GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Geojit Financial Services Ltd (NSE:GEOJITFSL) » Definitions » Cyclically Adjusted PS Ratio

Geojit Financial Services (NSE:GEOJITFSL) Cyclically Adjusted PS Ratio : 5.54 (As of Jun. 08, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Geojit Financial Services Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Geojit Financial Services's current share price is ₹98.80. Geojit Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹17.83. Geojit Financial Services's Cyclically Adjusted PS Ratio for today is 5.54.

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

NSE:GEOJITFSL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.39   Med: 3.4   Max: 6.23
Current: 5.55

During the past years, Geojit Financial Services's highest Cyclically Adjusted PS Ratio was 6.23. The lowest was 2.39. And the median was 3.40.

NSE:GEOJITFSL's Cyclically Adjusted PS Ratio is ranked worse than
66.72% of 592 companies
in the Capital Markets industry
Industry Median: 3.09 vs NSE:GEOJITFSL: 5.55

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.

Geojit Financial Services's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹7.237. 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 ₹17.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Geojit Financial Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Geojit Financial Services'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.

Geojit Financial Services Cyclically Adjusted PS Ratio Chart

Geojit Financial Services 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 - 3.30 3.91 2.41 3.60

Geojit Financial Services 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 2.86 2.41 3.06 4.47 3.60

Competitive Comparison of Geojit Financial Services's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Geojit Financial Services'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.


Geojit Financial Services's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Geojit Financial Services's Cyclically Adjusted PS Ratio falls into.



Geojit Financial Services 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.

Geojit Financial Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=98.80/17.83
=5.54

* 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.

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

For example, Geojit Financial Services'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)
=7.237/153.0345*153.0345
=7.237

Current CPI (Mar. 2024) = 153.0345.

Geojit Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.308 91.425 3.863
201406 3.493 94.103 5.680
201409 3.250 96.780 5.139
201412 3.030 96.780 4.791
201503 3.371 97.163 5.309
201506 2.607 99.841 3.996
201509 2.811 101.753 4.228
201512 2.457 102.901 3.654
201603 2.659 102.518 3.969
201606 2.941 105.961 4.248
201609 3.094 105.961 4.469
201612 2.818 105.196 4.100
201703 3.013 105.196 4.383
201706 3.203 107.109 4.576
201709 3.296 109.021 4.627
201712 3.805 109.404 5.322
201803 3.614 109.786 5.038
201806 2.996 111.317 4.119
201809 3.355 115.142 4.459
201812 2.600 115.142 3.456
201903 2.665 118.202 3.450
201906 2.576 120.880 3.261
201909 2.961 123.175 3.679
201912 2.813 126.235 3.410
202003 2.926 124.705 3.591
202006 3.377 127.000 4.069
202009 4.048 130.118 4.761
202012 3.869 130.889 4.524
202103 4.489 131.771 5.213
202106 4.429 134.084 5.055
202109 4.606 135.847 5.189
202112 4.629 138.161 5.127
202203 4.329 138.822 4.772
202206 3.440 142.347 3.698
202209 3.879 144.661 4.104
202212 3.844 145.763 4.036
202303 3.651 146.865 3.804
202309 4.933 151.492 4.983
202312 5.116 152.924 5.120
202403 7.237 153.035 7.237

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.


Geojit Financial Services  (NSE:GEOJITFSL) 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.


Geojit Financial Services Cyclically Adjusted PS Ratio Related Terms

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


Geojit Financial Services (NSE:GEOJITFSL) Business Description

Traded in Other Exchanges
Address
34/659-P, Civil Line Road, 11th Floor, Padivattom, Kochi, KL, IND, 682024
Geojit Financial Services Ltd is an investment services company. The company's operating segment includes Financial Services and Software services. Financial services segment consists of brokerage services, depository services, financial products distribution services, portfolio management services, and other allied activities. The Software services segment consists of income from the development and maintenance of software. It generates maximum revenue from the Financial Services segment. The geographical segments of the group are India and other countries.

Geojit Financial Services (NSE:GEOJITFSL) Headlines

No Headlines