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Permanent Magnets (BOM:504132) Cyclically Adjusted PS Ratio : 6.46 (As of Sep. 26, 2024)


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What is Permanent Magnets Cyclically Adjusted PS Ratio?

As of today (2024-09-26), Permanent Magnets's current share price is ₹1027.95. Permanent Magnets's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₹159.12. Permanent Magnets's Cyclically Adjusted PS Ratio for today is 6.46.

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

BOM:504132' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.25   Med: 3.44   Max: 11.62
Current: 6.46

During the past years, Permanent Magnets's highest Cyclically Adjusted PS Ratio was 11.62. The lowest was 1.25. And the median was 3.44.

BOM:504132's Cyclically Adjusted PS Ratio is ranked worse than
90.79% of 2053 companies
in the Industrial Products industry
Industry Median: 1.47 vs BOM:504132: 6.46

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.

Permanent Magnets's adjusted revenue per share data for the three months ended in Jun. 2024 was ₹63.155. 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 ₹159.12 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Permanent Magnets Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Permanent Magnets'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.

Permanent Magnets Cyclically Adjusted PS Ratio Chart

Permanent Magnets 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 - 1.70 3.41 - 8.05

Permanent Magnets 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 8.79 10.15 9.54 8.05 6.90

Competitive Comparison of Permanent Magnets's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Permanent Magnets'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.


Permanent Magnets's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Permanent Magnets 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.

Permanent Magnets's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1027.95/159.12
=6.46

* 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.

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

For example, Permanent Magnets'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)
=63.155/155.7889*155.7889
=63.155

Current CPI (Jun. 2024) = 155.7889.

Permanent Magnets Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 17.243 96.780 27.756
201412 17.953 96.780 28.899
201503 21.553 97.163 34.558
201506 18.129 99.841 28.288
201509 20.236 101.753 30.982
201512 17.668 102.901 26.749
201603 22.986 102.518 34.930
201606 15.603 105.961 22.940
201609 19.097 105.961 28.077
201612 18.840 105.196 27.901
201703 28.816 105.196 42.675
201706 19.517 107.109 28.387
201709 26.186 109.021 37.419
201712 28.034 109.404 39.920
201803 34.069 109.786 48.345
201806 27.634 111.317 38.674
201809 37.507 115.142 50.748
201812 34.589 115.142 46.799
201903 34.115 118.202 44.963
201906 29.291 120.880 37.750
201909 36.416 123.175 46.058
201912 31.446 126.235 38.808
202003 22.133 124.705 27.650
202006 17.911 127.000 21.971
202009 37.120 130.118 44.443
202012 37.369 130.889 44.478
202103 37.949 131.771 44.866
202106 36.675 134.084 42.612
202109 36.635 135.847 42.013
202112 32.172 138.161 36.277
202203 36.760 138.822 41.253
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 50.786 150.280 52.648
202309 62.519 151.492 64.292
202312 58.817 152.924 59.919
202403 53.934 153.035 54.905
202406 63.155 155.789 63.155

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.


Permanent Magnets  (BOM:504132) 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.


Permanent Magnets Cyclically Adjusted PS Ratio Related Terms

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


Permanent Magnets Business Description

Traded in Other Exchanges
N/A
Address
Plot No. B-3, MIDC Industrial Area, Village Mira, Mira Road (East), Thane, MH, IND, 401107
Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast magnets and parts and accessories for electricity meters and its application. The magnets are used in electronics, electricity meters, automobile industries, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. Its product portfolio includes magnetic assemblies, shunts, brass terminals, magnetic separators, electromagnets, alnico magnets, and others. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. The company operates in one single segment which is Engineering and Current Sensing application.

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