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Keynote Financial Services (BOM:512597) Cyclically Adjusted PS Ratio : 4.91 (As of Jun. 20, 2024)


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What is Keynote Financial Services Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Keynote Financial Services's current share price is ₹175.95. Keynote Financial Services's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹35.83. Keynote Financial Services's Cyclically Adjusted PS Ratio for today is 4.91.

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

BOM:512597' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.73   Max: 5.51
Current: 4.95

During the past 13 years, Keynote Financial Services's highest Cyclically Adjusted PS Ratio was 5.51. The lowest was 0.77. And the median was 1.73.

BOM:512597's Cyclically Adjusted PS Ratio is ranked worse than
63.64% of 605 companies
in the Capital Markets industry
Industry Median: 3.1 vs BOM:512597: 4.95

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.

Keynote Financial Services's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹41.056. 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 ₹35.83 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keynote Financial Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Keynote Financial 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.

Keynote Financial Services Cyclically Adjusted PS Ratio Chart

Keynote Financial 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 0.94 1.32 2.71 2.39 4.01

Keynote Financial 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 2.39 - - - 4.01

Competitive Comparison of Keynote Financial Services's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Keynote Financial 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.


Keynote Financial Services's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Keynote Financial 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.

Keynote Financial Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=175.95/35.83
=4.91

* 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.

Keynote Financial Services's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Keynote Financial Services's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=41.056/153.0345*153.0345
=41.056

Current CPI (Mar24) = 153.0345.

Keynote Financial Services Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 22.432 97.163 35.331
201603 31.870 102.518 47.574
201703 40.614 105.196 59.083
201803 31.845 109.786 44.390
201903 24.698 118.202 31.976
202003 15.949 124.705 19.572
202103 20.531 131.771 23.844
202203 31.340 138.822 34.549
202303 20.043 146.865 20.885
202403 41.056 153.035 41.056

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.


Keynote Financial Services  (BOM:512597) 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.


Keynote Financial Services Cyclically Adjusted PS Ratio Related Terms

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


Keynote Financial Services (BOM:512597) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Kasaravadi, The Ruby, 9th Floor, Dadar (West), Mumbai, MH, IND, 400028
Keynote Financial Services Ltd is engaged in the capital market business sector. Its operating segments include Corporate Finance; ESOP Advisory; Merchant Banking; and Debt advisory. The company generates maximum revenue from the Corporate Finance segment. Geographically, it generates the majority of the revenue from India.

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