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Syntel (Syntel) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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What is Syntel Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Syntel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Syntel'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.

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Syntel Cyclically Adjusted PS Ratio Chart

Syntel Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
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Syntel Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of Syntel's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Syntel'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.


Syntel's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Syntel 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.

Syntel's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2018 is calculated as:

For example, Syntel's adjusted Revenue per Share data for the three months ended in Jun. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=2.991/106.3168*106.3168
=2.991

Current CPI (Jun. 2018) = 106.3168.

Syntel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200809 1.255 92.307 1.445
200812 1.265 88.697 1.516
200903 1.164 89.744 1.379
200906 1.207 91.003 1.410
200909 1.261 91.120 1.471
200912 1.417 91.111 1.653
201003 1.396 91.821 1.616
201006 1.571 91.962 1.816
201009 1.689 92.162 1.948
201012 1.738 92.474 1.998
201103 1.743 94.283 1.965
201106 1.882 95.235 2.101
201109 2.009 95.727 2.231
201112 2.066 95.213 2.307
201203 2.044 96.783 2.245
201206 2.142 96.819 2.352
201209 2.230 97.633 2.428
201212 2.244 96.871 2.463
201303 2.260 98.209 2.447
201306 2.419 98.518 2.610
201309 2.505 98.790 2.696
201312 2.661 98.326 2.877
201403 2.615 99.695 2.789
201406 2.720 100.560 2.876
201409 2.719 100.428 2.878
201412 2.800 99.070 3.005
201503 2.622 99.621 2.798
201506 2.850 100.684 3.009
201509 3.015 100.392 3.193
201512 3.023 99.792 3.221
201603 2.865 100.470 3.032
201606 2.919 101.688 3.052
201609 2.862 101.861 2.987
201612 2.828 101.863 2.952
201703 2.694 102.862 2.784
201706 2.705 103.349 2.783
201709 2.769 104.136 2.827
201712 2.881 104.011 2.945
201803 2.943 105.290 2.972
201806 2.991 106.317 2.991

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.


Syntel  (NAS:SYNT) 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.


Syntel Cyclically Adjusted PS Ratio Related Terms

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


Syntel (Syntel) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Syntel is a global provider of digital transformation, information technology, and knowledge process. The company earns approximately half of its revenue from customers in the banking and financial services industry. Syntel provides a broad range of technology solutions to its customers, including managed IT services, digital one, and KPO services. Managed services provides complete software applications development, maintenance, digital modernization, IT infrastructure, cloud, and migration services. Syntel's Digital One service line provides a range of consulting and implementation services built around enterprise architecture, data warehousing and business intelligence, enterprise application integration, web and mobile applications, and "Internet of Things".
Executives
Bharat Desai director, 10 percent owner, officer: Co-Chairman 2800, SUITE 300, BLOOMFIELD MI 48304
Neerja Sethi director, 10 percent owner 2800, SUITE 300, BLOOMFIELD MI 48304
Prashant Ranade director, officer: Co-Chairman 507 PLYMOUTH AVENUE, NE, GRAND RAPIDS MI 49505
Mrkonic George R Jr director C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108

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