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Refex Industries (BOM:532884) Cyclically Adjusted PS Ratio : 2.05 (As of Jun. 01, 2024)


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What is Refex Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Refex Industries's current share price is ₹135.10. Refex Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹65.96. Refex Industries's Cyclically Adjusted PS Ratio for today is 2.05.

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

BOM:532884' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.89   Max: 2.89
Current: 2.05

During the past years, Refex Industries's highest Cyclically Adjusted PS Ratio was 2.89. The lowest was 0.58. And the median was 1.89.

BOM:532884's Cyclically Adjusted PS Ratio is ranked worse than
72.48% of 109 companies
in the Other Energy Sources industry
Industry Median: 1.1 vs BOM:532884: 2.05

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.

Refex Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹29.409. 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 ₹65.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Refex Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Refex Industries'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.

Refex Industries Cyclically Adjusted PS Ratio Chart

Refex Industries 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 - - - 0.93 2.04

Refex Industries 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 0.93 1.95 2.14 1.91 2.04

Competitive Comparison of Refex Industries's Cyclically Adjusted PS Ratio

For the Thermal Coal subindustry, Refex Industries'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.


Refex Industries's Cyclically Adjusted PS Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Refex Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Refex Industries 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.

Refex Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=135.10/65.96
=2.05

* 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.

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

For example, Refex Industries'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)
=29.409/153.0345*153.0345
=29.409

Current CPI (Mar. 2024) = 153.0345.

Refex Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.650 85.687 1.161
201306 0.739 88.365 1.280
201309 0.721 91.042 1.212
201312 0.844 91.425 1.413
201403 0.750 91.425 1.255
201406 0.555 94.103 0.903
201409 0.383 96.780 0.606
201412 0.484 96.780 0.765
201503 11.286 97.163 17.776
201506 0.404 99.841 0.619
201509 0.355 101.753 0.534
201512 0.402 102.901 0.598
201603 8.614 102.518 12.859
201606 0.690 105.961 0.997
201609 2.696 105.961 3.894
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201809 7.740 115.142 10.287
201812 21.157 115.142 28.120
201903 25.924 118.202 33.563
201906 17.997 120.880 22.784
201909 20.765 123.175 25.799
201912 30.611 126.235 37.110
202003 15.897 124.705 19.508
202006 10.098 127.000 12.168
202009 24.538 130.118 28.860
202012 13.759 130.889 16.087
202103 14.520 131.771 16.863
202106 7.947 134.084 9.070
202109 8.958 135.847 10.091
202112 8.550 138.161 9.470
202203 16.840 138.822 18.564
202206 25.239 142.347 27.134
202209 33.660 144.661 35.608
202212 34.530 145.763 36.253
202303 56.859 146.865 59.248
202306 34.473 150.280 35.105
202309 31.676 151.492 31.999
202312 27.605 152.924 27.625
202403 29.409 153.035 29.409

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.


Refex Industries  (BOM:532884) 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.


Refex Industries Cyclically Adjusted PS Ratio Related Terms

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


Refex Industries (BOM:532884) Business Description

Traded in Other Exchanges
Address
Venkat Narayana Road, New No. 10/2, Old No. 56L, 11th Floor, Bascon Futura IT Park, T. Nagar, Chennai, TN, IND, 600017
Refex Industries Ltd is a manufacturer and refiller of refrigerant gases. The company's operating segment includes Coal & Ash Handling Business, Solar Power - Generation and Related Activities, Refrigerant Gas- (Refilling) and Sales, Sale Of Service, Power Trading, and Other. Geographically, the business activities are operated through the region of India.

Refex Industries (BOM:532884) Headlines

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