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Davangere Sugar Co (BOM:543267) Cyclically Adjusted PS Ratio : 2.98 (As of Jun. 05, 2024)


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What is Davangere Sugar Co Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Davangere Sugar Co's current share price is ₹9.05. Davangere Sugar Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹3.04. Davangere Sugar Co's Cyclically Adjusted PS Ratio for today is 2.98.

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

BOM:543267' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.61   Med: 2.21   Max: 3.5
Current: 3.31

During the past 11 years, Davangere Sugar Co's highest Cyclically Adjusted PS Ratio was 3.50. The lowest was 1.61. And the median was 2.21.

BOM:543267's Cyclically Adjusted PS Ratio is ranked worse than
87.34% of 1382 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs BOM:543267: 3.31

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.

Davangere Sugar Co's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹2.300. 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 ₹3.04 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Davangere Sugar Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Davangere Sugar Co'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.

Davangere Sugar Co Cyclically Adjusted PS Ratio Chart

Davangere Sugar Co 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 - - - 1.75 2.48

Davangere Sugar Co 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 1.75 - - - 2.48

Competitive Comparison of Davangere Sugar Co's Cyclically Adjusted PS Ratio

For the Confectioners subindustry, Davangere Sugar Co'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.


Davangere Sugar Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Davangere Sugar Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Davangere Sugar Co's Cyclically Adjusted PS Ratio falls into.



Davangere Sugar Co 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.

Davangere Sugar Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.05/3.04
=2.98

* 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.

Davangere Sugar Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Davangere Sugar Co'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)
=2.3/153.0345*153.0345
=2.300

Current CPI (Mar24) = 153.0345.

Davangere Sugar Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 2.787 97.163 4.390
201603 2.908 102.518 4.341
201703 2.740 105.196 3.986
201803 1.266 109.786 1.765
201903 1.560 118.202 2.020
202003 2.998 124.705 3.679
202103 2.320 131.771 2.694
202203 1.763 138.822 1.943
202303 3.135 146.865 3.267
202403 2.300 153.035 2.300

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.


Davangere Sugar Co  (BOM:543267) 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.


Davangere Sugar Co Cyclically Adjusted PS Ratio Related Terms

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


Davangere Sugar Co (BOM:543267) Business Description

Traded in Other Exchanges
Address
No. 19, Shivashankar Plaza, Lalbagh Road, 3rd Floor, Richmond Circle, Banglore, KA, IND, 560 027
Davangere Sugar Co Ltd is engaged in the business of Sugar Manufacturing (By-product Molasses) from Sugarcane and Co-generation of Electricity Power. It is operating in various business segments, such as Sugar, Co-Generation, Aviation, and Others.

Davangere Sugar Co (BOM:543267) Headlines

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