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Diggi Multitrade (BOM:540811) Cyclically Adjusted PS Ratio : 10.85 (As of May. 26, 2024)


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What is Diggi Multitrade Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Diggi Multitrade's current share price is ₹27.89. Diggi Multitrade's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹2.57. Diggi Multitrade's Cyclically Adjusted PS Ratio for today is 10.85.

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

BOM:540811' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.07   Med: 8.46   Max: 11.84
Current: 10.86

During the past 11 years, Diggi Multitrade's highest Cyclically Adjusted PS Ratio was 11.84. The lowest was 4.07. And the median was 8.46.

BOM:540811's Cyclically Adjusted PS Ratio is ranked worse than
90.94% of 1368 companies
in the Real Estate industry
Industry Median: 1.74 vs BOM:540811: 10.86

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.

Diggi Multitrade's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹0.041. 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 ₹2.57 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diggi Multitrade Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Diggi Multitrade'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.

Diggi Multitrade Cyclically Adjusted PS Ratio Chart

Diggi Multitrade 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 - - - 7.61 9.83

Diggi Multitrade Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 7.61 - 9.83 -

Competitive Comparison of Diggi Multitrade's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Diggi Multitrade'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.


Diggi Multitrade's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Diggi Multitrade's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Diggi Multitrade 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.

Diggi Multitrade's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.89/2.57
=10.85

* 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.

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

For example, Diggi Multitrade'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)
=0.041/146.8646*146.8646
=0.041

Current CPI (Mar23) = 146.8646.

Diggi Multitrade Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.618 91.425 0.993
201503 1.993 97.163 3.012
201603 0.916 102.518 1.312
201703 1.815 105.196 2.534
201803 4.942 109.786 6.611
201903 1.835 118.202 2.280
202003 0.739 124.705 0.870
202103 0.108 131.771 0.120
202203 7.483 138.822 7.917
202303 0.041 146.865 0.041

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.


Diggi Multitrade  (BOM:540811) 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.


Diggi Multitrade Cyclically Adjusted PS Ratio Related Terms

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


Diggi Multitrade (BOM:540811) Business Description

Traded in Other Exchanges
N/A
Address
Opposite Infiniti Mall, Link Road, D-106, Crystal Plaza, Andheri (West), Mumbai, MH, IND, 400053
Diggi Multitrade Ltd is engaged in the trading of real estate by way of acquiring interests in various real estate projects such as flats and land where the company purchases the flat from the builders and sells to a third party at a price higher than the price originally paid by the company. The company is also involved in trading construction materials.

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