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Talbros Engineering (BOM:538987) Cyclically Adjusted PS Ratio : 0.91 (As of Jun. 06, 2024)


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What is Talbros Engineering Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Talbros Engineering's current share price is ₹559.55. Talbros Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹615.13. Talbros Engineering's Cyclically Adjusted PS Ratio for today is 0.91.

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

BOM:538987' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.01   Max: 1.2
Current: 0.84

During the past years, Talbros Engineering's highest Cyclically Adjusted PS Ratio was 1.20. The lowest was 0.84. And the median was 1.01.

BOM:538987's Cyclically Adjusted PS Ratio is ranked worse than
55.32% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs BOM:538987: 0.84

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.

Talbros Engineering's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹205.327. 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 ₹615.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Talbros Engineering Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Talbros Engineering'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.

Talbros Engineering Cyclically Adjusted PS Ratio Chart

Talbros Engineering 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

Talbros Engineering 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 - - - 1.17 0.89

Competitive Comparison of Talbros Engineering's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Talbros Engineering'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.


Talbros Engineering's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Talbros Engineering's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Talbros Engineering 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.

Talbros Engineering's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=559.55/615.13
=0.91

* 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.

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

For example, Talbros Engineering'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)
=205.327/153.0345*153.0345
=205.327

Current CPI (Mar. 2024) = 153.0345.

Talbros Engineering Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 51.280 94.103 83.394
201409 74.383 96.780 117.618
201412 66.439 96.780 105.057
201503 62.932 97.163 99.120
201506 63.004 99.841 96.572
201509 63.835 101.753 96.006
201512 74.266 102.901 110.449
201603 72.396 102.518 108.069
201606 73.924 105.961 106.765
201609 75.171 105.961 108.566
201612 148.358 105.196 215.825
201703 93.015 105.196 135.314
201706 89.929 107.109 128.489
201709 95.958 109.021 134.697
201712 96.034 109.404 134.333
201803 129.025 109.786 179.852
201806 114.695 111.317 157.679
201809 135.050 115.142 179.494
201812 138.666 115.142 184.300
201903 119.714 118.202 154.992
201906 120.067 120.880 152.005
201909 108.233 123.175 134.470
201912 106.953 126.235 129.659
202003 73.097 124.705 89.703
202006 31.213 127.000 37.611
202009 122.395 130.118 143.951
202012 149.430 130.889 174.712
202103 149.481 131.771 173.603
202106 132.709 134.084 151.465
202109 174.069 135.847 196.092
202112 171.802 138.161 190.297
202203 181.635 138.822 200.231
202206 221.091 142.347 237.690
202209 230.753 144.661 244.110
202212 213.806 145.763 224.472
202303 209.874 146.865 218.691
202306 190.279 150.280 193.767
202309 201.470 151.492 203.521
202312 213.175 152.924 213.329
202403 205.327 153.035 205.327

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.


Talbros Engineering  (BOM:538987) 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.


Talbros Engineering Cyclically Adjusted PS Ratio Related Terms

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


Talbros Engineering (BOM:538987) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 74-75-76, Sector 6, Faridabad, HR, IND, 121 006
Talbros Engineering Ltd is engaged in manufacturing of Rear Axle Shafts for the automobile companies in India and foreign markets. The company operates in only one Segment namely Automobile Components. It offers Rear axle shafts and Front axle shafts. Its manufacturing facilities include forging and induction hardening. The group sells its products in India and also exports it to other countries. It derives a majority of revenue from India.

Talbros Engineering (BOM:538987) Headlines

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