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Max Healthcare Institute (BOM:543220) Cyclically Adjusted PS Ratio : 19.42 (As of May. 26, 2024)


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What is Max Healthcare Institute Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Max Healthcare Institute's current share price is ₹789.60. Max Healthcare Institute's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹40.66. Max Healthcare Institute's Cyclically Adjusted PS Ratio for today is 19.42.

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

BOM:543220' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 18.99   Med: 19.85   Max: 21.38
Current: 19.42

During the past 10 years, Max Healthcare Institute's highest Cyclically Adjusted PS Ratio was 21.38. The lowest was 18.99. And the median was 19.85.

BOM:543220's Cyclically Adjusted PS Ratio is ranked worse than
98.53% of 340 companies
in the Healthcare Providers & Services industry
Industry Median: 1.195 vs BOM:543220: 19.42

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.

Max Healthcare Institute's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹55.408. 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 ₹40.66 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Max Healthcare Institute Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Max Healthcare Institute'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.

Max Healthcare Institute Cyclically Adjusted PS Ratio Chart

Max Healthcare Institute Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
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Max Healthcare Institute Quarterly Data
Mar19 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 - - - - 20.18

Competitive Comparison of Max Healthcare Institute's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Max Healthcare Institute'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.


Max Healthcare Institute's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Max Healthcare Institute's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Max Healthcare Institute's Cyclically Adjusted PS Ratio falls into.



Max Healthcare Institute 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.

Max Healthcare Institute's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=789.60/40.66
=19.42

* 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.

Max Healthcare Institute's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Max Healthcare Institute'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)
=55.408/153.0345*153.0345
=55.408

Current CPI (Mar24) = 153.0345.

Max Healthcare Institute Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.000 97.163 0.000
201603 23.031 102.518 34.380
201703 26.350 105.196 38.333
201803 31.365 109.786 43.721
201903 30.628 118.202 39.654
202003 22.786 124.705 27.962
202103 28.758 131.771 33.399
202203 40.058 138.822 44.159
202303 46.969 146.865 48.942
202403 55.408 153.035 55.408

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.


Max Healthcare Institute  (BOM:543220) 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.


Max Healthcare Institute Cyclically Adjusted PS Ratio Related Terms

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


Max Healthcare Institute (BOM:543220) Business Description

Traded in Other Exchanges
Address
Capital Cyberscape, Sector-59, 2nd Floor, Gurugram, HR, IND, 122011
Max Healthcare Institute Ltd is a health care service provider. The company's facilities include third party healthcare providers with whom the company has entered long term service contracts for providing clinical, radiology, and pathology services. Its hospitals provide the full range of services through its Outpatient, Day Care, Emergency Room, and In-Patient departments to accommodate medical specialties as orthopedics, internal medicine, general surgery, cardiac sciences, oncology, neurosciences, and obstetrics, as well as diagnostics. The group primarily derives revenue from India.

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