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Pankaj Piyush Trade & Investments (BOM:506122) Cyclically Adjusted PS Ratio : 0.50 (As of May. 26, 2024)


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What is Pankaj Piyush Trade & Investments Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Pankaj Piyush Trade & Investments's current share price is ₹114.95. Pankaj Piyush Trade & Investments's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹231.84. Pankaj Piyush Trade & Investments's Cyclically Adjusted PS Ratio for today is 0.50.

The historical rank and industry rank for Pankaj Piyush Trade & Investments's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:506122' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.42   Max: 0.62
Current: 0.5

During the past years, Pankaj Piyush Trade & Investments's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.19. And the median was 0.42.

BOM:506122's Cyclically Adjusted PS Ratio is ranked better than
85.11% of 564 companies
in the Capital Markets industry
Industry Median: 3.235 vs BOM:506122: 0.50

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.

Pankaj Piyush Trade & Investments's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹8.388. 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 ₹231.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pankaj Piyush Trade & Investments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pankaj Piyush Trade & Investments'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.

Pankaj Piyush Trade & Investments Cyclically Adjusted PS Ratio Chart

Pankaj Piyush Trade & Investments 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 - - - - 0.31

Pankaj Piyush Trade & Investments 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 0.44 0.31 0.47 0.45 0.56

Competitive Comparison of Pankaj Piyush Trade & Investments's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Pankaj Piyush Trade & Investments'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.


Pankaj Piyush Trade & Investments's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pankaj Piyush Trade & Investments's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Pankaj Piyush Trade & Investments's Cyclically Adjusted PS Ratio falls into.



Pankaj Piyush Trade & Investments 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.

Pankaj Piyush Trade & Investments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=114.95/231.84
=0.50

* 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.

Pankaj Piyush Trade & Investments's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Pankaj Piyush Trade & Investments'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)
=8.388/152.9243*152.9243
=8.388

Current CPI (Dec. 2023) = 152.9243.

Pankaj Piyush Trade & Investments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 26.400 91.425 44.159
201406 86.575 94.103 140.691
201409 2.822 96.780 4.459
201412 7.660 96.780 12.104
201503 102.073 97.163 160.652
201506 101.165 99.841 154.953
201509 1.989 101.753 2.989
201512 29.005 102.901 43.105
201603 40.138 102.518 59.873
201606 23.675 105.961 34.168
201609 23.675 105.961 34.168
201612 0.000 105.196 0.000
201703 132.090 105.196 192.020
201706 13.210 107.109 18.861
201709 13.250 109.021 18.586
201712 82.325 109.404 115.074
201803 161.340 109.786 224.735
201806 194.613 111.317 267.355
201809 25.743 115.142 34.190
201812 14.288 115.142 18.976
201903 52.249 118.202 67.597
201906 14.078 120.880 17.810
201909 20.518 123.175 25.474
201912 15.473 126.235 18.744
202003 60.036 124.705 73.621
202006 8.210 127.000 9.886
202009 166.083 130.118 195.193
202012 27.318 130.889 31.917
202103 47.201 131.771 54.778
202106 12.195 134.084 13.909
202109 18.345 135.847 20.651
202112 10.193 138.161 11.282
202203 10.288 138.822 11.333
202206 9.355 142.347 10.050
202209 8.068 144.661 8.529
202212 20.048 145.763 21.033
202303 55.868 146.865 58.173
202306 9.773 150.280 9.945
202309 10.948 151.492 11.052
202312 8.388 152.924 8.388

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.


Pankaj Piyush Trade & Investments  (BOM:506122) 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.


Pankaj Piyush Trade & Investments Cyclically Adjusted PS Ratio Related Terms

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Pankaj Piyush Trade & Investments (BOM:506122) Business Description

Traded in Other Exchanges
N/A
Address
304, Building No. 61, Vijay Block, Laxmi Nagar, New Delhi, IND, 110092
Pankaj Piyush Trade & Investments Ltd is an Indian financial and investment company. It is engaged in the activity of investing capital and other finances of the firm in the purchase and sale of shares, stocks, units, debentures, debenture-stock, bonds, mortgages, obligations, and securities issued or guaranteed by any company. The business has three reportable segments; trading in shares /securities, fabric, and loan financing. Substantial revenue accrues from the financing of loans.

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