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Walchandnagar Industries (BOM:507410) Cyclically Adjusted PS Ratio : 1.55 (As of May. 22, 2024)


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What is Walchandnagar Industries Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Walchandnagar Industries's current share price is ₹209.65. Walchandnagar Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹135.59. Walchandnagar Industries's Cyclically Adjusted PS Ratio for today is 1.55.

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

BOM:507410' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.33   Max: 1.79
Current: 1.61

During the past years, Walchandnagar Industries's highest Cyclically Adjusted PS Ratio was 1.79. The lowest was 0.11. And the median was 0.33.

BOM:507410's Cyclically Adjusted PS Ratio is ranked worse than
75.41% of 1277 companies
in the Construction industry
Industry Median: 0.64 vs BOM:507410: 1.61

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.

Walchandnagar Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹12.124. 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 ₹135.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Walchandnagar Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Walchandnagar 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.

Walchandnagar Industries Cyclically Adjusted PS Ratio Chart

Walchandnagar Industries Annual Data
Trend Sep14 Sep15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.12 0.30 0.30 0.35

Walchandnagar Industries 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 0.44 0.35 0.57 0.83 1.39

Competitive Comparison of Walchandnagar Industries's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Walchandnagar 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.


Walchandnagar Industries's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Walchandnagar Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Walchandnagar 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=209.65/135.59
=1.55

* 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.

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

For example, Walchandnagar Industries'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)
=12.124/152.9243*152.9243
=12.124

Current CPI (Dec. 2023) = 152.9243.

Walchandnagar Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 49.039 91.425 82.026
201406 38.910 94.103 63.232
201409 40.004 96.780 63.211
201412 43.219 96.780 68.291
201503 37.008 97.163 58.247
201506 30.754 99.841 47.105
201509 35.868 101.753 53.906
201512 34.014 102.901 50.549
201603 0.000 102.518 0.000
201606 20.122 105.961 29.040
201609 25.946 105.961 37.446
201612 26.256 105.196 38.169
201703 32.214 105.196 46.830
201706 23.043 107.109 32.900
201709 20.027 109.021 28.092
201712 30.496 109.404 42.627
201803 31.252 109.786 43.532
201806 18.911 111.317 25.980
201809 27.439 115.142 36.443
201812 24.740 115.142 32.858
201903 26.055 118.202 33.709
201906 16.486 120.880 20.856
201909 25.970 123.175 32.242
201912 19.610 126.235 23.756
202003 15.869 124.705 19.460
202006 12.552 127.000 15.114
202009 25.408 130.118 29.861
202012 26.176 130.889 30.583
202103 20.553 131.771 23.852
202106 13.345 134.084 15.220
202109 18.377 135.847 20.687
202112 21.479 138.161 23.774
202203 24.201 138.822 26.660
202206 17.045 142.347 18.312
202209 18.965 144.661 20.048
202212 15.894 145.763 16.675
202303 23.489 146.865 24.458
202306 14.604 150.280 14.861
202309 19.118 151.492 19.299
202312 12.124 152.924 12.124

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.


Walchandnagar Industries  (BOM:507410) 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.


Walchandnagar Industries Cyclically Adjusted PS Ratio Related Terms

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


Walchandnagar Industries (BOM:507410) Business Description

Traded in Other Exchanges
Address
S. No.12/3-B, G. A. Kulkarni Path, Building No. 1, 9th Floor, Siddharth Towers, Kothrud, Pune, MH, IND, 411 038
Walchandnagar Industries Ltd is an India-based company, that engages in manufacturing engineering products. It provides its services in the fields of Nuclear Power, Aerospace, Missile, Defence, Oil and Gas, Steam generation plants, Independent power projects, Turnkey Cement plants, Mineral Processing, Bulk Material handling, and Turnkey Sugar plants. It operates through the following segments: Heavy Engineering, Foundry and Machine Shop, and Others. The firm generates maximum revenue from the Heavy Engineering segment.

Walchandnagar Industries (BOM:507410) Headlines

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