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Ramco Industries (NSE:RAMCOIND) Cyclically Adjusted PS Ratio : 1.29 (As of May. 21, 2024)


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What is Ramco Industries Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Ramco Industries's current share price is ₹220.75. Ramco Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹171.44. Ramco Industries's Cyclically Adjusted PS Ratio for today is 1.29.

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

NSE:RAMCOIND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.12   Max: 1.5
Current: 1.29

During the past years, Ramco Industries's highest Cyclically Adjusted PS Ratio was 1.50. The lowest was 0.76. And the median was 1.12.

NSE:RAMCOIND's Cyclically Adjusted PS Ratio is ranked worse than
70.63% of 1277 companies
in the Construction industry
Industry Median: 0.64 vs NSE:RAMCOIND: 1.29

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.

Ramco Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹39.979. 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 ₹171.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ramco Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ramco 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.

Ramco Industries Cyclically Adjusted PS Ratio Chart

Ramco Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.76

Ramco Industries 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 0.99 0.76 0.97 1.07 1.27

Competitive Comparison of Ramco Industries's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Ramco 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.


Ramco Industries's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ramco Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ramco 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=220.75/171.44
=1.29

* 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.

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

For example, Ramco Industries'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)
=39.979/152.9243*152.9243
=39.979

Current CPI (Dec. 2023) = 152.9243.

Ramco Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201306 28.930 88.365 50.066
201309 36.708 91.042 61.659
201312 20.367 91.425 34.067
201403 24.875 91.425 41.608
201406 31.514 94.103 51.213
201409 22.503 96.780 35.557
201412 22.629 96.780 35.756
201503 26.575 97.163 41.826
201506 31.931 99.841 48.908
201509 20.542 101.753 30.872
201512 22.486 102.901 33.417
201603 24.806 102.518 37.003
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 39.390 111.317 54.113
201809 26.961 115.142 35.808
201812 25.168 115.142 33.427
201903 31.817 118.202 41.163
201906 38.495 120.880 48.700
201909 26.286 123.175 32.635
201912 23.900 126.235 28.953
202003 27.930 124.705 34.250
202006 36.375 127.000 43.800
202009 31.213 130.118 36.684
202012 36.375 130.889 42.499
202103 40.814 131.771 47.366
202106 50.060 134.084 57.094
202109 37.134 135.847 41.802
202112 40.388 138.161 44.704
202203 46.904 138.822 51.669
202206 59.467 142.347 63.886
202209 36.362 144.661 38.439
202212 36.139 145.763 37.915
202303 41.826 146.865 43.552
202306 57.819 150.280 58.836
202309 37.730 151.492 38.087
202312 39.979 152.924 39.979

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.


Ramco Industries  (NSE:RAMCOIND) 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.


Ramco Industries Cyclically Adjusted PS Ratio Related Terms

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


Ramco Industries (NSE:RAMCOIND) Business Description

Traded in Other Exchanges
Address
98-A, Dr. Radhakrishnan Road, Auras Corporate Centre, VI Floor, Mylapore, Chennai, TN, IND, 600 004
Ramco Industries Ltd produces fiber cement sheets and cotton yarn in India. The company is engaged in the manufacture of Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). It operates through three segments namely building products, textiles, and wind power generation. The company generates maximum revenue from the building products segment. Geographically, it operates only in India.

Ramco Industries (NSE:RAMCOIND) Headlines

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