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Dhanvantri Jeevan Rekha (BOM:531043) Cyclically Adjusted PS Ratio : 0.41 (As of Jun. 09, 2024)


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What is Dhanvantri Jeevan Rekha Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Dhanvantri Jeevan Rekha's current share price is ₹17.73. Dhanvantri Jeevan Rekha's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹43.63. Dhanvantri Jeevan Rekha's Cyclically Adjusted PS Ratio for today is 0.41.

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

BOM:531043' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.33   Max: 0.62
Current: 0.41

During the past years, Dhanvantri Jeevan Rekha's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.16. And the median was 0.33.

BOM:531043's Cyclically Adjusted PS Ratio is ranked better than
79.36% of 344 companies
in the Healthcare Providers & Services industry
Industry Median: 1.19 vs BOM:531043: 0.41

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.

Dhanvantri Jeevan Rekha's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹13.590. 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 ₹43.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dhanvantri Jeevan Rekha Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dhanvantri Jeevan Rekha'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.

Dhanvantri Jeevan Rekha Cyclically Adjusted PS Ratio Chart

Dhanvantri Jeevan Rekha 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 - 0.24 0.47 0.33 0.56

Dhanvantri Jeevan Rekha 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 0.33 0.30 0.27 0.32 0.56

Competitive Comparison of Dhanvantri Jeevan Rekha's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Dhanvantri Jeevan Rekha'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.


Dhanvantri Jeevan Rekha's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dhanvantri Jeevan Rekha's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Dhanvantri Jeevan Rekha 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.

Dhanvantri Jeevan Rekha's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.73/43.63
=0.41

* 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.

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

For example, Dhanvantri Jeevan Rekha'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)
=13.59/153.0345*153.0345
=13.590

Current CPI (Mar. 2024) = 153.0345.

Dhanvantri Jeevan Rekha Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.851 94.103 7.889
201409 4.800 96.780 7.590
201412 4.797 96.780 7.585
201503 4.984 97.163 7.850
201506 4.961 99.841 7.604
201509 0.000 101.753 0.000
201512 5.553 102.901 8.258
201603 6.564 102.518 9.798
201606 5.496 105.961 7.938
201609 5.508 105.961 7.955
201612 7.921 105.196 11.523
201703 8.217 105.196 11.954
201706 7.431 107.109 10.617
201709 7.345 109.021 10.310
201712 10.688 109.404 14.950
201803 9.776 109.786 13.627
201806 8.878 111.317 12.205
201809 11.263 115.142 14.970
201812 11.217 115.142 14.908
201903 9.101 118.202 11.783
201906 11.772 120.880 14.903
201909 10.248 123.175 12.732
201912 11.934 126.235 14.468
202003 11.398 124.705 13.987
202006 3.033 127.000 3.655
202009 4.381 130.118 5.153
202012 5.673 130.889 6.633
202103 10.743 131.771 12.477
202106 9.431 134.084 10.764
202109 9.648 135.847 10.869
202112 11.284 138.161 12.499
202203 10.497 138.822 11.572
202206 10.250 142.347 11.020
202209 9.620 144.661 10.177
202212 11.625 145.763 12.205
202303 12.244 146.865 12.758
202306 11.951 150.280 12.170
202309 11.759 151.492 11.879
202312 12.589 152.924 12.598
202403 13.590 153.035 13.590

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.


Dhanvantri Jeevan Rekha  (BOM:531043) 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.


Dhanvantri Jeevan Rekha Cyclically Adjusted PS Ratio Related Terms

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Dhanvantri Jeevan Rekha (BOM:531043) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Saket, Meerut, UP, IND, 250003
Dhanvantri Jeevan Rekha Ltd is an India based company engaged in hospital activities. It principally provides medical and health-care services. The hospital offers therapeutic services in the field of Urology, Cardiology, Neurology, Internal medicine, Radiology and other services. It provides medical facilities like Intensive care unit, Intensive coronary care unit, Gastroenterology, Gastro Surgery, Neurosurgery, Orthopaedic Surgery, Oral and maxillofacial surgery, Oncology and other services.

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