GURUFOCUS.COM » STOCK LIST » Technology » Software » Mahavir Industries Ltd (BOM:531648) » Definitions » Cyclically Adjusted PS Ratio

Mahavir Industries (BOM:531648) Cyclically Adjusted PS Ratio : 0.05 (As of Jun. 06, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Mahavir Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Mahavir Industries's current share price is ₹0.91. Mahavir Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2022 was ₹18.51. Mahavir Industries's Cyclically Adjusted PS Ratio for today is 0.05.

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

BOM:531648's Cyclically Adjusted PS Ratio is not ranked *
in the Software industry.
Industry Median: 1.83
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Mahavir Industries's adjusted revenue per share data for the three months ended in Mar. 2022 was ₹-0.075. 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 ₹18.51 for the trailing ten years ended in Mar. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahavir Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mahavir Industries'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.

Mahavir Industries Cyclically Adjusted PS Ratio Chart

Mahavir Industries 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 - - - 0.13 -

Mahavir Industries Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Mar23
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 - - - 0.13 -

Competitive Comparison of Mahavir Industries's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Mahavir Industries'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.


Mahavir Industries's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Mahavir Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mahavir Industries 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.

Mahavir Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.91/18.51
=0.05

* 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.

Mahavir Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Mahavir Industries's adjusted Revenue per Share data for the three months ended in Mar. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=-0.075/138.8218*138.8218
=-0.075

Current CPI (Mar. 2022) = 138.8218.

Mahavir Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 10.511 79.567 18.339
201209 12.479 82.244 21.064
201212 5.560 83.774 9.213
201303 3.575 85.687 5.792
201306 1.634 88.365 2.567
201309 0.996 91.042 1.519
201312 0.998 91.425 1.515
201403 0.000 91.425 0.000
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 0.045 97.163 0.064
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 0.000 102.518 0.000
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 0.000 105.196 0.000
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.000 109.786 0.000
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.038 118.202 0.045
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 0.050 124.705 0.056
202006 0.000 127.000 0.000
202009 0.028 130.118 0.030
202012 0.018 130.889 0.019
202103 0.000 131.771 0.000
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 -0.075 138.822 -0.075

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.


Mahavir Industries  (BOM:531648) 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.


Mahavir Industries Cyclically Adjusted PS Ratio Related Terms

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


Mahavir Industries (BOM:531648) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 26, S V Road, Jn Of Jawahar Ngr Road No. 4, Wing-B, 115, Shalimar Miracle, Goregaon (West), Mumbai, MH, IND, 400062
Mahavir Industries Ltd is engaged in the business of IT and IT-enabled services and Infrastructure business.

Mahavir Industries (BOM:531648) Headlines

No Headlines