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VIP Industries (BOM:507880) Cyclically Adjusted PS Ratio : 3.73 (As of Jun. 10, 2024)


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What is VIP Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-10), VIP Industries's current share price is ₹484.15. VIP Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹129.97. VIP Industries's Cyclically Adjusted PS Ratio for today is 3.73.

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

BOM:507880' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.57   Med: 4.81   Max: 5.88
Current: 3.73

During the past years, VIP Industries's highest Cyclically Adjusted PS Ratio was 5.88. The lowest was 3.57. And the median was 4.81.

BOM:507880's Cyclically Adjusted PS Ratio is ranked worse than
90.44% of 868 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.635 vs BOM:507880: 3.73

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.

VIP Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹36.322. 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 ₹129.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


VIP Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VIP Industries'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.

VIP Industries Cyclically Adjusted PS Ratio Chart

VIP Industries 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 - - - 4.72 4.05

VIP Industries 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 4.72 4.88 5.14 4.61 4.05

Competitive Comparison of VIP Industries's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, VIP Industries'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.


VIP Industries's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



VIP Industries 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.

VIP Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=484.15/129.97
=3.73

* 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.

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

For example, VIP Industries'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)
=36.322/153.0345*153.0345
=36.322

Current CPI (Mar. 2024) = 153.0345.

VIP Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 15.648 91.425 26.193
201503 16.616 97.163 26.171
201506 24.953 99.841 38.248
201509 20.891 101.753 31.420
201512 20.627 102.901 30.677
201603 19.388 102.518 28.941
201606 25.917 105.961 37.431
201609 19.763 105.961 28.543
201612 21.355 105.196 31.066
201703 21.395 105.196 31.125
201706 28.294 107.109 40.426
201709 21.881 109.021 30.715
201712 23.882 109.404 33.406
201803 25.653 109.786 35.758
201806 36.619 111.317 50.343
201809 28.410 115.142 37.760
201812 30.502 115.142 40.540
201903 30.481 118.202 39.463
201906 39.885 120.880 50.495
201909 29.179 123.175 36.252
201912 30.458 126.235 36.924
202003 21.609 124.705 26.518
202006 2.852 127.000 3.437
202009 7.256 130.118 8.534
202012 16.609 130.889 19.419
202103 16.846 131.771 19.564
202106 14.671 134.084 16.744
202109 23.321 135.847 26.272
202112 27.898 138.161 30.901
202203 24.806 138.822 27.346
202206 41.539 142.347 44.658
202209 36.293 144.661 38.394
202212 37.003 145.763 38.849
202303 31.704 146.865 33.036
202306 44.722 150.280 45.542
202309 38.654 151.492 39.048
202312 38.211 152.924 38.239
202403 36.322 153.035 36.322

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.


VIP Industries  (BOM:507880) 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.


VIP Industries Cyclically Adjusted PS Ratio Related Terms

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


VIP Industries (BOM:507880) Business Description

Traded in Other Exchanges
Address
88-C, Old Prabhadevi Road, DGP House, 5th Floor, Mumbai, MH, IND, 400 025
VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and uprights, among others.

VIP Industries (BOM:507880) Headlines

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