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Accuracy Shipping (NSE:ACCURACY) Cyclically Adjusted PS Ratio : 0.58 (As of Jun. 09, 2024)


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What is Accuracy Shipping Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Accuracy Shipping's current share price is ₹16.85. Accuracy Shipping's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹29.19. Accuracy Shipping's Cyclically Adjusted PS Ratio for today is 0.58.

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

NSE:ACCURACY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 10.39   Max: 12.56
Current: 0.58

During the past 11 years, Accuracy Shipping's highest Cyclically Adjusted PS Ratio was 12.56. The lowest was 0.39. And the median was 10.39.

NSE:ACCURACY's Cyclically Adjusted PS Ratio is not ranked
in the Transportation industry.
Industry Median: 0.84 vs NSE:ACCURACY: 0.58

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.

Accuracy Shipping's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹58.256. 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 ₹29.19 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accuracy Shipping Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Accuracy Shipping'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.

Accuracy Shipping Cyclically Adjusted PS Ratio Chart

Accuracy Shipping Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 10.73 0.45

Accuracy Shipping Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.45 - - -

Competitive Comparison of Accuracy Shipping's Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, Accuracy Shipping'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.


Accuracy Shipping's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Accuracy Shipping's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Accuracy Shipping 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.

Accuracy Shipping's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.85/29.19
=0.58

* 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.

Accuracy Shipping's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Accuracy Shipping's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=58.256/146.8646*146.8646
=58.256

Current CPI (Mar23) = 146.8646.

Accuracy Shipping Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.455 91.425 10.369
201503 10.709 97.163 16.187
201603 11.261 102.518 16.132
201703 13.248 105.196 18.496
201803 22.045 109.786 29.490
201903 24.166 118.202 30.026
202003 23.133 124.705 27.244
202103 24.883 131.771 27.733
202203 54.759 138.822 57.932
202303 58.256 146.865 58.256

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.


Accuracy Shipping  (NSE:ACCURACY) 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.


Accuracy Shipping Cyclically Adjusted PS Ratio Related Terms

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


Accuracy Shipping (NSE:ACCURACY) Business Description

Traded in Other Exchanges
N/A
Address
Indian Oil Pump Road, ASL House, Survey No. 42, Plot No. 11, Meghpar Borichi, Near Genus Factory, Anjar, Kachchh, GJ, IND, 370110
Accuracy Shipping Ltd is a logistics service provider in India. It offers customized and ends to end logistics solutions and services including transportation and distribution, freight forwarding, clearing and forwarding service, custom house clearance, warehousing and value-added services. It offers freight services for the export and import of cargo by multiple modes of transport such as sea, road and air.

Accuracy Shipping (NSE:ACCURACY) Headlines

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