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Everest Industries (BOM:508906) Cyclically Adjusted PS Ratio : 1.14 (As of May. 24, 2024)


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What is Everest Industries Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Everest Industries's current share price is ₹1207.15. Everest Industries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹1,056.04. Everest Industries's Cyclically Adjusted PS Ratio for today is 1.14.

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

BOM:508906' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.49   Max: 1.11
Current: 1.11

During the past 13 years, Everest Industries's highest Cyclically Adjusted PS Ratio was 1.11. The lowest was 0.14. And the median was 0.49.

BOM:508906's Cyclically Adjusted PS Ratio is ranked worse than
67.27% of 1280 companies
in the Construction industry
Industry Median: 0.64 vs BOM:508906: 1.11

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.

Everest Industries's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹1,046.314. 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 ₹1,056.04 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Everest Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Everest 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.

Everest Industries Cyclically Adjusted PS Ratio Chart

Everest Industries 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 0.52 0.14 0.29 0.71 0.71

Everest 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 - 0.71 - - -

Competitive Comparison of Everest Industries's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Everest 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.


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

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

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



Everest 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1207.15/1056.04
=1.14

* 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.

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

For example, Everest Industries'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)
=1046.314/146.8646*146.8646
=1,046.314

Current CPI (Mar23) = 146.8646.

Everest Industries Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 681.535 91.425 1,094.815
201503 808.075 97.163 1,221.429
201603 855.451 102.518 1,225.493
201703 742.834 105.196 1,037.074
201803 810.053 109.786 1,083.632
201903 892.606 118.202 1,109.052
202003 812.838 124.705 957.275
202103 773.715 131.771 862.343
202203 872.465 138.822 923.012
202303 1,046.314 146.865 1,046.314

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.


Everest Industries  (BOM:508906) 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.


Everest Industries Cyclically Adjusted PS Ratio Related Terms

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


Everest Industries (BOM:508906) Business Description

Traded in Other Exchanges
Address
Guru Hargovindji Road, Level 3, Tower 14, Solitaire Corporate Park, Chakala, Andheri (E), Mumbai, MH, IND, 40093
Everest Industries Ltd manufactures fiber cement products in India. The company offers its products in roofing, ceiling, wall, flooring, and cladding products and pre-engineered steel buildings for industrial, commercial, and residential applications. The business operations of the company are classified into two segments namely Building Products which contribute the majority of revenues and Steel Buildings. Geographically, the company derives maximum revenue from India.

Everest Industries (BOM:508906) Headlines

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