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Vax Housing Finance (BOM:531650) Cyclically Adjusted PS Ratio : 2.09 (As of May. 22, 2024)


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What is Vax Housing Finance Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Vax Housing Finance's current share price is ₹2.97. Vax Housing Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 was ₹1.42. Vax Housing Finance's Cyclically Adjusted PS Ratio for today is 2.09.

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

BOM:531650's Cyclically Adjusted PS Ratio is not ranked *
in the Credit Services industry.
Industry Median: 2.905
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Vax Housing Finance's adjusted revenue per share data for the three months ended in Sep. 2022 was ₹0.009. 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 ₹1.42 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vax Housing Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vax Housing 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.

Vax Housing Finance Cyclically Adjusted PS Ratio Chart

Vax Housing Finance Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PS Ratio
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Vax Housing Finance Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - 1.34

Competitive Comparison of Vax Housing Finance's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Vax Housing 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.


Vax Housing Finance's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

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



Vax Housing 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.97/1.42
=2.09

* 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.

Vax Housing Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Vax Housing Finance's adjusted Revenue per Share data for the three months ended in Sep. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=0.009/144.6611*144.6611
=0.009

Current CPI (Sep. 2022) = 144.6611.

Vax Housing Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200903 0.205 56.615 0.524
201003 0.150 65.030 0.334
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201206 2.070 79.567 3.763
201303 0.000 85.687 0.000
201306 1.905 88.365 3.119
201403 0.000 91.425 0.000
201406 0.294 94.103 0.452
201503 0.000 97.163 0.000
201506 0.001 99.841 0.001
201509 0.611 101.753 0.869
201512 0.106 102.901 0.149
201603 0.086 102.518 0.121
201606 0.000 105.961 0.000
201609 0.008 105.961 0.011
201612 0.008 105.196 0.011
201703 0.008 105.196 0.011
201706 0.008 107.109 0.011
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.009 109.786 0.012
201806 0.000 111.317 0.000
201809 0.009 115.142 0.011
201812 0.000 115.142 0.000
201903 0.038 118.202 0.047
201906 0.011 120.880 0.013
201909 0.011 123.175 0.013
201912 0.011 126.235 0.013
202003 0.010 124.705 0.012
202006 0.000 127.000 0.000
202009 0.011 130.118 0.012
202012 0.010 130.889 0.011
202103 0.006 131.771 0.007
202106 0.000 134.084 0.000
202109 0.009 135.847 0.010
202112 0.009 138.161 0.009
202203 0.008 138.822 0.008
202206 0.000 142.347 0.000
202209 0.009 144.661 0.009

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.


Vax Housing Finance  (BOM:531650) 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.


Vax Housing Finance Cyclically Adjusted PS Ratio Related Terms

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


Vax Housing Finance (BOM:531650) Business Description

Traded in Other Exchanges
N/A
Address
301, Simandhar Estate, Near Sakar 3, Income Tax, Ahmedabad, GJ, IND, 380009
Vax Housing Finance Corp Ltd is engaged in credit services. The firm generates its revenue in the form of interest.

Vax Housing Finance (BOM:531650) Headlines

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