GURUFOCUS.COM » STOCK LIST » Technology » Software » ExlService Holdings Inc (NAS:EXLS) » Definitions » Cyclically Adjusted PS Ratio

ExlService Holdings (ExlService Holdings) Cyclically Adjusted PS Ratio : 4.55 (As of Apr. 27, 2024)


View and export this data going back to 2006. Start your Free Trial

What is ExlService Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), ExlService Holdings's current share price is $29.36. ExlService Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.45. ExlService Holdings's Cyclically Adjusted PS Ratio for today is 4.55.

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

EXLS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.28   Med: 3.98   Max: 6.78
Current: 4.55

During the past years, ExlService Holdings's highest Cyclically Adjusted PS Ratio was 6.78. The lowest was 2.28. And the median was 3.98.

EXLS's Cyclically Adjusted PS Ratio is ranked worse than
74.65% of 1412 companies
in the Software industry
Industry Median: 1.87 vs EXLS: 4.55

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.

ExlService Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.481. 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 $6.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ExlService Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ExlService Holdings'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.

ExlService Holdings Cyclically Adjusted PS Ratio Chart

ExlService Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 4.09 5.98 5.99 4.79

ExlService Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.99 5.49 4.94 4.44 4.79

Competitive Comparison of ExlService Holdings's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, ExlService Holdings'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.


ExlService Holdings's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



ExlService Holdings 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.

ExlService Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.36/6.45
=4.55

* 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.

ExlService Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ExlService Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.481/129.4194*129.4194
=2.481

Current CPI (Dec. 2023) = 129.4194.

ExlService Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.729 99.695 0.946
201406 0.711 100.560 0.915
201409 0.727 100.428 0.937
201412 0.801 99.070 1.046
201503 0.843 99.621 1.095
201506 0.910 100.684 1.170
201509 0.957 100.392 1.234
201512 0.968 99.792 1.255
201603 0.973 100.470 1.253
201606 0.988 101.688 1.257
201609 0.987 101.861 1.254
201612 1.021 101.863 1.297
201703 1.043 102.862 1.312
201706 1.081 103.349 1.354
201709 1.098 104.136 1.365
201712 1.121 104.011 1.395
201803 1.173 105.290 1.442
201806 1.196 106.317 1.456
201809 1.313 106.507 1.595
201812 1.363 105.998 1.664
201903 1.376 107.251 1.660
201906 1.403 108.070 1.680
201909 1.449 108.329 1.731
201912 1.481 108.420 1.768
202003 1.417 108.902 1.684
202006 1.286 108.767 1.530
202009 1.396 109.815 1.645
202012 1.449 109.897 1.706
202103 1.523 111.754 1.764
202106 1.600 114.631 1.806
202109 1.693 115.734 1.893
202112 1.740 117.630 1.914
202203 1.943 121.301 2.073
202206 2.050 125.017 2.122
202209 2.140 125.227 2.212
202212 2.215 125.222 2.289
202303 2.361 127.348 2.399
202306 2.404 128.729 2.417
202309 2.451 129.860 2.443
202312 2.481 129.419 2.481

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.


ExlService Holdings  (NAS:EXLS) 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.


ExlService Holdings Cyclically Adjusted PS Ratio Related Terms

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


ExlService Holdings (ExlService Holdings) Business Description

Traded in Other Exchanges
Address
320 Park Avenue, 29th Floor, New York, NY, USA, 10022
ExlService Holdings Inc. is a business process management company that provides digital operations and analytical services to clients driving enterprise-scale business transformation initiatives that leverage company's deep expertise in analytics, AI, ML and cloud. The company offers business process outsourcing and automation services, and data-driven insights to customers in multiple industries. The company operates through four segments based on the products and services offered and markets served: Insurance, Healthcare, Emerging, Analytics. The vast majority of the company's revenue is earned in the United States, and more than half of its revenue comes from Analytics segment.
Executives
Vikas Bhalla officer: VP, Operations of EXL India C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Sarah K Williamson director 55 EAST 52ND STREET, C/O EVERCORE INC., NEW YORK NY 10055
Pamela M Harrison officer: CHIEF HUMAN RESOURCES OFFICER 6620 WEST BROAD STREET, RICHMOND VA 23230
Anne Elizabeth Minto director C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Clyde W Ostler director
Maurizio Nicolelli officer: Executive Vice President & CFO C/O CASA SYSTEMS, 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Andreas Fibig director INTERNATIONAL FLAVORS & FRAGRANCES INC., 521 WEST 57TH STREET, NEW YORK NY 10019
Ajay Ayyappan officer: SVP & Gen Counsel/Corp. Sec'y. 320 PARK AVENUE, 29TH FL, NEW YORK NY 10022
Nalin Kumar Miglani officer: VP and Chief HR Officer C/O EXLSERVICE HOLDINGS INC, 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Garen K Staglin director C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Anita Mahon officer: See Remarks 320 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Narasimha Kini officer: VP, Advis. Serv. of EXL India C/O EXLSERVICE HOLDINGS, INC., 350 PARK AVENUE, NEW YORK NY 10022
Rohit Kapoor director, officer: President and CFO C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Ankor Rai officer: EVP, Chief Digital Officer 320 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Jaynie M Studenmund director 506 SECOND AVENUE, 9TH FLOOR, SEATTLE WA 98104