GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Goenka Business & Finance Ltd (BOM:538787) » Definitions » Cyclically Adjusted PS Ratio

Goenka Business & Finance (BOM:538787) Cyclically Adjusted PS Ratio : 0.04 (As of Jun. 22, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Goenka Business & Finance Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Goenka Business & Finance's current share price is ₹7.00. Goenka Business & Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹183.01. Goenka Business & Finance's Cyclically Adjusted PS Ratio for today is 0.04.

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

BOM:538787' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.04   Max: 0.04
Current: 0.04

During the past years, Goenka Business & Finance's highest Cyclically Adjusted PS Ratio was 0.04. The lowest was 0.03. And the median was 0.04.

BOM:538787's Cyclically Adjusted PS Ratio is ranked better than
98.84% of 604 companies
in the Capital Markets industry
Industry Median: 3.12 vs BOM:538787: 0.04

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.

Goenka Business & Finance's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹13.939. 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 ₹183.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goenka Business & Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Goenka Business & Finance'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.

Goenka Business & Finance Cyclically Adjusted PS Ratio Chart

Goenka Business & Finance 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 - - - - 0.03

Goenka Business & Finance 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 - - - 0.04 0.03

Competitive Comparison of Goenka Business & Finance's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Goenka Business & Finance'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.


Goenka Business & Finance's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Goenka Business & Finance's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Goenka Business & Finance's Cyclically Adjusted PS Ratio falls into.



Goenka Business & Finance 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.

Goenka Business & Finance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.00/183.01
=0.04

* 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.

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

For example, Goenka Business & Finance'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)
=13.939/153.0345*153.0345
=13.939

Current CPI (Mar. 2024) = 153.0345.

Goenka Business & Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.941 96.780 1.488
201503 1.563 97.163 2.462
201506 0.403 99.841 0.618
201509 0.445 101.753 0.669
201512 0.477 102.901 0.709
201603 0.436 102.518 0.651
201606 0.354 105.961 0.511
201609 0.293 105.961 0.423
201612 0.177 105.196 0.257
201703 0.794 105.196 1.155
201706 0.236 107.109 0.337
201709 0.223 109.021 0.313
201712 1.154 109.404 1.614
201803 3.563 109.786 4.967
201806 0.755 111.317 1.038
201809 -7.957 115.142 -10.576
201812 2.551 115.142 3.391
201903 8.198 118.202 10.614
201906 1.444 120.880 1.828
201909 3.329 123.175 4.136
201912 31.395 126.235 38.060
202003 7.889 124.705 9.681
202006 8.201 127.000 9.882
202009 27.936 130.118 32.856
202012 22.360 130.889 26.143
202103 86.171 131.771 100.077
202106 203.477 134.084 232.235
202109 550.061 135.847 619.655
202112 138.429 138.161 153.332
202203 202.834 138.822 223.600
202206 50.265 142.347 54.039
202209 66.540 144.661 70.392
202212 49.114 145.763 51.564
202303 22.854 146.865 23.814
202306 14.180 150.280 14.440
202309 22.186 151.492 22.412
202312 15.902 152.924 15.913
202403 13.939 153.035 13.939

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.


Goenka Business & Finance  (BOM:538787) 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.


Goenka Business & Finance Cyclically Adjusted PS Ratio Related Terms

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


Goenka Business & Finance (BOM:538787) Business Description

Traded in Other Exchanges
N/A
Address
Office no.9, Shivranjani Cross road, Sadguru Complex, 4th Floor, Satellite, Ahmedabad, GJ, IND, 380015
Goenka Business & Finance Ltd is an India-based non-banking financial company. The company is engaged in providing secured and unsecured financial loans. The Company invests in buy, sell, transfer, hypothecate, deal in and dispose of any shares, stocks debentures, debenture stock, securities, properties of any other Company including securities of any Government, Local Authority, bonds, and certificates.

Goenka Business & Finance (BOM:538787) Headlines

No Headlines