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Indo Credit Capital (BOM:526887) Cyclically Adjusted PS Ratio : (As of Jun. 03, 2024)


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What is Indo Credit Capital Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Indo Credit Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Indo Credit Capital'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.

Indo Credit Capital Cyclically Adjusted PS Ratio Chart

Indo Credit Capital 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 - - 2.42 9.53 9.75

Indo Credit Capital 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 - 9.75 8.52 - -

Competitive Comparison of Indo Credit Capital's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Indo Credit Capital'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.


Indo Credit Capital's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indo Credit Capital's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Indo Credit Capital 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.

Indo Credit Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Indo Credit Capital'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)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Indo Credit Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.012 91.425 0.020
201406 0.010 94.103 0.016
201409 0.036 96.780 0.057
201412 0.020 96.780 0.032
201503 0.036 97.163 0.057
201506 0.015 99.841 0.023
201509 0.039 101.753 0.059
201512 0.076 102.901 0.113
201603 0.046 102.518 0.069
201606 0.066 105.961 0.095
201609 0.047 105.961 0.068
201612 0.000 105.196 0.000
201703 0.005 105.196 0.007
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.034 109.786 0.047
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.111 118.202 0.144
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 0.047 124.705 0.058
202006 0.000 127.000 0.000
202009 0.001 130.118 0.001
202012 0.000 130.889 0.000
202103 0.073 131.771 0.085
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.055 138.822 0.061
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.063 146.865 0.066
202306 0.002 150.280 0.002
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000

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.


Indo Credit Capital  (BOM:526887) 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.


Indo Credit Capital Cyclically Adjusted PS Ratio Related Terms

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Indo Credit Capital (BOM:526887) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, 304, Kaling, Near Mount Carmel School, Behind Bata Show Room, Ahmedabad, GJ, IND, 380 009
Indo Credit Capital Ltd is an India-based non-banking financial company engaged in the business of finance and investments. It acts as a merchant banker, advisor, manager, registrar, share transfer agent, project appraiser, underwriter, portfolio manager, broker, and as agent of saving schemes. It also assists in financing a variety of lease operations, hire purchases, and investment companies as well as deals in shares, securities, bonds, and debentures. Geographically, it operates in India.

Indo Credit Capital (BOM:526887) Headlines

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