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GCM Commodity & Derivatives (BOM:535917) Cyclically Adjusted PS Ratio : 6.48 (As of Jun. 08, 2024)


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What is GCM Commodity & Derivatives Cyclically Adjusted PS Ratio?

As of today (2024-06-08), GCM Commodity & Derivatives's current share price is ₹6.35. GCM Commodity & Derivatives's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹0.98. GCM Commodity & Derivatives's Cyclically Adjusted PS Ratio for today is 6.48.

The historical rank and industry rank for GCM Commodity & Derivatives's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:535917' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.42   Max: 6.45
Current: 6.45

During the past 13 years, GCM Commodity & Derivatives's highest Cyclically Adjusted PS Ratio was 6.45. The lowest was 0.28. And the median was 0.42.

BOM:535917's Cyclically Adjusted PS Ratio is ranked worse than
71.96% of 592 companies
in the Capital Markets industry
Industry Median: 3.09 vs BOM:535917: 6.45

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.

GCM Commodity & Derivatives's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹3.994. 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 ₹0.98 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


GCM Commodity & Derivatives Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GCM Commodity & Derivatives'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.

GCM Commodity & Derivatives Cyclically Adjusted PS Ratio Chart

GCM Commodity & Derivatives 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 - - 0.47 - 6.02

GCM Commodity & Derivatives Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 0.47 - - - 6.02

Competitive Comparison of GCM Commodity & Derivatives's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, GCM Commodity & Derivatives'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.


GCM Commodity & Derivatives's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where GCM Commodity & Derivatives's Cyclically Adjusted PS Ratio falls into.



GCM Commodity & Derivatives 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.

GCM Commodity & Derivatives's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.35/0.98
=6.48

* 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.

GCM Commodity & Derivatives's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, GCM Commodity & Derivatives's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=3.994/153.0345*153.0345
=3.994

Current CPI (Mar24) = 153.0345.

GCM Commodity & Derivatives Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.000 97.163 0.000
201603 0.202 102.518 0.302
201703 0.099 105.196 0.144
201803 1.859 109.786 2.591
201903 -0.363 118.202 -0.470
202003 0.131 124.705 0.161
202103 0.000 131.771 0.000
202203 0.117 138.822 0.129
202303 0.000 146.865 0.000
202403 3.994 153.035 3.994

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.


GCM Commodity & Derivatives  (BOM:535917) 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.


GCM Commodity & Derivatives Cyclically Adjusted PS Ratio Related Terms

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


GCM Commodity & Derivatives (BOM:535917) Business Description

Traded in Other Exchanges
N/A
Address
214 Free Press Journal Marg, 805, Raheja Centre, Nariman Point, Mumbai, MH, IND, 400021
GCM Commodity & Derivatives Ltd is an Indian company engaged in the business of trading and investments in equity shares and securities. The company carries out its trading and investment activities in both the FNO and Equity segments of the National Stock Exchange and Bombay Stock Exchange. It is engaged in the business of investing in National spot exchange limited (NSEL) investment products for arbitrage opportunities and commodity broking. The company also provides commodity broking facilities through its membership in NSEL. The Company is also in the money lending business.

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