GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vishal Fabrics Ltd (BOM:538598) » Definitions » Cyclically Adjusted PS Ratio

Vishal Fabrics (BOM:538598) Cyclically Adjusted PS Ratio : 0.30 (As of Jun. 09, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Vishal Fabrics Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Vishal Fabrics's current share price is ₹19.82. Vishal Fabrics's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹65.60. Vishal Fabrics's Cyclically Adjusted PS Ratio for today is 0.30.

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

BOM:538598' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.29   Max: 0.34
Current: 0.3

During the past 11 years, Vishal Fabrics's highest Cyclically Adjusted PS Ratio was 0.34. The lowest was 0.24. And the median was 0.29.

BOM:538598's Cyclically Adjusted PS Ratio is ranked better than
73.96% of 868 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.635 vs BOM:538598: 0.30

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.

Vishal Fabrics's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹73.421. 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 ₹65.60 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vishal Fabrics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vishal Fabrics'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.

Vishal Fabrics Cyclically Adjusted PS Ratio Chart

Vishal Fabrics 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 0.28

Vishal Fabrics 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 0.24 - - - 0.28

Competitive Comparison of Vishal Fabrics's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Vishal Fabrics'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.


Vishal Fabrics's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vishal Fabrics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vishal Fabrics 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.

Vishal Fabrics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.82/65.6
=0.30

* 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.

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

For example, Vishal Fabrics'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)
=73.421/153.0345*153.0345
=73.421

Current CPI (Mar24) = 153.0345.

Vishal Fabrics Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 15.156 97.163 23.871
201603 23.074 102.518 34.444
201703 63.025 105.196 91.686
201803 45.086 109.786 62.847
201903 50.415 118.202 65.272
202003 65.389 124.705 80.243
202103 48.800 131.771 56.675
202203 77.990 138.822 85.975
202303 78.246 146.865 81.533
202403 73.421 153.035 73.421

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.


Vishal Fabrics  (BOM:538598) 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.


Vishal Fabrics Cyclically Adjusted PS Ratio Related Terms

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


Vishal Fabrics (BOM:538598) Business Description

Traded in Other Exchanges
N/A
Address
Bopal - Ambli Road, Shanti Corporate House, Near Hira Rupa Hall, Bopal, Ahmedabad, GJ, IND, 380058
Vishal Fabrics Ltd is an Indian company engaged in the business of manufacturing and sale of textile. Its activities include dying, printing, and processing of fabrics of its own and also on job work basis. The company mainly procures grey fabric and dyes, and prints. The company sells Manufactured goods; which includes fabric sales, grey fabric sales, and yarn sales and Trading goods; which include chips sales. It also offers services which include Job work sales. The group operates its business primarily in India.

Vishal Fabrics (BOM:538598) Headlines

No Headlines