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K Z Leasing & Finance (BOM:511728) Cyclically Adjusted PS Ratio : 16.97 (As of Jun. 07, 2024)


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What is K Z Leasing & Finance Cyclically Adjusted PS Ratio?

As of today (2024-06-07), K Z Leasing & Finance's current share price is ₹30.89. K Z Leasing & Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹1.82. K Z Leasing & Finance's Cyclically Adjusted PS Ratio for today is 16.97.

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

BOM:511728' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.97   Med: 9.88   Max: 21.97
Current: 18.61

During the past years, K Z Leasing & Finance's highest Cyclically Adjusted PS Ratio was 21.97. The lowest was 4.97. And the median was 9.88.

BOM:511728's Cyclically Adjusted PS Ratio is ranked worse than
88.51% of 383 companies
in the Credit Services industry
Industry Median: 2.87 vs BOM:511728: 18.61

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.

K Z Leasing & Finance's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.889. 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 ₹1.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


K Z Leasing & Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for K Z Leasing & 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.

K Z Leasing & Finance Cyclically Adjusted PS Ratio Chart

K Z Leasing & 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 - - 5.92 9.69 7.88

K Z Leasing & 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 9.75 7.88 9.29 15.73 15.04

Competitive Comparison of K Z Leasing & Finance's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, K Z Leasing & 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.


K Z Leasing & Finance's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where K Z Leasing & Finance's Cyclically Adjusted PS Ratio falls into.



K Z Leasing & 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.

K Z Leasing & Finance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.89/1.82
=16.97

* 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.

K Z Leasing & Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, K Z Leasing & 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)
=0.889/152.9243*152.9243
=0.889

Current CPI (Dec. 2023) = 152.9243.

K Z Leasing & Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 -0.935 91.425 -1.564
201406 0.414 94.103 0.673
201409 0.257 96.780 0.406
201412 0.356 96.780 0.563
201503 -0.658 97.163 -1.036
201506 0.339 99.841 0.519
201509 0.297 101.753 0.446
201512 0.289 102.901 0.429
201603 0.683 102.518 1.019
201606 0.165 105.961 0.238
201609 0.216 105.961 0.312
201612 0.140 105.196 0.204
201703 0.127 105.196 0.185
201706 0.162 107.109 0.231
201709 0.180 109.021 0.252
201712 0.171 109.404 0.239
201803 0.435 109.786 0.606
201806 0.509 111.317 0.699
201809 0.529 115.142 0.703
201812 0.543 115.142 0.721
201903 -0.067 118.202 -0.087
201906 0.539 120.880 0.682
201909 0.763 123.175 0.947
201912 0.568 126.235 0.688
202003 0.067 124.705 0.082
202006 0.733 127.000 0.883
202009 0.778 130.118 0.914
202012 0.634 130.889 0.741
202103 0.011 131.771 0.013
202106 0.606 134.084 0.691
202109 0.763 135.847 0.859
202112 0.690 138.161 0.764
202203 0.112 138.822 0.123
202206 0.718 142.347 0.771
202209 0.668 144.661 0.706
202212 0.760 145.763 0.797
202303 0.070 146.865 0.073
202306 0.987 150.280 1.004
202309 0.844 151.492 0.852
202312 0.889 152.924 0.889

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.


K Z Leasing & Finance  (BOM:511728) 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.


K Z Leasing & Finance Cyclically Adjusted PS Ratio Related Terms

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K Z Leasing & Finance (BOM:511728) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, 1st Floor, Deshna Chamber, Behind Kadwa Pattidar Wadi, Usmanpura, Ahmedabad, GJ, IND, 380014
K Z Leasing & Finance Ltd is an India-based non-banking financial company engaged in the business of providing financial services. Its services include Micro, Small, and Medium Enterprises (MSME) Finance; Small and Medium Enterprises (SME) Finance, Two, three & four Wheeler Loans, Personal Loan, Home Loan, Gold Loan, Agriculture Loan, Leasing, and Microfinance.

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