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Sreeleathers (BOM:535601) Cyclically Adjusted PS Ratio : 3.94 (As of Jun. 09, 2024)


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What is Sreeleathers Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Sreeleathers's current share price is ₹274.90. Sreeleathers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹69.72. Sreeleathers's Cyclically Adjusted PS Ratio for today is 3.94.

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

BOM:535601' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.68   Med: 3.35   Max: 6.02
Current: 3.94

During the past years, Sreeleathers's highest Cyclically Adjusted PS Ratio was 6.02. The lowest was 2.68. And the median was 3.35.

BOM:535601's Cyclically Adjusted PS Ratio is ranked worse than
90.9% of 868 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.635 vs BOM:535601: 3.94

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.

Sreeleathers's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹21.400. 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 ₹69.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sreeleathers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sreeleathers'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.

Sreeleathers Cyclically Adjusted PS Ratio Chart

Sreeleathers 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 - 3.02 3.71 2.75 4.02

Sreeleathers 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 2.75 3.02 3.63 5.82 4.02

Competitive Comparison of Sreeleathers's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Sreeleathers'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.


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

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

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



Sreeleathers 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=274.90/69.72
=3.94

* 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.

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

For example, Sreeleathers'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)
=21.4/153.0345*153.0345
=21.400

Current CPI (Mar. 2024) = 153.0345.

Sreeleathers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.210 94.103 10.099
201409 8.627 96.780 13.641
201412 5.927 96.780 9.372
201503 5.868 97.163 9.242
201506 6.681 99.841 10.241
201509 8.880 101.753 13.355
201512 8.723 102.901 12.973
201603 7.401 102.518 11.048
201606 8.522 105.961 12.308
201609 11.296 105.961 16.314
201612 17.215 105.196 25.044
201703 10.499 105.196 15.273
201706 12.566 107.109 17.954
201709 17.215 109.021 24.165
201712 12.900 109.404 18.045
201803 13.344 109.786 18.601
201806 15.328 111.317 21.072
201809 19.320 115.142 25.678
201812 16.916 115.142 22.483
201903 15.087 118.202 19.533
201906 17.075 120.880 21.617
201909 20.907 123.175 25.975
201912 16.896 126.235 20.483
202003 13.862 124.705 17.011
202006 1.299 127.000 1.565
202009 5.504 130.118 6.473
202012 14.056 130.889 16.434
202103 14.481 131.771 16.818
202106 5.397 134.084 6.160
202109 14.295 135.847 16.104
202112 17.768 138.161 19.681
202203 15.177 138.822 16.731
202206 19.414 142.347 20.872
202209 25.518 144.661 26.995
202212 20.459 145.763 21.480
202303 20.805 146.865 21.679
202306 21.446 150.280 21.839
202309 26.045 151.492 26.310
202312 25.087 152.924 25.105
202403 21.400 153.035 21.400

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.


Sreeleathers  (BOM:535601) 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.


Sreeleathers Cyclically Adjusted PS Ratio Related Terms

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


Sreeleathers (BOM:535601) Business Description

Traded in Other Exchanges
Address
6, Tottee Lane, Kolkata, WB, IND, 700 016
Sreeleathers Ltd operates in the footwear industry. The company is engaged in the business of dealing with all kinds of footwear and leather accessories. In addition, it is engaged as a retailer and wholesaler of footwear and leather articles. The company's products include formals, canvas, chappal, casual, sandal, and shoe.

Sreeleathers (BOM:535601) Headlines

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