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Vakrangee (NSE:VAKRANGEE) Cyclically Adjusted PS Ratio : 0.93 (As of Apr. 28, 2024)


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What is Vakrangee Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Vakrangee's current share price is ₹25.55. Vakrangee's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹27.57. Vakrangee's Cyclically Adjusted PS Ratio for today is 0.93.

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

NSE:VAKRANGEE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.91   Max: 1.95
Current: 0.93

During the past years, Vakrangee's highest Cyclically Adjusted PS Ratio was 1.95. The lowest was 0.53. And the median was 0.91.

NSE:VAKRANGEE's Cyclically Adjusted PS Ratio is ranked better than
68.48% of 1412 companies
in the Software industry
Industry Median: 1.87 vs NSE:VAKRANGEE: 0.93

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.

Vakrangee's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.415. 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 ₹27.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vakrangee Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vakrangee'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.

Vakrangee Cyclically Adjusted PS Ratio Chart

Vakrangee 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 - - 1.66 1.09 0.53

Vakrangee 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 0.90 0.53 0.57 0.62 0.69

Competitive Comparison of Vakrangee's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Vakrangee'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.


Vakrangee's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Vakrangee 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.

Vakrangee's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.55/27.57
=0.93

* 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.

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

For example, Vakrangee'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)
=0.415/153.2548*153.2548
=0.415

Current CPI (Dec. 2023) = 153.2548.

Vakrangee Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.442 91.425 10.799
201406 6.631 94.103 10.799
201409 6.890 96.780 10.911
201412 6.602 96.780 10.454
201503 6.640 97.163 10.473
201506 6.629 99.841 10.175
201509 7.410 101.753 11.161
201512 7.681 102.901 11.440
201603 8.478 102.518 12.674
201606 8.647 105.961 12.506
201609 9.032 105.961 13.063
201612 9.227 105.196 13.442
201703 10.815 105.196 15.756
201706 12.319 107.109 17.626
201709 14.625 109.021 20.559
201712 16.880 109.404 23.646
201803 17.506 109.786 24.437
201806 9.248 111.317 12.732
201809 3.076 115.142 4.094
201812 1.044 115.142 1.390
201903 0.906 118.202 1.175
201906 1.136 120.880 1.440
201909 1.537 123.175 1.912
201912 1.858 126.235 2.256
202003 1.926 124.705 2.367
202006 0.628 127.000 0.758
202009 0.686 130.118 0.808
202012 0.708 130.889 0.829
202103 0.926 131.771 1.077
202106 1.453 134.084 1.661
202109 1.937 135.847 2.185
202112 1.850 138.161 2.052
202203 -3.550 138.822 -3.919
202206 0.457 142.347 0.492
202209 0.460 144.661 0.487
202212 0.464 145.763 0.488
202303 0.481 146.865 0.502
202306 0.525 150.280 0.535
202309 0.486 151.492 0.492
202312 0.415 153.255 0.415

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.


Vakrangee  (NSE:VAKRANGEE) 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.


Vakrangee Cyclically Adjusted PS Ratio Related Terms

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


Vakrangee (NSE:VAKRANGEE) Business Description

Industry
Traded in Other Exchanges
Address
Plot No. 93, Road No. 16, Vakrangee Corporate House, M.I.D.C. Marol, Andheri (East), Mumbai, MH, IND, 400093
Vakrangee Ltd is an India-based provider of technology solutions. Vakrangee Kendra offers banking, financial services, and insurance (BFSI) services including data verification, e-commerce services, direct benefit transfer, and pension transactions. The firm operates in India.

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