 2.889 109.786 4.100
201806 3.299 111.317 4.617
201809 10.391 115.142 14.059
201812 10.014 115.142 13.549
201903 20.213 118.202 26.640
201906 5.363 120.880 6.912
201909 12.845 123.175 16.246
201912 7.419 126.235 9.156
202003 17.582 124.705 21.964
202006 6.000 127.000 7.360
202009 41.821 130.118 50.072
202012 15.832 130.889 18.844
202103 10.993 131.771 12.997
202106 5.851 134.084 6.798
202109 7.516 135.847 8.619
202112 15.584 138.161 17.572
202203 35.305 138.822 39.620
202206 3.108 142.347 3.401
202209 3.665 144.661 3.947
202212 2.310 145.763 2.469
202303 3.880 146.865 4.116
202306 4.460 150.280 4.623
202309 4.411 151.492 4.536
202312 5.598 152.924 5.703
202403 5.022 153.035 5.112
202406 6.100 155.789 6.100

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.


Ajcon Global Services  (BOM:511692) 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.


Ajcon Global Services Cyclically Adjusted PS Ratio Related Terms

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


Ajcon Global Services Business Description

Traded in Other Exchanges
N/A
Address
Western Express Highway, 408, A-Wing, Express Zone, Near Patels, Goregaon (East), Mumbai, MH, IND, 400063
Ajcon Global Services Ltd is an India based company engages in the provision of financial services. Its services include equity broking, commodity broking, depository services, commodity broking, corporate advisory services, equity research, loan syndication, turnkey projects, corporate advisory services, investment banking and merchant banking. The company generates revenue from stock market operations, consultancy and advisory services, and facility fees.

Ajcon Global Services Headlines

No Headlines