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Simmonds Marshall (BOM:507998) Cyclically Adjusted PS Ratio : 0.46 (As of May. 17, 2024)


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What is Simmonds Marshall Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Simmonds Marshall's current share price is ₹80.59. Simmonds Marshall's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹175.73. Simmonds Marshall's Cyclically Adjusted PS Ratio for today is 0.46.

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

BOM:507998' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.23   Max: 0.44
Current: 0.44

During the past 13 years, Simmonds Marshall's highest Cyclically Adjusted PS Ratio was 0.44. The lowest was 0.14. And the median was 0.23.

BOM:507998's Cyclically Adjusted PS Ratio is ranked better than
83.67% of 2192 companies
in the Industrial Products industry
Industry Median: 1.44 vs BOM:507998: 0.44

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.

Simmonds Marshall's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹162.687. 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 ₹175.73 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Simmonds Marshall Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Simmonds Marshall'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.

Simmonds Marshall Cyclically Adjusted PS Ratio Chart

Simmonds Marshall 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 0.56 0.15 0.19 0.23 0.22

Simmonds Marshall 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 - 0.22 - - -

Competitive Comparison of Simmonds Marshall's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, Simmonds Marshall'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.


Simmonds Marshall's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Simmonds Marshall's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Simmonds Marshall 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.

Simmonds Marshall's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.59/175.73
=0.46

* 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.

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

For example, Simmonds Marshall'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)
=162.687/146.8646*146.8646
=162.687

Current CPI (Mar23) = 146.8646.

Simmonds Marshall Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 100.010 91.425 160.656
201503 128.619 97.163 194.411
201603 128.486 102.518 184.065
201703 136.179 105.196 190.120
201803 164.497 109.786 220.053
201903 170.320 118.202 211.620
202003 133.016 124.705 156.652
202103 118.056 131.771 131.579
202203 137.535 138.822 145.503
202303 162.687 146.865 162.687

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.


Simmonds Marshall  (BOM:507998) 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.


Simmonds Marshall Cyclically Adjusted PS Ratio Related Terms

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


Simmonds Marshall (BOM:507998) Business Description

Traded in Other Exchanges
N/A
Address
5, Wallace Street, Apeejay Chambers, Fort, Mumbai, MH, IND, 400001
Simmonds Marshall Ltd is a manufacturer of industrial fasteners. It caters to the automotive and industrial sectors and supplies to almost all the major automobile manufacturers in India as original equipment suppliers. The company product range comprises of Cleveloc and all metal self-locking nuts, Dome cap, Slotted and castle, Nylon insert self-locking nuts, Bolts and Studs. It operates in two geographical segments: India and other countries, of which maximum revenue is derived from India.

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