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Coral India Finance & Housing (NSE:CORALFINAC) Cyclically Adjusted PS Ratio : 10.44 (As of Jun. 03, 2024)


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What is Coral India Finance & Housing Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Coral India Finance & Housing's current share price is ₹46.35. Coral India Finance & Housing's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹4.44. Coral India Finance & Housing's Cyclically Adjusted PS Ratio for today is 10.44.

The historical rank and industry rank for Coral India Finance & Housing's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:CORALFINAC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.88   Med: 8.46   Max: 14.48
Current: 10.59

During the past years, Coral India Finance & Housing's highest Cyclically Adjusted PS Ratio was 14.48. The lowest was 3.88. And the median was 8.46.

NSE:CORALFINAC's Cyclically Adjusted PS Ratio is ranked worse than
91.15% of 1368 companies
in the Real Estate industry
Industry Median: 1.735 vs NSE:CORALFINAC: 10.59

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.

Coral India Finance & Housing's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.872. 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 ₹4.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coral India Finance & Housing Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Coral India Finance & Housing'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.

Coral India Finance & Housing Cyclically Adjusted PS Ratio Chart

Coral India Finance & Housing 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 - - 4.39 8.71 6.44

Coral India Finance & Housing Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.22 6.44 8.44 9.39 13.18

Competitive Comparison of Coral India Finance & Housing's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Coral India Finance & Housing'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.


Coral India Finance & Housing's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Coral India Finance & Housing's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Coral India Finance & Housing's Cyclically Adjusted PS Ratio falls into.



Coral India Finance & Housing 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.

Coral India Finance & Housing's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.35/4.44
=10.44

* 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.

Coral India Finance & Housing's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Coral India Finance & Housing's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.872/152.9243*152.9243
=0.872

Current CPI (Dec. 2023) = 152.9243.

Coral India Finance & Housing Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 -0.232 91.425 -0.388
201406 0.290 94.103 0.471
201409 1.014 96.780 1.602
201412 1.395 96.780 2.204
201503 0.524 97.163 0.825
201506 0.436 99.841 0.668
201509 0.630 101.753 0.947
201512 0.667 102.901 0.991
201603 0.551 102.518 0.822
201606 0.699 105.961 1.009
201609 0.608 105.961 0.877
201612 0.927 105.196 1.348
201703 0.483 105.196 0.702
201706 1.199 107.109 1.712
201709 1.124 109.021 1.577
201712 1.371 109.404 1.916
201803 0.712 109.786 0.992
201806 0.689 111.317 0.947
201809 0.772 115.142 1.025
201812 0.797 115.142 1.059
201903 -1.776 118.202 -2.298
201906 0.958 120.880 1.212
201909 0.709 123.175 0.880
201912 1.001 126.235 1.213
202003 0.589 124.705 0.722
202006 1.393 127.000 1.677
202009 1.057 130.118 1.242
202012 1.081 130.889 1.263
202103 0.054 131.771 0.063
202106 1.382 134.084 1.576
202109 1.573 135.847 1.771
202112 1.826 138.161 2.021
202203 -0.780 138.822 -0.859
202206 1.075 142.347 1.155
202209 0.939 144.661 0.993
202212 2.695 145.763 2.827
202303 2.378 146.865 2.476
202306 2.190 150.280 2.229
202309 2.047 151.492 2.066
202312 0.872 152.924 0.872

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.


Coral India Finance & Housing  (NSE:CORALFINAC) 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.


Coral India Finance & Housing Cyclically Adjusted PS Ratio Related Terms

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


Coral India Finance & Housing (NSE:CORALFINAC) Business Description

Traded in Other Exchanges
Address
Jamnalal Bajaj Marg, Dalamal House, 4th Floor, Nariman Point, Mumbai, MH, IND, 400021
Coral India Finance & Housing Ltd is a housing development company in India. The company is primarily engaged in two segments viz, Construction, development & maintenance of properties and related services, and Investment. The majority of its revenue is derived from the Investment segment. Some of its projects include Coral Heights and Coral Gardens.

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