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Kinetic Engineering (BOM:500240) Cyclically Adjusted PS Ratio : 2.44 (As of Jun. 02, 2024)


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What is Kinetic Engineering Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Kinetic Engineering's current share price is ₹173.95. Kinetic Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹71.20. Kinetic Engineering's Cyclically Adjusted PS Ratio for today is 2.44.

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

BOM:500240' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.66   Max: 2.75
Current: 2.44

During the past years, Kinetic Engineering's highest Cyclically Adjusted PS Ratio was 2.75. The lowest was 0.99. And the median was 1.66.

BOM:500240's Cyclically Adjusted PS Ratio is ranked worse than
82.17% of 1004 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs BOM:500240: 2.44

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.

Kinetic Engineering's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹15.573. 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 ₹71.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinetic Engineering Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kinetic 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.

Kinetic Engineering Cyclically Adjusted PS Ratio Chart

Kinetic Engineering 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 - - - 1.17 1.30

Kinetic Engineering 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 1.67 1.30 1.58 1.96 1.92

Competitive Comparison of Kinetic Engineering's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Kinetic 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.


Kinetic Engineering's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kinetic Engineering's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kinetic 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.

Kinetic Engineering's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=173.95/71.2
=2.44

* 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.

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

For example, Kinetic Engineering'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)
=15.573/152.9243*152.9243
=15.573

Current CPI (Dec. 2023) = 152.9243.

Kinetic Engineering Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.753 91.425 14.641
201406 9.905 94.103 16.096
201409 13.115 96.780 20.723
201412 10.441 96.780 16.498
201503 8.810 97.163 13.866
201506 9.303 99.841 14.249
201509 9.305 101.753 13.984
201512 9.627 102.901 14.307
201603 9.355 102.518 13.955
201606 10.917 105.961 15.756
201609 10.648 105.961 15.367
201612 12.096 105.196 17.584
201703 15.443 105.196 22.450
201706 14.118 107.109 20.157
201709 15.738 109.021 22.076
201712 13.716 109.404 19.172
201803 12.848 109.786 17.896
201806 14.530 111.317 19.961
201809 16.682 115.142 22.156
201812 14.764 115.142 19.609
201903 18.753 118.202 24.262
201906 19.487 120.880 24.653
201909 18.335 123.175 22.763
201912 14.761 126.235 17.882
202003 12.318 124.705 15.105
202006 2.728 127.000 3.285
202009 11.409 130.118 13.409
202012 14.273 130.889 16.676
202103 18.436 131.771 21.396
202106 20.153 134.084 22.985
202109 19.616 135.847 22.082
202112 17.705 138.161 19.597
202203 14.818 138.822 16.323
202206 16.631 142.347 17.867
202209 0.000 144.661 0.000
202212 16.330 145.763 17.132
202303 17.273 146.865 17.986
202306 16.144 150.280 16.428
202309 18.122 151.492 18.293
202312 15.573 152.924 15.573

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.


Kinetic Engineering  (BOM:500240) 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.


Kinetic Engineering Cyclically Adjusted PS Ratio Related Terms

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


Kinetic Engineering (BOM:500240) Business Description

Traded in Other Exchanges
N/A
Address
D-1 Block, MIDC, Plot No. 18/2, Kinetic Innovation Park, Chinchwad, Pune, MH, IND, 411019
Kinetic Engineering Ltd operates in the automobile industry. The company is engaged in the manufacturing and distribution of automotive components. Its product offerings include transmission components, engine components, complete gearbox and engine assemblies for auto and non-auto products.

Kinetic Engineering (BOM:500240) Headlines

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