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DIC India (BOM:500089) Cyclically Adjusted PS Ratio : 0.43 (As of May. 31, 2024)


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What is DIC India Cyclically Adjusted PS Ratio?

As of today (2024-05-31), DIC India's current share price is ₹462.00. DIC India's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹1,077.21. DIC India's Cyclically Adjusted PS Ratio for today is 0.43.

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

BOM:500089' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.38   Max: 0.48
Current: 0.44

During the past years, DIC India's highest Cyclically Adjusted PS Ratio was 0.48. The lowest was 0.31. And the median was 0.38.

BOM:500089's Cyclically Adjusted PS Ratio is ranked better than
82.29% of 1214 companies
in the Chemicals industry
Industry Median: 1.215 vs BOM:500089: 0.44

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.

DIC India's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹222.412. 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 ₹1,077.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DIC India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DIC India'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.

DIC India Cyclically Adjusted PS Ratio Chart

DIC India Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.37 0.36 0.46

DIC India 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 0.36 0.35 0.40 0.41 0.46

Competitive Comparison of DIC India's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, DIC India'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.


DIC India's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, DIC India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



DIC India 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.

DIC India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=462.00/1077.21
=0.43

* 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.

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

For example, DIC India'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)
=222.412/152.9243*152.9243
=222.412

Current CPI (Dec. 2023) = 152.9243.

DIC India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 193.523 91.425 323.701
201406 192.399 94.103 312.664
201409 201.255 96.780 318.006
201412 199.730 96.780 315.597
201503 189.187 97.163 297.761
201506 205.653 99.841 314.996
201509 209.823 101.753 315.341
201512 213.607 102.901 317.448
201603 183.867 102.518 274.270
201606 198.026 105.961 285.793
201609 192.914 105.961 278.416
201612 195.846 105.196 284.703
201703 243.927 105.196 354.599
201706 199.825 107.109 285.300
201709 221.711 109.021 310.994
201712 176.284 109.404 246.409
201803 207.982 109.786 289.703
201806 223.102 111.317 306.493
201809 230.365 115.142 305.956
201812 247.398 115.142 328.579
201903 214.892 118.202 278.017
201906 221.665 120.880 280.427
201909 212.977 123.175 264.415
201912 208.947 126.235 253.123
202003 187.959 124.705 230.492
202006 127.687 127.000 153.751
202009 166.190 130.118 195.319
202012 178.154 130.889 208.146
202103 188.386 131.771 218.629
202106 178.460 134.084 203.535
202109 203.309 135.847 228.867
202112 238.195 138.161 263.648
202203 217.639 138.822 239.748
202206 234.683 142.347 252.121
202209 242.167 144.661 256.000
202212 251.333 145.763 263.681
202303 216.940 146.865 225.891
202306 225.992 150.280 229.968
202309 234.918 151.492 237.139
202312 222.412 152.924 222.412

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.


DIC India  (BOM:500089) 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.


DIC India Cyclically Adjusted PS Ratio Related Terms

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


DIC India (BOM:500089) Business Description

Industry
Traded in Other Exchanges
Address
Fusion Square, 5A-5B, Sector-126, 5th Floor, District Gautam Budh Nagar, Noida, UP, IND, 201303
DIC India Ltd is an India-based company engaged in the business of manufacturing printing inks that are used in newspapers, other publications, and packaging industries. It also offers lamination adhesive. The product portfolio of the company includes Gravur inks, Flexo inks, Adhesives, Specialty products and Paste inks. The company operates primarily within India.

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