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Maruti Securities (BOM:531319) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is Maruti Securities Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Maruti Securities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Maruti Securities'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.

Maruti Securities Cyclically Adjusted PS Ratio Chart

Maruti Securities 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 - - 1.83 7.93 46.08

Maruti Securities Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - 46.08 - -

Competitive Comparison of Maruti Securities's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Maruti Securities'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.


Maruti Securities's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Maruti Securities 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.

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

For example, Maruti Securities'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.

Maruti Securities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 91.425 0.000
201403 0.000 91.425 0.000
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 0.000 97.163 0.000
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 0.000 102.518 0.000
201606 0.030 105.961 0.043
201609 0.375 105.961 0.541
201612 -0.454 105.196 -0.660
201703 1.027 105.196 1.493
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.000 109.786 0.000
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.000 118.202 0.000
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 0.003 124.705 0.004
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 0.002 131.771 0.002
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.001 138.822 0.001
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 -1.073 146.865 -1.117
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.


Maruti Securities  (BOM:531319) 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.


Maruti Securities Cyclically Adjusted PS Ratio Related Terms

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Maruti Securities (BOM:531319) Business Description

Traded in Other Exchanges
N/A
Address
Plot No: 66, Parkview Enclave, Manovikas Nagar, Secunderabad, TG, IND, 500009
Maruti Securities Ltd is an India based company offering financial services. It derives revenue in the form of dividend income and interest received.

Maruti Securities (BOM:531319) Headlines

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