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PBM Polytex (BOM:514087) Cyclically Adjusted PS Ratio : 0.25 (As of May. 22, 2024)


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What is PBM Polytex Cyclically Adjusted PS Ratio?

As of today (2024-05-22), PBM Polytex's current share price is ₹89.57. PBM Polytex's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹355.10. PBM Polytex's Cyclically Adjusted PS Ratio for today is 0.25.

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

BOM:514087' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.28   Max: 0.53
Current: 0.25

During the past years, PBM Polytex's highest Cyclically Adjusted PS Ratio was 0.53. The lowest was 0.22. And the median was 0.28.

BOM:514087's Cyclically Adjusted PS Ratio is ranked better than
78.5% of 856 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs BOM:514087: 0.25

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.

PBM Polytex's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹63.797. 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 ₹355.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PBM Polytex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PBM Polytex'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.

PBM Polytex Cyclically Adjusted PS Ratio Chart

PBM Polytex 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 - - - 0.38 0.25

PBM Polytex 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 0.30 0.25 0.24 0.29 0.27

Competitive Comparison of PBM Polytex's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, PBM Polytex'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.


PBM Polytex's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PBM Polytex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PBM Polytex 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.

PBM Polytex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=89.57/355.1
=0.25

* 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.

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

For example, PBM Polytex'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)
=63.797/152.9243*152.9243
=63.797

Current CPI (Dec. 2023) = 152.9243.

PBM Polytex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 66.396 83.774 121.201
201303 65.372 85.687 116.668
201306 71.677 88.365 124.045
201309 73.126 91.042 122.830
201312 72.736 91.425 121.664
201403 67.986 91.425 113.719
201406 69.597 94.103 113.101
201409 66.901 96.780 105.711
201412 68.705 96.780 108.562
201503 61.632 97.163 97.002
201506 60.732 99.841 93.022
201509 59.423 101.753 89.306
201512 58.511 102.901 86.955
201603 57.890 102.518 86.353
201606 44.109 105.961 63.659
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 67.235 111.317 92.366
201809 67.956 115.142 90.255
201812 59.257 115.142 78.701
201903 63.762 118.202 82.492
201906 62.818 120.880 79.471
201909 48.981 123.175 60.811
201912 55.557 126.235 67.303
202003 55.973 124.705 68.639
202006 22.868 127.000 27.536
202009 47.136 130.118 55.398
202012 68.804 130.889 80.387
202103 83.349 131.771 96.729
202106 76.793 134.084 87.583
202109 108.893 135.847 122.582
202112 91.625 138.161 101.416
202203 93.940 138.822 103.483
202206 71.518 142.347 76.832
202209 72.967 144.661 77.135
202212 74.419 145.763 78.075
202303 74.879 146.865 77.969
202306 65.225 150.280 66.373
202309 73.668 151.492 74.365
202312 63.797 152.924 63.797

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.


PBM Polytex  (BOM:514087) 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.


PBM Polytex Cyclically Adjusted PS Ratio Related Terms

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


PBM Polytex (BOM:514087) Business Description

Traded in Other Exchanges
N/A
Address
Productivity Road, Alkapuri, 8th Floor, Ramakrishna Chambers, Vadodara, GJ, IND, 390 007
PBM Polytex Ltd is a yarn manufacturing company. The company is engaged in the manufacturing and processing of cotton yarn and having two cotton spinning units one at Petlad (Gujarat) and another at Borgaon (Madhya Pradesh). It has also four Windmills generating electricity. The company offers raw cotton, such as Shankar 6, and imported varieties, such as Egyptian-Giza, Californian Acala SJV, USA Pima, Israel Pima, Peruvian PIMA, Sudan VS, Australian, Central American SJV, West African and Turkish. Its yarns are used in applications, such as knitting, weaving, gassing, and mercerizing.

PBM Polytex (BOM:514087) Headlines

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