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Mirza International (NSE:MIRZAINT) Cyclically Adjusted PS Ratio : 0.38 (As of Jun. 09, 2024)


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What is Mirza International Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Mirza International's current share price is ₹43.15. Mirza International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹113.43. Mirza International's Cyclically Adjusted PS Ratio for today is 0.38.

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

NSE:MIRZAINT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.51   Max: 3.03
Current: 0.38

During the past years, Mirza International's highest Cyclically Adjusted PS Ratio was 3.03. The lowest was 0.28. And the median was 0.51.

NSE:MIRZAINT's Cyclically Adjusted PS Ratio is ranked better than
66.36% of 868 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.635 vs NSE:MIRZAINT: 0.38

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.

Mirza International's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹10.770. 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 ₹113.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mirza International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mirza International'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.

Mirza International Cyclically Adjusted PS Ratio Chart

Mirza International 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 0.35 0.42 1.42 0.30 0.38

Mirza International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2.13 0.30 0.38 0.40 0.38

Competitive Comparison of Mirza International's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Mirza International'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.


Mirza International's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mirza International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mirza International 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.

Mirza International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.15/113.43
=0.38

* 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.

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

For example, Mirza International'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)
=10.77/153.0345*153.0345
=10.770

Current CPI (Mar. 2024) = 153.0345.

Mirza International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 18.559 91.425 31.066
201403 18.350 91.425 30.716
201406 22.768 94.103 37.026
201409 27.994 96.780 44.266
201412 24.832 96.780 39.266
201503 23.444 97.163 36.925
201506 26.875 99.841 41.194
201509 27.586 101.753 41.489
201512 23.340 102.901 34.711
201603 13.193 102.518 19.694
201606 20.904 105.961 30.191
201609 20.813 105.961 30.059
201612 18.996 105.196 27.635
201703 11.718 105.196 17.047
201706 20.257 107.109 28.943
201709 19.632 109.021 27.558
201803 0.000 109.786 0.000
201806 21.730 111.317 29.874
201809 24.606 115.142 32.704
201812 25.404 115.142 33.764
201903 20.746 118.202 26.860
201906 25.514 120.880 32.301
201909 25.564 123.175 31.761
201912 33.048 126.235 40.064
202003 17.294 124.705 21.223
202006 6.905 127.000 8.320
202009 22.801 130.118 26.817
202012 31.791 130.889 37.170
202103 24.266 131.771 28.182
202106 20.919 134.084 23.876
202109 32.629 135.847 36.757
202112 48.991 138.161 54.265
202203 11.183 138.822 12.328
202206 40.231 142.347 43.251
202209 12.826 144.661 13.568
202212 9.487 145.763 9.960
202303 11.570 146.865 12.056
202309 15.088 151.492 15.242
202312 10.314 152.924 10.321
202403 10.770 153.035 10.770

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.


Mirza International  (NSE:MIRZAINT) 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.


Mirza International Cyclically Adjusted PS Ratio Related Terms

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


Mirza International (NSE:MIRZAINT) Business Description

Traded in Other Exchanges
Address
A-7, Mathura Road, Mohan Co-operative Industrial Estate, New Delhi, IND, 110 044
Mirza International Ltd is engaged in the manufacturing and marketing of leather footwear and finished leather. Its business segment includes the Export division and Domestic Division, where the majority is generated from Export. Geographically the company generates the majority of its revenue from the UK. Its brand includes Thomas Crick, Off the Hook London, and Oaktrak.

Mirza International (NSE:MIRZAINT) Headlines

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