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Freedom Holding (STU:DMW2) Cyclically Adjusted PS Ratio : 9.50 (As of Jun. 22, 2024)


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What is Freedom Holding Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Freedom Holding's current share price is €74.00. Freedom Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.79. Freedom Holding's Cyclically Adjusted PS Ratio for today is 9.50.

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

STU:DMW2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 11.06   Max: 36.91
Current: 9.42

During the past years, Freedom Holding's highest Cyclically Adjusted PS Ratio was 36.91. The lowest was 0.01. And the median was 11.06.

STU:DMW2's Cyclically Adjusted PS Ratio is ranked worse than
79.47% of 604 companies
in the Capital Markets industry
Industry Median: 3.12 vs STU:DMW2: 9.42

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.

Freedom Holding's adjusted revenue per share data for the three months ended in Mar. 2024 was €7.491. 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 €7.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Freedom Holding Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Freedom Holding'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.

Freedom Holding Cyclically Adjusted PS Ratio Chart

Freedom Holding 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 13.69 24.48 14.52 12.85 8.22

Freedom Holding 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 12.85 13.06 12.13 10.50 8.22

Competitive Comparison of Freedom Holding's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Freedom Holding'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.


Freedom Holding's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Freedom Holding's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Freedom Holding 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.

Freedom Holding's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.00/7.79
=9.50

* 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.

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

For example, Freedom Holding'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)
=7.491/131.7762*131.7762
=7.491

Current CPI (Mar. 2024) = 131.7762.

Freedom Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 0.003 101.688 0.004
201609 0.016 101.861 0.021
201612 0.010 101.863 0.013
201703 0.034 102.862 0.044
201706 0.025 103.349 0.032
201709 0.943 104.136 1.193
201712 -0.023 104.011 -0.029
201803 0.131 105.290 0.164
201806 0.109 106.317 0.135
201809 0.258 106.507 0.319
201812 0.398 105.998 0.495
201903 0.342 107.251 0.420
201906 0.444 108.070 0.541
201909 0.514 108.329 0.625
201912 0.456 108.420 0.554
202003 -0.134 108.902 -0.162
202006 0.857 108.767 1.038
202009 1.012 109.815 1.214
202012 1.102 109.897 1.321
202103 2.580 111.754 3.042
202106 1.732 114.631 1.991
202109 4.535 115.734 5.164
202112 1.844 117.630 2.066
202203 2.589 121.301 2.813
202206 2.741 125.017 2.889
202209 2.954 125.227 3.109
202212 2.241 125.222 2.358
202303 4.631 127.348 4.792
202306 4.879 128.729 4.995
202309 6.661 129.860 6.759
202312 6.670 129.419 6.791
202403 7.491 131.776 7.491

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.


Freedom Holding  (STU:DMW2) 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.


Freedom Holding Cyclically Adjusted PS Ratio Related Terms

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


Freedom Holding (STU:DMW2) Business Description

Traded in Other Exchanges
Address
No. 77-7 Al Farabi Avenue, Esentai Tower BC, Floor 7, Almaty, KAZ, 050040
Freedom Holding Corp is engaged in a broad range of activities in the securities industry, including retail securities brokerage, research, investment counseling, securities trading, market making, corporate investment banking, and underwriting services in Eurasia. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its geographical segments are Central Asia, Europe, the United States, and the Middle East/Caucasus, of which Europe accounts for the majority of its revenue.

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