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Glittek Granites (BOM:513528) Cyclically Adjusted PS Ratio : 0.29 (As of May. 29, 2024)


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What is Glittek Granites Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Glittek Granites's current share price is ₹3.13. Glittek Granites's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹10.87. Glittek Granites's Cyclically Adjusted PS Ratio for today is 0.29.

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

BOM:513528' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.24   Max: 0.48
Current: 0.28

During the past years, Glittek Granites's highest Cyclically Adjusted PS Ratio was 0.48. The lowest was 0.06. And the median was 0.24.

BOM:513528's Cyclically Adjusted PS Ratio is ranked better than
75.92% of 1283 companies
in the Construction industry
Industry Median: 0.64 vs BOM:513528: 0.28

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.

Glittek Granites's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.392. 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 ₹10.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glittek Granites Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Glittek Granites'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.

Glittek Granites Cyclically Adjusted PS Ratio Chart

Glittek Granites 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 - - 0.13 0.29 0.24

Glittek Granites 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 0.21 0.24 0.24 0.32 0.35

Competitive Comparison of Glittek Granites's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Glittek Granites'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.


Glittek Granites's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Glittek Granites 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.

Glittek Granites's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.13/10.87
=0.29

* 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.

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

For example, Glittek Granites'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)
=0.392/152.9243*152.9243
=0.392

Current CPI (Dec. 2023) = 152.9243.

Glittek Granites Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.499 91.425 5.853
201406 3.063 94.103 4.978
201409 3.854 96.780 6.090
201412 2.479 96.780 3.917
201503 3.668 97.163 5.773
201506 3.162 99.841 4.843
201509 3.335 101.753 5.012
201512 2.456 102.901 3.650
201603 3.784 102.518 5.645
201606 2.981 105.961 4.302
201609 2.251 105.961 3.249
201612 2.154 105.196 3.131
201703 2.080 105.196 3.024
201706 3.009 107.109 4.296
201709 2.057 109.021 2.885
201712 2.036 109.404 2.846
201803 1.957 109.786 2.726
201806 1.795 111.317 2.466
201809 2.211 115.142 2.937
201812 1.619 115.142 2.150
201903 2.332 118.202 3.017
201906 1.835 120.880 2.321
201909 1.879 123.175 2.333
201912 1.524 126.235 1.846
202003 1.239 124.705 1.519
202006 0.896 127.000 1.079
202009 1.666 130.118 1.958
202012 1.864 130.889 2.178
202103 1.143 131.771 1.326
202106 0.521 134.084 0.594
202109 0.889 135.847 1.001
202112 1.159 138.161 1.283
202203 0.934 138.822 1.029
202206 1.097 142.347 1.179
202209 0.365 144.661 0.386
202212 1.397 145.763 1.466
202303 2.233 146.865 2.325
202306 0.742 150.280 0.755
202309 0.893 151.492 0.901
202312 0.392 152.924 0.392

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.


Glittek Granites  (BOM:513528) 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.


Glittek Granites Cyclically Adjusted PS Ratio Related Terms

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


Glittek Granites (BOM:513528) Business Description

Traded in Other Exchanges
N/A
Address
224, A. J. C. Bose Road, Krishna - 711, Kolkata, WB, IND, 700017
Glittek Granites Ltd is engaged in the manufacturing of granite tiles and slabs. It is engaged in the processing and export of granite, marble, Sand Stone, and other stone products. The company offers granite tiles, such as Black Pearl, Hassan Green, Imperial White, Ivory Chiffon, Kashmir Gold, Madura Gold, and many more. The main market for the company's product is the USA, South Africa, Canada, the UK, UAE, Europe, and Australia.

Glittek Granites (BOM:513528) Headlines

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