GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Velan Hotels Ltd (BOM:526755) » Definitions » Cyclically Adjusted PS Ratio

Velan Hotels (BOM:526755) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Velan Hotels Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Velan Hotels Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Velan Hotels'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.

Velan Hotels Cyclically Adjusted PS Ratio Chart

Velan Hotels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Velan Hotels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Velan Hotels's Cyclically Adjusted PS Ratio

For the Lodging subindustry, Velan Hotels'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.


Velan Hotels's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Velan Hotels's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Velan Hotels's Cyclically Adjusted PS Ratio falls into.



Velan Hotels 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.

Velan Hotels's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Velan Hotels's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Velan Hotels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.103 91.425 1.845
201406 1.141 94.103 1.854
201409 1.158 96.780 1.830
201412 1.274 96.780 2.013
201503 0.510 97.163 0.803
201506 1.065 99.841 1.631
201509 1.139 101.753 1.712
201512 1.022 102.901 1.519
201603 0.846 102.518 1.262
201606 0.958 105.961 1.383
201609 0.965 105.961 1.393
201612 0.854 105.196 1.241
201703 0.823 105.196 1.196
201706 0.641 107.109 0.915
201709 0.626 109.021 0.878
201712 0.657 109.404 0.918
201803 0.620 109.786 0.864
201806 0.579 111.317 0.795
201809 0.569 115.142 0.756
201812 0.433 115.142 0.575
201903 0.401 118.202 0.519
201906 0.311 120.880 0.393
201909 0.364 123.175 0.452
201912 0.263 126.235 0.319
202003 0.087 124.705 0.107
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 0.013 131.771 0.015
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.000 138.822 0.000
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000

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.


Velan Hotels  (BOM:526755) 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.


Velan Hotels Cyclically Adjusted PS Ratio Related Terms

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


Velan Hotels (BOM:526755) Business Description

Traded in Other Exchanges
N/A
Address
41 Kangayam Road, Tirupur, TN, IND, 641604
Velan Hotels Ltd is in the business of providing Hospitality Services including running restaurants with a bar.

Velan Hotels (BOM:526755) Headlines

No Headlines