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Visagar Financial Services (BOM:531025) Cyclically Adjusted PS Ratio : 0.85 (As of May. 25, 2024)


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What is Visagar Financial Services Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Visagar Financial Services's current share price is ₹0.78. Visagar Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹0.92. Visagar Financial Services's Cyclically Adjusted PS Ratio for today is 0.85.

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

BOM:531025' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.25   Max: 4.08
Current: 0.84

During the past years, Visagar Financial Services's highest Cyclically Adjusted PS Ratio was 4.08. The lowest was 0.84. And the median was 1.25.

BOM:531025's Cyclically Adjusted PS Ratio is ranked better than
81.03% of 564 companies
in the Capital Markets industry
Industry Median: 3.235 vs BOM:531025: 0.84

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.

Visagar Financial Services's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.946. 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 ₹0.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Visagar Financial Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Visagar Financial 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.

Visagar Financial Services Cyclically Adjusted PS Ratio Chart

Visagar Financial Services 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 - - - 2.02 0.95

Visagar Financial Services 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 1.77 0.95 1.41 0.92 0.90

Competitive Comparison of Visagar Financial Services's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Visagar Financial 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.


Visagar Financial Services's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Visagar Financial Services's Cyclically Adjusted PS Ratio falls into.



Visagar Financial 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.

Visagar Financial Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.78/0.92
=0.85

* 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.

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

For example, Visagar Financial Services'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)
=0.946/152.9243*152.9243
=0.946

Current CPI (Dec. 2023) = 152.9243.

Visagar Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.013 91.425 0.022
201406 0.002 94.103 0.003
201409 0.014 96.780 0.022
201412 0.006 96.780 0.009
201503 0.011 97.163 0.017
201506 0.004 99.841 0.006
201509 0.008 101.753 0.012
201512 0.005 102.901 0.007
201603 0.159 102.518 0.237
201606 0.014 105.961 0.020
201609 0.020 105.961 0.029
201612 0.147 105.196 0.214
201703 0.349 105.196 0.507
201706 0.132 107.109 0.188
201709 0.051 109.021 0.072
201712 0.036 109.404 0.050
201803 0.073 109.786 0.102
201806 0.001 111.317 0.001
201809 0.013 115.142 0.017
201812 0.000 115.142 0.000
201903 0.038 118.202 0.049
201906 0.029 120.880 0.037
201909 0.013 123.175 0.016
201912 0.010 126.235 0.012
202003 0.019 124.705 0.023
202006 0.044 127.000 0.053
202009 0.042 130.118 0.049
202012 0.170 130.889 0.199
202103 3.222 131.771 3.739
202106 0.285 134.084 0.325
202109 0.265 135.847 0.298
202112 2.424 138.161 2.683
202203 -2.104 138.822 -2.318
202206 0.001 142.347 0.001
202209 0.003 144.661 0.003
202212 0.844 145.763 0.885
202303 0.347 146.865 0.361
202306 0.014 150.280 0.014
202309 0.015 151.492 0.015
202312 0.946 152.924 0.946

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.


Visagar Financial Services  (BOM:531025) 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.


Visagar Financial Services Cyclically Adjusted PS Ratio Related Terms

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


Visagar Financial Services (BOM:531025) Business Description

Traded in Other Exchanges
N/A
Address
907-908, S.V. Road, 9th Floor, Dev Plaza, Opposite Andheri Fire Station, Andheri (West), Mumbai, MH, IND, 400 058
Visagar Financial Services Ltd is a non-banking financial company. The company is primarily engaged in the business of investing in securities of listed and unlisted companies. It invests in various sectors such as Financial Services, Education, Real Estate, among others. Geographically, it operates only in India. The company generates maximum revenue from the sale of shares.

Visagar Financial Services (BOM:531025) Headlines

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