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Abans Enterprises (BOM:512165) Cyclically Adjusted PS Ratio : 0.09 (As of Jun. 10, 2024)


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What is Abans Enterprises Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Abans Enterprises's current share price is ₹130.05. Abans Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹1,468.26. Abans Enterprises's Cyclically Adjusted PS Ratio for today is 0.09.

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

BOM:512165' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.11   Max: 0.14
Current: 0.09

During the past years, Abans Enterprises's highest Cyclically Adjusted PS Ratio was 0.14. The lowest was 0.07. And the median was 0.11.

BOM:512165's Cyclically Adjusted PS Ratio is ranked better than
97.8% of 592 companies
in the Capital Markets industry
Industry Median: 3.09 vs BOM:512165: 0.09

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.

Abans Enterprises's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹405.020. 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 ₹1,468.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abans Enterprises Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Abans Enterprises'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.

Abans Enterprises Cyclically Adjusted PS Ratio Chart

Abans Enterprises 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 - - - 0.12 0.08

Abans Enterprises 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 0.12 0.13 0.12 0.11 0.08

Competitive Comparison of Abans Enterprises's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Abans Enterprises'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.


Abans Enterprises's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Abans Enterprises 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.

Abans Enterprises's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=130.05/1468.26
=0.09

* 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.

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

For example, Abans Enterprises'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)
=405.02/153.0345*153.0345
=405.020

Current CPI (Mar. 2024) = 153.0345.

Abans Enterprises Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 0.000 97.163 0.000
201506 0.000 99.841 0.000
201509 14.013 101.753 21.075
201512 6.172 102.901 9.179
201603 4.323 102.518 6.453
201606 2.961 105.961 4.276
201609 7.880 105.961 11.381
201612 11.418 105.196 16.610
201703 28.133 105.196 40.927
201706 5.013 107.109 7.162
201709 5.994 109.021 8.414
201712 19.201 109.404 26.858
201803 19.053 109.786 26.559
201806 36.862 111.317 50.677
201809 13.419 115.142 17.835
201812 20.310 115.142 26.994
201903 26.645 118.202 34.497
201906 505.797 120.880 640.342
201909 559.500 123.175 695.131
201912 730.444 126.235 885.514
202003 1,457.854 124.705 1,789.036
202006 363.122 127.000 437.560
202009 688.203 130.118 809.411
202012 845.603 130.889 988.672
202103 1,011.709 131.771 1,174.970
202106 279.421 134.084 318.912
202109 666.603 135.847 750.942
202112 701.845 138.161 777.403
202203 444.262 138.822 489.746
202206 374.786 142.347 402.924
202209 454.516 144.661 480.825
202212 319.102 145.763 335.021
202303 246.031 146.865 256.367
202306 216.974 150.280 220.951
202309 325.815 151.492 329.132
202312 350.220 152.924 350.472
202403 405.020 153.035 405.020

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.


Abans Enterprises  (BOM:512165) 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.


Abans Enterprises Cyclically Adjusted PS Ratio Related Terms

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


Abans Enterprises (BOM:512165) Business Description

Traded in Other Exchanges
N/A
Address
227 Nariman Bhavan, 36, 37, 38A, 3rd Floor, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400 021
Abans Enterprises Ltd is involved in the business of trading, processing, broking, and consulting in commodities, agricultural products, precious metals, shares, and derivatives in electronic exchanges. The company's operating segment includes General Trading of commodities and Trading in Derivatives. It generates maximum revenue from the General Trading of commodities segment.

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