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Bajaj Finserv (NSE:BAJAJFINSV) Cyclically Adjusted PS Ratio : 4.50 (As of May. 24, 2024)


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What is Bajaj Finserv Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Bajaj Finserv's current share price is ₹1601.70. Bajaj Finserv's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹355.65. Bajaj Finserv's Cyclically Adjusted PS Ratio for today is 4.50.

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

NSE:BAJAJFINSV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.14   Med: 5.24   Max: 9.29
Current: 4.46

During the past years, Bajaj Finserv's highest Cyclically Adjusted PS Ratio was 9.29. The lowest was 3.14. And the median was 5.24.

NSE:BAJAJFINSV's Cyclically Adjusted PS Ratio is ranked worse than
73.02% of 63 companies
in the Diversified Financial Services industry
Industry Median: 2.12 vs NSE:BAJAJFINSV: 4.46

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.

Bajaj Finserv's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹190.022. 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 ₹355.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bajaj Finserv Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bajaj Finserv'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.

Bajaj Finserv Cyclically Adjusted PS Ratio Chart

Bajaj Finserv 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 - 5.00 7.36 4.42 4.62

Bajaj Finserv 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 4.42 4.99 4.78 4.94 4.62

Competitive Comparison of Bajaj Finserv's Cyclically Adjusted PS Ratio

For the Financial Conglomerates subindustry, Bajaj Finserv'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.


Bajaj Finserv's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bajaj Finserv's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Bajaj Finserv 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.

Bajaj Finserv's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1601.70/355.65
=4.50

* 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.

Bajaj Finserv's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bajaj Finserv'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)
=190.022/153.0345*153.0345
=190.022

Current CPI (Mar. 2024) = 153.0345.

Bajaj Finserv Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.253 94.103 16.674
201409 10.379 96.780 16.412
201412 11.952 96.780 18.899
201503 34.857 97.163 54.901
201506 13.261 99.841 20.326
201509 13.557 101.753 20.389
201512 15.063 102.901 22.402
201603 39.604 102.518 59.119
201606 32.912 105.961 47.533
201609 37.221 105.961 53.756
201612 39.729 105.196 57.796
201703 44.222 105.196 64.332
201706 44.403 107.109 63.442
201709 45.205 109.021 63.455
201712 46.499 109.404 65.043
201803 55.516 109.786 77.385
201806 49.574 111.317 68.153
201809 53.972 115.142 71.734
201812 66.456 115.142 88.326
201903 78.119 118.202 101.140
201906 72.361 120.880 91.609
201909 75.766 123.175 94.133
201912 86.237 126.235 104.545
202003 94.725 124.705 116.244
202006 78.643 127.000 94.764
202009 84.169 130.118 98.993
202012 91.565 130.889 107.057
202103 125.124 131.771 145.315
202106 76.427 134.084 87.229
202109 105.705 135.847 119.079
202112 103.882 138.161 115.065
202203 138.181 138.822 152.328
202206 94.692 142.347 101.801
202209 126.184 144.661 133.488
202212 131.420 145.763 137.976
202303 138.662 146.865 144.487
202306 138.695 150.280 141.237
202309 155.164 151.492 156.744
202312 172.650 152.924 172.774
202403 190.022 153.035 190.022

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.


Bajaj Finserv  (NSE:BAJAJFINSV) 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.


Bajaj Finserv Cyclically Adjusted PS Ratio Related Terms

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


Bajaj Finserv (NSE:BAJAJFINSV) Business Description

Traded in Other Exchanges
Address
Off Pune-Ahmednagar Road, 6th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014
Bajaj Finserv Ltd is a non-banking financial services company headquartered in India that engages in lending activities. It services six lending verticals: consumer, small and midsize enterprises, commercial, rural, deposits, and partnerships and services. Bajaj's consumer and rural lending consists of funding solutions for consumer durables, such as vehicles and furniture to personal loans. The commercial lending activities consist of funding for plant and machinery assets and term loans to SMEs. Its mortgage lending activities consist of loans for residential and commercial properties and developer financing, among others. The company operates in India, with most of its revenue coming from Premium and other operating income from the insurance business.

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