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Niyogin Fintech (BOM:538772) Cyclically Adjusted PS Ratio : 11.46 (As of Jun. 06, 2024)


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What is Niyogin Fintech Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Niyogin Fintech's current share price is ₹69.81. Niyogin Fintech's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹6.09. Niyogin Fintech's Cyclically Adjusted PS Ratio for today is 11.46.

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

BOM:538772' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.27   Med: 14.47   Max: 17.96
Current: 11.68

During the past years, Niyogin Fintech's highest Cyclically Adjusted PS Ratio was 17.96. The lowest was 11.27. And the median was 14.47.

BOM:538772's Cyclically Adjusted PS Ratio is ranked worse than
82.15% of 381 companies
in the Credit Services industry
Industry Median: 2.97 vs BOM:538772: 11.68

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.

Niyogin Fintech's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹5.180. 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 ₹6.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Niyogin Fintech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Niyogin Fintech'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.

Niyogin Fintech Cyclically Adjusted PS Ratio Chart

Niyogin Fintech 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 - - - - 10.71

Niyogin Fintech 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 - - 14.44 15.84 10.71

Competitive Comparison of Niyogin Fintech's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Niyogin Fintech'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.


Niyogin Fintech's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Niyogin Fintech's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Niyogin Fintech 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.

Niyogin Fintech's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=69.81/6.09
=11.46

* 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.

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

For example, Niyogin Fintech'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)
=5.18/153.0345*153.0345
=5.180

Current CPI (Mar. 2024) = 153.0345.

Niyogin Fintech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.167 94.103 0.272
201409 0.057 96.780 0.090
201412 0.065 96.780 0.103
201503 0.082 97.163 0.129
201506 0.088 99.841 0.135
201509 0.062 101.753 0.093
201512 0.076 102.901 0.113
201603 0.070 102.518 0.104
201606 0.072 105.961 0.104
201609 0.069 105.961 0.100
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 0.258 109.404 0.361
201803 0.371 109.786 0.517
201806 0.534 111.317 0.734
201809 0.541 115.142 0.719
201812 0.615 115.142 0.817
201903 0.647 118.202 0.838
201906 0.601 120.880 0.761
201909 0.636 123.175 0.790
201912 0.686 126.235 0.832
202003 -0.191 124.705 -0.234
202006 0.849 127.000 1.023
202009 0.771 130.118 0.907
202012 1.379 130.889 1.612
202103 1.214 131.771 1.410
202106 2.033 134.084 2.320
202109 2.501 135.847 2.817
202112 2.774 138.161 3.073
202203 2.213 138.822 2.440
202206 2.614 142.347 2.810
202209 2.551 144.661 2.699
202212 2.359 145.763 2.477
202303 3.224 146.865 3.359
202306 4.771 150.280 4.858
202309 4.828 151.492 4.877
202312 5.524 152.924 5.528
202403 5.180 153.035 5.180

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.


Niyogin Fintech  (BOM:538772) 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.


Niyogin Fintech Cyclically Adjusted PS Ratio Related Terms

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


Niyogin Fintech (BOM:538772) Business Description

Traded in Other Exchanges
N/A
Address
Kirol Road, 311/312, 3rd Floor, Neelkanth Corporate IT Park, Vidyavihar (West), Mumbai, MH, IND, 400086
Niyogin Fintech Ltd is an Indian non-banking finance company. It is engaged in providing lending facilities and credit services to small and medium business. Geographically, it operates only in India. The company generates its revenue in the form of interest income, processing fees, Bounce charges, and other finance charges.

Niyogin Fintech (BOM:538772) Headlines

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