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Daulat Securities (BOM:530171) Cyclically Adjusted PS Ratio : 23.13 (As of Jun. 01, 2024)


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What is Daulat Securities Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Daulat Securities's current share price is ₹43.72. Daulat Securities's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹1.89. Daulat Securities's Cyclically Adjusted PS Ratio for today is 23.13.

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

BOM:530171' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.76   Med: 17.57   Max: 46
Current: 21.74

During the past years, Daulat Securities's highest Cyclically Adjusted PS Ratio was 46.00. The lowest was 5.76. And the median was 17.57.

BOM:530171's Cyclically Adjusted PS Ratio is ranked worse than
92.27% of 569 companies
in the Capital Markets industry
Industry Median: 3.2 vs BOM:530171: 21.74

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.

Daulat Securities's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹4.061. 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 ₹1.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daulat Securities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Daulat Securities'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.

Daulat Securities Cyclically Adjusted PS Ratio Chart

Daulat Securities 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 - - 10.57 33.23 16.96

Daulat Securities 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 18.26 16.96 16.92 13.90 13.81

Competitive Comparison of Daulat Securities's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Daulat Securities'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.


Daulat Securities's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Daulat Securities 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.

Daulat Securities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.72/1.89
=23.13

* 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.

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

For example, Daulat Securities'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)
=4.061/152.9243*152.9243
=4.061

Current CPI (Dec. 2023) = 152.9243.

Daulat Securities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 -0.280 91.425 -0.468
201406 0.120 94.103 0.195
201409 0.120 96.780 0.190
201412 0.100 96.780 0.158
201503 -0.120 97.163 -0.189
201506 0.140 99.841 0.214
201509 0.120 101.753 0.180
201512 -0.100 102.901 -0.149
201603 0.110 102.518 0.164
201606 0.500 105.961 0.722
201609 0.200 105.961 0.289
201612 0.200 105.196 0.291
201703 -0.337 105.196 -0.490
201706 0.700 107.109 0.999
201709 0.200 109.021 0.281
201712 0.500 109.404 0.699
201803 -0.680 109.786 -0.947
201806 -0.200 111.317 -0.275
201809 -1.000 115.142 -1.328
201812 -0.220 115.142 -0.292
201903 1.535 118.202 1.986
201906 -0.693 120.880 -0.877
201909 -0.408 123.175 -0.507
201912 0.047 126.235 0.057
202003 -0.967 124.705 -1.186
202006 1.117 127.000 1.345
202009 0.526 130.118 0.618
202012 1.298 130.889 1.517
202103 0.604 131.771 0.701
202106 3.951 134.084 4.506
202109 2.506 135.847 2.821
202112 0.536 138.161 0.593
202203 -2.708 138.822 -2.983
202206 0.928 142.347 0.997
202209 1.918 144.661 2.028
202212 1.515 145.763 1.589
202303 -2.338 146.865 -2.434
202306 1.708 150.280 1.738
202309 2.028 151.492 2.047
202312 4.061 152.924 4.061

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.


Daulat Securities  (BOM:530171) 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.


Daulat Securities Cyclically Adjusted PS Ratio Related Terms

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


Daulat Securities (BOM:530171) Business Description

Traded in Other Exchanges
N/A
Address
86, Canning Street, 3rd Floor, Kolkata, WB, IND, 700001
Daulat Securities Ltd is engaged in stock broking operations and Depository Participants.. It deals in the buying, selling, trading, transferring and inter-mediation of financial instruments.

Daulat Securities (BOM:530171) Headlines

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