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Transaction Capital (JSE:TCP) Cyclically Adjusted PS Ratio : 0.17 (As of Jun. 06, 2024)


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What is Transaction Capital Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Transaction Capital's current share price is R2.61. Transaction Capital's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 was R14.99. Transaction Capital's Cyclically Adjusted PS Ratio for today is 0.17.

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

JSE:TCP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 1.01   Max: 2.1
Current: 0.17

During the past 13 years, Transaction Capital's highest Cyclically Adjusted PS Ratio was 2.10. The lowest was 0.10. And the median was 1.01.

JSE:TCP's Cyclically Adjusted PS Ratio is ranked better than
96.33% of 381 companies
in the Credit Services industry
Industry Median: 2.97 vs JSE:TCP: 0.17

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.

Transaction Capital's adjusted revenue per share data of for the fiscal year that ended in Sep23 was R37.790. 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 R14.99 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transaction Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Transaction Capital'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.

Transaction Capital Cyclically Adjusted PS Ratio Chart

Transaction Capital Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.98 1.71 1.13 0.10

Transaction Capital Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - 1.13 - 0.10 -

Competitive Comparison of Transaction Capital's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Transaction Capital'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.


Transaction Capital's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

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



Transaction Capital 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.

Transaction Capital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.61/14.99
=0.17

* 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.

Transaction Capital's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Transaction Capital's adjusted Revenue per Share data for the fiscal year that ended in Sep23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=37.79/151.5022*151.5022
=37.790

Current CPI (Sep23) = 151.5022.

Transaction Capital Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201409 4.070 96.794 6.370
201509 4.367 101.154 6.541
201609 4.839 107.694 6.807
201709 6.136 112.926 8.232
201809 7.898 118.376 10.108
201909 8.573 123.281 10.536
202009 9.415 126.878 11.242
202109 13.801 133.273 15.689
202209 34.725 143.671 36.618
202309 37.790 151.502 37.790

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.


Transaction Capital  (JSE:TCP) 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.


Transaction Capital Cyclically Adjusted PS Ratio Related Terms

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


Transaction Capital (JSE:TCP) Business Description

Traded in Other Exchanges
Address
24 Cradock and Tyrwhitt Avenue, The Bank, 12th Floor, Rosebank, Johannesburg, GT, ZAF, 2196
Transaction Capital Ltd is an investment holding company. The company's operating segment includes SA Taxi; Nutun, WeBuyCars, and Group executive office. It generates maximum revenue from the WeBuyCars segment. WeBuyCars segment includes buyer, distributor, and retailer of vehicles, which also offers financial and other allied products. SA Taxi segment is engaged in a vertically integrated taxi platform incorporating a unique blend of vehicle procurement, retail, repossession and refurbishment capabilities with asset-backed developmental finance and insurance competencies for focused vehicle types.

Transaction Capital (JSE:TCP) Headlines

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