GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Muthoot Capital Services Ltd (BOM:511766) » Definitions » Cyclically Adjusted PS Ratio

Muthoot Capital Services (BOM:511766) Cyclically Adjusted PS Ratio : 0.99 (As of Jun. 20, 2024)


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

What is Muthoot Capital Services Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Muthoot Capital Services's current share price is ₹312.95. Muthoot Capital Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹315.22. Muthoot Capital Services's Cyclically Adjusted PS Ratio for today is 0.99.

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

BOM:511766' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.11   Max: 1.89
Current: 1

During the past years, Muthoot Capital Services's highest Cyclically Adjusted PS Ratio was 1.89. The lowest was 0.60. And the median was 1.11.

BOM:511766's Cyclically Adjusted PS Ratio is ranked better than
79.64% of 393 companies
in the Credit Services industry
Industry Median: 2.99 vs BOM:511766: 1.00

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.

Muthoot Capital Services's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹59.063. 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 ₹315.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Muthoot Capital Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Muthoot Capital 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.

Muthoot Capital Services Cyclically Adjusted PS Ratio Chart

Muthoot Capital 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 - 1.52 0.97 0.86 0.85

Muthoot Capital Services 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 0.86 1.25 1.41 1.19 0.85

Competitive Comparison of Muthoot Capital Services's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Muthoot Capital 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.


Muthoot Capital Services's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

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



Muthoot Capital 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.

Muthoot Capital Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=312.95/315.22
=0.99

* 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.

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

For example, Muthoot Capital Services'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)
=59.063/153.0345*153.0345
=59.063

Current CPI (Mar. 2024) = 153.0345.

Muthoot Capital Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 32.876 94.103 53.465
201409 34.055 96.780 53.850
201412 34.385 96.780 54.371
201503 36.374 97.163 57.290
201506 36.654 99.841 56.183
201509 41.062 101.753 61.756
201512 42.162 102.901 62.703
201603 46.205 102.518 68.973
201606 46.740 105.961 67.504
201609 50.980 105.961 73.628
201612 50.929 105.196 74.089
201703 58.245 105.196 84.732
201706 57.867 107.109 82.679
201709 68.944 109.021 96.777
201712 69.445 109.404 97.140
201803 72.115 109.786 100.523
201806 69.302 111.317 95.274
201809 80.160 115.142 106.540
201812 82.125 115.142 109.152
201903 83.214 118.202 107.736
201906 87.489 120.880 110.762
201909 88.050 123.175 109.395
201912 91.520 126.235 110.949
202003 86.972 124.705 106.730
202006 79.703 127.000 96.042
202009 87.296 130.118 102.671
202012 73.089 130.889 85.455
202103 60.085 131.771 69.781
202106 59.390 134.084 67.784
202109 60.002 135.847 67.594
202112 56.145 138.161 62.189
202203 66.433 138.822 73.234
202206 64.879 142.347 69.750
202209 66.055 144.661 69.878
202212 67.862 145.763 71.247
202303 68.768 146.865 71.657
202306 64.519 150.280 65.702
202309 59.110 151.492 59.712
202312 58.170 152.924 58.212
202403 59.063 153.035 59.063

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.


Muthoot Capital Services  (BOM:511766) 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.


Muthoot Capital Services Cyclically Adjusted PS Ratio Related Terms

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


Muthoot Capital Services (BOM:511766) Business Description

Traded in Other Exchanges
Address
M.G. Road, 3rd Floor, Muthoot Towers, Ernakulam, Kochi, KL, IND, 682 035
Muthoot Capital Services Ltd is an Indian non-banking finance company (NBFC). It offers fund-based financial services to retail, corporate and institutional customers. The portfolio of the company's commercial finance products is predominantly two-wheeler loans, public deposits, and business loans. It is engaged in the business of financing for the purchase of automobiles, mainly two-wheelers against hypothecation of the respective vehicles, corporate loans and granting of business and personal loans against Security of receivables and demand promissory notes. The company also engaged in the business of buying loan portfolios from other NBFCs financing the two-wheelers /small business/microfinance segment. All of the company's revenue is earned from India.

Muthoot Capital Services (BOM:511766) Headlines

No Headlines