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Comfort Fincap (BOM:535267) Cyclically Adjusted PS Ratio : 4.82 (As of May. 14, 2024)


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What is Comfort Fincap Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Comfort Fincap's current share price is ₹8.87. Comfort Fincap's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹1.84. Comfort Fincap's Cyclically Adjusted PS Ratio for today is 4.82.

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

BOM:535267' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 5.13   Max: 13.66
Current: 4.81

During the past years, Comfort Fincap's highest Cyclically Adjusted PS Ratio was 13.66. The lowest was 1.13. And the median was 5.13.

BOM:535267's Cyclically Adjusted PS Ratio is ranked worse than
65.15% of 373 companies
in the Credit Services industry
Industry Median: 2.93 vs BOM:535267: 4.81

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.

Comfort Fincap's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹0.529. 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 ₹1.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comfort Fincap Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Comfort Fincap'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.

Comfort Fincap Cyclically Adjusted PS Ratio Chart

Comfort Fincap 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 - - 2.74 5.01 4.89

Comfort Fincap Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 10.83 5.01 4.83 5.35 4.89

Competitive Comparison of Comfort Fincap's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Comfort Fincap'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.


Comfort Fincap's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Comfort Fincap's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Comfort Fincap 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.

Comfort Fincap's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.87/1.84
=4.82

* 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.

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

For example, Comfort Fincap'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)
=0.529/153.2548*153.2548
=0.529

Current CPI (Mar. 2024) = 153.2548.

Comfort Fincap Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.058 91.425 0.097
201406 0.120 94.103 0.195
201409 0.310 96.780 0.491
201412 0.172 96.780 0.272
201503 0.130 97.163 0.205
201506 0.174 99.841 0.267
201509 0.152 101.753 0.229
201512 0.176 102.901 0.262
201603 0.320 102.518 0.478
201606 0.199 105.961 0.288
201609 0.203 105.961 0.294
201612 0.191 105.196 0.278
201703 0.321 105.196 0.468
201706 0.290 107.109 0.415
201709 0.319 109.021 0.448
201712 0.340 109.404 0.476
201803 0.377 109.786 0.526
201806 0.339 111.317 0.467
201809 0.317 115.142 0.422
201812 0.306 115.142 0.407
201903 0.353 118.202 0.458
201906 0.350 120.880 0.444
201909 0.334 123.175 0.416
201912 0.351 126.235 0.426
202003 0.383 124.705 0.471
202006 0.485 127.000 0.585
202009 0.458 130.118 0.539
202012 0.550 130.889 0.644
202103 0.446 131.771 0.519
202106 0.483 134.084 0.552
202109 0.535 135.847 0.604
202112 0.548 138.161 0.608
202203 0.623 138.822 0.688
202206 0.763 142.347 0.821
202209 0.718 144.661 0.761
202212 0.642 145.763 0.675
202303 0.560 146.865 0.584
202309 0.582 151.492 0.589
202312 0.525 153.255 0.525
202403 0.529 153.255 0.529

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.


Comfort Fincap  (BOM:535267) 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.


Comfort Fincap Cyclically Adjusted PS Ratio Related Terms

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


Comfort Fincap (BOM:535267) Business Description

Traded in Other Exchanges
N/A
Address
S.V. Road, Opposite Natraj Market, A-301, Hetal Arch, Malad (West), Mumbai, MH, IND, 400064
Comfort Fincap Ltd is an India based non-banking financial company. It provides various financial solutions to commercial, industrial and financial clients. Its offerings include advancing loans against listed shares, securities, and properties, corporate loans, personal loans, trade financing, promoter funding, IPO (initial public offer) financing, bills discounting, margin funding, trading in shares and securities and arbitrage business in stock and commodity market. It generates revenue in the form of professional fees and interest income received from loans and advances and term deposits.

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