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Ashtasidhhi Industries (BOM:531341) Cyclically Adjusted PS Ratio : 12.58 (As of Jun. 23, 2024)


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What is Ashtasidhhi Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Ashtasidhhi Industries's current share price is ₹11.70. Ashtasidhhi Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹0.93. Ashtasidhhi Industries's Cyclically Adjusted PS Ratio for today is 12.58.

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

BOM:531341' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 2.25   Max: 13.98
Current: 12.6

During the past years, Ashtasidhhi Industries's highest Cyclically Adjusted PS Ratio was 13.98. The lowest was 0.36. And the median was 2.25.

BOM:531341's Cyclically Adjusted PS Ratio is ranked worse than
83.72% of 393 companies
in the Credit Services industry
Industry Median: 2.99 vs BOM:531341: 12.60

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.

Ashtasidhhi Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹0.746. 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 ₹0.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashtasidhhi Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ashtasidhhi Industries'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.

Ashtasidhhi Industries Cyclically Adjusted PS Ratio Chart

Ashtasidhhi Industries 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 - 1.00 1.40 3.92 13.56

Ashtasidhhi Industries 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 3.92 9.80 7.84 8.32 13.56

Competitive Comparison of Ashtasidhhi Industries's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Ashtasidhhi Industries'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.


Ashtasidhhi Industries's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ashtasidhhi Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ashtasidhhi Industries 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.

Ashtasidhhi Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.70/0.93
=12.58

* 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.

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

For example, Ashtasidhhi Industries'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)
=0.746/153.0345*153.0345
=0.746

Current CPI (Mar. 2024) = 153.0345.

Ashtasidhhi Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.663 94.103 5.957
201409 4.574 96.780 7.233
201412 4.625 96.780 7.313
201503 -10.103 97.163 -15.913
201506 0.035 99.841 0.054
201509 0.104 101.753 0.156
201512 0.053 102.901 0.079
201603 0.054 102.518 0.081
201606 0.050 105.961 0.072
201609 0.052 105.961 0.075
201612 0.050 105.196 0.073
201703 0.083 105.196 0.121
201706 0.050 107.109 0.071
201709 0.048 109.021 0.067
201712 0.054 109.404 0.076
201803 0.050 109.786 0.070
201806 0.062 111.317 0.085
201809 0.064 115.142 0.085
201812 0.059 115.142 0.078
201903 0.063 118.202 0.082
201906 0.062 120.880 0.078
201909 0.020 123.175 0.025
201912 0.049 126.235 0.059
202003 0.433 124.705 0.531
202006 0.058 127.000 0.070
202009 0.056 130.118 0.066
202012 0.060 130.889 0.070
202103 0.057 131.771 0.066
202106 0.321 134.084 0.366
202109 0.015 135.847 0.017
202112 0.000 138.161 0.000
202203 0.178 138.822 0.196
202206 0.063 142.347 0.068
202209 0.063 144.661 0.067
202212 0.318 145.763 0.334
202303 0.052 146.865 0.054
202306 0.065 150.280 0.066
202309 0.128 151.492 0.129
202312 0.129 152.924 0.129
202403 0.746 153.035 0.746

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.


Ashtasidhhi Industries  (BOM:531341) 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.


Ashtasidhhi Industries Cyclically Adjusted PS Ratio Related Terms

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


Ashtasidhhi Industries (BOM:531341) Business Description

Traded in Other Exchanges
N/A
Address
252, New Cloth Market, Opposite Raipur Gate, Ahmedabad, GJ, IND, 380002
Ashtasidhhi Industries Ltd Formerly Gujarat Investa Ltd operates as a non-banking finance company in India. It is engaged in the finance, investment, and leasing businesses, as well as the hire or acquisition of immovable or movable property. It has primary segments for revenue generation in finance. The company generates revenue from Interest income, Dividends received and the sale of Investments.

Ashtasidhhi Industries (BOM:531341) Headlines

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