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Konark Synthetic (BOM:514128) Cyclically Adjusted PS Ratio : 0.09 (As of May. 26, 2024)


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What is Konark Synthetic Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Konark Synthetic's current share price is ₹20.32. Konark Synthetic's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹236.11. Konark Synthetic's Cyclically Adjusted PS Ratio for today is 0.09.

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

BOM:514128' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.09
Current: 0.09

During the past 13 years, Konark Synthetic's highest Cyclically Adjusted PS Ratio was 0.09. The lowest was 0.02. And the median was 0.04.

BOM:514128's Cyclically Adjusted PS Ratio is ranked better than
94.17% of 858 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs BOM:514128: 0.09

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.

Konark Synthetic's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹81.549. 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 ₹236.11 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Konark Synthetic Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Konark Synthetic'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.

Konark Synthetic Cyclically Adjusted PS Ratio Chart

Konark Synthetic 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 0.04 0.05 0.03 0.06 0.06

Konark Synthetic 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 - 0.06 - - -

Competitive Comparison of Konark Synthetic's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Konark Synthetic'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.


Konark Synthetic's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Konark Synthetic 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.

Konark Synthetic's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.32/236.11
=0.09

* 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.

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

For example, Konark Synthetic'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)
=81.549/146.8646*146.8646
=81.549

Current CPI (Mar23) = 146.8646.

Konark Synthetic Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 294.009 91.425 472.295
201503 290.354 97.163 438.879
201603 248.644 102.518 356.200
201703 246.039 105.196 343.496
201803 186.695 109.786 249.748
201903 133.652 118.202 166.061
202003 122.768 124.705 144.583
202103 31.641 131.771 35.265
202203 69.039 138.822 73.039
202303 81.549 146.865 81.549

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.


Konark Synthetic  (BOM:514128) 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.


Konark Synthetic Cyclically Adjusted PS Ratio Related Terms

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


Konark Synthetic (BOM:514128) Business Description

Traded in Other Exchanges
N/A
Address
Andheri-Kurla Road, Building No. 7, Mittal Industrial Estate, Ground Floor, Saki-Naka, Andheri (East), Mumbai, MH, IND, 400059
Konark Synthetic Ltd is engaged in the Manufacturing of Yarn and Trading of Fabric with Weaving Processing and Manufacturing of Readymade Garments. Its only operating segment is Textiles. It is also in Power generation.

Konark Synthetic (BOM:514128) Headlines

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