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Polyplex (NSE:POLYPLEX) Cyclically Adjusted PS Ratio : 0.42 (As of Jun. 04, 2024)


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What is Polyplex Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Polyplex's current share price is ₹808.70. Polyplex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹1,911.56. Polyplex's Cyclically Adjusted PS Ratio for today is 0.42.

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

NSE:POLYPLEX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.71   Max: 1.77
Current: 0.41

During the past years, Polyplex's highest Cyclically Adjusted PS Ratio was 1.77. The lowest was 0.24. And the median was 0.71.

NSE:POLYPLEX's Cyclically Adjusted PS Ratio is ranked better than
83.24% of 1211 companies
in the Chemicals industry
Industry Median: 1.23 vs NSE:POLYPLEX: 0.41

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.

Polyplex's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹534.359. 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 ₹1,911.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polyplex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Polyplex'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.

Polyplex Cyclically Adjusted PS Ratio Chart

Polyplex 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 0.23 0.62 1.55 0.64 0.40

Polyplex 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 0.64 0.71 0.62 0.55 0.40

Competitive Comparison of Polyplex's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Polyplex'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.


Polyplex's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Polyplex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=808.70/1911.56
=0.42

* 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.

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

For example, Polyplex'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)
=534.359/153.0345*153.0345
=534.359

Current CPI (Mar. 2024) = 153.0345.

Polyplex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 267.411 94.103 434.878
201409 250.718 96.780 396.449
201412 242.232 96.780 383.031
201503 240.690 97.163 379.094
201506 250.105 99.841 383.358
201509 247.797 101.753 372.681
201512 234.439 102.901 348.658
201603 268.295 102.518 400.498
201606 246.692 105.961 356.285
201609 249.412 105.961 360.214
201612 247.244 105.196 359.680
201703 257.596 105.196 374.739
201706 255.294 107.109 364.758
201709 269.893 109.021 378.852
201712 285.642 109.404 399.557
201803 306.383 109.786 427.076
201806 332.919 111.317 457.687
201809 366.911 115.142 487.660
201812 365.762 115.142 486.132
201903 355.544 118.202 460.318
201906 349.287 120.880 442.199
201909 340.283 123.175 422.773
201912 341.328 126.235 413.790
202003 365.050 124.705 447.979
202006 365.214 127.000 440.080
202009 390.959 130.118 459.815
202012 394.069 130.889 460.742
202103 407.525 131.771 473.288
202106 458.638 134.084 523.458
202109 645.309 135.847 726.954
202112 557.753 138.161 617.798
202203 595.256 138.822 656.199
202206 647.422 142.347 696.029
202209 899.122 144.661 951.166
202212 593.647 145.763 623.262
202303 531.151 146.865 553.465
202306 495.167 150.280 504.243
202309 688.577 151.492 695.588
202312 477.925 152.924 478.269
202403 534.359 153.035 534.359

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.


Polyplex  (NSE:POLYPLEX) 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.


Polyplex Cyclically Adjusted PS Ratio Related Terms

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


Polyplex (NSE:POLYPLEX) Business Description

Traded in Other Exchanges
Address
B-37, Sector-1, District Gautam Budh Nagar, Noida, UP, IND, 201 301
Polyplex Corp Ltd is an India-based company engaged in the manufacturing of plastic films. The company diversified its business under Polyethylene Terephthalate films, Cast Polypropylene films, and Biaxially Oriented Polypropylene. The company has only one business segment i.e. Plastic film. These products act as raw materials for their product applications like packaging, industrial, and specialties, electrical, roofing, and others. Geographically, it derives a majority of its revenue from Outside India.

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