GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jaiprakash Associates Ltd (BOM:532532) » Definitions » Cyclically Adjusted PS Ratio

Jaiprakash Associates (BOM:532532) Cyclically Adjusted PS Ratio : 0.32 (As of May. 24, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Jaiprakash Associates Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Jaiprakash Associates's current share price is ₹15.50. Jaiprakash Associates's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹48.83. Jaiprakash Associates's Cyclically Adjusted PS Ratio for today is 0.32.

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

BOM:532532' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.12   Max: 0.46
Current: 0.34

During the past 13 years, Jaiprakash Associates's highest Cyclically Adjusted PS Ratio was 0.46. The lowest was 0.02. And the median was 0.12.

BOM:532532's Cyclically Adjusted PS Ratio is ranked better than
72.58% of 445 companies
in the Conglomerates industry
Industry Median: 0.8 vs BOM:532532: 0.34

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.

Jaiprakash Associates's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹26.763. 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 ₹48.83 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jaiprakash Associates Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jaiprakash Associates'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.

Jaiprakash Associates Cyclically Adjusted PS Ratio Chart

Jaiprakash Associates 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 0.01 0.10 0.13 0.12 0.37

Jaiprakash Associates 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 0.12 - - - 0.37

Competitive Comparison of Jaiprakash Associates's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Jaiprakash Associates'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.


Jaiprakash Associates's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jaiprakash Associates's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Jaiprakash Associates 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.

Jaiprakash Associates's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.50/48.83
=0.32

* 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.

Jaiprakash Associates's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Jaiprakash Associates's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=26.763/153.0345*153.0345
=26.763

Current CPI (Mar24) = 153.0345.

Jaiprakash Associates Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 75.673 97.163 119.187
201603 65.437 102.518 97.681
201703 54.778 105.196 79.689
201803 23.594 109.786 32.888
201903 28.272 118.202 36.603
202003 20.480 124.705 25.132
202103 20.125 131.771 23.373
202203 14.605 138.822 16.100
202303 29.608 146.865 30.852
202403 26.763 153.035 26.763

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.


Jaiprakash Associates  (BOM:532532) 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.


Jaiprakash Associates Cyclically Adjusted PS Ratio Related Terms

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


Jaiprakash Associates (BOM:532532) Business Description

Traded in Other Exchanges
Address
Site-IV Industrial Area, 64/4, Sahibabad, Ghaziabad, UP, IND, 201010
Jaiprakash Associates Ltd is a company that is primarily engaged in six segments. The engineering and construction segment focuses on constructing river valley and hydropower projects on a turnkey basis. The cement segment manufactures and distributes Portland Pozzolana cement under the brand name Jaypee Cement. The Hotel / Hospitality & Golf Course segment is engaged in managing Hotels, Golf Course, Resorts & Spa. The power segment generates, distributes, and transmits power. The real estate segment is engaged in developing residential projects, sports facilities, golf resorts, and so on. The Investments segment is engaged in Investments in Subsidiaries, Associates and Others. Others Includes Waste Treatment Plant, Heavy Engineering Works, Hitech Castings, Man Power Supply etc.

Jaiprakash Associates (BOM:532532) Headlines

No Headlines