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Tamilnadu Petroproducts (BOM:500777) Cyclically Adjusted PS Ratio : 0.52 (As of Jun. 17, 2024)


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What is Tamilnadu Petroproducts Cyclically Adjusted PS Ratio?

As of today (2024-06-17), Tamilnadu Petroproducts's current share price is ₹90.69. Tamilnadu Petroproducts's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹173.61. Tamilnadu Petroproducts's Cyclically Adjusted PS Ratio for today is 0.52.

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

BOM:500777' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.47   Max: 0.81
Current: 0.52

During the past 13 years, Tamilnadu Petroproducts's highest Cyclically Adjusted PS Ratio was 0.81. The lowest was 0.16. And the median was 0.47.

BOM:500777's Cyclically Adjusted PS Ratio is ranked better than
78.07% of 1213 companies
in the Chemicals industry
Industry Median: 1.21 vs BOM:500777: 0.52

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.

Tamilnadu Petroproducts's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹184.949. 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 ₹173.61 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tamilnadu Petroproducts Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tamilnadu Petroproducts'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.

Tamilnadu Petroproducts Cyclically Adjusted PS Ratio Chart

Tamilnadu Petroproducts 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 0.16 0.31 0.72 0.42 0.45

Tamilnadu Petroproducts 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 0.42 - - - 0.45

Competitive Comparison of Tamilnadu Petroproducts's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Tamilnadu Petroproducts'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.


Tamilnadu Petroproducts's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Tamilnadu Petroproducts 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.

Tamilnadu Petroproducts's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=90.69/173.61
=0.52

* 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.

Tamilnadu Petroproducts's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Tamilnadu Petroproducts's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=184.949/153.0345*153.0345
=184.949

Current CPI (Mar24) = 153.0345.

Tamilnadu Petroproducts Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 105.575 97.163 166.284
201603 77.872 102.518 116.244
201703 98.795 105.196 143.723
201803 116.578 109.786 162.502
201903 137.995 118.202 178.660
202003 135.880 124.705 166.748
202103 127.014 131.771 147.510
202203 200.305 138.822 220.812
202303 238.615 146.865 248.639
202403 184.949 153.035 184.949

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.


Tamilnadu Petroproducts  (BOM:500777) 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.


Tamilnadu Petroproducts Cyclically Adjusted PS Ratio Related Terms

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


Tamilnadu Petroproducts (BOM:500777) Business Description

Traded in Other Exchanges
Address
Manali Express Highway, Manali, Chennai, TN, IND, 600 068
Tamilnadu Petroproducts Ltd is engaged in the manufacturing and sale of petrochemical products. Its product portfolio includes Linear Alkyl Benzene (LAB), Caustic Soda Chlorine, and Derivatives. The company derives maximum revenue from the sale of Linear Alkyl Benzene (LAB) products. The company has its unit situated in Manali, Chennai. Geographically, it generates a majority of revenue from India.

Tamilnadu Petroproducts (BOM:500777) Headlines

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