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Ekam Leasing & Finance Co (BOM:530581) Cyclically Adjusted PS Ratio : 2.96 (As of Jun. 08, 2024)


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What is Ekam Leasing & Finance Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Ekam Leasing & Finance Co's current share price is ₹5.54. Ekam Leasing & Finance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹1.87. Ekam Leasing & Finance Co's Cyclically Adjusted PS Ratio for today is 2.96.

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

BOM:530581' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.08   Med: 2.95   Max: 5.49
Current: 2.96

During the past years, Ekam Leasing & Finance Co's highest Cyclically Adjusted PS Ratio was 5.49. The lowest was 2.08. And the median was 2.95.

BOM:530581's Cyclically Adjusted PS Ratio is ranked worse than
50.13% of 385 companies
in the Credit Services industry
Industry Median: 2.96 vs BOM:530581: 2.96

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.

Ekam Leasing & Finance Co's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.258. 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 ₹1.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ekam Leasing & Finance Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ekam Leasing & Finance Co'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.

Ekam Leasing & Finance Co Cyclically Adjusted PS Ratio Chart

Ekam Leasing & Finance Co 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 - - 2.11 2.49 3.00

Ekam Leasing & Finance Co 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 3.65 3.00 2.46 3.45 3.34

Competitive Comparison of Ekam Leasing & Finance Co's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Ekam Leasing & Finance Co'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.


Ekam Leasing & Finance Co's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

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



Ekam Leasing & Finance Co 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.

Ekam Leasing & Finance Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.54/1.87
=2.96

* 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.

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

For example, Ekam Leasing & Finance Co'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)
=0.258/152.9243*152.9243
=0.258

Current CPI (Dec. 2023) = 152.9243.

Ekam Leasing & Finance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.241 91.425 0.403
201403 0.501 91.425 0.838
201406 0.335 94.103 0.544
201409 0.214 96.780 0.338
201412 0.337 96.780 0.532
201503 0.250 97.163 0.393
201506 0.424 99.841 0.649
201509 0.349 101.753 0.525
201512 0.755 102.901 1.122
201603 0.710 102.518 1.059
201606 0.769 105.961 1.110
201609 0.654 105.961 0.944
201612 0.473 105.196 0.688
201703 0.536 105.196 0.779
201706 0.376 107.109 0.537
201709 0.487 109.021 0.683
201803 0.000 109.786 0.000
201806 0.393 111.317 0.540
201809 0.319 115.142 0.424
201812 0.306 115.142 0.406
201903 0.423 118.202 0.547
201906 0.162 120.880 0.205
201909 0.159 123.175 0.197
201912 0.199 126.235 0.241
202003 0.294 124.705 0.361
202006 0.189 127.000 0.228
202009 0.212 130.118 0.249
202012 0.174 130.889 0.203
202103 0.281 131.771 0.326
202106 0.236 134.084 0.269
202109 0.254 135.847 0.286
202112 0.249 138.161 0.276
202203 0.330 138.822 0.364
202206 0.269 142.347 0.289
202209 0.210 144.661 0.222
202212 0.275 145.763 0.289
202303 0.315 146.865 0.328
202306 0.278 150.280 0.283
202309 0.289 151.492 0.292
202312 0.258 152.924 0.258

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.


Ekam Leasing & Finance Co  (BOM:530581) 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.


Ekam Leasing & Finance Co Cyclically Adjusted PS Ratio Related Terms

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


Ekam Leasing & Finance Co (BOM:530581) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Rani Jhansi Road, M M Road, (Motia Khan), New Delhi, IND, 110055
Ekam Leasing & Finance Co Ltd is an India-based non-banking financial company. It is mainly engaged in the business of financing. It mainly operates and generates revenue in India.

Ekam Leasing & Finance Co (BOM:530581) Headlines

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