GURUFOCUS.COM » STOCK LIST » Technology » Software » Melstar Information Technologies Ltd (BOM:532307) » Definitions » Cyclically Adjusted PS Ratio

Melstar Information Technologies (BOM:532307) Cyclically Adjusted PS Ratio : (As of Sep. 25, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Melstar Information Technologies Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Melstar Information Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Melstar Information Technologies'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.

Melstar Information Technologies Cyclically Adjusted PS Ratio Chart

Melstar Information Technologies 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 - - - - -

Melstar Information Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Melstar Information Technologies's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Melstar Information Technologies'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.


Melstar Information Technologies's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Melstar Information Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Melstar Information Technologies's Cyclically Adjusted PS Ratio falls into.



Melstar Information Technologies 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.

Melstar Information Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Melstar Information Technologies's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0/155.7889*155.7889
=0.000

Current CPI (Jun. 2024) = 155.7889.

Melstar Information Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 748.122 75.359 1,546.593
201203 653.867 76.889 1,324.840
201212 149.728 83.774 278.438
201303 190.517 85.687 346.382
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201606 236.412 105.961 347.584
201609 232.777 105.961 342.239
201612 174.902 105.196 259.019
201703 87.479 105.196 129.551
201706 30.884 107.109 44.921
201709 30.199 109.021 43.154
201712 27.869 109.404 39.685
201803 27.783 109.786 39.425
201806 30.336 111.317 42.456
201809 30.413 115.142 41.149
201812 28.417 115.142 38.449
201903 30.750 118.202 40.528
201906 77.681 120.880 100.115
201909 106.074 123.175 134.160
201912 118.050 126.235 145.687
202003 91.651 124.705 114.496
202006 23.252 127.000 28.523
202009 21.470 130.118 25.706
202012 18.975 130.889 22.585
202103 -22.452 131.771 -26.544
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.000 138.822 0.000
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000
202403 0.000 153.035 0.000
202406 0.000 155.789 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.


Melstar Information Technologies  (BOM:532307) 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.


Melstar Information Technologies Cyclically Adjusted PS Ratio Related Terms

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


Melstar Information Technologies Business Description

Traded in Other Exchanges
Address
159, 5th Floor, Industry House, Reclamation, Churchgate, Mumbai, MH, IND, 400020
Melstar Information Technologies Ltd is a software service company. It is an Information Technology (IT) solution provider to the banking, insurance, government, and IT sectors. The company provides services such as application services, application development, application management, enterprise application services, Business Practices, and Technology practices.

Melstar Information Technologies Headlines

No Headlines