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Artson Engineering (BOM:522134) Cyclically Adjusted PS Ratio : 4.01 (As of May. 23, 2024)


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What is Artson Engineering Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Artson Engineering's current share price is ₹180.40. Artson Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹45.01. Artson Engineering's Cyclically Adjusted PS Ratio for today is 4.01.

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

BOM:522134' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.17   Max: 4.63
Current: 3.94

During the past years, Artson Engineering's highest Cyclically Adjusted PS Ratio was 4.63. The lowest was 1.37. And the median was 2.17.

BOM:522134's Cyclically Adjusted PS Ratio is ranked worse than
81.19% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs BOM:522134: 3.94

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.

Artson Engineering's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹6.785. 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 ₹45.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Artson Engineering Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Artson Engineering'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.

Artson Engineering Cyclically Adjusted PS Ratio Chart

Artson Engineering 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 - - 2.94 1.56 3.11

Artson Engineering 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 1.56 1.86 3.72 3.93 3.11

Competitive Comparison of Artson Engineering's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Artson Engineering'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.


Artson Engineering's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Artson Engineering's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Artson Engineering 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.

Artson Engineering's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=180.40/45.01
=4.01

* 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.

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

For example, Artson Engineering'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)
=6.785/153.0345*153.0345
=6.785

Current CPI (Mar. 2024) = 153.0345.

Artson Engineering Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.198 94.103 8.453
201409 4.454 96.780 7.043
201412 4.294 96.780 6.790
201503 3.798 97.163 5.982
201506 5.737 99.841 8.794
201509 7.378 101.753 11.096
201512 7.710 102.901 11.466
201603 9.403 102.518 14.036
201606 5.596 105.961 8.082
201609 7.537 105.961 10.885
201612 8.315 105.196 12.096
201703 8.197 105.196 11.925
201706 7.832 107.109 11.190
201709 7.516 109.021 10.550
201712 7.551 109.404 10.562
201803 12.655 109.786 17.640
201806 9.821 111.317 13.502
201809 8.668 115.142 11.521
201812 8.086 115.142 10.747
201903 17.092 118.202 22.129
201906 9.263 120.880 11.727
201909 11.276 123.175 14.009
201912 8.921 126.235 10.815
202003 13.684 124.705 16.793
202006 5.642 127.000 6.799
202009 10.040 130.118 11.808
202012 6.635 130.889 7.758
202103 18.180 131.771 21.114
202106 10.528 134.084 12.016
202109 12.196 135.847 13.739
202112 11.322 138.161 12.541
202203 12.644 138.822 13.939
202206 10.166 142.347 10.929
202209 9.252 144.661 9.788
202212 8.321 145.763 8.736
202303 7.945 146.865 8.279
202306 11.376 150.280 11.585
202309 8.163 151.492 8.246
202312 8.244 152.924 8.250
202403 6.785 153.035 6.785

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.


Artson Engineering  (BOM:522134) 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.


Artson Engineering Cyclically Adjusted PS Ratio Related Terms

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


Artson Engineering (BOM:522134) Business Description

Traded in Other Exchanges
N/A
Address
Prenderghast Road, Ground Floor, Mithona Towers 1-7-80 to 87, Secunderabad, Hyderabad, TG, IND, 500 003
Artson Engineering Ltd is an Indian based company. The company is involved in the manufacturing of structural metal products, and industrial and infrastructure construction projects. Its only operating segment is Supply of fabricated steel structure and site services of mechanical works. The company manufacture Pressure vessels, Buffer Vessels, Columns, Heat exchangers, Stacks, Storage Tanks, LPG/Propane Bullets and others.

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