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Twentyfirst Century Management Services (BOM:526921) Cyclically Adjusted PS Ratio : 7.31 (As of Jun. 24, 2024)


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What is Twentyfirst Century Management Services Cyclically Adjusted PS Ratio?

As of today (2024-06-24), Twentyfirst Century Management Services's current share price is ₹62.57. Twentyfirst Century Management Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹8.56. Twentyfirst Century Management Services's Cyclically Adjusted PS Ratio for today is 7.31.

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

BOM:526921' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 4.13   Max: 7.88
Current: 7.31

During the past years, Twentyfirst Century Management Services's highest Cyclically Adjusted PS Ratio was 7.88. The lowest was 0.74. And the median was 4.13.

BOM:526921's Cyclically Adjusted PS Ratio is ranked worse than
72.8% of 603 companies
in the Capital Markets industry
Industry Median: 3.1 vs BOM:526921: 7.31

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.

Twentyfirst Century Management Services's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹17.304. 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 ₹8.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Twentyfirst Century Management Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Twentyfirst Century Management 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.

Twentyfirst Century Management Services Cyclically Adjusted PS Ratio Chart

Twentyfirst Century Management 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 - - 4.89 4.25 5.02

Twentyfirst Century Management 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 4.25 4.70 3.32 4.84 5.02

Competitive Comparison of Twentyfirst Century Management Services's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Twentyfirst Century Management 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.


Twentyfirst Century Management Services's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Twentyfirst Century Management Services's Cyclically Adjusted PS Ratio falls into.



Twentyfirst Century Management 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.

Twentyfirst Century Management Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=62.57/8.56
=7.31

* 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.

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

For example, Twentyfirst Century Management 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)
=17.304/153.0345*153.0345
=17.304

Current CPI (Mar. 2024) = 153.0345.

Twentyfirst Century Management Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.373 94.103 8.738
201409 8.858 96.780 14.007
201412 4.167 96.780 6.589
201503 13.961 97.163 21.989
201506 7.603 99.841 11.654
201509 -2.820 101.753 -4.241
201512 16.263 102.901 24.186
201603 -27.118 102.518 -40.480
201606 1.698 105.961 2.452
201609 9.365 105.961 13.525
201612 -10.029 105.196 -14.590
201703 5.727 105.196 8.331
201706 6.184 107.109 8.836
201709 7.597 109.021 10.664
201712 12.724 109.404 17.798
201803 -13.070 109.786 -18.219
201806 7.326 111.317 10.072
201809 -11.036 115.142 -14.668
201812 -6.383 115.142 -8.484
201903 7.756 118.202 10.042
201906 -4.881 120.880 -6.179
201909 1.261 123.175 1.567
201912 -1.636 126.235 -1.983
202003 -24.035 124.705 -29.495
202006 0.299 127.000 0.360
202009 -0.061 130.118 -0.072
202012 6.064 130.889 7.090
202103 0.660 131.771 0.767
202106 76.876 134.084 87.741
202109 183.416 135.847 206.622
202112 -4.205 138.161 -4.658
202203 -246.625 138.822 -271.875
202206 -3.728 142.347 -4.008
202209 -1.242 144.661 -1.314
202212 -3.425 145.763 -3.596
202303 -0.331 146.865 -0.345
202306 0.957 150.280 0.975
202309 2.654 151.492 2.681
202312 15.789 152.924 15.800
202403 17.304 153.035 17.304

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.


Twentyfirst Century Management Services  (BOM:526921) 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.


Twentyfirst Century Management Services Cyclically Adjusted PS Ratio Related Terms

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


Twentyfirst Century Management Services (BOM:526921) Business Description

Traded in Other Exchanges
Address
Zakaria Bunder Road, 1st Flooor, 2B, Grease House, Sewree (West), Mumbai, MH, IND, 400015
Twentyfirst Century Management Services Ltd is engaged in the capital markets business sector. The company is engaged in investments and trading in Capital Market and Futures & Options segment. It invests in shares and trades in shares and derivatives. The company has one business segment which is Capital Market Operations. It operates its business in the Indian market.

Twentyfirst Century Management Services (BOM:526921) Headlines

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