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Aditya Ispat (BOM:513513) Cyclically Adjusted PS Ratio : 0.11 (As of Jun. 09, 2024)


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What is Aditya Ispat Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Aditya Ispat's current share price is ₹10.40. Aditya Ispat's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹96.46. Aditya Ispat's Cyclically Adjusted PS Ratio for today is 0.11.

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

BOM:513513' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 0.19
Current: 0.11

During the past years, Aditya Ispat's highest Cyclically Adjusted PS Ratio was 0.19. The lowest was 0.05. And the median was 0.10.

BOM:513513's Cyclically Adjusted PS Ratio is ranked better than
91.78% of 523 companies
in the Steel industry
Industry Median: 0.48 vs BOM:513513: 0.11

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.

Aditya Ispat's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹22.182. 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 ₹96.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aditya Ispat Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aditya Ispat'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.

Aditya Ispat Cyclically Adjusted PS Ratio Chart

Aditya Ispat Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.08 0.07 0.12 0.10

Aditya Ispat 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 0.11 0.10 0.09 0.09 0.10

Competitive Comparison of Aditya Ispat's Cyclically Adjusted PS Ratio

For the Steel subindustry, Aditya Ispat'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.


Aditya Ispat's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aditya Ispat's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aditya Ispat 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.

Aditya Ispat's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.40/96.46
=0.11

* 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.

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

For example, Aditya Ispat'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)
=22.182/152.9243*152.9243
=22.182

Current CPI (Dec. 2023) = 152.9243.

Aditya Ispat Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 33.511 91.425 56.053
201406 13.781 94.103 22.395
201409 14.214 96.780 22.460
201412 13.150 96.780 20.779
201503 19.592 97.163 30.836
201506 8.418 99.841 12.894
201509 10.535 101.753 15.833
201512 13.378 102.901 19.881
201603 23.300 102.518 34.756
201606 13.877 105.961 20.027
201609 14.491 105.961 20.914
201612 15.121 105.196 21.982
201703 24.957 105.196 36.280
201706 13.746 107.109 19.626
201709 7.779 109.021 10.912
201712 10.373 109.404 14.499
201803 22.629 109.786 31.521
201806 11.630 111.317 15.977
201809 19.233 115.142 25.544
201812 14.772 115.142 19.619
201903 28.412 118.202 36.758
201906 12.269 120.880 15.521
201909 11.062 123.175 13.734
201912 13.429 126.235 16.268
202003 21.042 124.705 25.804
202006 9.870 127.000 11.885
202009 21.916 130.118 25.757
202012 26.370 130.889 30.809
202103 36.100 131.771 41.895
202106 15.252 134.084 17.395
202109 15.055 135.847 16.948
202112 12.987 138.161 14.375
202203 36.901 138.822 40.650
202206 28.939 142.347 31.089
202209 16.028 144.661 16.944
202212 25.645 145.763 26.905
202303 29.298 146.865 30.507
202306 23.013 150.280 23.418
202309 32.637 151.492 32.946
202312 22.182 152.924 22.182

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.


Aditya Ispat  (BOM:513513) 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.


Aditya Ispat Cyclically Adjusted PS Ratio Related Terms

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


Aditya Ispat (BOM:513513) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Plot No. 20, Phase V, IDA, Jeedimetla, Hyderabad, AP, IND, 500055
Aditya Ispat Ltd is a company that operates in the steel business. It is primarily involved in the manufacturing of bright steel bars of mild steel, carbon steel, alloy steel, and wires. The bright steel bar is the basic raw material for bolts, nuts, shafts, fasteners, tools, and manual irrigation equipment and is also widely used by automobile, fabrication, engineering, fan, chemical, food, marine, dairy, pharmaceuticals, and aerospace industries. In addition, it is also involved in the manufacturing of HB wire and Annealed wire including Binding wire. Geographically, operates through India and it derives revenue through the sale of the mentioned products.

Aditya Ispat (BOM:513513) Headlines

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