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Atharv Enterprises (BOM:530187) Cyclically Adjusted PS Ratio : 0.97 (As of May. 28, 2024)


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What is Atharv Enterprises Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Atharv Enterprises's current share price is ₹2.40. Atharv Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹2.47. Atharv Enterprises's Cyclically Adjusted PS Ratio for today is 0.97.

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

BOM:530187' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.95   Max: 1.3
Current: 0.87

During the past years, Atharv Enterprises's highest Cyclically Adjusted PS Ratio was 1.30. The lowest was 0.22. And the median was 0.95.

BOM:530187's Cyclically Adjusted PS Ratio is ranked worse than
58.58% of 857 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs BOM:530187: 0.87

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.

Atharv Enterprises's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.138. 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 ₹2.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atharv Enterprises Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Atharv Enterprises'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.

Atharv Enterprises Cyclically Adjusted PS Ratio Chart

Atharv Enterprises 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 - - 0.24 1.03 1.21

Atharv Enterprises 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 0.98 1.21 1.01 1.02 1.02

Competitive Comparison of Atharv Enterprises's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Atharv Enterprises'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.


Atharv Enterprises's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Atharv Enterprises 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.

Atharv Enterprises's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.40/2.47
=0.97

* 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.

Atharv Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Atharv Enterprises'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)
=0.138/152.9243*152.9243
=0.138

Current CPI (Dec. 2023) = 152.9243.

Atharv Enterprises Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.812 91.425 1.358
201406 0.867 94.103 1.409
201409 0.735 96.780 1.161
201412 0.751 96.780 1.187
201503 0.558 97.163 0.878
201506 0.579 99.841 0.887
201509 0.716 101.753 1.076
201512 0.716 102.901 1.064
201603 1.358 102.518 2.026
201606 0.291 105.961 0.420
201609 0.260 105.961 0.375
201612 0.143 105.196 0.208
201703 0.315 105.196 0.458
201706 0.173 107.109 0.247
201709 0.172 109.021 0.241
201712 0.133 109.404 0.186
201803 0.218 109.786 0.304
201806 0.277 111.317 0.381
201809 0.057 115.142 0.076
201812 0.100 115.142 0.133
201903 0.108 118.202 0.140
201906 0.071 120.880 0.090
201909 0.019 123.175 0.024
201912 0.000 126.235 0.000
202003 0.131 124.705 0.161
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.001 130.889 0.001
202103 0.136 131.771 0.158
202106 0.006 134.084 0.007
202109 0.000 135.847 0.000
202112 0.004 138.161 0.004
202203 0.425 138.822 0.468
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.266 145.763 0.279
202303 0.721 146.865 0.751
202306 2.690 150.280 2.737
202309 1.928 151.492 1.946
202312 0.138 152.924 0.138

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.


Atharv Enterprises  (BOM:530187) 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.


Atharv Enterprises Cyclically Adjusted PS Ratio Related Terms

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


Atharv Enterprises (BOM:530187) Business Description

Traded in Other Exchanges
N/A
Address
Central Road, Yogi Kripa C.H.S.L, D/27, Shop No.1, Yogi Nagar, Borivali, Mumbai Sub-Urban District,, Near Corporation Bank, Mumbai, MH, IND, 400091
Atharv Enterprises Ltd is an India-based company textile manufacturing company. The company manufactures textile fabrics and synthetic fabrics. The company operates in the fabrics business.

Atharv Enterprises (BOM:530187) Headlines

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