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Mindteck (India) (BOM:517344) Cyclically Adjusted PS Ratio : 2.03 (As of Jun. 04, 2025)


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What is Mindteck (India) Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Mindteck (India)'s current share price is ₹247.45. Mindteck (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹121.85. Mindteck (India)'s Cyclically Adjusted PS Ratio for today is 2.03.

The historical rank and industry rank for Mindteck (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:517344' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.87   Max: 2.81
Current: 2.04

During the past years, Mindteck (India)'s highest Cyclically Adjusted PS Ratio was 2.81. The lowest was 0.18. And the median was 0.87.

BOM:517344's Cyclically Adjusted PS Ratio is ranked better than
51.64% of 1373 companies
in the Software industry
Industry Median: 2.12 vs BOM:517344: 2.04

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.

Mindteck (India)'s adjusted revenue per share data for the three months ended in Mar. 2025 was ₹32.451. 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 ₹121.85 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mindteck (India) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mindteck (India)'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.

Mindteck (India) Cyclically Adjusted PS Ratio Chart

Mindteck (India) 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 0.25 0.85 0.66 1.31 1.37

Mindteck (India) 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 1.31 1.98 2.40 2.40 1.37

Competitive Comparison of Mindteck (India)'s Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Mindteck (India)'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.


Mindteck (India)'s Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Mindteck (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mindteck (India)'s Cyclically Adjusted PS Ratio falls into.


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Mindteck (India) 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.

Mindteck (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=247.45/121.85
=2.03

* 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.

Mindteck (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Mindteck (India)'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)
=32.451/157.5517*157.5517
=32.451

Current CPI (Mar. 2025) = 157.5517.

Mindteck (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 25.400 99.841 40.082
201509 25.036 101.753 38.765
201512 23.771 102.901 36.396
201603 23.914 102.518 36.751
201606 24.661 105.961 36.668
201609 27.923 105.961 41.518
201612 28.563 105.196 42.779
201703 26.990 105.196 40.423
201706 24.017 107.109 35.328
201709 22.129 109.021 31.980
201712 22.654 109.404 32.624
201803 23.017 109.786 33.031
201806 23.853 111.317 33.760
201809 23.298 115.142 31.879
201812 21.949 115.142 30.033
201903 19.593 118.202 26.116
201906 20.366 120.880 26.545
201909 21.428 123.175 27.408
201912 21.842 126.235 27.261
202003 20.907 124.705 26.414
202006 21.367 127.000 26.507
202009 22.596 130.118 27.360
202012 22.468 130.889 27.045
202103 22.621 131.771 27.047
202106 22.799 134.084 26.789
202109 22.739 135.847 26.372
202112 23.414 138.161 26.700
202203 22.691 138.822 25.752
202206 25.140 142.347 27.825
202209 26.021 144.661 28.340
202212 25.683 145.763 27.760
202303 27.953 146.865 29.987
202306 29.387 150.280 30.809
202309 10.890 151.492 11.326
202312 30.230 152.924 31.145
202403 30.117 153.035 31.006
202406 33.767 155.789 34.149
202409 12.168 157.882 12.143
202412 32.400 158.323 32.242
202503 32.451 157.552 32.451

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.


Mindteck (India)  (BOM:517344) 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.


Mindteck (India) Cyclically Adjusted PS Ratio Related Terms

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Mindteck (India) Business Description

Traded in Other Exchanges
Address
Hosur Main Road, No. 664, 23/24, AMR Tech Park, Block-1, 3rd Floor, Bommanahalli, Bengaluru, KA, IND, 560068
Mindteck (India) Ltd provides product engineering and information technology services to clients, startups, universities, and the government. Its operations include providing software services to external customers and providing IT-enabled services to subsidiaries within the group. The company's core offerings are Product Engineering, Application Software, Electronic Design, Testing, IT Infrastructure & Managed Services, R&D Services, Energy Management Software Solutions, and Enterprise Business Services. Geographically, the group has a business presence in the United States, India, and other countries, of which key revenue is derived from the United States.

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