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Mphasis (BOM:526299) Cyclically Adjusted PS Ratio : 4.30 (As of Jun. 07, 2024)


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What is Mphasis Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Mphasis's current share price is ₹2436.95. Mphasis's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹566.73. Mphasis's Cyclically Adjusted PS Ratio for today is 4.30.

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

BOM:526299' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.71   Med: 4.15   Max: 7.65
Current: 4.03

During the past years, Mphasis's highest Cyclically Adjusted PS Ratio was 7.65. The lowest was 1.71. And the median was 4.15.

BOM:526299's Cyclically Adjusted PS Ratio is ranked worse than
72.21% of 1461 companies
in the Software industry
Industry Median: 1.82 vs BOM:526299: 4.03

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 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.

Mphasis's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹179.356. 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 ₹566.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mphasis Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mphasis'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.

Mphasis Cyclically Adjusted PS Ratio Chart

Mphasis 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 1.69 4.18 7.22 3.43 4.21

Mphasis 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 3.43 3.50 4.31 4.89 4.21

Competitive Comparison of Mphasis's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Mphasis'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.


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

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

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



Mphasis 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2436.95/566.73
=4.30

* 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.

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

For example, Mphasis'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)
=179.356/153.0345*153.0345
=179.356

Current CPI (Mar. 2024) = 153.0345.

Mphasis Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 70.846 94.103 115.213
201409 69.677 96.780 110.177
201412 67.071 96.780 106.056
201503 67.910 97.163 106.960
201506 77.125 99.841 118.216
201509 74.014 101.753 111.315
201512 71.994 102.901 107.070
201603 72.194 102.518 107.768
201606 72.126 105.961 104.168
201609 72.085 105.961 104.109
201612 72.913 105.196 106.071
201703 71.501 105.196 104.017
201706 74.504 107.109 106.450
201709 82.958 109.021 116.449
201712 85.606 109.404 119.746
201803 89.694 109.786 125.027
201806 93.227 111.317 128.166
201809 97.889 115.142 130.104
201812 101.110 115.142 134.385
201903 107.893 118.202 139.687
201906 109.791 120.880 138.996
201909 114.813 123.175 142.645
201912 121.201 126.235 146.931
202003 125.028 124.705 153.431
202006 122.015 127.000 147.027
202009 129.167 130.118 151.916
202012 130.892 130.889 153.038
202103 133.059 131.771 154.531
202106 141.874 134.084 161.925
202109 150.916 135.847 170.010
202112 164.623 138.161 182.346
202203 172.640 138.822 190.315
202206 179.696 142.347 193.187
202209 185.890 144.661 196.650
202212 185.231 145.763 194.472
202303 177.223 146.865 184.668
202306 171.858 150.280 175.008
202309 172.373 151.492 174.128
202312 175.474 152.924 175.600
202403 179.356 153.035 179.356

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.


Mphasis  (BOM:526299) 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.


Mphasis Cyclically Adjusted PS Ratio Related Terms

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


Mphasis (BOM:526299) Business Description

Industry
Traded in Other Exchanges
Address
Marathalli Outer Ring Road, Bagmane World Technology Center, Doddanakhundi Village, Mahadevapura, Bengaluru, KA, IND, 560 048
Mphasis Ltd is an IT solutions provider which offers application development and integration, business process outsourcing, and infrastructure services such as architecture guidance. The company was formed after the merger of the U.S.-based IT consulting company Mphasis and the Indian IT services company BFL Software. Mphasis serves clients in the financial services, healthcare, telecom, retail, logistics, and technology industries. Mphasis has more than 30 offices globally, with delivery centers in India, Sri Lanka, China, Australia, Japan, North America, and Europe. The company operates through four primary segments: banking and financial services, insurance, technology media and telecom, logistics and transportation, and others.

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