GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dhanlaxmi Bank Ltd (NSE:DHANBANK) » Definitions » Cyclically Adjusted PS Ratio

Dhanlaxmi Bank (NSE:DHANBANK) Cyclically Adjusted PS Ratio : 1.49 (As of Jun. 05, 2025)


View and export this data going back to 2004. Start your Free Trial

What is Dhanlaxmi Bank Cyclically Adjusted PS Ratio?

As of today (2025-06-05), Dhanlaxmi Bank's current share price is ₹32.02. Dhanlaxmi Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹21.52. Dhanlaxmi Bank's Cyclically Adjusted PS Ratio for today is 1.49.

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

NSE:DHANBANK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.52   Max: 1.92
Current: 1.46

During the past years, Dhanlaxmi Bank's highest Cyclically Adjusted PS Ratio was 1.92. The lowest was 0.26. And the median was 0.52.

NSE:DHANBANK's Cyclically Adjusted PS Ratio is ranked better than
81.69% of 1245 companies
in the Banks industry
Industry Median: 2.72 vs NSE:DHANBANK: 1.46

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.

Dhanlaxmi Bank's adjusted revenue per share data for the three months ended in Mar. 2025 was ₹4.839. 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 ₹21.52 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dhanlaxmi Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dhanlaxmi Bank'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.

Dhanlaxmi Bank Cyclically Adjusted PS Ratio Chart

Dhanlaxmi Bank Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.40 0.52 1.51 1.38

Dhanlaxmi Bank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.51 1.54 1.38 1.41 1.38

Competitive Comparison of Dhanlaxmi Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Dhanlaxmi Bank'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.


Dhanlaxmi Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Dhanlaxmi Bank's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


;
;

Dhanlaxmi Bank 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.

Dhanlaxmi Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.02/21.52
=1.49

* 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.

Dhanlaxmi Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Dhanlaxmi Bank's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.839/157.5517*157.5517
=4.839

Current CPI (Mar. 2025) = 157.5517.

Dhanlaxmi Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 4.507 99.841 7.112
201509 4.810 101.753 7.448
201512 3.822 102.901 5.852
201603 4.632 102.518 7.119
201606 4.797 105.961 7.133
201609 4.853 105.961 7.216
201612 3.846 105.196 5.760
201703 4.369 105.196 6.543
201706 4.383 107.109 6.447
201709 3.664 109.021 5.295
201712 3.382 109.404 4.870
201803 3.709 109.786 5.323
201806 3.131 111.317 4.431
201809 2.801 115.142 3.833
201812 3.803 115.142 5.204
201903 4.014 118.202 5.350
201906 3.393 120.880 4.422
201909 3.969 123.175 5.077
201912 4.221 126.235 5.268
202003 4.158 124.705 5.253
202006 3.868 127.000 4.798
202009 3.004 130.118 3.637
202012 4.583 130.889 5.517
202103 2.957 131.771 3.536
202106 3.471 134.084 4.078
202109 3.984 135.847 4.621
202112 4.163 138.161 4.747
202203 5.390 138.822 6.117
202206 3.055 142.347 3.381
202209 4.476 144.661 4.875
202212 5.224 145.763 5.647
202303 4.941 146.865 5.301
202306 5.485 150.280 5.750
202309 4.655 151.492 4.841
202312 5.890 152.924 6.068
202403 5.104 153.035 5.255
202406 4.282 155.789 4.330
202409 5.533 157.882 5.521
202412 6.701 158.323 6.668
202503 4.839 157.552 4.839

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.


Dhanlaxmi Bank  (NSE:DHANBANK) 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.


Dhanlaxmi Bank Cyclically Adjusted PS Ratio Related Terms

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


Dhanlaxmi Bank Business Description

Traded in Other Exchanges
Address
Punkunnam, Thrissur, Thrissur, KL, IND, 680 002
Dhanlaxmi Bank Ltd provides various banking and financial services in India. The bank operates through four segments. Its Treasury operations segment consists of interest earnings on the investment portfolio of the bank, gains or losses on investment operations, and earnings from foreign exchange business. The Corporate and wholesale banking segment offers loans and other banking services to the corporate segment. Its Retail Banking segment renders loans and other banking services to non-corporate customers. The Other banking operations segment includes income from para-banking activities such as debit cards, third-party product distribution, and associated costs. All the operations of the bank are located in India. The retail banking segment generates the highest revenue.

Dhanlaxmi Bank Headlines

No Headlines