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Safal Securities (BOM:531448) Cyclically Adjusted PS Ratio : (As of Jun. 25, 2024)


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What is Safal Securities Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Safal Securities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Safal 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.

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Safal Securities Cyclically Adjusted PS Ratio Chart

Safal Securities Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cyclically Adjusted PS Ratio
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Safal Securities Semi-Annual Data
Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
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Competitive Comparison of Safal Securities's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Safal 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.


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

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

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



Safal 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.

Safal Securities's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar20 is calculated as:

For example, Safal Securities's adjusted Revenue per Share data for the fiscal year that ended in Mar20 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar20 (Change)*Current CPI (Mar20)
=0/124.7051*124.7051
=0.000

Current CPI (Mar20) = 124.7051.

Safal Securities Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201103 10.766 70.768 18.971
201203 3.363 76.889 5.454
201303 2.765 85.687 4.024
201403 2.305 91.425 3.144
201503 2.762 97.163 3.545
201603 3.542 102.518 4.309
201703 1.187 105.196 1.407
201803 0.073 109.786 0.083
201903 0.000 118.202 0.000
202003 0.000 124.705 0.000

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.


Safal Securities  (BOM:531448) 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.


Safal Securities Cyclically Adjusted PS Ratio Related Terms

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Safal Securities (BOM:531448) Business Description

Traded in Other Exchanges
N/A
Address
9, Ankur Complex, Behind Town Hall, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Safal Securities Ltd is an Indian based financial service company. The company offers security trading services and related activities.

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