GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Prism Finance Ltd (BOM:531735) » Definitions » Cyclically Adjusted PS Ratio

Prism Finance (BOM:531735) Cyclically Adjusted PS Ratio : 8.97 (As of Jun. 08, 2024)


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

What is Prism Finance Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Prism Finance's current share price is ₹38.95. Prism Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹4.34. Prism Finance's Cyclically Adjusted PS Ratio for today is 8.97.

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

BOM:531735' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.19   Med: 7.32   Max: 13.4
Current: 8.97

During the past years, Prism Finance's highest Cyclically Adjusted PS Ratio was 13.40. The lowest was 4.19. And the median was 7.32.

BOM:531735's Cyclically Adjusted PS Ratio is ranked worse than
79.05% of 592 companies
in the Capital Markets industry
Industry Median: 3.09 vs BOM:531735: 8.97

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.

Prism Finance's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.175. 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 ₹4.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prism Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Prism 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.

Prism Finance Cyclically Adjusted PS Ratio Chart

Prism 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 - - - 9.74 5.02

Prism 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 6.51 5.02 4.19 5.60 9.44

Competitive Comparison of Prism Finance's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Prism 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.


Prism Finance's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Prism 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.95/4.34
=8.97

* 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.

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

For example, Prism 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)
=0.175/152.9243*152.9243
=0.175

Current CPI (Dec. 2023) = 152.9243.

Prism Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.346 91.425 0.579
201406 0.198 94.103 0.322
201409 0.155 96.780 0.245
201412 0.149 96.780 0.235
201503 0.870 97.163 1.369
201506 0.259 99.841 0.397
201509 0.038 101.753 0.057
201512 0.009 102.901 0.013
201603 0.689 102.518 1.028
201606 0.833 105.961 1.202
201609 0.795 105.961 1.147
201612 0.252 105.196 0.366
201703 2.650 105.196 3.852
201706 0.381 107.109 0.544
201709 -0.033 109.021 -0.046
201712 0.067 109.404 0.094
201803 2.291 109.786 3.191
201806 -0.433 111.317 -0.595
201809 -0.777 115.142 -1.032
201812 0.008 115.142 0.011
201903 1.849 118.202 2.392
201906 -0.006 120.880 -0.008
201909 0.000 123.175 0.000
201912 0.587 126.235 0.711
202003 3.828 124.705 4.694
202006 0.111 127.000 0.134
202009 0.137 130.118 0.161
202012 0.218 130.889 0.255
202103 4.220 131.771 4.897
202106 0.075 134.084 0.086
202109 0.488 135.847 0.549
202112 0.089 138.161 0.099
202203 11.873 138.822 13.079
202206 0.672 142.347 0.722
202209 0.372 144.661 0.393
202212 0.346 145.763 0.363
202303 -0.008 146.865 -0.008
202306 0.645 150.280 0.656
202309 0.015 151.492 0.015
202312 0.175 152.924 0.175

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.


Prism Finance  (BOM:531735) 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.


Prism Finance Cyclically Adjusted PS Ratio Related Terms

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


Prism Finance (BOM:531735) Business Description

Traded in Other Exchanges
N/A
Address
Satellite Road, 301, Iscon Mall, Above Star India Bazar, Ahmedabad, GJ, IND, 380 015
Prism Finance Ltd is an Indian Non-Banking Financial Company that is engaged in the business of financial services. It provides loans, advances, leases, bill discounting, higher purchases, and another form of finance. The company also makes an investment in shares and securities, trading as well as dealing in shares and securities. The company conducts all of its operations within India.

Prism Finance (BOM:531735) Headlines

No Headlines