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Mahindra & Mahindra Financial Services (Mahindra & Mahindra Financial Services) Cyclically Adjusted PS Ratio : (As of Jun. 25, 2024)


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What is Mahindra & Mahindra Financial Services Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahindra & Mahindra Financial Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mahindra & Mahindra Financial Services'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.

Mahindra & Mahindra Financial Services Cyclically Adjusted PS Ratio Chart

Mahindra & Mahindra Financial Services 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 1.73 3.57 2.69 3.63 4.15

Mahindra & Mahindra Financial Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 3.72 3.63 4.58 4.15 4.15

Competitive Comparison of Mahindra & Mahindra Financial Services's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Mahindra & Mahindra Financial Services'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.


Mahindra & Mahindra Financial Services's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where Mahindra & Mahindra Financial Services's Cyclically Adjusted PS Ratio falls into.



Mahindra & Mahindra Financial Services 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.

Mahindra & Mahindra Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Mahindra & Mahindra Financial Services'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)
=1.295/153.0345*153.0345
=1.295

Current CPI (Mar. 2024) = 153.0345.

Mahindra & Mahindra Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.756 91.425 1.265
201406 0.669 94.103 1.088
201409 0.714 96.780 1.129
201412 0.702 96.780 1.110
201503 0.867 97.163 1.366
201506 0.679 99.841 1.041
201509 0.751 101.753 1.129
201512 0.686 102.901 1.020
201603 0.942 102.518 1.406
201606 0.638 105.961 0.921
201609 0.754 105.961 1.089
201612 0.727 105.196 1.058
201703 1.094 105.196 1.592
201706 0.868 107.109 1.240
201709 0.930 109.021 1.305
201712 1.076 109.404 1.505
201803 0.667 109.786 0.930
201806 0.945 111.317 1.299
201809 0.962 115.142 1.279
201812 1.039 115.142 1.381
201903 1.143 118.202 1.480
201906 1.078 120.880 1.365
201909 1.065 123.175 1.323
201912 1.157 126.235 1.403
202003 1.120 124.705 1.374
202006 1.064 127.000 1.282
202009 1.104 130.118 1.298
202012 1.085 130.889 1.269
202103 1.215 131.771 1.411
202106 0.919 134.084 1.049
202109 1.168 135.847 1.316
202112 1.205 138.161 1.335
202203 1.142 138.822 1.259
202206 1.127 142.347 1.212
202209 1.075 144.661 1.137
202212 1.122 145.763 1.178
202303 1.156 146.865 1.205
202309 1.125 151.492 1.136
202312 1.215 152.924 1.216
202403 1.295 153.035 1.295

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.


Mahindra & Mahindra Financial Services  (GREY:MHZNY) 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.


Mahindra & Mahindra Financial Services Cyclically Adjusted PS Ratio Related Terms

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Mahindra & Mahindra Financial Services (Mahindra & Mahindra Financial Services) Business Description

Traded in Other Exchanges
Address
Dr. G M. Bhosale Marg, 4th Floor, Mahindra Towers, A Wing, P.K. Kurne Chowk, Worli, Mumbai, MH, IND, 400 018
Mahindra & Mahindra Financial Services Ltd is a subsidiary of the Indian conglomerate Mahinda & Mahindra. The company is a nonbanking financial company that serves the financing needs of a sizable population residing in nonmetropolitan areas of India. The company provides a wide range of retail products and services, including financing vehicles for commercial and personal use, tractors, small to medium enterprise loans, and other financial products. The company also operates in other niche markets. It has introduced mutual fund distributions, fixed deposit products, and personal loans. The company's main source of revenue is interest income from its loans.