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Rain Industries (BOM:500339) Cyclically Adjusted PS Ratio : 0.33 (As of Jun. 01, 2024)


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What is Rain Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Rain Industries's current share price is ₹163.30. Rain Industries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ₹488.27. Rain Industries's Cyclically Adjusted PS Ratio for today is 0.33.

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

BOM:500339' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.35   Max: 1.62
Current: 0.35

During the past 13 years, Rain Industries's highest Cyclically Adjusted PS Ratio was 1.62. The lowest was 0.13. And the median was 0.35.

BOM:500339's Cyclically Adjusted PS Ratio is ranked better than
85.83% of 1214 companies
in the Chemicals industry
Industry Median: 1.21 vs BOM:500339: 0.35

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.

Rain Industries's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ₹536.704. 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 ₹488.27 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rain Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rain Industries'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.

Rain Industries Cyclically Adjusted PS Ratio Chart

Rain Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.34 0.58 0.36 0.32

Rain Industries Semi-Annual Data
Mar05 Mar06 Mar07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 0.28 0.34 0.58 0.36 0.32

Competitive Comparison of Rain Industries's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Rain Industries'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.


Rain Industries's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Rain Industries 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.

Rain Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=163.30/488.27
=0.33

* 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.

Rain Industries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Rain Industries's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=536.704/152.9243*152.9243
=536.704

Current CPI (Dec23) = 152.9243.

Rain Industries Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 348.856 96.780 551.233
201512 302.420 102.901 449.436
201612 273.571 105.196 397.692
201712 334.417 109.404 467.447
201812 415.219 115.142 551.468
201912 365.317 126.235 442.553
202012 309.093 130.889 361.129
202112 427.230 138.161 472.883
202212 621.568 145.763 652.106
202312 536.704 152.924 536.704

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.


Rain Industries  (BOM:500339) 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.


Rain Industries Cyclically Adjusted PS Ratio Related Terms

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


Rain Industries (BOM:500339) Business Description

Traded in Other Exchanges
Address
34, Srinagar Colony, Rain Center, Hyderabad, TG, IND, 500073
Rain Industries Ltd engages in the production of cement and other related products. The group operates through three segments namely Carbon Products, Advanced Materials, and Cement. The product portfolio of the group consists of Calcined Petroleum Coke, Green Petroleum Coke, Coal Tar Pitch, Co-generated Energy and other derivatives of coal tar distillation. In addition, it also focuses on the downstream operations of coal tar distillation and modifiers and is also involved in the manufacture and sale of cement. Geographically, the business of the firm is spread across the region of Europe, the United States, North America, Asia, and others.

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