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Adani Enterprises (BOM:512599) Cyclically Adjusted PS Ratio : 4.73 (As of May. 20, 2024)


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What is Adani Enterprises Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Adani Enterprises's current share price is ₹3060.25. Adani Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹646.90. Adani Enterprises's Cyclically Adjusted PS Ratio for today is 4.73.

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

BOM:512599' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 3.08   Max: 6.59
Current: 4.73

During the past years, Adani Enterprises's highest Cyclically Adjusted PS Ratio was 6.59. The lowest was 0.25. And the median was 3.08.

BOM:512599's Cyclically Adjusted PS Ratio is ranked worse than
87.27% of 110 companies
in the Other Energy Sources industry
Industry Median: 1.15 vs BOM:512599: 4.73

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.

Adani Enterprises's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹150.322. 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 ₹646.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adani Enterprises Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adani Enterprises'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.

Adani Enterprises Cyclically Adjusted PS Ratio Chart

Adani Enterprises Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 1.99 3.66 2.81 4.94

Adani Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.81 3.72 3.73 4.34 4.94

Competitive Comparison of Adani Enterprises's Cyclically Adjusted PS Ratio

For the Thermal Coal subindustry, Adani Enterprises'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.


Adani Enterprises's Cyclically Adjusted PS Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Adani Enterprises's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Adani Enterprises 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.

Adani Enterprises's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3060.25/646.9
=4.73

* 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.

Adani Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Adani Enterprises's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=150.322/153.0345*153.0345
=150.322

Current CPI (Mar. 2024) = 153.0345.

Adani Enterprises Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 149.909 94.103 243.790
201409 127.412 96.780 201.471
201412 162.081 96.780 256.291
201503 147.720 97.163 232.663
201506 80.379 99.841 123.204
201509 82.205 101.753 123.634
201512 71.640 102.901 106.543
201603 67.814 102.518 101.230
201606 81.166 105.961 117.224
201609 68.610 105.961 99.090
201612 78.223 105.196 113.795
201703 107.668 105.196 156.631
201706 77.790 107.109 111.145
201709 78.114 109.021 109.649
201712 85.353 109.404 119.392
201803 92.943 109.786 129.556
201806 68.715 111.317 94.467
201809 83.016 115.142 110.336
201812 94.969 115.142 126.223
201903 120.111 118.202 155.506
201906 96.092 120.880 121.653
201909 76.947 123.175 95.600
201912 99.655 126.235 120.811
202003 121.682 124.705 149.325
202006 47.721 127.000 57.503
202009 83.112 130.118 97.750
202012 105.708 130.889 123.593
202103 122.381 131.771 142.130
202106 114.454 134.084 130.630
202109 120.102 135.847 135.297
202112 177.417 138.161 196.517
202203 225.641 138.822 248.742
202206 363.671 142.347 390.975
202209 335.423 144.661 354.838
202212 233.976 145.763 245.648
202303 192.086 146.865 200.156
202306 223.081 150.280 227.170
202309 197.676 151.492 199.689
202312 248.635 152.924 248.814
202403 150.322 153.035 150.322

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.


Adani Enterprises  (BOM:512599) 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.


Adani Enterprises Cyclically Adjusted PS Ratio Related Terms

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


Adani Enterprises (BOM:512599) Business Description

Traded in Other Exchanges
Address
Near Vaishnodevi Circle, S. G. Highway, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Enterprises Ltd is a holding company. The company's segment includes Integrated Resources Management; Mining; New Energy Ecosystem; Road: Airport and others. It generates maximum revenue from the Integrated Resources Management segment.

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