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Nishat Mills (KAR:NML) Cyclically Adjusted PS Ratio : 0.19 (As of Jun. 10, 2024)


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What is Nishat Mills Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Nishat Mills's current share price is ₨70.26. Nishat Mills's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₨375.85. Nishat Mills's Cyclically Adjusted PS Ratio for today is 0.19.

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

KAR:NML' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.21   Max: 0.37
Current: 0.19

During the past years, Nishat Mills's highest Cyclically Adjusted PS Ratio was 0.37. The lowest was 0.15. And the median was 0.21.

KAR:NML's Cyclically Adjusted PS Ratio is ranked better than
83.62% of 867 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs KAR:NML: 0.19

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.

Nishat Mills's adjusted revenue per share data for the three months ended in Mar. 2024 was ₨160.593. 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 ₨375.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nishat Mills Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nishat Mills'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.

Nishat Mills Cyclically Adjusted PS Ratio Chart

Nishat Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.35 0.24 0.16

Nishat Mills 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 0.16 0.16 0.17 0.21 0.18

Competitive Comparison of Nishat Mills's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Nishat Mills'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.


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

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

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



Nishat Mills 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.

Nishat Mills's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=70.26/375.85
=0.19

* 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.

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

For example, Nishat Mills'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)
=160.593/131.7762*131.7762
=160.593

Current CPI (Mar. 2024) = 131.7762.

Nishat Mills Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 59.874 100.560 78.461
201409 59.428 100.428 77.978
201412 62.460 99.070 83.080
201503 52.667 99.621 69.667
201506 51.742 100.684 67.721
201509 49.226 100.392 64.615
201512 51.082 99.792 67.454
201603 49.965 100.470 65.534
201606 47.849 101.688 62.007
201609 48.460 101.861 62.692
201612 54.648 101.863 70.696
201703 57.321 102.862 73.434
201706 56.630 103.349 72.207
201709 56.764 104.136 71.831
201712 57.335 104.011 72.640
201803 60.530 105.290 75.757
201806 66.302 106.317 82.179
201809 66.302 106.507 82.033
201812 65.370 105.998 81.268
201903 67.115 107.251 82.463
201906 73.174 108.070 89.226
201909 72.461 108.329 88.144
201912 69.483 108.420 84.451
202003 66.423 108.902 80.375
202006 43.940 108.767 53.235
202009 72.682 109.815 87.217
202012 69.628 109.897 83.490
202103 73.634 111.754 86.826
202106 81.865 114.631 94.109
202109 102.231 115.734 116.401
202112 113.688 117.630 127.361
202203 121.807 121.301 132.326
202206 133.528 125.017 140.748
202209 148.202 125.227 155.953
202212 119.296 125.222 125.540
202303 139.920 127.348 144.786
202306 143.479 128.729 146.876
202309 160.470 129.860 162.839
202312 131.868 129.419 134.269
202403 160.593 131.776 160.593

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.


Nishat Mills  (KAR:NML) 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.


Nishat Mills Cyclically Adjusted PS Ratio Related Terms

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


Nishat Mills (KAR:NML) Business Description

Traded in Other Exchanges
N/A
Address
7, Main Gulberg, Lahore, PB, PAK, 54660
Nishat Mills Ltd is a textile manufacturing firm in Pakistan. The firm produces cotton and also owns the weaving facility in Pakistan catering to home textile and apparel fabrics. The company conducts its activities through multiple segments such as Spinning, Weaving, Dyeing, Home Textile and Terry, Garments and Power Generation. Its processing facilities are specially made to handle heavyweight fabrics like twills, drills, canvases/poplins, fabrics with minimum tension such as stretch fabrics and all high-density weaves. The business also exports to Europe, the United States of America, Asia, Africa and Australia. The firm caters to domestic and international markets.