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V B Desai Financial Services (BOM:511110) Cyclically Adjusted PS Ratio : 3.57 (As of Jun. 07, 2024)


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What is V B Desai Financial Services Cyclically Adjusted PS Ratio?

As of today (2024-06-07), V B Desai Financial Services's current share price is ₹18.30. V B Desai Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹5.13. V B Desai Financial Services's Cyclically Adjusted PS Ratio for today is 3.57.

The historical rank and industry rank for V B Desai Financial Services's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:511110' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 2.08   Max: 3.77
Current: 3.24

During the past years, V B Desai Financial Services's highest Cyclically Adjusted PS Ratio was 3.77. The lowest was 0.75. And the median was 2.08.

BOM:511110's Cyclically Adjusted PS Ratio is ranked worse than
51.77% of 593 companies
in the Capital Markets industry
Industry Median: 3.08 vs BOM:511110: 3.24

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.

V B Desai Financial Services's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹2.236. 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 ₹5.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


V B Desai Financial Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for V B Desai Financial Services'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.

V B Desai Financial Services Cyclically Adjusted PS Ratio Chart

V B Desai Financial Services 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 - 0.92 3.01 1.85 3.24

V B Desai Financial Services 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 1.85 1.79 2.00 3.05 3.24

Competitive Comparison of V B Desai Financial Services's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, V B Desai Financial Services'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.


V B Desai Financial Services's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where V B Desai Financial Services's Cyclically Adjusted PS Ratio falls into.



V B Desai Financial Services 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.

V B Desai Financial Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.30/5.13
=3.57

* 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.

V B Desai Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, V B Desai Financial Services'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)
=2.236/153.0345*153.0345
=2.236

Current CPI (Mar. 2024) = 153.0345.

V B Desai Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.610 94.103 0.992
201409 0.657 96.780 1.039
201412 0.590 96.780 0.933
201503 0.891 97.163 1.403
201506 0.608 99.841 0.932
201509 0.446 101.753 0.671
201512 0.656 102.901 0.976
201603 1.071 102.518 1.599
201606 0.439 105.961 0.634
201609 0.421 105.961 0.608
201612 0.616 105.196 0.896
201703 0.900 105.196 1.309
201706 0.646 107.109 0.923
201709 0.833 109.021 1.169
201712 0.306 109.404 0.428
201803 0.861 109.786 1.200
201806 0.918 111.317 1.262
201809 1.082 115.142 1.438
201812 0.961 115.142 1.277
201903 1.164 118.202 1.507
201906 1.121 120.880 1.419
201909 1.399 123.175 1.738
201912 1.345 126.235 1.631
202003 0.895 124.705 1.098
202006 1.528 127.000 1.841
202009 1.034 130.118 1.216
202012 0.569 130.889 0.665
202103 1.125 131.771 1.307
202106 1.728 134.084 1.972
202109 1.725 135.847 1.943
202112 1.171 138.161 1.297
202203 1.259 138.822 1.388
202206 1.464 142.347 1.574
202209 1.635 144.661 1.730
202212 1.109 145.763 1.164
202303 1.226 146.865 1.278
202306 1.786 150.280 1.819
202309 1.074 151.492 1.085
202312 1.683 152.924 1.684
202403 2.236 153.035 2.236

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.


V B Desai Financial Services  (BOM:511110) 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.


V B Desai Financial Services Cyclically Adjusted PS Ratio Related Terms

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V B Desai Financial Services (BOM:511110) Business Description

Traded in Other Exchanges
N/A
Address
24/26 Dalai Street, Cama Building, 1st Floor, Fort, Mumbai, MH, IND, 400001
V B Desai Financial Services Ltd is an Indian company providing merchant banking services. The company is engaged in offering financial and advisory services. It provides services like Share Valuation, (Employee Stock Option Plan) ESOP Valuation, ESOP Advisory, merger and acquisition, to act as Manager in Buyback of shares and Acquisition, Takeover of Listed Companies and Initial Public Offerings, etc.

V B Desai Financial Services (BOM:511110) Headlines

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