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Aditya Birla Money (BOM:532974) Cyclically Adjusted PS Ratio : 3.92 (As of Jun. 10, 2024)


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What is Aditya Birla Money Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Aditya Birla Money's current share price is ₹155.50. Aditya Birla Money's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹39.68. Aditya Birla Money's Cyclically Adjusted PS Ratio for today is 3.92.

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

BOM:532974' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.92   Max: 3.92
Current: 3.92

During the past years, Aditya Birla Money's highest Cyclically Adjusted PS Ratio was 3.92. The lowest was 1.27. And the median was 1.92.

BOM:532974's Cyclically Adjusted PS Ratio is ranked worse than
57.91% of 594 companies
in the Capital Markets industry
Industry Median: 3.13 vs BOM:532974: 3.92

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.

Aditya Birla Money's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹-2.473. 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 ₹39.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aditya Birla Money Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aditya Birla Money'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.

Aditya Birla Money Cyclically Adjusted PS Ratio Chart

Aditya Birla Money 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 - - 1.99 1.27 2.43

Aditya Birla Money 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 1.27 1.54 2.02 2.56 2.43

Competitive Comparison of Aditya Birla Money's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Aditya Birla Money'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.


Aditya Birla Money's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Aditya Birla Money 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.

Aditya Birla Money's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=155.50/39.68
=3.92

* 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.

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

For example, Aditya Birla Money'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)
=-2.473/153.0345*153.0345
=-2.473

Current CPI (Mar. 2024) = 153.0345.

Aditya Birla Money Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.541 94.103 7.385
201409 4.831 96.780 7.639
201412 4.885 96.780 7.724
201503 7.282 97.163 11.469
201506 4.617 99.841 7.077
201509 4.879 101.753 7.338
201512 3.827 102.901 5.692
201603 3.580 102.518 5.344
201606 4.903 105.961 7.081
201609 5.895 105.961 8.514
201612 5.946 105.196 8.650
201703 6.185 105.196 8.998
201706 6.452 107.109 9.218
201709 7.052 109.021 9.899
201712 7.512 109.404 10.508
201803 7.714 109.786 10.753
201806 7.246 111.317 9.962
201809 7.672 115.142 10.197
201812 6.996 115.142 9.298
201903 5.782 118.202 7.486
201906 7.498 120.880 9.493
201909 6.575 123.175 8.169
201912 6.418 126.235 7.781
202003 6.829 124.705 8.380
202006 7.176 127.000 8.647
202009 8.012 130.118 9.423
202012 8.148 130.889 9.527
202103 8.095 131.771 9.401
202106 9.071 134.084 10.353
202109 9.756 135.847 10.990
202112 10.449 138.161 11.574
202203 8.678 138.822 9.566
202206 10.104 142.347 10.863
202209 11.531 144.661 12.198
202212 11.383 145.763 11.951
202303 32.650 146.865 34.022
202306 12.544 150.280 12.774
202309 16.307 151.492 16.473
202312 17.422 152.924 17.435
202403 -2.473 153.035 -2.473

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.


Aditya Birla Money  (BOM:532974) 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.


Aditya Birla Money Cyclically Adjusted PS Ratio Related Terms

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


Aditya Birla Money (BOM:532974) Business Description

Traded in Other Exchanges
Address
Thiru-Vi-Ka (SIDCO) Industrial Estate, Sai Sagar, 2nd & 3rd Floor, Plot No. M-7, Guindy, Chennai, TN, IND, 600 032
Aditya Birla Money Ltd is in the business of broking and related activities. The company is engaged in various divisions such as broking, trading in securities, and others. It generates a majority of its revenue from the broking segment.

Aditya Birla Money (BOM:532974) Headlines

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