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The Shipping of India (BOM:523598) Cyclically Adjusted PS Ratio : 1.96 (As of Jun. 07, 2024)


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What is The Shipping of India Cyclically Adjusted PS Ratio?

As of today (2024-06-07), The Shipping of India's current share price is ₹243.30. The Shipping of India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹124.32. The Shipping of India's Cyclically Adjusted PS Ratio for today is 1.96.

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

BOM:523598' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.67   Max: 2.12
Current: 1.98

During the past years, The Shipping of India's highest Cyclically Adjusted PS Ratio was 2.12. The lowest was 0.48. And the median was 0.67.

BOM:523598's Cyclically Adjusted PS Ratio is ranked worse than
74.36% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs BOM:523598: 1.98

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.

The Shipping of India's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹30.350. 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 ₹124.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Shipping of India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Shipping of 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.

The Shipping of India Cyclically Adjusted PS Ratio Chart

The Shipping of India 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 - 0.59 0.59 0.75 1.68

The Shipping of India 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 0.75 0.79 1.16 1.30 1.68

Competitive Comparison of The Shipping of India's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, The Shipping of 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.


The Shipping of India's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, The Shipping of India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



The Shipping of 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.

The Shipping of India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=243.30/124.32
=1.96

* 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.

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

For example, The Shipping of 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)
=30.35/153.0345*153.0345
=30.350

Current CPI (Mar. 2024) = 153.0345.

The Shipping of India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 21.762 83.774 39.754
201303 20.614 85.687 36.816
201306 19.716 88.365 34.145
201309 22.213 91.042 37.338
201312 21.430 91.425 35.871
201403 25.846 91.425 43.263
201406 22.655 94.103 36.843
201409 23.332 96.780 36.894
201412 21.015 96.780 33.230
201503 24.826 97.163 39.102
201506 22.444 99.841 34.402
201509 23.119 101.753 34.770
201512 20.899 102.901 31.081
201603 19.743 102.518 29.471
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 19.167 111.317 26.350
201809 20.153 115.142 26.785
201812 23.060 115.142 30.649
201903 19.894 118.202 25.756
201906 19.714 120.880 24.958
201909 20.961 123.175 26.042
201912 26.160 126.235 31.714
202003 27.229 124.705 33.415
202006 24.541 127.000 29.572
202009 18.125 130.118 21.317
202012 18.030 130.889 21.081
202103 18.536 131.771 21.527
202106 22.047 134.084 25.163
202109 26.234 135.847 29.553
202112 30.735 138.161 34.044
202203 26.846 138.822 29.595
202206 31.458 142.347 33.820
202209 30.485 144.661 32.250
202212 32.099 145.763 33.700
202303 30.482 146.865 31.763
202306 25.735 150.280 26.207
202309 23.451 151.492 23.690
202312 28.740 152.924 28.761
202403 30.350 153.035 30.350

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.


The Shipping of India  (BOM:523598) 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.


The Shipping of India Cyclically Adjusted PS Ratio Related Terms

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


The Shipping of India (BOM:523598) Business Description

Traded in Other Exchanges
Address
245, Madame Cama Road, Shipping House, Nariman Point, Mumbai, MH, IND, 400021
The Shipping Corp of India Ltd is engaged in the sea and coastal freight water transport business. The company's segments include Liner, Bulk, Tanker, Technical and Offshore service, and others. Its Liner segment includes break-bulk, container transport, passenger and research vessels. The Bulk segment consists of dry bulk carriers. The tankers segment that derives the majority revenue comprises of crude and product carriers, gas carriers, and phosphoric acid carriers. The company's Technical and Offshore services segment covers owned offshore vessels and the others segment incorporates income earned from the maritime training institute. Its business operations are confined only to India.

The Shipping of India (BOM:523598) Headlines

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