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Salvo Chemical Industry (DHA:SALVOCHEM) Cyclically Adjusted PS Ratio : 4.62 (As of May. 25, 2024)


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What is Salvo Chemical Industry Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Salvo Chemical Industry's current share price is BDT54.90. Salvo Chemical Industry's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was BDT11.88. Salvo Chemical Industry's Cyclically Adjusted PS Ratio for today is 4.62.

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

DHA:SALVOCHEM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.52   Med: 6.04   Max: 7.1
Current: 4.78

During the past years, Salvo Chemical Industry's highest Cyclically Adjusted PS Ratio was 7.10. The lowest was 3.52. And the median was 6.04.

DHA:SALVOCHEM's Cyclically Adjusted PS Ratio is ranked worse than
87.6% of 1210 companies
in the Chemicals industry
Industry Median: 1.23 vs DHA:SALVOCHEM: 4.78

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.

Salvo Chemical Industry's adjusted revenue per share data for the three months ended in Dec. 2023 was BDT9.205. 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 BDT11.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Salvo Chemical Industry Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Salvo Chemical Industry'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.

Salvo Chemical Industry Cyclically Adjusted PS Ratio Chart

Salvo Chemical Industry Annual Data
Trend Dec12 Dec13 Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6.04

Salvo Chemical Industry 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 6.82 6.39 6.04 5.57 5.20

Competitive Comparison of Salvo Chemical Industry's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Salvo Chemical Industry'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.


Salvo Chemical Industry's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Salvo Chemical Industry's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Salvo Chemical Industry's Cyclically Adjusted PS Ratio falls into.



Salvo Chemical Industry 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.

Salvo Chemical Industry's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=54.90/11.88
=4.62

* 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.

Salvo Chemical Industry's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Salvo Chemical Industry'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)
=9.205/129.4194*129.4194
=9.205

Current CPI (Dec. 2023) = 129.4194.

Salvo Chemical Industry Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.888 98.790 1.163
201312 0.945 98.326 1.244
201403 0.911 99.695 1.183
201406 1.025 100.560 1.319
201409 1.266 100.428 1.631
201503 0.817 99.621 1.061
201506 0.692 100.684 0.889
201509 0.918 100.392 1.183
201512 0.000 99.792 0.000
201606 0.000 101.688 0.000
201609 0.963 101.861 1.224
201612 0.935 101.863 1.188
201703 0.849 102.862 1.068
201706 1.265 103.349 1.584
201709 1.212 104.136 1.506
201712 0.993 104.011 1.236
201803 1.305 105.290 1.604
201806 1.320 106.317 1.607
201809 1.887 106.507 2.293
201812 1.571 105.998 1.918
201903 1.482 107.251 1.788
201906 1.710 108.070 2.048
201909 2.060 108.329 2.461
201912 2.249 108.420 2.685
202003 1.586 108.902 1.885
202006 1.221 108.767 1.453
202009 2.444 109.815 2.880
202012 2.643 109.897 3.113
202103 2.732 111.754 3.164
202106 2.260 114.631 2.552
202109 4.484 115.734 5.014
202112 5.066 117.630 5.574
202203 4.607 121.301 4.915
202206 5.596 125.017 5.793
202209 6.019 125.227 6.221
202212 5.459 125.222 5.642
202303 6.497 127.348 6.603
202306 6.770 128.729 6.806
202309 8.228 129.860 8.200
202312 9.205 129.419 9.205

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.


Salvo Chemical Industry  (DHA:SALVOCHEM) 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.


Salvo Chemical Industry Cyclically Adjusted PS Ratio Related Terms

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


Salvo Chemical Industry (DHA:SALVOCHEM) Business Description

Traded in Other Exchanges
N/A
Address
No. 210-211, Nawabpur Road, Suite number 401, 3rd floor, Dhaka, BGD, 1100
Salvo Chemical Industry Ltd mainly engages in the manufacturing of sulphuric acid and liquid Glucose. In addition to that, the company also produces battery-grade water, Magnesium and zinc sulfate, starch, etc. Sulphuric Acid is used to produce ferrous sulfate, alum, etc, Additionally, it is used in the manufacturing of plasticizers, dyestuffs, explosives, silicate for toothpaste, adhesives, rubbers, edible oils, lubricants, the production of food acids. The segments of the company include Sulphuric Acid and battery-grade water, Starch & by- product, and Liquid Glucose. The majority of revenue is generated from the Starch & by-product segment.

Salvo Chemical Industry (DHA:SALVOCHEM) Headlines

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