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Cholamandalam Financial Holdings (NSE:CHOLAHLDNG) Cyclically Adjusted PS Ratio : 1.64 (As of Jan. 18, 2025)


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What is Cholamandalam Financial Holdings Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Cholamandalam Financial Holdings's current share price is ₹1434.80. Cholamandalam Financial Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ₹872.75. Cholamandalam Financial Holdings's Cyclically Adjusted PS Ratio for today is 1.64.

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

NSE:CHOLAHLDNG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.03   Max: 2.42
Current: 1.72

During the past years, Cholamandalam Financial Holdings's highest Cyclically Adjusted PS Ratio was 2.42. The lowest was 0.43. And the median was 1.03.

NSE:CHOLAHLDNG's Cyclically Adjusted PS Ratio is ranked better than
64.6% of 387 companies
in the Credit Services industry
Industry Median: 3.11 vs NSE:CHOLAHLDNG: 1.72

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.

Cholamandalam Financial Holdings's adjusted revenue per share data for the three months ended in Sep. 2024 was ₹447.530. 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 ₹872.75 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cholamandalam Financial Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cholamandalam Financial Holdings'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.

Cholamandalam Financial Holdings Cyclically Adjusted PS Ratio Chart

Cholamandalam Financial Holdings 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 0.54 1.02 0.97 0.77 1.39

Cholamandalam Financial Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.53 1.33 1.39 1.73 2.34

Competitive Comparison of Cholamandalam Financial Holdings's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Cholamandalam Financial Holdings'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.


Cholamandalam Financial Holdings's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where Cholamandalam Financial Holdings's Cyclically Adjusted PS Ratio falls into.



Cholamandalam Financial Holdings 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.

Cholamandalam Financial Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1434.80/872.75
=1.64

* 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.

Cholamandalam Financial Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Cholamandalam Financial Holdings's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=447.53/157.8822*157.8822
=447.530

Current CPI (Sep. 2024) = 157.8822.

Cholamandalam Financial Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 124.215 96.780 202.637
201503 144.211 97.163 234.332
201506 128.647 99.841 203.435
201509 112.580 101.753 174.681
201512 74.226 102.901 113.886
201603 91.762 102.518 141.317
201606 66.467 105.961 99.036
201609 35.331 105.961 52.643
201612 37.501 105.196 56.283
201703 39.088 105.196 58.665
201706 70.814 107.109 104.382
201709 44.504 109.021 64.450
201712 47.267 109.404 68.212
201803 45.748 109.786 65.790
201806 130.771 111.317 185.475
201809 138.791 115.142 190.310
201812 150.588 115.142 206.486
201903 149.929 118.202 200.260
201906 160.772 120.880 209.986
201909 185.369 123.175 237.601
201912 186.406 126.235 233.138
202003 172.750 124.705 218.709
202006 178.577 127.000 222.000
202009 198.961 130.118 241.415
202012 200.497 130.889 241.845
202103 192.035 131.771 230.089
202106 203.958 134.084 240.158
202109 206.857 135.847 240.410
202112 213.624 138.161 244.117
202203 208.091 138.822 236.662
202206 220.379 142.347 244.430
202209 243.155 144.661 265.378
202212 276.373 145.763 299.352
202303 292.215 146.865 314.137
202306 315.479 150.280 331.438
202309 354.459 151.492 369.411
202312 386.168 152.924 398.688
202403 394.248 153.035 406.737
202406 424.825 155.789 430.533
202409 447.530 157.882 447.530

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.


Cholamandalam Financial Holdings  (NSE:CHOLAHLDNG) 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.


Cholamandalam Financial Holdings Cyclically Adjusted PS Ratio Related Terms

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Cholamandalam Financial Holdings Business Description

Traded in Other Exchanges
Address
No. 234, NSC Bose Road, Dare House, Chennai, TN, IND, 600001
Cholamandalam Financial Holdings Ltd along with its subsidiaries is a diversified investment company under the Murugappa Group. It offers financial services that include general insurance, residential mortgages, auto loans, risk services, and non-banking financial services. The company's activities are located exclusively in India. It has two primary product segments which include the Financial Services segment which derives key revenue and represents its lending business, and the Insurance and allied services segment.

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