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Kovai Medical Center & Hospital (BOM:523323) Cyclically Adjusted PS Ratio : 5.36 (As of Jun. 25, 2024)


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What is Kovai Medical Center & Hospital Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Kovai Medical Center & Hospital's current share price is ₹4228.05. Kovai Medical Center & Hospital's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹788.53. Kovai Medical Center & Hospital's Cyclically Adjusted PS Ratio for today is 5.36.

The historical rank and industry rank for Kovai Medical Center & Hospital's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:523323' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.59   Max: 5.5
Current: 5.34

During the past 13 years, Kovai Medical Center & Hospital's highest Cyclically Adjusted PS Ratio was 5.50. The lowest was 1.19. And the median was 2.59.

BOM:523323's Cyclically Adjusted PS Ratio is ranked worse than
88.12% of 345 companies
in the Healthcare Providers & Services industry
Industry Median: 1.19 vs BOM:523323: 5.34

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.

Kovai Medical Center & Hospital's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹1,113.288. 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 ₹788.53 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kovai Medical Center & Hospital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kovai Medical Center & Hospital'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.

Kovai Medical Center & Hospital Cyclically Adjusted PS Ratio Chart

Kovai Medical Center & Hospital 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 1.41 2.04 2.59 2.63 4.75

Kovai Medical Center & Hospital 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 2.63 - - - 4.75

Competitive Comparison of Kovai Medical Center & Hospital's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Kovai Medical Center & Hospital'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.


Kovai Medical Center & Hospital's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kovai Medical Center & Hospital's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kovai Medical Center & Hospital's Cyclically Adjusted PS Ratio falls into.



Kovai Medical Center & Hospital 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.

Kovai Medical Center & Hospital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4228.05/788.53
=5.36

* 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.

Kovai Medical Center & Hospital's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Kovai Medical Center & Hospital'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)
=1113.288/153.0345*153.0345
=1,113.288

Current CPI (Mar24) = 153.0345.

Kovai Medical Center & Hospital Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 367.045 97.163 578.107
201603 425.240 102.518 634.778
201703 483.771 105.196 703.769
201803 535.106 109.786 745.900
201903 570.782 118.202 738.983
202003 636.307 124.705 780.858
202103 610.065 131.771 708.512
202203 826.462 138.822 911.076
202303 930.873 146.865 969.980
202403 1,113.288 153.035 1,113.288

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.


Kovai Medical Center & Hospital  (BOM:523323) 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.


Kovai Medical Center & Hospital Cyclically Adjusted PS Ratio Related Terms

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


Kovai Medical Center & Hospital (BOM:523323) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Avanashi Road, Post Box No. 3209, Coimbatore, TN, IND, 641 014
Kovai Medical Center & Hospital Ltd provides hospital services to inpatients and outpatients. The company's operating segments include Healthcare Services and Education Services. It generates maximum revenue from the Healthcare segment. The company operates various medical facilities, which provide services related to critical care medicine, dermatology, emergency, Endocrinology and Diabetology, fertility and reproductive medicine, gastroenterology, neonatology, nephrology, neurology, obstetrics and gynecology, pediatric surgery, pulmonology, psychological medicine, and rheumatology, as well as health check programs and pediatrics.

Kovai Medical Center & Hospital (BOM:523323) Headlines

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