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RHI Magnesita India (BOM:534076) Cyclically Adjusted PS Ratio : 6.26 (As of May. 24, 2024)


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What is RHI Magnesita India Cyclically Adjusted PS Ratio?

As of today (2024-05-24), RHI Magnesita India's current share price is ₹668.80. RHI Magnesita India's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹106.82. RHI Magnesita India's Cyclically Adjusted PS Ratio for today is 6.26.

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

BOM:534076' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.6   Med: 6.94   Max: 9.78
Current: 6.18

During the past years, RHI Magnesita India's highest Cyclically Adjusted PS Ratio was 9.78. The lowest was 4.60. And the median was 6.94.

BOM:534076's Cyclically Adjusted PS Ratio is ranked worse than
90.53% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs BOM:534076: 6.18

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.

RHI Magnesita India's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹44.982. 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 ₹106.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


RHI Magnesita India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RHI Magnesita 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.

RHI Magnesita India Cyclically Adjusted PS Ratio Chart

RHI Magnesita India 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 - - - 7.87 6.76

RHI Magnesita India 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 9.41 6.76 6.55 7.26 7.53

Competitive Comparison of RHI Magnesita India's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, RHI Magnesita 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.


RHI Magnesita India's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RHI Magnesita India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



RHI Magnesita 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.

RHI Magnesita India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=668.80/106.82
=6.26

* 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.

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

For example, RHI Magnesita India'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)
=44.982/152.9243*152.9243
=44.982

Current CPI (Dec. 2023) = 152.9243.

RHI Magnesita India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.722 91.425 14.589
201406 8.955 94.103 14.553
201409 9.823 96.780 15.521
201412 9.676 96.780 15.289
201503 8.975 97.163 14.126
201506 9.171 99.841 14.047
201509 9.173 101.753 13.786
201512 9.515 102.901 14.141
201603 10.235 102.518 15.267
201606 10.958 105.961 15.815
201609 10.954 105.961 15.809
201612 10.661 105.196 15.498
201703 10.618 105.196 15.435
201706 11.819 107.109 16.875
201709 12.413 109.021 17.412
201712 13.208 109.404 18.462
201803 14.680 109.786 20.448
201806 14.463 111.317 19.869
201809 15.532 115.142 20.629
201812 16.605 115.142 22.054
201903 15.081 118.202 19.511
201906 15.733 120.880 19.904
201909 14.976 123.175 18.593
201912 14.003 126.235 16.964
202003 69.834 124.705 85.637
202006 19.275 127.000 23.210
202009 28.932 130.118 34.003
202012 31.954 130.889 37.333
202103 33.158 131.771 38.481
202106 26.625 134.084 30.366
202109 26.897 135.847 30.278
202112 33.778 138.161 37.387
202203 34.986 138.822 38.540
202206 37.359 142.347 40.135
202209 37.320 144.661 39.452
202212 40.002 145.763 41.967
202303 45.154 146.865 47.017
202306 45.641 150.280 46.444
202309 47.888 151.492 48.341
202312 44.982 152.924 44.982

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.


RHI Magnesita India  (BOM:534076) 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.


RHI Magnesita India Cyclically Adjusted PS Ratio Related Terms

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


RHI Magnesita India (BOM:534076) Business Description

Traded in Other Exchanges
Address
EMAAR Digital Greens Golf Course Road Extension, 301, 316-17, Tower B, Sector 61, Gurugram, HR, IND, 122011
RHI Magnesita India Ltd formerly Orient Refractories Ltd is an Indian based company engaged in the business of manufacturing refractories Monolithics, bricks, and ceramic paper. It is involved in manufacturing, producing and distributing refractories, monolithic for the iron and steel industry. Its product offering includes, isostatically pressed continuous casting refractories, slide gate plates, nozzles and well blocks, tundish nozzles, bottom purging refractories and top purging lances, slag arresting darts, basic spray mass for tundish working lining, castables. The company operates in the Indian and international markets, of which a majority of revenue is generated within India.

RHI Magnesita India (BOM:534076) Headlines

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