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FCS Software Solutions (NSE:FCSSOFT) Cyclically Adjusted PS Ratio : 12.41 (As of Jun. 06, 2024)


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What is FCS Software Solutions Cyclically Adjusted PS Ratio?

As of today (2024-06-06), FCS Software Solutions's current share price is ₹3.60. FCS Software Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹0.29. FCS Software Solutions's Cyclically Adjusted PS Ratio for today is 12.41.

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

NSE:FCSSOFT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 5.73   Max: 21.17
Current: 13.36

During the past years, FCS Software Solutions's highest Cyclically Adjusted PS Ratio was 21.17. The lowest was 0.17. And the median was 5.73.

NSE:FCSSOFT's Cyclically Adjusted PS Ratio is ranked worse than
94.04% of 1459 companies
in the Software industry
Industry Median: 1.83 vs NSE:FCSSOFT: 13.36

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.

FCS Software Solutions's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹0.056. 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 ₹0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FCS Software Solutions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FCS Software Solutions'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.

FCS Software Solutions Cyclically Adjusted PS Ratio Chart

FCS Software Solutions 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 0.17 0.96 7.81 5.18 12.67

FCS Software Solutions 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 5.18 5.66 7.62 13.93 12.67

Competitive Comparison of FCS Software Solutions's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, FCS Software Solutions'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.


FCS Software Solutions's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

* The bar in red indicates where FCS Software Solutions's Cyclically Adjusted PS Ratio falls into.



FCS Software Solutions 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.

FCS Software Solutions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.60/0.29
=12.41

* 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.

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

For example, FCS Software Solutions'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)
=0.056/153.0345*153.0345
=0.056

Current CPI (Mar. 2024) = 153.0345.

FCS Software Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.122 94.103 0.198
201409 0.097 96.780 0.153
201412 0.129 96.780 0.204
201503 0.093 97.163 0.146
201506 0.067 99.841 0.103
201509 0.049 101.753 0.074
201512 0.058 102.901 0.086
201603 0.062 102.518 0.093
201606 0.053 105.961 0.077
201609 0.053 105.961 0.077
201612 0.051 105.196 0.074
201703 0.039 105.196 0.057
201706 0.040 107.109 0.057
201709 0.043 109.021 0.060
201712 0.058 109.404 0.081
201803 0.049 109.786 0.068
201806 0.041 111.317 0.056
201809 0.051 115.142 0.068
201812 0.070 115.142 0.093
201903 0.044 118.202 0.057
201906 0.052 120.880 0.066
201909 0.054 123.175 0.067
201912 0.058 126.235 0.070
202003 0.006 124.705 0.007
202006 0.056 127.000 0.067
202009 0.053 130.118 0.062
202012 0.051 130.889 0.060
202103 -0.004 131.771 -0.005
202106 0.049 134.084 0.056
202109 0.047 135.847 0.053
202112 0.048 138.161 0.053
202203 0.011 138.822 0.012
202206 0.048 142.347 0.052
202209 0.053 144.661 0.056
202212 0.054 145.763 0.057
202303 0.048 146.865 0.050
202306 0.050 150.280 0.051
202309 0.054 151.492 0.055
202312 0.053 152.924 0.053
202403 0.056 153.035 0.056

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.


FCS Software Solutions  (NSE:FCSSOFT) 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.


FCS Software Solutions Cyclically Adjusted PS Ratio Related Terms

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


FCS Software Solutions (NSE:FCSSOFT) Business Description

Traded in Other Exchanges
Address
Noida Dadri Road, Plot No. 83, Noida Phase - II, Gautam Budh Nagar, FCS House, Noida Special Economic Zone, Noida, UP, IND, 201 305
FCS Software Solutions Ltd is a company that provides Information Technology (IT) services and solutions. The company business consists of software development and marketing and providing support services for Business Process Outsourcing (BPO), software development, and others. Its geographical segments include India and the USA. The company derives a majority of revenue from India. The company's division consists of IT and IT Enable Services; Education/E-Learning and Infrastructure Management. It generates maximum revenue from the IT and IT Enable Services division.

FCS Software Solutions (NSE:FCSSOFT) Headlines

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