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Marico (BOM:531642) Cyclically Adjusted PS Ratio : 8.18 (As of Jun. 03, 2024)


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What is Marico Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Marico's current share price is ₹595.45. Marico's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹72.76. Marico's Cyclically Adjusted PS Ratio for today is 8.18.

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

BOM:531642' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.46   Med: 7.32   Max: 9.43
Current: 8.18

During the past years, Marico's highest Cyclically Adjusted PS Ratio was 9.43. The lowest was 4.46. And the median was 7.32.

BOM:531642's Cyclically Adjusted PS Ratio is ranked worse than
95.66% of 1382 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs BOM:531642: 8.18

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.

Marico's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹17.556. 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 ₹72.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marico Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Marico'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.

Marico Cyclically Adjusted PS Ratio Chart

Marico 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 4.94 6.95 7.85 6.94 6.83

Marico Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 7.47 6.94 7.86 7.56 6.83

Competitive Comparison of Marico's Cyclically Adjusted PS Ratio

For the Household & Personal Products subindustry, Marico'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.


Marico's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marico's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Marico 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.

Marico's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=595.45/72.76
=8.18

* 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.

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

For example, Marico'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)
=17.556/153.0345*153.0345
=17.556

Current CPI (Mar. 2024) = 153.0345.

Marico Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.289 91.425 13.875
201406 12.541 94.103 20.395
201409 11.057 96.780 17.484
201412 11.238 96.780 17.770
201503 9.477 97.163 14.927
201506 13.762 99.841 21.094
201509 11.549 101.753 17.369
201512 12.050 102.901 17.921
201603 10.264 102.518 15.322
201606 13.801 105.961 19.932
201609 11.389 105.961 16.449
201612 11.132 105.196 16.194
201703 10.213 105.196 14.857
201706 13.048 107.109 18.643
201709 11.939 109.021 16.759
201712 12.596 109.404 17.619
201803 11.475 109.786 15.995
201806 15.739 111.317 21.637
201809 14.297 115.142 19.002
201812 14.449 115.142 19.204
201903 11.968 118.202 15.495
201906 16.737 120.880 21.189
201909 14.217 123.175 17.663
201912 14.082 126.235 17.072
202003 11.086 124.705 13.604
202006 14.854 127.000 17.899
202009 15.445 130.118 18.165
202012 16.451 130.889 19.234
202103 15.105 131.771 17.543
202106 19.576 134.084 22.343
202109 18.710 135.847 21.077
202112 18.635 138.161 20.641
202203 16.270 138.822 17.936
202206 19.788 142.347 21.274
202209 19.238 144.661 20.352
202212 19.052 145.763 20.002
202303 17.350 146.865 18.079
202309 19.149 151.492 19.344
202312 18.718 152.924 18.731
202403 17.556 153.035 17.556

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.


Marico  (BOM:531642) 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.


Marico Cyclically Adjusted PS Ratio Related Terms

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


Marico (BOM:531642) Business Description

Traded in Other Exchanges
Address
175, CST Road, 7th floor, Grande Palladium, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
Marico Ltd is an Indian beauty and wellness products company. The company is present in emerging markets across Asia and Africa. The cosmetic product categories are hair care, male grooming, skin care, edible oils, health foods, and fabric care. Locally, Marico sells under brands such as Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Livon, Set Wet, Mediker, and Revive. Internationally, the company offers the following brands: Parachute, HairCode, Hercules, Black Chic, Code 10, Fiancee, Caivil, Ingwe, X-Men, and Thuan Phat.

Marico (BOM:531642) Headlines

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