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Swarna Securities (BOM:531003) Cyclically Adjusted PS Ratio : 19.32 (As of Jun. 19, 2024)


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What is Swarna Securities Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Swarna Securities's current share price is ₹53.53. Swarna Securities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹2.77. Swarna Securities's Cyclically Adjusted PS Ratio for today is 19.32.

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

BOM:531003' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.02   Med: 5.74   Max: 55.03
Current: 19.3

During the past years, Swarna Securities's highest Cyclically Adjusted PS Ratio was 55.03. The lowest was 5.02. And the median was 5.74.

BOM:531003's Cyclically Adjusted PS Ratio is ranked worse than
99.33% of 1196 companies
in the Banks industry
Industry Median: 2.325 vs BOM:531003: 19.30

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.

Swarna Securities's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹-0.033. 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 ₹2.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swarna Securities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Swarna 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.

Swarna Securities Cyclically Adjusted PS Ratio Chart

Swarna Securities 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 - 5.01 5.68 15.62 20.97

Swarna Securities 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 15.62 - - 13.53 20.97

Competitive Comparison of Swarna Securities's Cyclically Adjusted PS Ratio

For the Mortgage Finance subindustry, Swarna 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.


Swarna Securities's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Swarna 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.53/2.77
=19.32

* 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.

Swarna Securities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Swarna Securities'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)
=-0.033/153.0345*153.0345
=-0.033

Current CPI (Mar. 2024) = 153.0345.

Swarna Securities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.198 94.103 0.322
201409 0.373 96.780 0.590
201412 0.246 96.780 0.389
201503 0.125 97.163 0.197
201506 0.052 99.841 0.080
201509 0.054 101.753 0.081
201512 0.065 102.901 0.097
201603 1.409 102.518 2.103
201606 0.046 105.961 0.066
201609 0.051 105.961 0.074
201612 0.000 105.196 0.000
201703 0.036 105.196 0.052
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.647 109.786 0.902
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 1.720 118.202 2.227
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 3.194 124.705 3.920
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 3.504 131.771 4.069
202106 0.000 134.084 0.000
202109 0.032 135.847 0.036
202112 0.033 138.161 0.037
202203 0.010 138.822 0.011
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.034 145.763 0.036
202303 -0.033 146.865 -0.034
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.033 152.924 0.033
202403 -0.033 153.035 -0.033

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.


Swarna Securities  (BOM:531003) 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.


Swarna Securities Cyclically Adjusted PS Ratio Related Terms

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


Swarna Securities (BOM:531003) Business Description

Traded in Other Exchanges
N/A
Address
Eluru Road, No. 27-1-102, 2nd Floor, Swarnalok Complex, Governorpet, Vijayawada, IND, 520002
Swarna Securities Ltd is engaged in the finance business in India. The Company has only been collecting the outstanding dues from its borrowers. Therefore, there is no business in the Company, has some non-operating income in the form of rent/lease and dividend.

Swarna Securities (BOM:531003) Headlines

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