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Emkay Global Financial Services (BOM:532737) Cyclically Adjusted PS Ratio : 2.18 (As of Jun. 03, 2024)


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What is Emkay Global Financial Services Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Emkay Global Financial Services's current share price is ₹158.00. Emkay Global Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹72.53. Emkay Global Financial Services's Cyclically Adjusted PS Ratio for today is 2.18.

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

BOM:532737' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.3   Max: 2.33
Current: 2.18

During the past years, Emkay Global Financial Services's highest Cyclically Adjusted PS Ratio was 2.33. The lowest was 0.99. And the median was 1.30.

BOM:532737's Cyclically Adjusted PS Ratio is ranked better than
61.62% of 568 companies
in the Capital Markets industry
Industry Median: 3.22 vs BOM:532737: 2.18

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.

Emkay Global Financial Services's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹31.039. 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 ₹72.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emkay Global Financial Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Emkay Global Financial Services'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.

Emkay Global Financial Services Cyclically Adjusted PS Ratio Chart

Emkay Global Financial Services 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 - - 1.71 0.99 1.61

Emkay Global Financial Services 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 0.99 1.10 1.26 2.05 1.61

Competitive Comparison of Emkay Global Financial Services's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Emkay Global Financial Services'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.


Emkay Global Financial Services's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Emkay Global Financial Services's Cyclically Adjusted PS Ratio falls into.



Emkay Global Financial Services 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.

Emkay Global Financial Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=158.00/72.53
=2.18

* 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.

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

For example, Emkay Global Financial Services'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)
=31.039/153.0345*153.0345
=31.039

Current CPI (Mar. 2024) = 153.0345.

Emkay Global Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.419 94.103 16.944
201409 10.419 96.780 16.475
201412 9.172 96.780 14.503
201503 11.937 97.163 18.801
201506 9.078 99.841 13.915
201509 10.341 101.753 15.553
201512 9.076 102.901 13.498
201603 10.389 102.518 15.508
201606 8.720 105.961 12.594
201609 10.941 105.961 15.802
201612 11.212 105.196 16.311
201703 12.102 105.196 17.605
201706 14.487 107.109 20.699
201709 14.697 109.021 20.630
201712 17.614 109.404 24.639
201803 16.395 109.786 22.853
201806 13.864 111.317 19.060
201809 14.182 115.142 18.849
201812 11.949 115.142 15.881
201903 14.919 118.202 19.315
201906 12.081 120.880 15.295
201909 11.585 123.175 14.393
201912 11.968 126.235 14.509
202003 15.593 124.705 19.135
202006 10.884 127.000 13.115
202009 13.607 130.118 16.003
202012 12.702 130.889 14.851
202103 19.010 131.771 22.078
202106 16.527 134.084 18.863
202109 16.759 135.847 18.879
202112 16.561 138.161 18.344
202203 16.980 138.822 18.718
202206 20.042 142.347 21.547
202209 17.887 144.661 18.922
202212 14.704 145.763 15.438
202303 15.697 146.865 16.356
202306 17.225 150.280 17.541
202309 25.836 151.492 26.099
202312 24.687 152.924 24.705
202403 31.039 153.035 31.039

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.


Emkay Global Financial Services  (BOM:532737) 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.


Emkay Global Financial Services Cyclically Adjusted PS Ratio Related Terms

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


Emkay Global Financial Services (BOM:532737) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, The Ruby, 7th Floor, Dadar (West), Mumbai, MH, IND, 400028
Emkay Global Financial Services Ltd is a holding company engaged in stockbroking. The company operates in two reportable segments that include Advisory and Transactional Services and Financing and Investment Activities. The company is involved in providing financial services and solutions, such as equity broking, asset management, wealth management, currency and commodity advisory and broking, investment banking, and financial education services. The majority of the revenue is generated from the Advisory and Transactional Services segment.

Emkay Global Financial Services (BOM:532737) Headlines

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