GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » UltraTech Cement Ltd (LUX:ULCL1) » Definitions » Cyclically Adjusted PS Ratio

UltraTech Cement (LUX:ULCL1) Cyclically Adjusted PS Ratio : 5.48 (As of Jun. 01, 2024)


View and export this data going back to 2011. Start your Free Trial

What is UltraTech Cement Cyclically Adjusted PS Ratio?

As of today (2024-06-01), UltraTech Cement's current share price is $119.00. UltraTech Cement's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $21.70. UltraTech Cement's Cyclically Adjusted PS Ratio for today is 5.48.

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

LUX:ULCL1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.51   Med: 4.83   Max: 6.06
Current: 5.66

During the past years, UltraTech Cement's highest Cyclically Adjusted PS Ratio was 6.06. The lowest was 3.51. And the median was 4.83.

LUX:ULCL1's Cyclically Adjusted PS Ratio is ranked worse than
90.91% of 319 companies
in the Building Materials industry
Industry Median: 0.99 vs LUX:ULCL1: 5.66

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.

UltraTech Cement's adjusted revenue per share data for the three months ended in Mar. 2024 was $8.526. 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 $21.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


UltraTech Cement Cyclically Adjusted PS Ratio Historical Data

The historical data trend for UltraTech Cement'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.

UltraTech Cement Cyclically Adjusted PS Ratio Chart

UltraTech Cement 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 - 4.96 4.48 4.69 5.39

UltraTech Cement 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 4.69 4.90 4.77 5.92 5.39

Competitive Comparison of UltraTech Cement's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, UltraTech Cement'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.


UltraTech Cement's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, UltraTech Cement's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



UltraTech Cement 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.

UltraTech Cement's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=119.00/21.7
=5.48

* 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.

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

For example, UltraTech Cement'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)
=8.526/153.0345*153.0345
=8.526

Current CPI (Mar. 2024) = 153.0345.

UltraTech Cement Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.654 94.103 5.942
201409 3.422 96.780 5.411
201412 3.388 96.780 5.357
201503 3.964 97.163 6.243
201506 3.586 99.841 5.497
201509 3.224 101.753 4.849
201512 3.293 102.901 4.897
201603 3.713 102.518 5.543
201606 3.566 105.961 5.150
201609 3.150 105.961 4.549
201612 3.222 105.196 4.687
201703 3.886 105.196 5.653
201706 3.974 107.109 5.678
201709 3.834 109.021 5.382
201712 4.476 109.404 6.261
201803 5.272 109.786 7.349
201806 4.780 111.317 6.571
201809 4.468 115.142 5.938
201812 5.151 115.142 6.846
201903 7.024 118.202 9.094
201906 5.704 120.880 7.221
201909 4.673 123.175 5.806
201912 5.084 126.235 6.163
202003 4.749 124.705 5.828
202006 3.512 127.000 4.232
202009 4.898 130.118 5.761
202012 5.774 130.889 6.751
202103 6.621 131.771 7.689
202106 5.571 134.084 6.358
202109 5.655 135.847 6.370
202112 5.969 138.161 6.612
202203 6.766 138.822 7.459
202206 6.731 142.347 7.236
202209 6.001 144.661 6.348
202212 6.523 145.763 6.848
202303 7.864 146.865 8.194
202306 7.478 150.280 7.615
202309 6.683 151.492 6.751
202312 6.971 152.924 6.976
202403 8.526 153.035 8.526

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.


UltraTech Cement  (LUX:ULCL1) 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.


UltraTech Cement Cyclically Adjusted PS Ratio Related Terms

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


UltraTech Cement (LUX:ULCL1) Business Description

Traded in Other Exchanges
Address
Mahakali Caves Road, B Wing, Ahura Centre, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400 093
UltraTech Cement Ltd produces and sells cement and cement-related products. The company generates the vast majority of its revenue in India. UltraTech has one of the largest production capacities of any firm in India. The company's product portfolio includes Ordinary Portland cement, Portland blast-furnace slag cement, and Portland Pozzolana cement. Ordinary Portland cement is used for a wide range of applications including concrete products, masonry, and plastering. The firm's customers are in the building and construction industries.

UltraTech Cement (LUX:ULCL1) Headlines

No Headlines