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Eimco Elecon India (BOM:523708) Cyclically Adjusted PS Ratio : 5.26 (As of Jun. 06, 2024)


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What is Eimco Elecon India Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Eimco Elecon India's current share price is ₹1813.35. Eimco Elecon India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹344.67. Eimco Elecon India's Cyclically Adjusted PS Ratio for today is 5.26.

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

BOM:523708' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.1   Max: 6.57
Current: 5.26

During the past years, Eimco Elecon India's highest Cyclically Adjusted PS Ratio was 6.57. The lowest was 0.89. And the median was 1.10.

BOM:523708's Cyclically Adjusted PS Ratio is ranked worse than
95.95% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.04 vs BOM:523708: 5.26

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.

Eimco Elecon India's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹142.192. 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 ₹344.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eimco Elecon India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Eimco Elecon India'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.

Eimco Elecon India Cyclically Adjusted PS Ratio Chart

Eimco Elecon India 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 - 0.89 0.89 1.03 4.42

Eimco Elecon India 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 1.03 1.68 2.53 4.50 4.42

Competitive Comparison of Eimco Elecon India's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Eimco Elecon India'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.


Eimco Elecon India's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Eimco Elecon India's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Eimco Elecon India's Cyclically Adjusted PS Ratio falls into.



Eimco Elecon India 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.

Eimco Elecon India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1813.35/344.67
=5.26

* 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.

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

For example, Eimco Elecon India'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)
=142.192/153.0345*153.0345
=142.192

Current CPI (Mar. 2024) = 153.0345.

Eimco Elecon India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 35.700 94.103 58.057
201409 86.179 96.780 136.271
201412 83.347 96.780 131.793
201503 135.247 97.163 213.018
201506 43.852 99.841 67.216
201509 62.474 101.753 93.959
201512 59.475 102.901 88.451
201603 75.783 102.518 113.125
201606 53.560 105.961 77.354
201609 61.683 105.961 89.086
201612 90.789 105.196 132.076
201703 90.775 105.196 132.055
201706 43.763 107.109 62.528
201709 22.543 109.021 31.644
201712 61.175 109.404 85.572
201803 115.159 109.786 160.524
201806 58.344 111.317 80.210
201809 96.640 115.142 128.444
201812 65.255 115.142 86.730
201903 99.331 118.202 128.602
201906 32.770 120.880 41.487
201909 35.539 123.175 44.154
201912 63.728 126.235 77.257
202003 54.230 124.705 66.549
202006 38.592 127.000 46.503
202009 58.009 130.118 68.226
202012 55.573 130.889 64.976
202103 64.619 131.771 75.047
202106 25.926 134.084 29.590
202109 18.831 135.847 21.214
202112 39.222 138.161 43.444
202203 60.395 138.822 66.578
202206 58.082 142.347 62.443
202209 63.942 144.661 67.643
202212 65.998 145.763 69.290
202303 108.390 146.865 112.944
202306 75.906 150.280 77.297
202309 88.619 151.492 89.521
202312 83.602 152.924 83.662
202403 142.192 153.035 142.192

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.


Eimco Elecon India  (BOM:523708) 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.


Eimco Elecon India Cyclically Adjusted PS Ratio Related Terms

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


Eimco Elecon India (BOM:523708) Business Description

Traded in Other Exchanges
Address
Anand-Sojitra Road, District Anand, Vallabh Vidyanagar, GJ, IND, 388 120
Eimco Elecon India Ltd is an Indian company engaged in the business of manufacturing and supplying equipment for mining and construction sector. Its products include Air motors, Chair lift man riding system, Coal hauler, Drill machine, Load haul dumper (coal mining), Load haul dumper (metal mining), Low profile dump truck, Rocker shovel loader, Side dump loader, and Wheel loader, among others. The group sells its products in India and also exports them to other countries.

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