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Ramco Cements (BOM:500260) Cyclically Adjusted PS Ratio : 2.79 (As of Sep. 22, 2024)


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What is Ramco Cements Cyclically Adjusted PS Ratio?

As of today (2024-09-22), Ramco Cements's current share price is ₹835.85. Ramco Cements's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₹299.71. Ramco Cements's Cyclically Adjusted PS Ratio for today is 2.79.

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

BOM:500260' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.39   Med: 3.26   Max: 4.84
Current: 2.78

During the past years, Ramco Cements's highest Cyclically Adjusted PS Ratio was 4.84. The lowest was 2.39. And the median was 3.26.

BOM:500260's Cyclically Adjusted PS Ratio is ranked worse than
76.27% of 295 companies
in the Building Materials industry
Industry Median: 0.98 vs BOM:500260: 2.78

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.

Ramco Cements's adjusted revenue per share data for the three months ended in Jun. 2024 was ₹91.832. 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 ₹299.71 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ramco Cements Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ramco Cements'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.

Ramco Cements Cyclically Adjusted PS Ratio Chart

Ramco Cements 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 - 4.37 3.15 2.81 2.77

Ramco Cements Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.33 3.22 3.54 2.77 2.79

Competitive Comparison of Ramco Cements's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Ramco Cements'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.


Ramco Cements's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ramco Cements's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ramco Cements 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.

Ramco Cements's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=835.85/299.71
=2.79

* 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.

Ramco Cements's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Ramco Cements's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=91.832/155.7889*155.7889
=91.832

Current CPI (Jun. 2024) = 155.7889.

Ramco Cements Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 38.143 91.042 65.269
201312 35.233 91.425 60.037
201403 38.784 91.425 66.088
201406 38.983 94.103 64.537
201409 40.230 96.780 64.759
201412 32.771 96.780 52.752
201503 40.408 97.163 64.789
201506 39.068 99.841 60.961
201509 37.660 101.753 57.659
201512 34.603 102.901 52.388
201603 40.195 102.518 61.081
201609 42.170 105.961 62.000
201703 0.000 105.196 0.000
201709 42.756 109.021 61.097
201803 0.000 109.786 0.000
201806 55.619 111.317 77.840
201809 47.430 115.142 64.174
201812 49.467 115.142 66.930
201903 72.611 118.202 95.700
201906 62.498 120.880 80.547
201909 52.110 123.175 65.908
201912 53.816 126.235 66.415
202003 65.382 124.705 81.679
202006 43.641 127.000 53.534
202009 54.960 130.118 65.803
202012 57.685 130.889 68.659
202103 72.538 131.771 85.760
202106 49.201 134.084 57.165
202109 63.550 135.847 72.879
202112 67.468 138.161 76.076
202203 77.543 138.822 87.020
202206 77.855 142.347 85.207
202209 75.710 144.661 81.534
202212 88.172 145.763 94.237
202303 110.990 146.865 117.734
202306 98.429 150.280 102.037
202309 102.371 151.492 105.275
202312 92.451 152.924 94.183
202403 116.140 153.035 118.230
202406 91.832 155.789 91.832

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.


Ramco Cements  (BOM:500260) 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.


Ramco Cements Cyclically Adjusted PS Ratio Related Terms

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


Ramco Cements Business Description

Traded in Other Exchanges
Address
98-A, Dr. Radhakrishnan Road, Mylapore, Chennai, TN, IND, 600 004
Ramco Cements Ltd, part of Ramco Group, is a producer of Portland cement. The company owns grinding units and packing terminals, as well as integrated cement plants. Its cement is sold under the Ramco Supergrade brand in India. Other products include ready-mix concrete and dry-mortar products. Ramco Cements also operates wind farms in India.

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