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GIC Housing Finance (BOM:511676) Cyclically Adjusted PS Ratio : 0.85 (As of Jun. 08, 2024)


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What is GIC Housing Finance Cyclically Adjusted PS Ratio?

As of today (2024-06-08), GIC Housing Finance's current share price is ₹215.45. GIC Housing Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹252.58. GIC Housing Finance's Cyclically Adjusted PS Ratio for today is 0.85.

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

BOM:511676' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.72   Max: 1.12
Current: 0.82

During the past years, GIC Housing Finance's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.50. And the median was 0.72.

BOM:511676's Cyclically Adjusted PS Ratio is ranked better than
90.35% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs BOM:511676: 0.82

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.

GIC Housing Finance's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹47.855. 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 ₹252.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GIC Housing Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GIC Housing Finance'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.

GIC Housing Finance Cyclically Adjusted PS Ratio Chart

GIC Housing Finance 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 - - 0.58 0.64 0.80

GIC Housing Finance 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 0.64 0.75 0.83 0.85 0.80

Competitive Comparison of GIC Housing Finance's Cyclically Adjusted PS Ratio

For the Mortgage Finance subindustry, GIC Housing Finance'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.


GIC Housing Finance's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, GIC Housing Finance's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GIC Housing Finance 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.

GIC Housing Finance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=215.45/252.58
=0.85

* 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.

GIC Housing Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, GIC Housing Finance'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)
=47.855/153.0345*153.0345
=47.855

Current CPI (Mar. 2024) = 153.0345.

GIC Housing Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 31.248 94.103 50.817
201409 33.172 96.780 52.453
201412 34.483 96.780 54.526
201503 36.821 97.163 57.994
201506 37.893 99.841 58.082
201509 39.981 101.753 60.130
201512 41.232 102.901 61.320
201603 43.280 102.518 64.606
201606 43.507 105.961 62.835
201609 45.843 105.961 66.209
201612 46.931 105.196 68.273
201703 49.426 105.196 71.903
201706 50.883 107.109 72.700
201709 50.083 109.021 70.302
201712 51.206 109.404 71.627
201803 55.015 109.786 76.687
201806 54.161 111.317 74.459
201809 55.917 115.142 74.319
201812 56.735 115.142 75.406
201903 60.583 118.202 78.436
201906 57.499 120.880 72.794
201909 57.914 123.175 71.953
201912 57.985 126.235 70.295
202003 58.098 124.705 71.296
202006 56.809 127.000 68.454
202009 58.541 130.118 68.851
202012 57.747 130.889 67.517
202103 53.594 131.771 62.243
202106 50.632 134.084 57.788
202109 54.850 135.847 61.790
202112 53.749 138.161 59.535
202203 52.395 138.822 57.759
202206 50.571 142.347 54.368
202209 51.233 144.661 54.199
202212 51.753 145.763 54.335
202303 51.438 146.865 53.599
202306 49.388 150.280 50.293
202309 48.966 151.492 49.465
202312 48.251 152.924 48.286
202403 47.855 153.035 47.855

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.


GIC Housing Finance  (BOM:511676) 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.


GIC Housing Finance Cyclically Adjusted PS Ratio Related Terms

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


GIC Housing Finance (BOM:511676) Business Description

Traded in Other Exchanges
Address
14, Jamshedji Tata Road, 6th Floor, National Insurance Building, Churchgate, Mumbai, MH, IND, 400 020
GIC Housing Finance Ltd is a specialty finance firm located in India. It was formed with the objective of entering the field of direct lending to individuals and other corporates to accelerate housing activities in India. The primary activity of the company is granting housing loans to individuals and to persons/entities involved in the construction of houses for residential purposes. The company is exclusively engaged in the housing finance business and revenues are mainly derived from this activity. It operates in a single business segment that is financing.

GIC Housing Finance (BOM:511676) Headlines

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