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Abhishek (BOM:532831) Cyclically Adjusted PS Ratio : (As of Jun. 04, 2024)


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What is Abhishek Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Abhishek Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Abhishek'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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Abhishek Cyclically Adjusted PS Ratio Chart

Abhishek 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 - 0.04 0.04 - -

Abhishek 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 - 0.04 0.04 0.05 -

Competitive Comparison of Abhishek's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Abhishek'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.


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

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

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



Abhishek 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.

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

For example, Abhishek'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)
=30.013/153.0345*153.0345
=30.013

Current CPI (Mar. 2024) = 153.0345.

Abhishek Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 132.150 94.103 214.909
201409 43.263 96.780 68.410
201412 58.205 96.780 92.037
201503 35.070 97.163 55.236
201506 34.825 99.841 53.379
201509 26.693 101.753 40.146
201512 42.818 102.901 63.679
201603 57.625 102.518 86.020
201606 59.728 105.961 86.262
201609 51.565 105.961 74.473
201612 54.375 105.196 79.102
201703 196.148 105.196 285.347
201706 105.783 107.109 151.140
201709 99.610 109.021 139.824
201712 99.108 109.404 138.633
201803 121.585 109.786 169.481
201806 120.065 111.317 165.062
201809 118.853 115.142 157.967
201812 126.443 115.142 168.055
201903 94.440 118.202 122.270
201906 93.428 120.880 118.280
201909 80.690 123.175 100.250
201912 64.848 126.235 78.615
202003 142.965 124.705 175.443
202006 1.848 127.000 2.227
202009 136.015 130.118 159.970
202012 150.445 130.889 175.899
202103 180.173 131.771 209.248
202106 149.970 134.084 171.165
202109 164.300 135.847 185.087
202112 171.800 138.161 190.295
202203 192.586 138.822 212.303
202206 122.316 142.347 131.499
202209 33.048 144.661 34.961
202212 114.364 145.763 120.069
202303 145.396 146.865 151.504
202306 134.571 150.280 137.037
202309 49.010 151.492 49.509
202312 22.318 152.924 22.334
202403 30.013 153.035 30.013

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.


Abhishek  (BOM:532831) 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.


Abhishek Cyclically Adjusted PS Ratio Related Terms

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Abhishek (BOM:532831) Business Description

Traded in Other Exchanges
N/A
Address
Kolhapur-Hupari Road, Gat No. 148, Tamgaon, Taluka Karveer, Kolhapur, MH, IND, 416234
Abhishek Corp Ltd is engaged in the textile business. The company manufactures cotton yarn and dyed yarn shirting fabrics. It produces specialty yarns for various uses in weaving, as well as knitting applications. The bulk of its production goes for yarn dyed fabric varieties.

Abhishek (BOM:532831) Headlines

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