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S.M. Gold (BOM:542034) Cyclically Adjusted PS Ratio : (As of Jun. 11, 2024)


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What is S.M. Gold Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


S.M. Gold Cyclically Adjusted PS Ratio Historical Data

The historical data trend for S.M. Gold'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.

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S.M. Gold Cyclically Adjusted PS Ratio Chart

S.M. Gold Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
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S.M. Gold Quarterly Data
Jun18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of S.M. Gold's Cyclically Adjusted PS Ratio

For the Luxury Goods subindustry, S.M. Gold'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.


S.M. Gold's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, S.M. Gold's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where S.M. Gold's Cyclically Adjusted PS Ratio falls into.



S.M. Gold 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.

S.M. Gold's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, S.M. Gold'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)
=62.016/153.0345*153.0345
=62.016

Current CPI (Mar24) = 153.0345.

S.M. Gold Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 19.413 97.163 30.576
201603 23.674 102.518 35.339
201703 22.630 105.196 32.921
201803 13.442 109.786 18.737
201903 25.233 118.202 32.669
202003 29.014 124.705 35.605
202103 33.190 131.771 38.546
202203 51.030 138.822 56.254
202303 50.642 146.865 52.770
202403 62.016 153.035 62.016

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.


S.M. Gold  (BOM:542034) 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.


S.M. Gold Cyclically Adjusted PS Ratio Related Terms

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S.M. Gold (BOM:542034) Business Description

Traded in Other Exchanges
N/A
Address
Shop No. 1 to 3, 2nd Floor 24 Caret Building, Opp. Rock Regency Hotel, Law Garden, C G Road, Ahmedabad, GJ, IND, 380009
S.M. Gold Ltd is involved in the business of manufacturing and wholesale trading of mangalsutra jewellery. Besides mangalsutra jewellery, a minor part of the company's business also includes other jewellery's like Rings, Chain, Earrings, Ear Chain, Nose-rings/Nose pins, waist belts, Anklet, Zuda, Toe Ring, Pendant Set/Pendant, Bracelet and Bangles, wedding Jewellery, and festive Jewellery. The products are sold under the brand name of S. M. Gold - the House of Mangalsutra. Geographically, all the activities are carried out throughout the region of India.

S.M. Gold (BOM:542034) Headlines

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