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Mahaveer Infoway (BOM:539383) Cyclically Adjusted PS Ratio : 0.18 (As of Jun. 10, 2024)


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What is Mahaveer Infoway Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Mahaveer Infoway's current share price is ₹7.24. Mahaveer Infoway's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹41.01. Mahaveer Infoway's Cyclically Adjusted PS Ratio for today is 0.18.

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

BOM:539383' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 0.25
Current: 0.17

During the past years, Mahaveer Infoway's highest Cyclically Adjusted PS Ratio was 0.25. The lowest was 0.01. And the median was 0.08.

BOM:539383's Cyclically Adjusted PS Ratio is ranked better than
92.8% of 1459 companies
in the Software industry
Industry Median: 1.82 vs BOM:539383: 0.17

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.

Mahaveer Infoway's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹0.743. 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 ₹41.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahaveer Infoway Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mahaveer Infoway'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.

Mahaveer Infoway Cyclically Adjusted PS Ratio Chart

Mahaveer Infoway 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 - 0.03 0.08 0.08 0.21

Mahaveer Infoway 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 0.08 0.11 0.14 0.15 0.21

Competitive Comparison of Mahaveer Infoway's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Mahaveer Infoway'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.


Mahaveer Infoway's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Mahaveer Infoway's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mahaveer Infoway 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.

Mahaveer Infoway's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.24/41.01
=0.18

* 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.

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

For example, Mahaveer Infoway'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)
=0.743/153.0345*153.0345
=0.743

Current CPI (Mar. 2024) = 153.0345.

Mahaveer Infoway Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 39.720 94.103 64.595
201409 29.746 96.780 47.036
201412 26.596 96.780 42.055
201503 45.291 97.163 71.335
201506 21.718 99.841 33.289
201509 9.770 101.753 14.694
201512 8.401 102.901 12.494
201603 8.401 102.518 12.541
201606 10.288 105.961 14.858
201609 5.805 105.961 8.384
201612 4.620 105.196 6.721
201703 5.900 105.196 8.583
201706 4.876 107.109 6.967
201709 3.643 109.021 5.114
201712 6.894 109.404 9.643
201803 9.884 109.786 13.778
201806 11.235 111.317 15.446
201809 23.967 115.142 31.854
201812 15.474 115.142 20.566
201903 -47.197 118.202 -61.105
201906 0.634 120.880 0.803
201909 0.386 123.175 0.480
201912 2.718 126.235 3.295
202003 0.142 124.705 0.174
202006 0.037 127.000 0.045
202009 0.386 130.118 0.454
202012 1.292 130.889 1.511
202103 0.568 131.771 0.660
202106 0.882 134.084 1.007
202109 1.354 135.847 1.525
202112 1.252 138.161 1.387
202203 2.093 138.822 2.307
202206 1.635 142.347 1.758
202209 1.456 144.661 1.540
202212 2.056 145.763 2.159
202303 2.437 146.865 2.539
202306 2.902 150.280 2.955
202309 2.992 151.492 3.022
202312 2.927 152.924 2.929
202403 0.743 153.035 0.743

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.


Mahaveer Infoway  (BOM:539383) 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.


Mahaveer Infoway Cyclically Adjusted PS Ratio Related Terms

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


Mahaveer Infoway (BOM:539383) Business Description

Traded in Other Exchanges
N/A
Address
7-1-24/2/C, 301/A, Dhansi Surabhi Complex, Greenlands, Ameerpet, Hyderabad, TG, IND, 500016
Mahaveer Infoway Ltd is a provider of Technology-oriented solutions and has business operations in the fields of Software Development, IT Consulting, Networking Solutions, Software Testing, and Offshore Staffing. The company also offers consulting and information technology (IT) services. It provides a range of services, including software development, Cloud Services in partnership with Amazon, Product and Application testing, packaged software integration, system maintenance, and engineering design services. Its software products segment engages in the product development and creation of propriety software. It generates the majority of its revenue from the sale of trading goods and software development and related services.

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