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Indergiri Finance (BOM:531505) Cyclically Adjusted PS Ratio : 33.46 (As of Jun. 07, 2024)


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What is Indergiri Finance Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Indergiri Finance's current share price is ₹53.20. Indergiri Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹1.59. Indergiri Finance's Cyclically Adjusted PS Ratio for today is 33.46.

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

BOM:531505' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.63   Med: 3.46   Max: 69.35
Current: 32.66

During the past years, Indergiri Finance's highest Cyclically Adjusted PS Ratio was 69.35. The lowest was 1.63. And the median was 3.46.

BOM:531505's Cyclically Adjusted PS Ratio is ranked worse than
95.41% of 872 companies
in the Asset Management industry
Industry Median: 7.79 vs BOM:531505: 32.66

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.

Indergiri Finance's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹0.615. 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 ₹1.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indergiri Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Indergiri Finance'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.

Indergiri Finance Cyclically Adjusted PS Ratio Chart

Indergiri Finance 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 - 2.13 2.44 4.23 34.89

Indergiri Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 4.10 4.23 31.44 35.31 34.89

Competitive Comparison of Indergiri Finance's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Indergiri Finance'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.


Indergiri Finance's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Indergiri Finance's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Indergiri Finance 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.

Indergiri Finance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.20/1.59
=33.46

* 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.

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

For example, Indergiri Finance'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)
=0.615/153.0345*153.0345
=0.615

Current CPI (Mar. 2024) = 153.0345.

Indergiri Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.433 91.425 0.725
201406 0.215 94.103 0.350
201409 0.261 96.780 0.413
201412 0.217 96.780 0.343
201503 0.616 97.163 0.970
201506 0.246 99.841 0.377
201509 0.904 101.753 1.360
201512 0.567 102.901 0.843
201603 0.187 102.518 0.279
201606 0.193 105.961 0.279
201609 0.227 105.961 0.328
201612 0.238 105.196 0.346
201703 0.218 105.196 0.317
201706 0.214 107.109 0.306
201709 0.196 109.021 0.275
201712 0.227 109.404 0.318
201803 0.257 109.786 0.358
201806 0.234 111.317 0.322
201809 0.308 115.142 0.409
201812 0.189 115.142 0.251
201903 0.200 118.202 0.259
201906 0.205 120.880 0.260
201909 0.177 123.175 0.220
201912 0.194 126.235 0.235
202003 0.202 124.705 0.248
202006 0.252 127.000 0.304
202009 0.167 130.118 0.196
202012 0.192 130.889 0.224
202103 0.119 131.771 0.138
202106 0.190 134.084 0.217
202109 0.209 135.847 0.235
202112 0.182 138.161 0.202
202203 0.186 138.822 0.205
202206 0.145 142.347 0.156
202209 0.107 144.661 0.113
202212 0.808 145.763 0.848
202303 1.304 146.865 1.359
202309 0.283 151.492 0.286
202312 0.413 152.924 0.413
202403 0.615 153.035 0.615

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.


Indergiri Finance  (BOM:531505) 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.


Indergiri Finance Cyclically Adjusted PS Ratio Related Terms

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


Indergiri Finance (BOM:531505) Business Description

Traded in Other Exchanges
N/A
Address
Andheri Kurla Road, Unit No. 806, B Wing 8th Floor, Kanakia Wall Street, Chakala, Andheri East, Mumbai, MH, IND, 400093
Indergiri Finance Ltd is a non-banking finance company (NBFC). It is engaged in fund base business activities of leasing, hire purchase, lending, and investment besides non-fund based business activities like merchant banking, syndication, and arrangement of finance etc. The company operates mainly in the business segment of fund based financing activity. All activities of the business are carried out within India.

Indergiri Finance (BOM:531505) Headlines

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