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Sakthi Finance (BOM:511066) Cyclically Adjusted PS Ratio : 1.27 (As of Jun. 08, 2024)


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What is Sakthi Finance Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Sakthi Finance's current share price is ₹50.50. Sakthi Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹39.80. Sakthi Finance's Cyclically Adjusted PS Ratio for today is 1.27.

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

BOM:511066' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.71   Max: 2.35
Current: 1.27

During the past years, Sakthi Finance's highest Cyclically Adjusted PS Ratio was 2.35. The lowest was 0.36. And the median was 0.71.

BOM:511066's Cyclically Adjusted PS Ratio is ranked better than
73.77% of 385 companies
in the Credit Services industry
Industry Median: 2.96 vs BOM:511066: 1.27

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.

Sakthi Finance's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹8.343. 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 ₹39.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sakthi Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sakthi 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.

Sakthi Finance Cyclically Adjusted PS Ratio Chart

Sakthi Finance 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 - 0.44 0.55 0.73 1.21

Sakthi Finance 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 0.73 0.78 0.84 1.21 1.21

Competitive Comparison of Sakthi Finance's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Sakthi 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.


Sakthi Finance's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

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



Sakthi 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.50/39.8
=1.27

* 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.

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

For example, Sakthi Finance'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)
=8.343/153.0345*153.0345
=8.343

Current CPI (Mar. 2024) = 153.0345.

Sakthi Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.886 94.103 11.198
201409 7.022 96.780 11.104
201412 7.266 96.780 11.489
201503 8.182 97.163 12.887
201506 7.668 99.841 11.753
201509 8.480 101.753 12.754
201512 8.228 102.901 12.237
201603 9.050 102.518 13.509
201606 7.904 105.961 11.415
201609 8.244 105.961 11.906
201612 8.568 105.196 12.464
201703 8.817 105.196 12.827
201706 8.135 107.109 11.623
201709 7.487 109.021 10.510
201712 7.437 109.404 10.403
201803 10.914 109.786 15.213
201806 8.110 111.317 11.149
201809 7.870 115.142 10.460
201812 7.941 115.142 10.554
201903 8.063 118.202 10.439
201906 7.100 120.880 8.989
201909 7.811 123.175 9.705
201912 8.579 126.235 10.400
202003 6.496 124.705 7.972
202006 6.168 127.000 7.432
202009 6.251 130.118 7.352
202012 7.005 130.889 8.190
202103 6.448 131.771 7.489
202106 7.690 134.084 8.777
202109 6.522 135.847 7.347
202112 7.198 138.161 7.973
202203 5.823 138.822 6.419
202206 7.065 142.347 7.595
202209 7.793 144.661 8.244
202212 7.552 145.763 7.929
202303 7.467 146.865 7.781
202306 7.502 150.280 7.639
202309 8.415 151.492 8.501
202312 8.013 152.924 8.019
202403 8.343 153.035 8.343

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.


Sakthi Finance  (BOM:511066) 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.


Sakthi Finance Cyclically Adjusted PS Ratio Related Terms

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


Sakthi Finance (BOM:511066) Business Description

Traded in Other Exchanges
N/A
Address
62, Dr. Nanjappa Road, Post Box Number 3745, Coimbatore, TN, IND, 641018
Sakthi Finance Ltd is a deposit-taking non-banking financial company. The company is engaged in the business of asset financing. It operates in one segment only. It generates the majority of its revenue from India.

Sakthi Finance (BOM:511066) Headlines

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