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Ion Exchange (India) (BOM:500214) Cyclically Adjusted PS Ratio : 4.39 (As of May. 15, 2024)


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What is Ion Exchange (India) Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Ion Exchange (India)'s current share price is ₹533.65. Ion Exchange (India)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹121.49. Ion Exchange (India)'s Cyclically Adjusted PS Ratio for today is 4.39.

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

BOM:500214' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.85   Max: 5.39
Current: 4.28

During the past 13 years, Ion Exchange (India)'s highest Cyclically Adjusted PS Ratio was 5.39. The lowest was 0.41. And the median was 0.85.

BOM:500214's Cyclically Adjusted PS Ratio is ranked worse than
83.2% of 2190 companies
in the Industrial Products industry
Industry Median: 1.44 vs BOM:500214: 4.28

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.

Ion Exchange (India)'s adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹166.897. 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 ₹121.49 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ion Exchange (India) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ion Exchange (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.

Ion Exchange (India) Cyclically Adjusted PS Ratio Chart

Ion Exchange (India) 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 0.49 0.66 1.31 1.51 2.81

Ion Exchange (India) Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.66 1.31 1.51 2.81

Competitive Comparison of Ion Exchange (India)'s Cyclically Adjusted PS Ratio

For the Pollution & Treatment Controls subindustry, Ion Exchange (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.


Ion Exchange (India)'s Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ion Exchange (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ion Exchange (India)'s Cyclically Adjusted PS Ratio falls into.



Ion Exchange (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.

Ion Exchange (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=533.65/121.49
=4.39

* 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.

Ion Exchange (India)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Ion Exchange (India)'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)
=166.897/146.8646*146.8646
=166.897

Current CPI (Mar23) = 146.8646.

Ion Exchange (India) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 56.080 91.425 90.087
201503 55.575 97.163 84.003
201603 60.022 102.518 85.986
201703 86.603 105.196 120.907
201803 89.781 109.786 120.103
201903 99.875 118.202 124.093
202003 124.982 124.705 147.191
202103 122.020 131.771 135.997
202203 132.011 138.822 139.659
202303 166.897 146.865 166.897

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.


Ion Exchange (India)  (BOM:500214) 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.


Ion Exchange (India) Cyclically Adjusted PS Ratio Related Terms

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


Ion Exchange (India) (BOM:500214) Business Description

Traded in Other Exchanges
Address
Dr. E. Moses Road, Ion House, Mahalaxmi, Mumbai, MH, IND, 400011
Ion Exchange (India) Ltd is a water solution provider. The principal activities of the company consist of the construction and maintenance of water treatment plants, wastewater treatment, manufacturing resins, specialty chemicals for water, recycling, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination, etc. The company operates its business through the Engineering division, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. The company caters to both domestic and international markets.

Ion Exchange (India) (BOM:500214) Headlines

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