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BFL Asset Finvest (BOM:539662) Cyclically Adjusted PS Ratio : 3.18 (As of Jun. 08, 2024)


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What is BFL Asset Finvest Cyclically Adjusted PS Ratio?

As of today (2024-06-08), BFL Asset Finvest's current share price is ₹17.24. BFL Asset Finvest's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹5.42. BFL Asset Finvest's Cyclically Adjusted PS Ratio for today is 3.18.

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

BOM:539662' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.12   Med: 3.53   Max: 3.7
Current: 3.12

During the past 10 years, BFL Asset Finvest's highest Cyclically Adjusted PS Ratio was 3.70. The lowest was 3.12. And the median was 3.53.

BOM:539662's Cyclically Adjusted PS Ratio is ranked worse than
50.34% of 592 companies
in the Capital Markets industry
Industry Median: 3.09 vs BOM:539662: 3.12

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.

BFL Asset Finvest's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹26.815. 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 ₹5.42 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


BFL Asset Finvest Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BFL Asset Finvest'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.

BFL Asset Finvest Cyclically Adjusted PS Ratio Chart

BFL Asset Finvest 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 - - - - 3.10

BFL Asset Finvest Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - - 3.10

Competitive Comparison of BFL Asset Finvest's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, BFL Asset Finvest'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.


BFL Asset Finvest's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where BFL Asset Finvest's Cyclically Adjusted PS Ratio falls into.



BFL Asset Finvest 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.

BFL Asset Finvest's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.24/5.42
=3.18

* 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.

BFL Asset Finvest's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, BFL Asset Finvest'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)
=26.815/153.0345*153.0345
=26.815

Current CPI (Mar24) = 153.0345.

BFL Asset Finvest Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.721 97.163 1.136
201603 2.477 102.518 3.698
201703 3.651 105.196 5.311
201803 0.686 109.786 0.956
201903 6.070 118.202 7.859
202003 2.887 124.705 3.543
202103 0.328 131.771 0.381
202203 3.017 138.822 3.326
202303 1.128 146.865 1.175
202403 26.815 153.035 26.815

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.


BFL Asset Finvest  (BOM:539662) 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.


BFL Asset Finvest Cyclically Adjusted PS Ratio Related Terms

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


BFL Asset Finvest (BOM:539662) Business Description

Traded in Other Exchanges
N/A
Address
Ajmer Road, 1, Tara Nagar, Jaipur, RJ, IND, 302006
BFL Asset Finvest Ltd is an Indian company that operates in finance sector. The company deals in shares and securities, other finances, investments, and futures and options. While the majority of the revenue is earned from sale of share and securities.

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