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Ahmedabad Steelcraft (BOM:522273) Cyclically Adjusted PS Ratio : 3.15 (As of May. 17, 2024)


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What is Ahmedabad Steelcraft Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Ahmedabad Steelcraft's current share price is ₹46.63. Ahmedabad Steelcraft's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹14.82. Ahmedabad Steelcraft's Cyclically Adjusted PS Ratio for today is 3.15.

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

BOM:522273' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.01   Max: 3.46
Current: 2.97

During the past years, Ahmedabad Steelcraft's highest Cyclically Adjusted PS Ratio was 3.46. The lowest was 0.71. And the median was 1.01.

BOM:522273's Cyclically Adjusted PS Ratio is ranked worse than
91.12% of 518 companies
in the Steel industry
Industry Median: 0.48 vs BOM:522273: 2.97

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.

Ahmedabad Steelcraft's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.156. 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 ₹14.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ahmedabad Steelcraft Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ahmedabad Steelcraft'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.

Ahmedabad Steelcraft Cyclically Adjusted PS Ratio Chart

Ahmedabad Steelcraft 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 - - 0.78 1.00 1.02

Ahmedabad Steelcraft 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 1.07 1.02 1.08 1.53 2.09

Competitive Comparison of Ahmedabad Steelcraft's Cyclically Adjusted PS Ratio

For the Steel subindustry, Ahmedabad Steelcraft'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.


Ahmedabad Steelcraft's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ahmedabad Steelcraft's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ahmedabad Steelcraft 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.

Ahmedabad Steelcraft's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.63/14.82
=3.15

* 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.

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

For example, Ahmedabad Steelcraft'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)
=0.156/152.9243*152.9243
=0.156

Current CPI (Dec. 2023) = 152.9243.

Ahmedabad Steelcraft Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.988 91.425 13.361
201406 3.318 94.103 5.392
201409 1.913 96.780 3.023
201412 0.359 96.780 0.567
201503 0.533 97.163 0.839
201506 1.137 99.841 1.742
201509 0.030 101.753 0.045
201512 1.633 102.901 2.427
201603 5.006 102.518 7.467
201606 4.911 105.961 7.088
201609 0.838 105.961 1.209
201612 1.763 105.196 2.563
201703 2.698 105.196 3.922
201706 3.714 107.109 5.303
201709 8.982 109.021 12.599
201712 3.961 109.404 5.537
201803 4.999 109.786 6.963
201806 6.180 111.317 8.490
201809 8.588 115.142 11.406
201812 6.099 115.142 8.100
201903 3.559 118.202 4.604
201906 1.530 120.880 1.936
201909 3.870 123.175 4.805
201912 10.817 126.235 13.104
202003 0.593 124.705 0.727
202006 5.037 127.000 6.065
202009 -1.036 130.118 -1.218
202012 0.374 130.889 0.437
202103 0.331 131.771 0.384
202106 0.029 134.084 0.033
202109 0.045 135.847 0.051
202112 0.894 138.161 0.990
202203 0.368 138.822 0.405
202206 0.587 142.347 0.631
202209 1.465 144.661 1.549
202212 1.890 145.763 1.983
202303 1.420 146.865 1.479
202306 1.121 150.280 1.141
202309 0.542 151.492 0.547
202312 0.156 152.924 0.156

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.


Ahmedabad Steelcraft  (BOM:522273) 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.


Ahmedabad Steelcraft Cyclically Adjusted PS Ratio Related Terms

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


Ahmedabad Steelcraft (BOM:522273) Business Description

Traded in Other Exchanges
N/A
Address
Ambli Bopal Road, 604, North Tower, One-42 Complex, Behind Ashok Vatika, Near Jayantilal Park BRTS, Ahmedabad, GJ, IND, 380 006
Ahmedabad Steelcraft Ltd is engaged in the business of trading and exporting of steel windows and door sections. It offers various kinds of mild steel products, such as Sections, Angles, Flats, Flat bars and squares, Rounds, Beams, Channels, and Plates. The products are used in various industries like the steel angles are used in constructions, transmission and telecommunication towers and architectural applications; Steel Flat Bars are versatile product commonly used in fabrication work, for making frames and structures; and whereas the Plates have usages in a wide variety of application in all sectors of the Engineering Industries.

Ahmedabad Steelcraft (BOM:522273) Headlines

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