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Aarvee Denims & Exports (BOM:514274) Cyclically Adjusted PS Ratio : 0.07 (As of Jun. 04, 2024)


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What is Aarvee Denims & Exports Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Aarvee Denims & Exports's current share price is ₹23.29. Aarvee Denims & Exports's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹333.98. Aarvee Denims & Exports's Cyclically Adjusted PS Ratio for today is 0.07.

The historical rank and industry rank for Aarvee Denims & Exports's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:514274' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.07   Max: 0.11
Current: 0.07

During the past years, Aarvee Denims & Exports's highest Cyclically Adjusted PS Ratio was 0.11. The lowest was 0.05. And the median was 0.07.

BOM:514274's Cyclically Adjusted PS Ratio is ranked better than
95.92% of 858 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.645 vs BOM:514274: 0.07

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.

Aarvee Denims & Exports's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹10.881. 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 ₹333.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aarvee Denims & Exports Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aarvee Denims & Exports'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.

Aarvee Denims & Exports Cyclically Adjusted PS Ratio Chart

Aarvee Denims & Exports 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 - - - 0.06 0.05

Aarvee Denims & Exports 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 0.07 0.05 0.06 0.07 0.09

Competitive Comparison of Aarvee Denims & Exports's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Aarvee Denims & Exports'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.


Aarvee Denims & Exports's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Aarvee Denims & Exports's Cyclically Adjusted PS Ratio falls into.



Aarvee Denims & Exports 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.

Aarvee Denims & Exports's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.29/333.98
=0.07

* 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.

Aarvee Denims & Exports's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Aarvee Denims & Exports'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)
=10.881/152.9243*152.9243
=10.881

Current CPI (Dec. 2023) = 152.9243.

Aarvee Denims & Exports Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 70.914 91.425 118.616
201406 72.552 94.103 117.903
201409 79.310 96.780 125.319
201412 70.716 96.780 111.740
201503 80.248 97.163 126.302
201506 90.750 99.841 139.000
201509 89.507 101.753 134.519
201512 81.775 102.901 121.528
201603 96.236 102.518 143.553
201606 93.613 105.961 135.103
201609 90.050 105.961 129.961
201612 57.343 105.196 83.360
201703 113.029 105.196 164.311
201706 97.619 107.109 139.375
201709 76.178 109.021 106.855
201712 81.890 109.404 114.465
201803 95.907 109.786 133.591
201806 89.879 111.317 123.474
201809 79.063 115.142 105.007
201812 76.471 115.142 101.564
201903 73.476 118.202 95.060
201906 71.278 120.880 90.173
201909 71.230 123.175 88.434
201912 46.983 126.235 56.916
202003 49.855 124.705 61.137
202006 1.497 127.000 1.803
202009 18.586 130.118 21.844
202012 36.060 130.889 42.131
202103 57.551 131.771 66.790
202106 31.428 134.084 35.844
202109 48.933 135.847 55.084
202112 48.653 138.161 53.852
202203 47.204 138.822 51.999
202206 45.680 142.347 49.074
202209 23.281 144.661 24.611
202212 20.264 145.763 21.260
202303 21.327 146.865 22.207
202306 4.419 150.280 4.497
202309 10.577 151.492 10.677
202312 10.881 152.924 10.881

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.


Aarvee Denims & Exports  (BOM:514274) 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.


Aarvee Denims & Exports Cyclically Adjusted PS Ratio Related Terms

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


Aarvee Denims & Exports (BOM:514274) Business Description

Traded in Other Exchanges
Address
191, Moje Shahwadi, Narol - Sarkej Highway, Near Old Octroi Naka, Ahmedabad, GJ, IND, 382 405
Aarvee Denims & Exports Ltd is engaged in the manufacturing and selling of denim and non-denim fabrics and garments. The company has identified two reportable business segments that are Textile and Windmill; out of which the Textile segment generates the maximum revenue for the company. Geographically, it derives a majority of its revenue from India.

Aarvee Denims & Exports (BOM:514274) Headlines

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