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Lotus Eye Hospital & Institute (BOM:532998) Cyclically Adjusted PS Ratio : 2.61 (As of May. 29, 2024)


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What is Lotus Eye Hospital & Institute Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Lotus Eye Hospital & Institute's current share price is ₹59.49. Lotus Eye Hospital & Institute's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹22.83. Lotus Eye Hospital & Institute's Cyclically Adjusted PS Ratio for today is 2.61.

The historical rank and industry rank for Lotus Eye Hospital & Institute's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:532998' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.8   Max: 4.49
Current: 2.63

During the past years, Lotus Eye Hospital & Institute's highest Cyclically Adjusted PS Ratio was 4.49. The lowest was 1.43. And the median was 2.80.

BOM:532998's Cyclically Adjusted PS Ratio is ranked worse than
70.8% of 339 companies
in the Healthcare Providers & Services industry
Industry Median: 1.19 vs BOM:532998: 2.63

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.

Lotus Eye Hospital & Institute's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹5.862. 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 ₹22.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lotus Eye Hospital & Institute Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lotus Eye Hospital & Institute'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.

Lotus Eye Hospital & Institute Cyclically Adjusted PS Ratio Chart

Lotus Eye Hospital & Institute 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 - - 2.10 2.55 2.66

Lotus Eye Hospital & Institute 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 3.56 2.66 3.62 3.67 3.65

Competitive Comparison of Lotus Eye Hospital & Institute's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Lotus Eye Hospital & Institute'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.


Lotus Eye Hospital & Institute's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Lotus Eye Hospital & Institute's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lotus Eye Hospital & Institute's Cyclically Adjusted PS Ratio falls into.



Lotus Eye Hospital & Institute 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.

Lotus Eye Hospital & Institute's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=59.49/22.83
=2.61

* 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.

Lotus Eye Hospital & Institute's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Lotus Eye Hospital & Institute'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)
=5.862/152.9243*152.9243
=5.862

Current CPI (Dec. 2023) = 152.9243.

Lotus Eye Hospital & Institute Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.220 91.425 5.386
201406 3.835 94.103 6.232
201409 3.502 96.780 5.534
201412 3.723 96.780 5.883
201503 3.372 97.163 5.307
201506 4.041 99.841 6.190
201509 4.131 101.753 6.208
201512 3.531 102.901 5.248
201603 3.482 102.518 5.194
201606 4.100 105.961 5.917
201609 4.143 105.961 5.979
201612 3.885 105.196 5.648
201703 4.129 105.196 6.002
201706 4.633 107.109 6.615
201709 4.625 109.021 6.487
201712 4.649 109.404 6.498
201803 4.509 109.786 6.281
201806 4.785 111.317 6.574
201809 3.990 115.142 5.299
201812 4.579 115.142 6.082
201903 4.306 118.202 5.571
201906 5.701 120.880 7.212
201909 5.058 123.175 6.280
201912 4.882 126.235 5.914
202003 3.634 124.705 4.456
202006 2.272 127.000 2.736
202009 3.707 130.118 4.357
202012 4.780 130.889 5.585
202103 4.855 131.771 5.634
202106 2.711 134.084 3.092
202109 5.171 135.847 5.821
202112 5.613 138.161 6.213
202203 4.746 138.822 5.228
202206 5.715 142.347 6.140
202209 5.667 144.661 5.991
202212 5.867 145.763 6.155
202303 4.854 146.865 5.054
202306 6.085 150.280 6.192
202309 6.141 151.492 6.199
202312 5.862 152.924 5.862

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.


Lotus Eye Hospital & Institute  (BOM:532998) 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.


Lotus Eye Hospital & Institute Cyclically Adjusted PS Ratio Related Terms

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Lotus Eye Hospital & Institute (BOM:532998) Business Description

Traded in Other Exchanges
Address
SF No. 770/12, Avinashi Road, Civil Aerodrome Post, Coimbatore, TN, IND, 641 014
Lotus Eye Hospital & Institute Ltd is an India-based eye care hospital. It is engaged in providing treatment and care for eye diseases and disorders. It offers treatment services for eye conditions like refractive error, retina and uvea, cornea, glaucoma, pediatric, orbit and oculoplasty, neuro-ophthalmology, and binocular vision. In addition, the company also operates an eye bank for functioning eye donation activities. The company mainly operates in India and generates revenue by providing medical services, pharmacy sales, and contact lens, and optical, of which the majority of the revenue is derived from providing segmmedical services.

Lotus Eye Hospital & Institute (BOM:532998) Headlines

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