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MPS (BOM:532440) Cyclically Adjusted PS Ratio : 8.11 (As of Jun. 19, 2024)


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What is MPS Cyclically Adjusted PS Ratio?

As of today (2024-06-19), MPS's current share price is ₹2033.40. MPS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹250.63. MPS's Cyclically Adjusted PS Ratio for today is 8.11.

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

BOM:532440' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.59   Med: 4.68   Max: 8.18
Current: 8.18

During the past years, MPS's highest Cyclically Adjusted PS Ratio was 8.18. The lowest was 2.59. And the median was 4.68.

BOM:532440's Cyclically Adjusted PS Ratio is ranked worse than
96.51% of 716 companies
in the Media - Diversified industry
Industry Median: 0.89 vs BOM:532440: 8.18

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.

MPS's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹87.349. 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 ₹250.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MPS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MPS'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.

MPS Cyclically Adjusted PS Ratio Chart

MPS 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 - - 2.89 4.67 6.11

MPS 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 4.67 4.43 6.30 6.88 6.11

Competitive Comparison of MPS's Cyclically Adjusted PS Ratio

For the Publishing subindustry, MPS'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.


MPS's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MPS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MPS 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.

MPS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2033.40/250.63
=8.11

* 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.

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

For example, MPS'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)
=87.349/153.0345*153.0345
=87.349

Current CPI (Mar. 2024) = 153.0345.

MPS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 29.827 94.103 48.506
201409 33.003 96.780 52.186
201412 37.565 96.780 59.400
201503 32.160 97.163 50.653
201506 32.441 99.841 49.725
201509 33.709 101.753 50.698
201512 37.044 102.901 55.092
201603 34.984 102.518 52.222
201606 33.221 105.961 47.979
201609 40.349 105.961 58.274
201612 42.979 105.196 62.524
201703 38.440 105.196 55.921
201706 35.919 107.109 51.320
201709 36.874 109.021 51.760
201712 36.453 109.404 50.991
201803 34.139 109.786 47.587
201806 38.757 111.317 53.282
201809 53.985 115.142 71.751
201812 53.445 115.142 71.033
201903 48.546 118.202 62.852
201906 44.914 120.880 56.861
201909 47.374 123.175 58.858
201912 44.899 126.235 54.431
202003 40.948 124.705 50.250
202006 43.894 127.000 52.892
202009 59.297 130.118 69.740
202012 64.225 130.889 75.091
202103 63.253 131.771 73.460
202106 64.896 134.084 74.068
202109 61.058 135.847 68.783
202112 62.097 138.161 68.782
202203 60.974 138.822 67.217
202206 67.164 142.347 72.207
202209 74.026 144.661 78.311
202212 77.221 145.763 81.073
202303 74.512 146.865 77.642
202306 78.020 150.280 79.450
202309 76.370 151.492 77.148
202312 78.902 152.924 78.959
202403 87.349 153.035 87.349

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.


MPS  (BOM:532440) 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.


MPS Cyclically Adjusted PS Ratio Related Terms

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


MPS (BOM:532440) Business Description

Traded in Other Exchanges
Address
A-1, Tower-A, 4th Floor, Windsor IT Park, Sector 125, Noida, UP, IND, 201303
MPS Ltd is an India based company engaged in the business of offering platforms and publishing solutions. The operating segments of the group are Content solutions, eLearning solutions and Platform solutions. It derives a majority of the revenue from the Content solutions segment which involves creating and developing content for print and digital delivery. It includes content authoring/development, content production, content transformation, fulfilment and customer support services. Geographically, the group has a business presence in India, USA Europe and other countries. The company's platforms include DigiCore, MPSTrak, THINK360, ScholarStor and others.

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