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AIA Engineering (AIA Engineering) Cyclically Adjusted PS Ratio : (As of Jun. 16, 2024)


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What is AIA Engineering Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


AIA Engineering Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AIA Engineering'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.

AIA Engineering Cyclically Adjusted PS Ratio Chart

AIA Engineering 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 4.88 6.80 4.93 7.88 9.82

AIA Engineering 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 7.88 8.39 9.01 9.30 9.82

Competitive Comparison of AIA Engineering's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, AIA Engineering'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.


AIA Engineering's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AIA Engineering's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AIA Engineering 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.

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

For example, AIA Engineering'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)
=1.444/153.0345*153.0345
=1.444

Current CPI (Mar. 2024) = 153.0345.

AIA Engineering Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.841 94.103 1.368
201409 0.964 96.780 1.524
201412 0.834 96.780 1.319
201503 0.996 97.163 1.569
201506 0.891 99.841 1.366
201509 0.763 101.753 1.148
201512 0.766 102.901 1.139
201603 0.920 102.518 1.373
201606 0.738 105.961 1.066
201609 0.818 105.961 1.181
201612 0.897 105.196 1.305
201703 0.981 105.196 1.427
201706 0.913 107.109 1.304
201709 0.893 109.021 1.254
201712 0.918 109.404 1.284
201803 1.175 109.786 1.638
201806 1.081 111.317 1.486
201809 1.049 115.142 1.394
201812 1.048 115.142 1.393
201903 1.316 118.202 1.704
201906 1.091 120.880 1.381
201909 1.006 123.175 1.250
201912 1.000 126.235 1.212
202003 1.155 124.705 1.417
202006 0.786 127.000 0.947
202009 1.038 130.118 1.221
202012 0.990 130.889 1.158
202103 1.248 131.771 1.449
202106 1.052 134.084 1.201
202109 1.254 135.847 1.413
202112 1.171 138.161 1.297
202203 1.515 138.822 1.670
202206 1.445 142.347 1.553
202209 1.733 144.661 1.833
202212 1.555 145.763 1.633
202303 1.613 146.865 1.681
202306 1.573 150.280 1.602
202309 1.626 151.492 1.643
202312 1.460 152.924 1.461
202403 1.444 153.035 1.444

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.


AIA Engineering  (GREY:AAGGY) 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.


AIA Engineering Cyclically Adjusted PS Ratio Related Terms

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AIA Engineering (AIA Engineering) Business Description

Traded in Other Exchanges
Address
Off. S. G. Highway, Sindhu Bhavan Road, 11-12, Sigma Corporates, Behind HOF Showroom, Bodakdev, Ahmedabad, GJ, IND, 380054
AIA Engineering Ltd is an India-based company that develops, manufactures, and distributes chromium consumable wear parts, including grinding media, shell liners, diaphragms, grinding tables, heat-resistant castings, cone crushers, and others. The company's products are applied in the crushing/grinding processes in the cement, mining, thermal power, and other sectors. AIA Engineering Ltd generates the majority of its sales from markets outside of India. Vega Industries, a wholly-owned subsidiary of this company, is responsible for distributing the company's products outside India.

AIA Engineering (AIA Engineering) Headlines

From GuruFocus

Q3 2024 AIA Engineering Ltd Earnings Call Transcript

By GuruFocus Research 02-10-2024