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Greaves Cotton (BOM:501455) Cyclically Adjusted PS Ratio : 1.77 (As of Sep. 23, 2024)


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What is Greaves Cotton Cyclically Adjusted PS Ratio?

As of today (2024-09-23), Greaves Cotton's current share price is ₹176.35. Greaves Cotton's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹99.66. Greaves Cotton's Cyclically Adjusted PS Ratio for today is 1.77.

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

BOM:501455' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.41   Max: 2.21
Current: 1.77

During the past 13 years, Greaves Cotton's highest Cyclically Adjusted PS Ratio was 2.21. The lowest was 0.72. And the median was 1.41.

BOM:501455's Cyclically Adjusted PS Ratio is ranked worse than
57.45% of 2054 companies
in the Industrial Products industry
Industry Median: 1.46 vs BOM:501455: 1.77

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.

Greaves Cotton's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹110.717. 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 ₹99.66 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greaves Cotton Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Greaves Cotton'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.

Greaves Cotton Cyclically Adjusted PS Ratio Chart

Greaves Cotton 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 0.75 1.36 2.05 1.31 1.27

Greaves Cotton 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 - - - 1.27 -

Competitive Comparison of Greaves Cotton's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Greaves Cotton'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.


Greaves Cotton's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greaves Cotton's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Greaves Cotton 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.

Greaves Cotton's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=176.35/99.66
=1.77

* 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.

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

For example, Greaves Cotton'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)
=110.717/153.0345*153.0345
=110.717

Current CPI (Mar24) = 153.0345.

Greaves Cotton Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 69.448 97.163 109.383
201603 66.037 102.518 98.577
201703 66.806 105.196 97.186
201803 73.270 109.786 102.133
201903 82.393 118.202 106.673
202003 79.726 124.705 97.837
202103 64.339 131.771 74.721
202203 72.732 138.822 80.178
202303 114.413 146.865 119.220
202403 110.717 153.035 110.717

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.


Greaves Cotton  (BOM:501455) 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.


Greaves Cotton Cyclically Adjusted PS Ratio Related Terms

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


Greaves Cotton Business Description

Traded in Other Exchanges
Address
LBS Marg, Kurla (West), Unit No. 1A, 5th Floor, Tower 3, Equinox Business Park, Mumbai, MH, IND, 400 070
Greaves Cotton Ltd is a diversified engineering company. The company is a manufacturer and marketer of diesel engines, petrol engines, generator sets, pump sets, and construction equipment. Its product is used in automotive, marine, farm, construction and industrial applications. The company's operating segment includes Engines, Electric mobility and Others. The Engine segment includes the application of engines in farm equipment and gensets. It generates maximum revenue from the Engines segment. Geographically, it derives a majority of revenue from India.

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