GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » India Finsec Ltd (BOM:535667) » Definitions » Cyclically Adjusted PS Ratio

India Finsec (BOM:535667) Cyclically Adjusted PS Ratio : 15.37 (As of May. 28, 2024)


View and export this data going back to 2013. Start your Free Trial

What is India Finsec Cyclically Adjusted PS Ratio?

As of today (2024-05-28), India Finsec's current share price is ₹107.00. India Finsec's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹6.96. India Finsec's Cyclically Adjusted PS Ratio for today is 15.37.

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

BOM:535667' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.74   Med: 4.59   Max: 16.11
Current: 16.11

During the past 11 years, India Finsec's highest Cyclically Adjusted PS Ratio was 16.11. The lowest was 2.74. And the median was 4.59.

BOM:535667's Cyclically Adjusted PS Ratio is ranked worse than
87.67% of 373 companies
in the Credit Services industry
Industry Median: 2.86 vs BOM:535667: 16.11

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.

India Finsec's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹17.582. 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 ₹6.96 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


India Finsec Cyclically Adjusted PS Ratio Historical Data

The historical data trend for India Finsec'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.

India Finsec Cyclically Adjusted PS Ratio Chart

India Finsec Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.57 2.98

India Finsec Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 - - 2.98 - -

Competitive Comparison of India Finsec's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, India Finsec'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.


India Finsec's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

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



India Finsec 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.

India Finsec's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=107.00/6.96
=15.37

* 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.

India Finsec's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, India Finsec's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=17.582/146.8646*146.8646
=17.582

Current CPI (Mar23) = 146.8646.

India Finsec Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.493 91.425 5.611
201503 1.305 97.163 1.973
201603 2.991 102.518 4.285
201703 3.604 105.196 5.032
201803 2.451 109.786 3.279
201903 4.427 118.202 5.500
202003 7.081 124.705 8.339
202103 9.337 131.771 10.407
202203 7.144 138.822 7.558
202303 17.582 146.865 17.582

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.


India Finsec  (BOM:535667) 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.


India Finsec Cyclically Adjusted PS Ratio Related Terms

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


India Finsec (BOM:535667) Business Description

Traded in Other Exchanges
N/A
Address
D-16, Above ICICI Bank, 1st Floor, Prashant Vihar, Sector - 14, Rohini, New Delhi, IND, 110 085
India Finsec Ltd operates as a non-banking financial company. It offers inter-corporate deposits, advancing short-term loans, long-term loans, credits to individuals and companies. It also deals in stocks, shares, and securities. The company's segments include: Trading and securities and advancing of loans after considering the nature of products and services. The firm mainly derives revenue from Interest on loans.

India Finsec (BOM:535667) Headlines

No Headlines