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Bank of Maharashtra (BOM:532525) Cyclically Adjusted PS Ratio : 1.93 (As of Jun. 10, 2024)


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What is Bank of Maharashtra Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Bank of Maharashtra's current share price is ₹66.65. Bank of Maharashtra's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹34.59. Bank of Maharashtra's Cyclically Adjusted PS Ratio for today is 1.93.

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

BOM:532525' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.78   Med: 1.92   Max: 2
Current: 1.93

During the past years, Bank of Maharashtra's highest Cyclically Adjusted PS Ratio was 2.00. The lowest was 1.78. And the median was 1.92.

BOM:532525's Cyclically Adjusted PS Ratio is ranked better than
62.67% of 1192 companies
in the Banks industry
Industry Median: 2.35 vs BOM:532525: 1.93

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.

Bank of Maharashtra's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹5.308. 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 ₹34.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Maharashtra Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank of Maharashtra'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.

Bank of Maharashtra Cyclically Adjusted PS Ratio Chart

Bank of Maharashtra 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 - - - - 1.80

Bank of Maharashtra 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 - - - - 1.80

Competitive Comparison of Bank of Maharashtra's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank of Maharashtra'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.


Bank of Maharashtra's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Maharashtra's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Maharashtra's Cyclically Adjusted PS Ratio falls into.



Bank of Maharashtra 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.

Bank of Maharashtra's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=66.65/34.59
=1.93

* 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.

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

For example, Bank of Maharashtra'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)
=5.308/153.0345*153.0345
=5.308

Current CPI (Mar. 2024) = 153.0345.

Bank of Maharashtra Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200503 0.000 43.531 0.000
200603 0.000 45.521 0.000
200703 0.000 48.581 0.000
200803 0.000 52.407 0.000
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201112 14.430 75.359 29.304
201203 13.397 76.889 26.665
201212 15.081 83.774 27.549
201303 31.218 85.687 55.754
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 4.679 111.317 6.433
201809 5.551 115.142 7.378
201812 4.911 115.142 6.527
201903 5.353 118.202 6.930
201906 2.385 120.880 3.019
201909 2.369 123.175 2.943
201912 2.840 126.235 3.443
202003 2.672 124.705 3.279
202006 2.496 127.000 3.008
202009 2.472 130.118 2.907
202012 2.892 130.889 3.381
202103 4.032 131.771 4.683
202106 3.231 134.084 3.688
202109 3.486 135.847 3.927
202112 3.178 138.161 3.520
202203 3.180 138.822 3.506
202206 2.963 142.347 3.185
202209 3.531 144.661 3.735
202212 3.880 145.763 4.074
202303 4.475 146.865 4.663
202306 4.335 150.280 4.414
202309 4.381 151.492 4.426
202312 4.454 152.924 4.457
202403 5.308 153.035 5.308

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.


Bank of Maharashtra  (BOM:532525) 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.


Bank of Maharashtra Cyclically Adjusted PS Ratio Related Terms

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


Bank of Maharashtra (BOM:532525) Business Description

Traded in Other Exchanges
Address
Lokmangal, 1501, Shivaji Nagar, Pune, MH, IND, 411005
Bank of Maharashtra is an Indian banking corporation. The bank provides various deposit schemes such as saving account, current account, term deposit, and capital gain accounts. It also provides credit facilities such as term loans, overdrafts, letters of credit, guarantees, and other credit facilities. The bank organizes its business in four segments namely Treasury; Corporate/Wholesale banking; Retail banking; and Other banking operations. Its Treasury segments include investment, balances with banks outside India, interest accrued on investments; corporate banking segment include all advances to trusts, partnership firms, companies, and statutory bodies; retail banking include exposure to the individuals and small business. The bank principally generates revenue within India.

Bank of Maharashtra (BOM:532525) Headlines

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