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Sobha (BOM:532784) Cyclically Adjusted PS Ratio : 4.92 (As of Jun. 05, 2024)


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What is Sobha Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Sobha's current share price is ₹1804.65. Sobha's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹367.14. Sobha's Cyclically Adjusted PS Ratio for today is 4.92.

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

BOM:532784' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.61   Max: 5.33
Current: 5.18

During the past years, Sobha's highest Cyclically Adjusted PS Ratio was 5.33. The lowest was 0.42. And the median was 1.61.

BOM:532784's Cyclically Adjusted PS Ratio is ranked worse than
77.16% of 1366 companies
in the Real Estate industry
Industry Median: 1.745 vs BOM:532784: 5.18

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.

Sobha's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹80.375. 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 ₹367.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sobha Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sobha'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.

Sobha Cyclically Adjusted PS Ratio Chart

Sobha 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 0.43 1.36 2.10 1.20 3.93

Sobha 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 1.20 1.47 1.92 2.67 3.93

Competitive Comparison of Sobha's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Sobha'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.


Sobha's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sobha's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sobha 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1804.65/367.14
=4.92

* 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.

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

For example, Sobha'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)
=80.375/153.0345*153.0345
=80.375

Current CPI (Mar. 2024) = 153.0345.

Sobha Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 58.885 94.103 95.762
201409 68.576 96.780 108.436
201412 69.807 96.780 110.383
201503 50.818 97.163 80.040
201506 46.670 99.841 71.535
201509 49.874 101.753 75.009
201512 44.875 102.901 66.738
201603 56.118 102.518 83.770
201606 58.122 105.961 83.943
201609 55.777 105.961 80.556
201612 56.056 105.196 81.548
201703 60.627 105.196 88.197
201706 70.079 107.109 100.127
201709 67.141 109.021 94.247
201712 72.818 109.404 101.858
201803 81.196 109.786 113.181
201806 63.065 111.317 86.700
201809 69.410 115.142 92.252
201812 83.079 115.142 110.420
201903 146.837 118.202 190.108
201906 124.034 120.880 157.028
201909 82.719 123.175 102.771
201912 93.146 126.235 112.920
202003 95.608 124.705 117.327
202006 37.121 127.000 44.731
202009 55.100 130.118 64.804
202012 72.242 130.889 84.465
202103 58.068 131.771 67.439
202106 54.076 134.084 61.719
202109 82.193 135.847 92.592
202112 65.596 138.161 72.658
202203 74.203 138.822 81.800
202206 58.334 142.347 62.714
202209 71.028 144.661 75.139
202212 91.443 145.763 96.005
202303 127.909 146.865 133.283
202306 95.657 150.280 97.410
202309 78.359 151.492 79.157
202312 72.208 152.924 72.260
202403 80.375 153.035 80.375

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.


Sobha  (BOM:532784) 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.


Sobha Cyclically Adjusted PS Ratio Related Terms

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


Sobha (BOM:532784) Business Description

Industry
Traded in Other Exchanges
Address
SOBHA, Sarjapur - Marathahalli Outer Ring Road, Devarabisanahalli, Bellandur Post, Bangalore, KA, IND, 560103
Sobha Ltd is engaged in the real estate business. The company is engaged in the development and construction of the properties. The company is operating in two segments: The Real estate segment and the Contractual and manufacturing segment. The real Estate segment (RE) is into the development, sale, management, and operation of all or any part of townships, and housing projects also include leasing of self-owned commercial premises. The contractual and manufacturing Segment (CM) is into the development of commercial premises and other related activities, also including manufacturing activities related to interiors, glazing and metal works and concrete products. It generates its revenue from the Real Estate segment.

Sobha (BOM:532784) Headlines

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