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Sanrhea Technical Textiles (BOM:514280) Cyclically Adjusted PS Ratio : 1.15 (As of Jun. 05, 2024)


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What is Sanrhea Technical Textiles Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Sanrhea Technical Textiles's current share price is ₹161.60. Sanrhea Technical Textiles's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹141.12. Sanrhea Technical Textiles's Cyclically Adjusted PS Ratio for today is 1.15.

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

BOM:514280' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.57   Max: 1.29
Current: 1.21

During the past years, Sanrhea Technical Textiles's highest Cyclically Adjusted PS Ratio was 1.29. The lowest was 0.06. And the median was 0.57.

BOM:514280's Cyclically Adjusted PS Ratio is ranked worse than
68.18% of 861 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs BOM:514280: 1.21

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.

Sanrhea Technical Textiles's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹35.851. 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 ₹141.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanrhea Technical Textiles Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sanrhea Technical Textiles'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.

Sanrhea Technical Textiles Cyclically Adjusted PS Ratio Chart

Sanrhea Technical Textiles 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 - - 0.09 0.62 0.38

Sanrhea Technical Textiles 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 0.59 0.38 0.49 0.49 0.78

Competitive Comparison of Sanrhea Technical Textiles's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Sanrhea Technical Textiles'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.


Sanrhea Technical Textiles's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Sanrhea Technical Textiles's Cyclically Adjusted PS Ratio falls into.



Sanrhea Technical Textiles 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.

Sanrhea Technical Textiles's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=161.60/141.12
=1.15

* 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.

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

For example, Sanrhea Technical Textiles'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)
=35.851/152.9243*152.9243
=35.851

Current CPI (Dec. 2023) = 152.9243.

Sanrhea Technical Textiles Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 23.270 91.425 38.923
201406 22.135 94.103 35.971
201409 25.639 96.780 40.513
201412 30.820 96.780 48.699
201503 30.105 97.163 47.382
201506 23.023 99.841 35.264
201509 18.034 101.753 27.103
201512 12.719 102.901 18.902
201603 15.874 102.518 23.679
201606 20.635 105.961 29.781
201609 23.861 105.961 34.436
201612 19.790 105.196 28.769
201703 22.845 105.196 33.210
201706 18.209 107.109 25.998
201709 25.553 109.021 35.843
201712 28.119 109.404 39.305
201803 28.952 109.786 40.328
201806 29.457 111.317 40.467
201809 34.885 115.142 46.332
201812 33.453 115.142 44.430
201903 24.094 118.202 31.172
201906 27.593 120.880 34.908
201909 23.234 123.175 28.845
201912 22.470 126.235 27.221
202003 19.228 124.705 23.579
202006 11.220 127.000 13.510
202009 26.006 130.118 30.564
202012 30.256 130.889 35.350
202103 35.133 131.771 40.773
202106 40.111 134.084 45.747
202109 44.552 135.847 50.153
202112 43.451 138.161 48.094
202203 40.727 138.822 44.864
202206 37.256 142.347 40.024
202209 27.936 144.661 29.532
202212 32.392 145.763 33.983
202303 30.716 146.865 31.983
202306 34.650 150.280 35.260
202309 34.139 151.492 34.462
202312 35.851 152.924 35.851

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.


Sanrhea Technical Textiles  (BOM:514280) 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.


Sanrhea Technical Textiles Cyclically Adjusted PS Ratio Related Terms

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


Sanrhea Technical Textiles (BOM:514280) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Ambedkar Road, Near G. E. B., District Gandhinagar, Kalol, GJ, IND, 382721
Sanrhea Technical Textiles Ltd is engaged in the manufacturing of textiles. It earns revenue primarily from the sale of Conveyor Belting fabrics, Chafer fabrics for Tyres, Diaphragm fabrics for Auto industries, and Liners. The company caters to both domestic and international markets. The company has only one segment, which is Industrial fabrics. The company derives the majority of its revenue from the domestic markets.

Sanrhea Technical Textiles (BOM:514280) Headlines

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