GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Rishi Techtex Ltd (BOM:523021) » Definitions » Cyclically Adjusted PS Ratio

Rishi Techtex (BOM:523021) Cyclically Adjusted PS Ratio : (As of Jun. 05, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Rishi Techtex Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rishi Techtex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rishi Techtex'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.

Rishi Techtex Cyclically Adjusted PS Ratio Chart

Rishi Techtex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.24 0.21 0.15 -

Rishi Techtex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.15 0.19 0.25 0.27 -

Competitive Comparison of Rishi Techtex's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, Rishi Techtex'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.


Rishi Techtex's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rishi Techtex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Rishi Techtex 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.

Rishi Techtex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Rishi Techtex's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=39.842/153.0345*153.0345
=39.842

Current CPI (Mar. 2024) = 153.0345.

Rishi Techtex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.236 94.103 34.535
201409 21.268 96.780 33.630
201412 27.039 96.780 42.756
201503 23.619 97.163 37.201
201506 25.675 99.841 39.354
201509 27.039 101.753 40.666
201512 29.190 102.901 43.411
201603 28.298 102.518 42.242
201606 26.149 105.961 37.766
201609 24.388 105.961 35.222
201612 21.845 105.196 31.779
201703 20.367 105.196 29.629
201706 19.324 107.109 27.610
201709 18.203 109.021 25.552
201712 23.076 109.404 32.279
201803 30.011 109.786 41.833
201806 26.890 111.317 36.968
201809 26.168 115.142 34.780
201812 28.170 115.142 37.441
201903 32.237 118.202 41.737
201906 25.182 120.880 31.881
201909 23.961 123.175 29.770
201912 26.543 126.235 32.178
202003 26.806 124.705 32.896
202006 9.494 127.000 11.440
202009 26.893 130.118 31.629
202012 33.567 130.889 39.246
202103 39.860 131.771 46.292
202106 27.227 134.084 31.075
202109 35.672 135.847 40.185
202112 42.959 138.161 47.584
202203 34.009 138.822 37.491
202206 32.778 142.347 35.239
202209 37.062 144.661 39.207
202212 36.834 145.763 38.672
202303 38.375 146.865 39.987
202306 35.304 150.280 35.951
202309 38.370 151.492 38.761
202312 37.239 152.924 37.266
202403 39.842 153.035 39.842

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.


Rishi Techtex  (BOM:523021) 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.


Rishi Techtex Cyclically Adjusted PS Ratio Related Terms

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


Rishi Techtex (BOM:523021) Business Description

Traded in Other Exchanges
N/A
Address
10/14, Pais Street, 612, Veena Killedar Industrial Estate, Byculla (West), Mumbai, MH, IND, 400011
Rishi Techtex Ltd is a multiproduct company operating in India. It is engaged in the manufacturing of plastic woven, sacks, and shade nets. Its product categories include ShadeNets and Woven Bags. The ShadeNets are utilized as Agriculture/Horticulture Field, Wind Breakers, and Cattle Shed/Poultry Shed. The Woven Bags are suited as Packaging material for Fertilizers, Cement, Plastics Polymers, Chemicals, Bale Coverings, and Salt.

Rishi Techtex (BOM:523021) Headlines

No Headlines