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Ace Integrated Solutions (NSE:ACEINTEG) Cyclically Adjusted PS Ratio : 1.72 (As of Jun. 06, 2024)


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What is Ace Integrated Solutions Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Ace Integrated Solutions's current share price is ₹33.20. Ace Integrated Solutions's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹19.34. Ace Integrated Solutions's Cyclically Adjusted PS Ratio for today is 1.72.

The historical rank and industry rank for Ace Integrated Solutions's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:ACEINTEG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.34   Med: 1.71   Max: 2.54
Current: 1.71

During the past 12 years, Ace Integrated Solutions's highest Cyclically Adjusted PS Ratio was 2.54. The lowest was 1.34. And the median was 1.71.

NSE:ACEINTEG's Cyclically Adjusted PS Ratio is ranked worse than
69.13% of 690 companies
in the Business Services industry
Industry Median: 0.88 vs NSE:ACEINTEG: 1.71

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.

Ace Integrated Solutions's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹6.775. 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 ₹19.34 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ace Integrated Solutions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ace Integrated Solutions'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.

Ace Integrated Solutions Cyclically Adjusted PS Ratio Chart

Ace Integrated Solutions 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 - - 0.53 1.36 1.76

Ace Integrated Solutions Quarterly Data
Dec16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 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 - 1.76 - - -

Competitive Comparison of Ace Integrated Solutions's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, Ace Integrated Solutions'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.


Ace Integrated Solutions's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ace Integrated Solutions's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ace Integrated Solutions's Cyclically Adjusted PS Ratio falls into.



Ace Integrated Solutions 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.

Ace Integrated Solutions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.20/19.34
=1.72

* 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.

Ace Integrated Solutions's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Ace Integrated Solutions's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=6.775/146.8646*146.8646
=6.775

Current CPI (Mar23) = 146.8646.

Ace Integrated Solutions Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.822 91.425 22.204
201503 14.860 97.163 22.461
201603 20.560 102.518 29.454
201703 28.085 105.196 39.210
201803 25.581 109.786 34.220
201903 5.840 118.202 7.256
202003 13.250 124.705 15.604
202103 6.381 131.771 7.112
202203 8.569 138.822 9.065
202303 6.775 146.865 6.775

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.


Ace Integrated Solutions  (NSE:ACEINTEG) 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.


Ace Integrated Solutions Cyclically Adjusted PS Ratio Related Terms

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


Ace Integrated Solutions (NSE:ACEINTEG) Business Description

Traded in Other Exchanges
N/A
Address
B-13, DSIDC Complex, Functional Industrial Estate, Industrial Area, Patparganj, New Delhi, IND, 110092
Ace Integrated Solutions Ltd is an India based company engaged in assisting various Govt/ Semi Govt organization/ Management in the recruitment of Human Resources. Its services include designing, barcoding, collecting, data capturing, and processing of online and offline application forms; designing, printing, and dispatch of admit cards; the arrangement of test venues; and consultancy. The company serves customers in India.

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