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R S Software (India) (NSE:RSSOFTWARE) Cyclically Adjusted PB Ratio : 3.03 (As of May. 26, 2024)


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What is R S Software (India) Cyclically Adjusted PB Ratio?

As of today (2024-05-26), R S Software (India)'s current share price is ₹201.65. R S Software (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹66.60. R S Software (India)'s Cyclically Adjusted PB Ratio for today is 3.03.

The historical rank and industry rank for R S Software (India)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:RSSOFTWARE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.47   Max: 4.3
Current: 3.03

During the past years, R S Software (India)'s highest Cyclically Adjusted PB Ratio was 4.30. The lowest was 0.29. And the median was 0.47.

NSE:RSSOFTWARE's Cyclically Adjusted PB Ratio is ranked worse than
61.7% of 1355 companies
in the Software industry
Industry Median: 2.61 vs NSE:RSSOFTWARE: 3.03

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

R S Software (India)'s adjusted book value per share data for the three months ended in Mar. 2024 was ₹18.923. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹66.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


R S Software (India) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for R S Software (India)'s Cyclically Adjusted PB 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.

R S Software (India) Cyclically Adjusted PB Ratio Chart

R S Software (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.37 0.29 2.83

R S Software (India) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 0.29 0.48 0.66 0.83 2.83

Competitive Comparison of R S Software (India)'s Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, R S Software (India)'s Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


R S Software (India)'s Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, R S Software (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where R S Software (India)'s Cyclically Adjusted PB Ratio falls into.



R S Software (India) Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

R S Software (India)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=201.65/66.6
=3.03

* 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.

R S Software (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, R S Software (India)'s adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.923/153.0345*153.0345
=18.923

Current CPI (Mar. 2024) = 153.0345.

R S Software (India) Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 78.713 96.780 124.465
201412 0.000 96.780 0.000
201503 83.023 97.163 130.764
201506 0.000 99.841 0.000
201509 95.527 101.753 143.670
201512 0.000 102.901 0.000
201603 89.237 102.518 133.209
201606 0.000 105.961 0.000
201609 85.490 105.961 123.469
201612 0.000 105.196 0.000
201703 83.094 105.196 120.881
201706 0.000 107.109 0.000
201709 79.286 109.021 111.295
201712 0.000 109.404 0.000
201803 73.091 109.786 101.884
201806 0.000 111.317 0.000
201809 67.766 115.142 90.067
201812 65.787 115.142 87.437
201903 61.899 118.202 80.140
201906 0.000 120.880 0.000
201909 54.936 123.175 68.253
201912 0.000 126.235 0.000
202003 29.209 124.705 35.844
202006 0.000 127.000 0.000
202009 25.693 130.118 30.218
202012 0.000 130.889 0.000
202103 21.208 131.771 24.630
202106 0.000 134.084 0.000
202109 20.530 135.847 23.127
202112 0.000 138.161 0.000
202203 15.085 138.822 16.629
202206 0.000 142.347 0.000
202209 11.703 144.661 12.380
202212 0.000 145.763 0.000
202303 11.775 146.865 12.270
202306 12.442 150.280 12.670
202309 13.186 151.492 13.320
202312 16.323 152.924 16.335
202403 18.923 153.035 18.923

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


R S Software (India)  (NSE:RSSOFTWARE) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


R S Software (India) Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of R S Software (India)'s Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


R S Software (India) (NSE:RSSOFTWARE) Business Description

Traded in Other Exchanges
Address
A-2, 234/3A, Acharya Jagadish Chandra Bose Road, 1st Floor, FMC Fortuna, Kolkata, WB, IND, 700 020
R S Software (India) Ltd is engaged in providing technology solutions to the electronic payments industry. The company serves Networks; Processors; Banks; Merchants; Payment Service Provider and National Payments Infrastructure industries. It is engaged in the development and maintenance of computer software and other related services for its clients based in different geographies. The company operates in the United States, Japan, and Rest of the World of which it derives a majority of its revenue from India. Some of its products include RS RTPS; RS RTPS - DOSL; RS RTP - Connect; RS BillAbhi - Central and others.

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