GURUFOCUS.COM » STOCK LIST » Technology » Software » Quick Heal Technologies Ltd (BOM:539678) » Definitions » Cyclically Adjusted PS Ratio

Quick Heal Technologies (BOM:539678) Cyclically Adjusted PS Ratio : 8.18 (As of Jun. 19, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Quick Heal Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Quick Heal Technologies's current share price is ₹498.90. Quick Heal Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹61.01. Quick Heal Technologies's Cyclically Adjusted PS Ratio for today is 8.18.

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

BOM:539678' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.29   Med: 7.66   Max: 8.17
Current: 7.75

During the past 10 years, Quick Heal Technologies's highest Cyclically Adjusted PS Ratio was 8.17. The lowest was 7.29. And the median was 7.66.

BOM:539678's Cyclically Adjusted PS Ratio is ranked worse than
87.3% of 1457 companies
in the Software industry
Industry Median: 1.84 vs BOM:539678: 7.75

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.

Quick Heal Technologies's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹53.921. 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 ₹61.01 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quick Heal Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Quick Heal Technologies'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.

Quick Heal Technologies Cyclically Adjusted PS Ratio Chart

Quick Heal Technologies 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 - - - - 7.72

Quick Heal Technologies 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 - - - - 7.72

Competitive Comparison of Quick Heal Technologies's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Quick Heal Technologies'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.


Quick Heal Technologies's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

* The bar in red indicates where Quick Heal Technologies's Cyclically Adjusted PS Ratio falls into.



Quick Heal Technologies 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.

Quick Heal Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=498.90/61.01
=8.18

* 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.

Quick Heal Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Quick Heal Technologies's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=53.921/153.0345*153.0345
=53.921

Current CPI (Mar24) = 153.0345.

Quick Heal Technologies Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 46.196 97.163 72.760
201603 48.351 102.518 72.176
201703 42.570 105.196 61.929
201803 45.214 109.786 63.025
201903 44.644 118.202 57.800
202003 43.615 124.705 53.523
202103 51.829 131.771 60.193
202203 57.274 138.822 63.138
202303 49.535 146.865 51.616
202403 53.921 153.035 53.921

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.


Quick Heal Technologies  (BOM:539678) 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.


Quick Heal Technologies Cyclically Adjusted PS Ratio Related Terms

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


Quick Heal Technologies (BOM:539678) Business Description

Traded in Other Exchanges
Address
7th Floor, Viman Nagar, Marvel Edge, Office Number 7010 C & D, Opposite Neco Garden Society, Pune, MH, IND, 411014
Quick Heal Technologies Ltd is an India-based IT security solutions company. It is engaged in offering software security products and solutions. The company serves clients in various industries including manufacturing, BFSI, healthcare, hospitality, educational institutions, government organizations, emerging e-commerce, and the service sector. The group reports the operating segments based on the target customer groups to bring Retail; Enterprise and Government; and Mobile. It has a business presence in India and foreign countries, of which maximum revenue is derived within India. Its product range consists of Quick Heal Total Security, Quick Heal Internet Security, Quick Heal AntiVirus Pro, Quick Heal Total Security for Mac, Quick Heal PCTuner 3.0, and Guardian NetSecure.

Quick Heal Technologies (BOM:539678) Headlines

No Headlines