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Shekhawati Poly-Yarn (NSE:SPYL) Cyclically Adjusted PS Ratio : 0.51 (As of Jun. 10, 2024)


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What is Shekhawati Poly-Yarn Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Shekhawati Poly-Yarn's current share price is ₹3.90. Shekhawati Poly-Yarn's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹7.62. Shekhawati Poly-Yarn's Cyclically Adjusted PS Ratio for today is 0.51.

The historical rank and industry rank for Shekhawati Poly-Yarn's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:SPYL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.06   Max: 0.48
Current: 0.48

During the past years, Shekhawati Poly-Yarn's highest Cyclically Adjusted PS Ratio was 0.48. The lowest was 0.03. And the median was 0.06.

NSE:SPYL's Cyclically Adjusted PS Ratio is ranked better than
58.82% of 867 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs NSE:SPYL: 0.48

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.

Shekhawati Poly-Yarn's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹0.952. 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 ₹7.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shekhawati Poly-Yarn Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shekhawati Poly-Yarn'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.

Shekhawati Poly-Yarn Cyclically Adjusted PS Ratio Chart

Shekhawati Poly-Yarn 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 - 0.03 0.06 0.06 0.28

Shekhawati Poly-Yarn 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 0.06 0.06 0.06 0.12 0.28

Competitive Comparison of Shekhawati Poly-Yarn's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Shekhawati Poly-Yarn'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.


Shekhawati Poly-Yarn's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shekhawati Poly-Yarn's Cyclically Adjusted PS Ratio falls into.



Shekhawati Poly-Yarn 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.

Shekhawati Poly-Yarn's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.90/7.62
=0.51

* 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.

Shekhawati Poly-Yarn's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shekhawati Poly-Yarn'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)
=0.952/153.0345*153.0345
=0.952

Current CPI (Mar. 2024) = 153.0345.

Shekhawati Poly-Yarn Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.736 94.103 4.449
201409 3.833 96.780 6.061
201412 4.618 96.780 7.302
201503 5.208 97.163 8.203
201506 5.256 99.841 8.056
201509 2.133 101.753 3.208
201512 1.450 102.901 2.156
201603 1.492 102.518 2.227
201606 0.602 105.961 0.869
201609 0.718 105.961 1.037
201612 0.708 105.196 1.030
201703 0.795 105.196 1.157
201706 0.742 107.109 1.060
201709 0.973 109.021 1.366
201712 0.972 109.404 1.360
201803 1.326 109.786 1.848
201806 1.103 111.317 1.516
201809 1.497 115.142 1.990
201812 0.469 115.142 0.623
201903 1.117 118.202 1.446
201906 0.988 120.880 1.251
201909 1.565 123.175 1.944
201912 1.465 126.235 1.776
202003 0.687 124.705 0.843
202006 0.086 127.000 0.104
202009 0.165 130.118 0.194
202012 0.237 130.889 0.277
202103 0.345 131.771 0.401
202106 0.250 134.084 0.285
202109 2.038 135.847 2.296
202112 4.168 138.161 4.617
202203 3.962 138.822 4.368
202206 3.774 142.347 4.057
202209 2.889 144.661 3.056
202212 0.768 145.763 0.806
202303 1.284 146.865 1.338
202306 0.451 150.280 0.459
202309 0.430 151.492 0.434
202312 0.389 152.924 0.389
202403 0.952 153.035 0.952

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.


Shekhawati Poly-Yarn  (NSE:SPYL) 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.


Shekhawati Poly-Yarn Cyclically Adjusted PS Ratio Related Terms

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


Shekhawati Poly-Yarn (NSE:SPYL) Business Description

Traded in Other Exchanges
Address
Off. Western Express Highway, Express Zone, 'A' Wing, Unit No. 1102/1103, Patel Vatika, Malad (East), Mumbai, MH, IND, 400 097
Shekhawati Poly-Yarn Ltd is engaged in the business of manufacturing of texturizing yarn, twisting yarn and knitted fabrics. The Company operates through the textile business segment. The firm engages in the manufacture of polyester texturized yarn and fancy yarn used for suiting, shirting, dress materials, sarees, hosiery, knitted fabric, zipper fastener, curtain, industrial cloth, and upholstery. The company caters to both domestic and international markets.

Shekhawati Poly-Yarn (NSE:SPYL) Headlines

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