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Vedavaag Systems (BOM:533056) Cyclically Adjusted PS Ratio : 0.86 (As of Jun. 20, 2024)


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What is Vedavaag Systems Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Vedavaag Systems's current share price is ₹50.44. Vedavaag Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹58.95. Vedavaag Systems's Cyclically Adjusted PS Ratio for today is 0.86.

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

BOM:533056' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.76   Max: 1.28
Current: 0.87

During the past years, Vedavaag Systems's highest Cyclically Adjusted PS Ratio was 1.28. The lowest was 0.30. And the median was 0.76.

BOM:533056's Cyclically Adjusted PS Ratio is ranked better than
70.21% of 1457 companies
in the Software industry
Industry Median: 1.84 vs BOM:533056: 0.87

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.

Vedavaag Systems's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹9.974. 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 ₹58.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vedavaag Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vedavaag Systems'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.

Vedavaag Systems Cyclically Adjusted PS Ratio Chart

Vedavaag Systems 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 - 0.42 0.87 0.59 0.80

Vedavaag Systems 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 0.59 0.72 0.75 0.84 0.80

Competitive Comparison of Vedavaag Systems's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Vedavaag Systems'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.


Vedavaag Systems's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Vedavaag Systems 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.

Vedavaag Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.44/58.95
=0.86

* 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.

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

For example, Vedavaag Systems'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)
=9.974/153.0345*153.0345
=9.974

Current CPI (Mar. 2024) = 153.0345.

Vedavaag Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.003 94.103 9.762
201409 3.904 96.780 6.173
201412 15.222 96.780 24.070
201503 22.450 97.163 35.359
201506 6.364 99.841 9.755
201509 19.476 101.753 29.291
201512 22.587 102.901 33.591
201603 9.878 102.518 14.745
201606 7.773 105.961 11.226
201609 9.898 105.961 14.295
201612 19.736 105.196 28.711
201703 27.563 105.196 40.097
201706 15.972 107.109 22.820
201709 13.069 109.021 18.345
201712 17.066 109.404 23.872
201803 14.338 109.786 19.986
201806 5.261 111.317 7.233
201809 4.790 115.142 6.366
201812 5.169 115.142 6.870
201903 19.039 118.202 24.650
201906 5.355 120.880 6.779
201909 7.222 123.175 8.973
201912 7.194 126.235 8.721
202003 13.774 124.705 16.903
202006 5.119 127.000 6.168
202009 6.330 130.118 7.445
202012 9.128 130.889 10.672
202103 11.024 131.771 12.803
202106 9.663 134.084 11.029
202109 9.659 135.847 10.881
202112 9.811 138.161 10.867
202203 12.500 138.822 13.780
202206 10.085 142.347 10.842
202209 10.480 144.661 11.087
202212 7.859 145.763 8.251
202303 8.706 146.865 9.072
202306 7.314 150.280 7.448
202309 13.574 151.492 13.712
202312 6.874 152.924 6.879
202403 9.974 153.035 9.974

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.


Vedavaag Systems  (BOM:533056) 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.


Vedavaag Systems Cyclically Adjusted PS Ratio Related Terms

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


Vedavaag Systems (BOM:533056) Business Description

Traded in Other Exchanges
N/A
Address
1-90-8/13, B Block, 103, West Block, Sirisai Orchid, 1st Floor, Hitech City, Madhapur, Hyderabad, TG, IND, 500081
Vedavaag Systems Ltd is an India based company engaged in providing information technology sales and services. The company is focusing on three key areas - E-Governance and Citizen Services, Banking, Finance and Insurance Services, and Infra services for Telecom. The company's business verticals include E-Governance Solutions Financial Inclusion System Integrator, Rural Healthcare, and Rural Retail.

Vedavaag Systems (BOM:533056) Headlines

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