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Linde India (BOM:523457) Cyclically Adjusted PS Ratio : 30.17 (As of Jun. 09, 2024)


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What is Linde India Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Linde India's current share price is ₹8514.90. Linde India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹282.25. Linde India's Cyclically Adjusted PS Ratio for today is 30.17.

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

BOM:523457' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.85   Med: 12.85   Max: 33.29
Current: 30.17

During the past years, Linde India's highest Cyclically Adjusted PS Ratio was 33.29. The lowest was 3.85. And the median was 12.85.

BOM:523457's Cyclically Adjusted PS Ratio is ranked worse than
99.26% of 1210 companies
in the Chemicals industry
Industry Median: 1.22 vs BOM:523457: 30.17

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.

Linde India's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹73.879. 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 ₹282.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Linde India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Linde India'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.

Linde India Cyclically Adjusted PS Ratio Chart

Linde India Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.12 9.98 12.86

Linde India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 12.86 15.67 21.35 19.97 22.70

Competitive Comparison of Linde India's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Linde India'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.


Linde India's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Linde India 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.

Linde India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8514.90/282.25
=30.17

* 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.

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

For example, Linde India'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)
=73.879/153.0345*153.0345
=73.879

Current CPI (Mar. 2024) = 153.0345.

Linde India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 38.247 83.774 69.868
201303 37.735 85.687 67.394
201306 38.277 88.365 66.290
201309 37.567 91.042 63.147
201312 51.432 91.425 86.091
201403 41.446 91.425 69.376
201406 41.677 94.103 67.777
201409 42.271 96.780 66.841
201412 40.288 96.780 63.706
201503 42.316 97.163 66.649
201506 43.550 99.841 66.753
201509 47.557 101.753 71.525
201512 48.997 102.901 72.868
201603 47.518 102.518 70.933
201606 50.395 105.961 72.783
201609 54.268 105.961 78.377
201612 60.593 105.196 88.148
201712 0.000 109.404 0.000
201806 64.918 111.317 89.247
201812 0.000 115.142 0.000
201903 51.706 118.202 66.943
201906 58.314 120.880 73.826
201909 48.023 123.175 59.665
201912 48.308 126.235 58.564
202003 44.269 124.705 54.326
202006 29.067 127.000 35.026
202009 43.434 130.118 51.084
202012 55.640 130.889 65.054
202103 51.765 131.771 60.118
202106 60.872 134.084 69.475
202109 59.445 135.847 66.966
202112 75.512 138.161 83.641
202203 60.652 138.822 66.862
202206 68.939 142.347 74.115
202209 80.407 144.661 85.061
202212 81.733 145.763 85.810
202306 84.532 150.280 86.081
202309 83.419 151.492 84.268
202312 82.818 152.924 82.878
202403 73.879 153.035 73.879

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.


Linde India  (BOM:523457) 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.


Linde India Cyclically Adjusted PS Ratio Related Terms

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


Linde India (BOM:523457) Business Description

Traded in Other Exchanges
Address
P43 Taratala Road, Oxygen House, Kolkata, WB, IND, 700 088
Linde India Ltd is a manufacturer of industrial gases. It operates in two segments: Gases and Related Products, which comprises pipeline gas supplies (Onsite) to large industrial customers, mainly the steel, glass, and chemical industries; and Project Engineering, which includes design, engineering, supply, installation, testing, and commissioning of Air Separation Plants and related projects on turnkey basis. The majority of its revenue comes from its Gases segment from the domestic market.

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