GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Indokem Ltd (BOM:504092) » Definitions » Cyclically Adjusted PS Ratio

Indokem (BOM:504092) Cyclically Adjusted PS Ratio : 2.00 (As of May. 26, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Indokem Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Indokem's current share price is ₹85.49. Indokem's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹42.80. Indokem's Cyclically Adjusted PS Ratio for today is 2.00.

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

BOM:504092' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 2.18   Max: 3.64
Current: 2

During the past years, Indokem's highest Cyclically Adjusted PS Ratio was 3.64. The lowest was 0.78. And the median was 2.18.

BOM:504092's Cyclically Adjusted PS Ratio is ranked worse than
68.43% of 1210 companies
in the Chemicals industry
Industry Median: 1.23 vs BOM:504092: 2.00

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.

Indokem's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹15.485. 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 ₹42.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indokem Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Indokem'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.

Indokem Cyclically Adjusted PS Ratio Chart

Indokem 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 - - 0.78 1.32 2.66

Indokem Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 3.34 2.66 2.50 2.86 2.36

Competitive Comparison of Indokem's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Indokem'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.


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

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

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



Indokem 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=85.49/42.8
=2.00

* 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.

Indokem's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Indokem's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=15.485/152.9243*152.9243
=15.485

Current CPI (Dec. 2023) = 152.9243.

Indokem Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.855 91.425 6.448
201406 6.690 94.103 10.872
201409 6.990 96.780 11.045
201412 5.520 96.780 8.722
201503 6.203 97.163 9.763
201506 5.138 99.841 7.870
201509 7.012 101.753 10.538
201512 5.075 102.901 7.542
201603 7.227 102.518 10.780
201606 7.086 105.961 10.227
201609 7.339 105.961 10.592
201612 5.622 105.196 8.173
201703 8.193 105.196 11.910
201706 9.528 107.109 13.604
201709 6.951 109.021 9.750
201712 7.320 109.404 10.232
201803 8.772 109.786 12.219
201806 8.261 111.317 11.349
201809 8.404 115.142 11.162
201812 7.706 115.142 10.235
201903 8.628 118.202 11.162
201906 8.526 120.880 10.786
201909 9.358 123.175 11.618
201912 9.236 126.235 11.189
202003 8.775 124.705 10.761
202006 3.157 127.000 3.801
202009 8.162 130.118 9.593
202012 9.153 130.889 10.694
202103 10.698 131.771 12.415
202106 9.861 134.084 11.247
202109 10.282 135.847 11.575
202112 14.018 138.161 15.516
202203 12.424 138.822 13.686
202206 10.830 142.347 11.635
202209 13.547 144.661 14.321
202212 14.620 145.763 15.338
202303 -3.535 146.865 -3.681
202306 12.960 150.280 13.188
202309 14.488 151.492 14.625
202312 15.485 152.924 15.485

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.


Indokem  (BOM:504092) 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.


Indokem Cyclically Adjusted PS Ratio Related Terms

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


Indokem (BOM:504092) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Mogul Lane, Plot No. 410 / 411, Khatau House, Mahim (West), Mumbai, MH, IND, 400016
Indokem Ltd is an India-based company engaged in the business of dyes, auxiliaries, and sizing chemicals for the textile industry. The company operates in two segments: including textile dyes and chemicals; and electrical capacitors. It generates majority of the revenues from the sale of manufactured goods, and traded goods.

Indokem (BOM:504092) Headlines

No Headlines