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SRG Housing Finance (BOM:534680) Cyclically Adjusted PS Ratio : 6.31 (As of May. 24, 2024)


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What is SRG Housing Finance Cyclically Adjusted PS Ratio?

As of today (2024-05-24), SRG Housing Finance's current share price is ₹284.90. SRG Housing Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹45.16. SRG Housing Finance's Cyclically Adjusted PS Ratio for today is 6.31.

The historical rank and industry rank for SRG Housing Finance's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:534680' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.7   Med: 5.75   Max: 7.15
Current: 6.19

During the past years, SRG Housing Finance's highest Cyclically Adjusted PS Ratio was 7.15. The lowest was 3.70. And the median was 5.75.

BOM:534680's Cyclically Adjusted PS Ratio is ranked worse than
92.35% of 1190 companies
in the Banks industry
Industry Median: 2.41 vs BOM:534680: 6.19

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.

SRG Housing Finance's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹21.798. 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 ₹45.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SRG Housing Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SRG Housing Finance'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.

SRG Housing Finance Cyclically Adjusted PS Ratio Chart

SRG Housing Finance 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 - - - - 3.70

SRG Housing Finance 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 5.34 3.70 5.31 6.13 6.16

Competitive Comparison of SRG Housing Finance's Cyclically Adjusted PS Ratio

For the Mortgage Finance subindustry, SRG Housing Finance'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.


SRG Housing Finance's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SRG Housing Finance's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where SRG Housing Finance's Cyclically Adjusted PS Ratio falls into.



SRG Housing Finance 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.

SRG Housing Finance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=284.90/45.16
=6.31

* 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.

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

For example, SRG Housing Finance'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)
=21.798/152.9243*152.9243
=21.798

Current CPI (Dec. 2023) = 152.9243.

SRG Housing Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.010 91.425 3.362
201406 1.626 94.103 2.642
201409 1.609 96.780 2.542
201412 1.521 96.780 2.403
201503 1.707 97.163 2.687
201506 2.000 99.841 3.063
201509 1.977 101.753 2.971
201512 2.208 102.901 3.281
201603 2.676 102.518 3.992
201606 2.757 105.961 3.979
201609 2.822 105.961 4.073
201612 3.135 105.196 4.557
201703 4.057 105.196 5.898
201706 4.591 107.109 6.555
201709 5.715 109.021 8.016
201712 7.123 109.404 9.956
201803 8.824 109.786 12.291
201806 8.995 111.317 12.357
201809 9.743 115.142 12.940
201812 11.345 115.142 15.068
201903 11.871 118.202 15.358
201906 12.086 120.880 15.290
201909 13.216 123.175 16.408
201912 12.913 126.235 15.643
202003 11.648 124.705 14.284
202006 11.552 127.000 13.910
202009 12.991 130.118 15.268
202012 13.328 130.889 15.572
202103 13.541 131.771 15.715
202106 12.525 134.084 14.285
202109 14.409 135.847 16.220
202112 13.948 138.161 15.438
202203 15.436 138.822 17.004
202206 14.724 142.347 15.818
202209 15.406 144.661 16.286
202212 15.696 145.763 16.467
202303 17.644 146.865 18.372
202306 18.593 150.280 18.920
202309 20.750 151.492 20.946
202312 21.798 152.924 21.798

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.


SRG Housing Finance  (BOM:534680) 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.


SRG Housing Finance Cyclically Adjusted PS Ratio Related Terms

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


SRG Housing Finance (BOM:534680) Business Description

Traded in Other Exchanges
Address
No. 12, Opposite Paras JK Hospital, Shobhagpura, Udaipur, RJ, IND, 313001
SRG Housing Finance Ltd is an India-based housing finance company. The company is principally engaged in the housing and mortgage finance business. The company offers home loans for construction, additions, alterations, and repair and renovation purposes. The products and services offered by the company include individual home loans; loans against the property; and builder/project loans. Geographically, it operates within the regions of India.

SRG Housing Finance (BOM:534680) Headlines

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