GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » India Lease Development Ltd (BOM:500202) » Definitions » Cyclically Adjusted PS Ratio

India Lease Development (BOM:500202) Cyclically Adjusted PS Ratio : 25.48 (As of Apr. 28, 2024)


View and export this data going back to 2000. Start your Free Trial

What is India Lease Development Cyclically Adjusted PS Ratio?

As of today (2024-04-28), India Lease Development's current share price is ₹10.19. India Lease Development's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹0.40. India Lease Development's Cyclically Adjusted PS Ratio for today is 25.48.

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

BOM:500202' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.47   Med: 22.09   Max: 37.58
Current: 24.86

During the past years, India Lease Development's highest Cyclically Adjusted PS Ratio was 37.58. The lowest was 12.47. And the median was 22.09.

BOM:500202's Cyclically Adjusted PS Ratio is ranked worse than
92.92% of 367 companies
in the Credit Services industry
Industry Median: 2.87 vs BOM:500202: 24.86

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.

India Lease Development's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.093. 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 ₹0.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


India Lease Development Cyclically Adjusted PS Ratio Historical Data

The historical data trend for India Lease Development'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.

India Lease Development Cyclically Adjusted PS Ratio Chart

India Lease Development 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 - - 36.19 36.89 16.58

India Lease Development 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 21.63 16.58 16.17 16.58 29.27

Competitive Comparison of India Lease Development's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, India Lease Development'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.


India Lease Development's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where India Lease Development's Cyclically Adjusted PS Ratio falls into.



India Lease Development 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.

India Lease Development's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.19/0.4
=25.48

* 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.

India Lease Development's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, India Lease Development'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)
=0.093/153.2548*153.2548
=0.093

Current CPI (Dec. 2023) = 153.2548.

India Lease Development Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.039 91.425 0.065
201406 0.000 94.103 0.000
201409 0.002 96.780 0.003
201412 0.000 96.780 0.000
201503 0.018 97.163 0.028
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 0.000 102.518 0.000
201606 0.000 105.961 0.000
201609 0.009 105.961 0.013
201612 0.000 105.196 0.000
201703 0.001 105.196 0.001
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.000 109.786 0.000
201806 0.000 111.317 0.000
201809 0.104 115.142 0.138
201812 0.133 115.142 0.177
201903 0.128 118.202 0.166
201906 0.117 120.880 0.148
201909 0.112 123.175 0.139
201912 0.113 126.235 0.137
202003 0.107 124.705 0.131
202006 0.107 127.000 0.129
202009 0.139 130.118 0.164
202012 0.122 130.889 0.143
202103 0.076 131.771 0.088
202106 0.162 134.084 0.185
202109 0.144 135.847 0.162
202112 0.099 138.161 0.110
202203 -0.058 138.822 -0.064
202206 0.075 142.347 0.081
202209 0.085 144.661 0.090
202212 0.087 145.763 0.091
202303 0.100 146.865 0.104
202306 0.081 150.280 0.083
202309 0.100 151.492 0.101
202312 0.093 153.255 0.093

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.


India Lease Development  (BOM:500202) 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.


India Lease Development Cyclically Adjusted PS Ratio Related Terms

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


India Lease Development (BOM:500202) Business Description

Traded in Other Exchanges
N/A
Address
4/17-B, Asaf Ali Road, MGF House, New Delhi, IND, 110002
India Lease Development Ltd is a non-banking finance company. The company provides finance by way of hire purchase and leasing operations. It derives revenue from Interest Income.

India Lease Development (BOM:500202) Headlines

No Headlines