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Ginni Filaments (BOM:590025) Cyclically Adjusted PS Ratio : 0.23 (As of Jun. 02, 2024)


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What is Ginni Filaments Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Ginni Filaments's current share price is ₹30.44. Ginni Filaments's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹130.25. Ginni Filaments's Cyclically Adjusted PS Ratio for today is 0.23.

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

BOM:590025' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.22   Max: 0.39
Current: 0.23

During the past years, Ginni Filaments's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.07. And the median was 0.22.

BOM:590025's Cyclically Adjusted PS Ratio is ranked better than
77.24% of 861 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs BOM:590025: 0.23

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.

Ginni Filaments's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹-37.888. 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 ₹130.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ginni Filaments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ginni Filaments'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.

Ginni Filaments Cyclically Adjusted PS Ratio Chart

Ginni Filaments 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 - 0.14 0.30 0.12 0.23

Ginni Filaments 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 0.12 0.21 0.19 0.21 0.23

Competitive Comparison of Ginni Filaments's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Ginni Filaments'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.


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

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

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



Ginni Filaments 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.

Ginni Filaments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.44/130.25
=0.23

* 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.

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

For example, Ginni Filaments'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)
=-37.888/153.0345*153.0345
=-37.888

Current CPI (Mar. 2024) = 153.0345.

Ginni Filaments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 29.231 94.103 47.537
201409 29.857 96.780 47.212
201412 25.779 96.780 40.763
201503 41.300 97.163 65.049
201506 23.626 99.841 36.214
201509 28.919 101.753 43.493
201512 26.604 102.901 39.566
201603 26.008 102.518 38.824
201606 27.373 105.961 39.534
201609 25.896 105.961 37.400
201612 25.937 105.196 37.732
201703 28.843 105.196 41.960
201706 24.022 107.109 34.322
201709 24.268 109.021 34.065
201712 25.793 109.404 36.079
201803 29.130 109.786 40.605
201806 28.145 111.317 38.693
201809 27.926 115.142 37.116
201812 28.274 115.142 37.579
201903 27.694 118.202 35.855
201906 24.884 120.880 31.503
201909 27.214 123.175 33.811
201912 29.668 126.235 35.966
202003 26.697 124.705 32.762
202006 18.286 127.000 22.035
202009 27.449 130.118 32.283
202012 30.761 130.889 35.966
202103 32.013 131.771 37.179
202106 26.888 134.084 30.688
202109 29.838 135.847 33.613
202112 34.282 138.161 37.973
202203 36.677 138.822 40.432
202206 31.821 142.347 34.210
202209 27.637 144.661 29.237
202212 25.373 145.763 26.639
202303 -41.241 146.865 -42.974
202306 26.188 150.280 26.668
202309 26.803 151.492 27.076
202312 25.713 152.924 25.732
202403 -37.888 153.035 -37.888

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.


Ginni Filaments  (BOM:590025) 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.


Ginni Filaments Cyclically Adjusted PS Ratio Related Terms

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


Ginni Filaments (BOM:590025) Business Description

Traded in Other Exchanges
Address
D-196, Sector-63, Noida, UP, IND, 201307
Ginni Filaments Ltd operates in Textiles and Other segments. Its Textile segment is engaged in the manufacturing of traditional textiles including yarn, knitted fabric, and knitted garments. Its other segment includes the manufacturing of nonwoven fabric and its converted products like wet and dry wipes. The company generates maximum revenue from the Textiles segment.

Ginni Filaments (BOM:590025) Headlines

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