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Ghandhara Industries (KAR:GHNI) Cyclically Adjusted PS Ratio : 0.76 (As of Jun. 07, 2024)


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What is Ghandhara Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Ghandhara Industries's current share price is ₨265.94. Ghandhara Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₨348.91. Ghandhara Industries's Cyclically Adjusted PS Ratio for today is 0.76.

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

KAR:GHNI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.39   Max: 0.83
Current: 0.83

During the past years, Ghandhara Industries's highest Cyclically Adjusted PS Ratio was 0.83. The lowest was 0.22. And the median was 0.39.

KAR:GHNI's Cyclically Adjusted PS Ratio is ranked worse than
55.17% of 1006 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs KAR:GHNI: 0.83

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.

Ghandhara Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was ₨112.660. 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 ₨348.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ghandhara Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ghandhara Industries'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.

Ghandhara Industries Cyclically Adjusted PS Ratio Chart

Ghandhara Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.25

Ghandhara Industries 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 0.27 0.25 0.34 0.51 0.46

Competitive Comparison of Ghandhara Industries's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Ghandhara Industries'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.


Ghandhara Industries's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Ghandhara Industries 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.

Ghandhara Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=265.94/348.91
=0.76

* 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.

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

For example, Ghandhara Industries'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)
=112.66/131.7762*131.7762
=112.660

Current CPI (Mar. 2024) = 131.7762.

Ghandhara Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.802 100.560 24.639
201409 18.444 100.428 24.201
201412 13.744 99.070 18.281
201503 14.393 99.621 19.039
201506 30.658 100.684 40.126
201509 22.155 100.392 29.081
201512 29.071 99.792 38.388
201603 31.046 100.470 40.720
201606 54.475 101.688 70.593
201609 34.958 101.861 45.225
201612 49.559 101.863 64.113
201703 61.820 102.862 79.197
201706 105.763 103.349 134.854
201709 93.905 104.136 118.830
201712 84.779 104.011 107.410
201803 92.724 105.290 116.050
201806 122.169 106.317 151.424
201809 102.912 106.507 127.329
201812 74.568 105.998 92.703
201903 75.759 107.251 93.083
201906 74.252 108.070 90.540
201909 70.585 108.329 85.862
201912 66.992 108.420 81.424
202003 92.553 108.902 111.994
202006 46.039 108.767 55.778
202009 56.341 109.815 67.608
202012 71.445 109.897 85.669
202103 121.055 111.754 142.743
202106 103.123 114.631 118.547
202109 143.965 115.734 163.920
202112 127.922 117.630 143.307
202203 144.825 121.301 157.332
202206 152.760 125.017 161.019
202209 98.111 125.227 103.242
202212 88.284 125.222 92.905
202303 112.595 127.348 116.510
202306 42.074 128.729 43.070
202309 59.303 129.860 60.178
202312 58.409 129.419 59.473
202403 112.660 131.776 112.660

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.


Ghandhara Industries  (KAR:GHNI) 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.


Ghandhara Industries Cyclically Adjusted PS Ratio Related Terms

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


Ghandhara Industries (KAR:GHNI) Business Description

Traded in Other Exchanges
N/A
Address
F-3, Hub Chowki Road, S.I.T.E, P.O. Box No. 2706, Karachi, SD, PAK, 75730
Ghandhara Industries Ltd is a Pakistan based company. It is engaged in the manufacturing, assembly and marketing of Isuzu DMAX Pickups, ISUZU Trucks, Bus Chassis and fabrication of Bus and Load bodies. Its products include Rigid Truck & Prime Mover, Hi- spark single cab, Microbus, Pickup, cross crew cab, lander single cab, Light Commercial Vehicles and others.

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