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Katare Spinning Mills (BOM:502933) Cyclically Adjusted PS Ratio : 1.95 (As of Jun. 16, 2024)


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What is Katare Spinning Mills Cyclically Adjusted PS Ratio?

As of today (2024-06-16), Katare Spinning Mills's current share price is ₹240.00. Katare Spinning Mills's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹123.36. Katare Spinning Mills's Cyclically Adjusted PS Ratio for today is 1.95.

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

BOM:502933' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 1.73   Max: 2.69
Current: 1.95

During the past years, Katare Spinning Mills's highest Cyclically Adjusted PS Ratio was 2.69. The lowest was 0.07. And the median was 1.73.

BOM:502933's Cyclically Adjusted PS Ratio is ranked worse than
78.58% of 873 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs BOM:502933: 1.95

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.

Katare Spinning Mills's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹3.120. 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 ₹123.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Katare Spinning Mills Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Katare Spinning Mills'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.

Katare Spinning Mills Cyclically Adjusted PS Ratio Chart

Katare Spinning Mills 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 - 0.07 2.72 1.17 1.90

Katare Spinning Mills 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 1.17 1.70 2.00 1.92 1.90

Competitive Comparison of Katare Spinning Mills's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Katare Spinning Mills'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.


Katare Spinning Mills's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Katare Spinning Mills's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Katare Spinning Mills's Cyclically Adjusted PS Ratio falls into.



Katare Spinning Mills 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.

Katare Spinning Mills's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=240.00/123.36
=1.95

* 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.

Katare Spinning Mills's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Katare Spinning Mills's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.12/153.0345*153.0345
=3.120

Current CPI (Mar. 2024) = 153.0345.

Katare Spinning Mills Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 119.262 94.103 193.950
201409 26.226 96.780 41.470
201412 26.727 96.780 42.262
201503 38.076 97.163 59.971
201506 38.371 99.841 58.815
201509 21.314 101.753 32.056
201512 25.135 102.901 37.381
201603 30.467 102.518 45.480
201606 25.057 105.961 36.189
201609 27.082 105.961 39.113
201612 27.926 105.196 40.626
201703 44.796 105.196 65.167
201706 32.865 107.109 46.957
201709 18.646 109.021 26.174
201712 28.733 109.404 40.192
201803 33.359 109.786 46.500
201806 27.147 111.317 37.321
201809 23.515 115.142 31.254
201812 31.131 115.142 41.376
201903 30.061 118.202 38.920
201906 33.000 120.880 41.778
201909 22.584 123.175 28.059
201912 26.452 126.235 32.068
202003 27.035 124.705 33.177
202006 11.654 127.000 14.043
202009 15.786 130.118 18.566
202012 0.925 130.889 1.082
202103 8.345 131.771 9.692
202106 9.069 134.084 10.351
202109 0.366 135.847 0.412
202112 2.851 138.161 3.158
202203 -0.138 138.822 -0.152
202206 2.791 142.347 3.001
202209 6.334 144.661 6.701
202212 5.006 145.763 5.256
202303 10.679 146.865 11.128
202306 1.234 150.280 1.257
202309 4.175 151.492 4.218
202312 5.525 152.924 5.529
202403 3.120 153.035 3.120

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.


Katare Spinning Mills  (BOM:502933) 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.


Katare Spinning Mills Cyclically Adjusted PS Ratio Related Terms

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


Katare Spinning Mills (BOM:502933) Business Description

Traded in Other Exchanges
N/A
Address
Akkalkot road, 14/30 Ground Floor, B Wing, Katare Complex, Bl. No. 10, Ravivar Peth, Gandhinagar, Solapur, MH, IND, 413006
Katare Spinning Mills Ltd is an India-based company. It is engaged in the business of manufacturing of cotton yarn, solar power generation, and hospitality. Katare Spinning Mills operates through various segments that are Spinning Division, Hotel Division, and Solar Power. The Spinning Mill segment generates maximum revenue for the company.

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