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Surana Telecom and Power (NSE:SURANAT&P) Cyclically Adjusted PS Ratio : 5.53 (As of May. 19, 2024)


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What is Surana Telecom and Power Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Surana Telecom and Power's current share price is ₹16.30. Surana Telecom and Power's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹2.95. Surana Telecom and Power's Cyclically Adjusted PS Ratio for today is 5.53.

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

NSE:SURANAT&P' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.47   Max: 5.53
Current: 5.53

During the past 13 years, Surana Telecom and Power's highest Cyclically Adjusted PS Ratio was 5.53. The lowest was 0.67. And the median was 1.47.

NSE:SURANAT&P's Cyclically Adjusted PS Ratio is ranked worse than
79.31% of 261 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.88 vs NSE:SURANAT&P: 5.53

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.

Surana Telecom and Power's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹2.056. 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 ₹2.95 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Surana Telecom and Power Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Surana Telecom and Power'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.

Surana Telecom and Power Cyclically Adjusted PS Ratio Chart

Surana Telecom and Power 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 1.03 0.72 1.47 3.50 2.84

Surana Telecom and Power 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 - 2.84 - - -

Competitive Comparison of Surana Telecom and Power's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Surana Telecom and Power'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.


Surana Telecom and Power's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Surana Telecom and Power's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Surana Telecom and Power's Cyclically Adjusted PS Ratio falls into.



Surana Telecom and Power 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.

Surana Telecom and Power's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.30/2.95
=5.53

* 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.

Surana Telecom and Power's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Surana Telecom and Power's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=2.056/146.8646*146.8646
=2.056

Current CPI (Mar23) = 146.8646.

Surana Telecom and Power Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.791 91.425 4.483
201503 1.724 97.163 2.606
201603 2.447 102.518 3.505
201703 2.446 105.196 3.415
201803 2.457 109.786 3.287
201903 2.534 118.202 3.148
202003 2.116 124.705 2.492
202103 2.157 131.771 2.404
202203 2.169 138.822 2.295
202303 2.056 146.865 2.056

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.


Surana Telecom and Power  (NSE:SURANAT&P) 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.


Surana Telecom and Power Cyclically Adjusted PS Ratio Related Terms

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


Surana Telecom and Power (NSE:SURANAT&P) Business Description

Traded in Other Exchanges
Address
Plot No. 214, 215/A, Phase-II IDA, Cherlapally, Hyderabad, TG, IND, 500051
Surana Telecom and Power Ltd engage in the manufacturing of solar products and generation of wind electricity. The firm operates in two segments which are Renewable Energy (Solar &wind) and Trading & others. It is engaged in the manufacturing of solar photovoltaics (SPV), aluminum rods, jointing kits; and wind and solar power. Its products include jelly-filled cables, aluminum rods, optical fiber cables, heat-shrinkable jointing kits, assembly of code division multiple access (CDMA) mobile handsets, fixed wireless telephones, and power cables.

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