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Gogia Capital Services (BOM:531600) Cyclically Adjusted PS Ratio : 12.33 (As of Jun. 09, 2024)


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What is Gogia Capital Services Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Gogia Capital Services's current share price is ₹84.00. Gogia Capital Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹6.81. Gogia Capital Services's Cyclically Adjusted PS Ratio for today is 12.33.

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

BOM:531600' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.19   Med: 8.32   Max: 23.15
Current: 12.33

During the past years, Gogia Capital Services's highest Cyclically Adjusted PS Ratio was 23.15. The lowest was 3.19. And the median was 8.32.

BOM:531600's Cyclically Adjusted PS Ratio is ranked worse than
84.46% of 592 companies
in the Capital Markets industry
Industry Median: 3.09 vs BOM:531600: 12.33

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.

Gogia Capital Services's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹-48.249. 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 ₹6.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gogia Capital Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gogia Capital Services'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.

Gogia Capital Services Cyclically Adjusted PS Ratio Chart

Gogia Capital Services 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 - - 3.40 9.33 5.63

Gogia Capital Services 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 9.47 5.63 9.72 6.96 13.72

Competitive Comparison of Gogia Capital Services's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Gogia Capital Services'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.


Gogia Capital Services's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Gogia Capital Services 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.

Gogia Capital Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=84.00/6.81
=12.33

* 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.

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

For example, Gogia Capital Services'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)
=-48.249/152.9243*152.9243
=-48.249

Current CPI (Dec. 2023) = 152.9243.

Gogia Capital Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.243 91.425 5.424
201406 1.930 94.103 3.136
201409 1.641 96.780 2.593
201412 1.248 96.780 1.972
201503 2.377 97.163 3.741
201506 1.658 99.841 2.540
201509 3.531 101.753 5.307
201512 1.774 102.901 2.636
201603 -0.322 102.518 -0.480
201606 1.517 105.961 2.189
201609 1.809 105.961 2.611
201612 2.220 105.196 3.227
201703 4.033 105.196 5.863
201706 1.787 107.109 2.551
201709 2.108 109.021 2.957
201712 2.520 109.404 3.522
201803 5.592 109.786 7.789
201806 3.065 111.317 4.211
201809 2.820 115.142 3.745
201812 3.685 115.142 4.894
201903 1.442 118.202 1.866
201906 2.258 120.880 2.857
201909 1.712 123.175 2.125
201912 5.671 126.235 6.870
202003 -2.379 124.705 -2.917
202006 1.824 127.000 2.196
202009 1.415 130.118 1.663
202012 1.178 130.889 1.376
202103 1.820 131.771 2.112
202106 2.064 134.084 2.354
202109 2.104 135.847 2.368
202112 3.016 138.161 3.338
202203 2.576 138.822 2.838
202206 2.829 142.347 3.039
202209 1.362 144.661 1.440
202212 -4.354 145.763 -4.568
202303 3.159 146.865 3.289
202306 11.281 150.280 11.479
202309 2.202 151.492 2.223
202312 -48.249 152.924 -48.249

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.


Gogia Capital Services  (BOM:531600) 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.


Gogia Capital Services Cyclically Adjusted PS Ratio Related Terms

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


Gogia Capital Services (BOM:531600) Business Description

Traded in Other Exchanges
N/A
Address
Olof Palme Marg, Munirka, The Capital Court, 6th Floor, New Delhi, IND, 110067
Gogia Capital Services Ltd provides financial services. It is engaged in providing Stock and Commodity Broking Services to corporates and Individuals. The company offers various services such as equity trading, currency trading, commodity trading, derivatives, intraday trading, and mutual funds. It earns revenue from providing stock and commodity broking services, Dividend Received, Depository Services, Profit from trading of shares/derivative; majority being broking services.

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