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Ace Edutrend (BOM:530093) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is Ace Edutrend Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ace Edutrend Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ace Edutrend'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.

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Ace Edutrend Cyclically Adjusted PS Ratio Chart

Ace Edutrend Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
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Ace Edutrend Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Ace Edutrend's Cyclically Adjusted PS Ratio

For the Education & Training Services subindustry, Ace Edutrend'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.


Ace Edutrend's Cyclically Adjusted PS Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Ace Edutrend's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ace Edutrend 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.

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

For example, Ace Edutrend'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)
=0/153.0345*153.0345
=0.000

Current CPI (Mar. 2024) = 153.0345.

Ace Edutrend Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.510 94.103 10.587
201409 6.510 96.780 10.294
201412 5.512 96.780 8.716
201503 8.715 97.163 13.726
201506 4.379 99.841 6.712
201509 3.288 101.753 4.945
201512 3.876 102.901 5.764
201603 4.315 102.518 6.441
201606 3.297 105.961 4.762
201609 3.026 105.961 4.370
201612 1.657 105.196 2.411
201703 1.526 105.196 2.220
201706 1.156 107.109 1.652
201709 0.873 109.021 1.225
201712 0.574 109.404 0.803
201803 0.353 109.786 0.492
201806 0.230 111.317 0.316
201809 0.161 115.142 0.214
201812 0.122 115.142 0.162
201903 0.084 118.202 0.109
201906 0.079 120.880 0.100
201909 0.080 123.175 0.099
201912 0.070 126.235 0.085
202003 0.066 124.705 0.081
202006 0.032 127.000 0.039
202009 0.051 130.118 0.060
202012 0.046 130.889 0.054
202103 0.000 131.771 0.000
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.000 138.822 0.000
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000
202403 0.000 153.035 0.000

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.


Ace Edutrend  (BOM:530093) 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.


Ace Edutrend Cyclically Adjusted PS Ratio Related Terms

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Ace Edutrend (BOM:530093) Business Description

Traded in Other Exchanges
N/A
Address
A-7/6, Jhilmil Industrial Area, Shahdara, New Delhi, IND, 110095
Ace Edutrend Ltd is an India-based company engaged in providing coaching and vocational secondary education. The company is engaged in the Tutoring and Coaching Segment and providing Higher and Vocational Education.

Ace Edutrend (BOM:530093) Headlines

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