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Silver Touch Technologies (NSE:SILVERTUC) Cyclically Adjusted PS Ratio : 5.04 (As of May. 22, 2024)


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What is Silver Touch Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Silver Touch Technologies's current share price is ₹777.40. Silver Touch Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹154.24. Silver Touch Technologies's Cyclically Adjusted PS Ratio for today is 5.04.

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

NSE:SILVERTUC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.14   Max: 5.11
Current: 5.11

During the past 11 years, Silver Touch Technologies's highest Cyclically Adjusted PS Ratio was 5.11. The lowest was 1.34. And the median was 2.14.

NSE:SILVERTUC's Cyclically Adjusted PS Ratio is ranked worse than
76.82% of 1445 companies
in the Software industry
Industry Median: 1.87 vs NSE:SILVERTUC: 5.11

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.

Silver Touch Technologies's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹129.156. 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 ₹154.24 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silver Touch Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Silver Touch Technologies'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.

Silver Touch Technologies Cyclically Adjusted PS Ratio Chart

Silver Touch Technologies 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 - - - 1.41 2.37

Silver Touch Technologies Quarterly Data
Mar17 Jun17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 - 2.37 - - -

Competitive Comparison of Silver Touch Technologies's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Silver Touch Technologies'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.


Silver Touch Technologies's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Silver Touch Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Silver Touch Technologies's Cyclically Adjusted PS Ratio falls into.



Silver Touch Technologies 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.

Silver Touch Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=777.40/154.24
=5.04

* 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.

Silver Touch Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Silver Touch Technologies's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=129.156/146.8646*146.8646
=129.156

Current CPI (Mar23) = 146.8646.

Silver Touch Technologies Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 86.562 91.425 139.053
201503 92.774 97.163 140.231
201603 111.383 102.518 159.564
201703 97.629 105.196 136.300
201803 154.028 109.786 206.048
201903 166.518 118.202 206.896
202003 149.704 124.705 176.306
202103 118.946 131.771 132.571
202203 109.932 138.822 116.301
202303 129.156 146.865 129.156

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.


Silver Touch Technologies  (NSE:SILVERTUC) 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.


Silver Touch Technologies Cyclically Adjusted PS Ratio Related Terms

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


Silver Touch Technologies (NSE:SILVERTUC) Business Description

Traded in Other Exchanges
Address
2nd Floor, Saffron Tower, Near Panchwati Circle, Ambawadi, Ahmedabad, GJ, IND, 380006
Silver Touch Technologies Ltd provides information technology (IT) solutions in India and internationally. The company provides solutions including Software Development, Offshoring, IT Infrastructure, Web Modernization, Workforce portability, and Mobile App development. The company also provides consulting services which include Information security, Content management, Product development, and Cloud computing. It caters its services to India and the international market and generates revenue from the same.

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