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Edelweiss Financial Services (BOM:532922) Cyclically Adjusted PS Ratio : 1.24 (As of May. 26, 2024)


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What is Edelweiss Financial Services Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Edelweiss Financial Services's current share price is ₹81.70. Edelweiss Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹65.96. Edelweiss Financial Services's Cyclically Adjusted PS Ratio for today is 1.24.

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

BOM:532922' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.7   Max: 1.29
Current: 1.24

During the past years, Edelweiss Financial Services's highest Cyclically Adjusted PS Ratio was 1.29. The lowest was 0.40. And the median was 0.70.

BOM:532922's Cyclically Adjusted PS Ratio is ranked better than
74.65% of 564 companies
in the Capital Markets industry
Industry Median: 3.235 vs BOM:532922: 1.24

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.

Edelweiss Financial Services's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹24.601. 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 ₹65.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edelweiss Financial Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Edelweiss Financial Services'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.

Edelweiss Financial Services Cyclically Adjusted PS Ratio Chart

Edelweiss Financial Services 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 0.42 0.67 0.59 0.48 0.96

Edelweiss Financial Services 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 0.48 0.80 0.96 1.19 0.96

Competitive Comparison of Edelweiss Financial Services's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Edelweiss Financial Services'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.


Edelweiss Financial Services's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Edelweiss Financial Services's Cyclically Adjusted PS Ratio falls into.



Edelweiss Financial Services 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.

Edelweiss Financial Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=81.70/65.96
=1.24

* 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.

Edelweiss Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Edelweiss Financial Services'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)
=24.601/153.0345*153.0345
=24.601

Current CPI (Mar. 2024) = 153.0345.

Edelweiss Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.246 94.103 8.531
201409 6.026 96.780 9.529
201412 6.210 96.780 9.820
201503 17.997 97.163 28.346
201506 6.424 99.841 9.847
201509 6.991 101.753 10.514
201512 7.648 102.901 11.374
201603 23.106 102.518 34.492
201606 9.026 105.961 13.036
201609 10.142 105.961 14.648
201612 10.614 105.196 15.441
201703 13.688 105.196 19.913
201706 13.228 107.109 18.900
201709 13.009 109.021 18.261
201712 14.261 109.404 19.948
201803 17.560 109.786 24.477
201806 15.193 111.317 20.887
201809 16.517 115.142 21.953
201812 17.446 115.142 23.187
201903 19.159 118.202 24.805
201906 14.830 120.880 18.775
201909 12.438 123.175 15.453
201912 12.813 126.235 15.533
202003 1.387 124.705 1.702
202006 8.805 127.000 10.610
202009 12.454 130.118 14.647
202012 12.624 130.889 14.760
202103 16.836 131.771 19.553
202106 9.396 134.084 10.724
202109 11.942 135.847 13.453
202112 13.827 138.161 15.316
202203 7.875 138.822 8.681
202206 7.298 142.347 7.846
202209 15.891 144.661 16.811
202212 15.710 145.763 16.494
202303 24.251 146.865 25.270
202306 14.836 150.280 15.108
202309 16.976 151.492 17.149
202312 19.223 152.924 19.237
202403 24.601 153.035 24.601

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.


Edelweiss Financial Services  (BOM:532922) 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.


Edelweiss Financial Services Cyclically Adjusted PS Ratio Related Terms

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


Edelweiss Financial Services (BOM:532922) Business Description

Traded in Other Exchanges
Address
Edelweiss House, Off. C.S.T. Road, Kalina, Mumbai, MH, IND, 400098
Edelweiss Financial Services Ltd is principally engaged in providing investment banking services and holding company activities comprising development, managerial, and financial support to the business. The company's businesses are categorized into a Credit business, Asset Reconstruction business, Asset Management Business, and Insurance Business. The credit business consists of Retail Credit, Corporate Credit, and Distress Credit. The Asset Management business provides clients with a comprehensive bouquet of investment solutions including alternative strategies and mutual funds. The Insurance business consists of Life and General Insurance. The company concentrates its business in India.

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