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Abhishek Finlease (BOM:538935) Cyclically Adjusted PS Ratio : 16.39 (As of Jun. 03, 2024)


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What is Abhishek Finlease Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Abhishek Finlease's current share price is ₹39.00. Abhishek Finlease's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹2.38. Abhishek Finlease's Cyclically Adjusted PS Ratio for today is 16.39.

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

BOM:538935' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.88   Med: 14.06   Max: 16.85
Current: 16.42

During the past years, Abhishek Finlease's highest Cyclically Adjusted PS Ratio was 16.85. The lowest was 9.88. And the median was 14.06.

BOM:538935's Cyclically Adjusted PS Ratio is ranked worse than
84.35% of 869 companies
in the Asset Management industry
Industry Median: 7.64 vs BOM:538935: 16.42

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.

Abhishek Finlease's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.618. 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 ₹2.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abhishek Finlease Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Abhishek Finlease'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.

Abhishek Finlease Cyclically Adjusted PS Ratio Chart

Abhishek Finlease Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
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Abhishek Finlease Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - - - 9.43

Competitive Comparison of Abhishek Finlease's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Abhishek Finlease'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.


Abhishek Finlease's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Abhishek Finlease's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Abhishek Finlease 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.

Abhishek Finlease's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.00/2.38
=16.39

* 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.

Abhishek Finlease's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Abhishek Finlease's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.618/152.9243*152.9243
=0.618

Current CPI (Dec. 2023) = 152.9243.

Abhishek Finlease Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.187 91.425 0.313
201406 0.151 94.103 0.245
201409 0.139 96.780 0.220
201412 0.116 96.780 0.183
201503 0.329 97.163 0.518
201506 0.151 99.841 0.231
201509 0.205 101.753 0.308
201512 0.255 102.901 0.379
201603 0.255 102.518 0.380
201606 0.176 105.961 0.254
201609 0.353 105.961 0.509
201612 0.150 105.196 0.218
201703 0.435 105.196 0.632
201706 0.260 107.109 0.371
201709 0.258 109.021 0.362
201712 3.555 109.404 4.969
201803 2.993 109.786 4.169
201806 0.226 111.317 0.310
201809 0.424 115.142 0.563
201812 0.421 115.142 0.559
201903 0.697 118.202 0.902
201906 0.250 120.880 0.316
201909 0.120 123.175 0.149
201912 0.169 126.235 0.205
202003 0.318 124.705 0.390
202006 0.166 127.000 0.200
202009 0.236 130.118 0.277
202012 0.409 130.889 0.478
202103 0.493 131.771 0.572
202106 0.590 134.084 0.673
202109 0.533 135.847 0.600
202112 0.208 138.161 0.230
202203 0.346 138.822 0.381
202206 0.195 142.347 0.209
202209 0.102 144.661 0.108
202212 0.379 145.763 0.398
202303 0.301 146.865 0.313
202306 0.236 150.280 0.240
202309 0.788 151.492 0.795
202312 0.618 152.924 0.618

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.


Abhishek Finlease  (BOM:538935) 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.


Abhishek Finlease Cyclically Adjusted PS Ratio Related Terms

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Abhishek Finlease (BOM:538935) Business Description

Traded in Other Exchanges
N/A
Address
402, Wall Street -1, Opposite Orient Club, Near Gujarat College, Ellisbridge, Ahmedabad, GJ, IND, 380006
Abhishek Finlease Ltd is an investment and financial consultant. It is engaged in providing financial services including long-term financial investments and short-term financial investments. It provides Non-banking financial services and investment consultancy services.

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