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Delta Manufacturing (BOM:504286) Cyclically Adjusted PS Ratio : 0.75 (As of Jun. 20, 2024)


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What is Delta Manufacturing Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Delta Manufacturing's current share price is ₹98.60. Delta Manufacturing's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹131.35. Delta Manufacturing's Cyclically Adjusted PS Ratio for today is 0.75.

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

BOM:504286' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.56   Max: 0.82
Current: 0.76

During the past years, Delta Manufacturing's highest Cyclically Adjusted PS Ratio was 0.82. The lowest was 0.13. And the median was 0.56.

BOM:504286's Cyclically Adjusted PS Ratio is ranked better than
70.66% of 2198 companies
in the Industrial Products industry
Industry Median: 1.4 vs BOM:504286: 0.76

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.

Delta Manufacturing's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹19.584. 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 ₹131.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delta Manufacturing Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Delta Manufacturing'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.

Delta Manufacturing Cyclically Adjusted PS Ratio Chart

Delta Manufacturing 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 - 0.23 0.52 0.52 0.71

Delta Manufacturing 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 0.52 0.58 0.67 0.72 0.71

Competitive Comparison of Delta Manufacturing's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Delta Manufacturing'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.


Delta Manufacturing's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Delta Manufacturing 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.

Delta Manufacturing's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=98.60/131.35
=0.75

* 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.

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

For example, Delta Manufacturing'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)
=19.584/153.0345*153.0345
=19.584

Current CPI (Mar. 2024) = 153.0345.

Delta Manufacturing Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.725 94.103 35.330
201409 23.052 96.780 36.451
201412 21.789 96.780 34.454
201503 20.526 97.163 32.329
201506 20.938 99.841 32.094
201509 19.937 101.753 29.985
201512 22.074 102.901 32.829
201603 22.163 102.518 33.084
201606 23.195 105.961 33.499
201609 23.733 105.961 34.276
201612 22.673 105.196 32.984
201703 23.913 105.196 34.788
201706 24.922 107.109 35.608
201709 28.757 109.021 40.367
201712 25.553 109.404 35.744
201803 30.231 109.786 42.140
201806 31.103 111.317 42.759
201809 32.930 115.142 43.767
201812 43.851 115.142 58.282
201903 47.828 118.202 61.922
201906 49.487 120.880 62.651
201909 44.591 123.175 55.401
201912 50.686 126.235 61.446
202003 27.903 124.705 34.242
202006 11.101 127.000 13.377
202009 23.578 130.118 27.731
202012 20.167 130.889 23.579
202103 23.159 131.771 26.896
202106 16.094 134.084 18.369
202109 19.612 135.847 22.093
202112 22.834 138.161 25.292
202203 22.365 138.822 24.655
202206 19.406 142.347 20.863
202209 16.093 144.661 17.025
202212 19.739 145.763 20.724
202303 18.186 146.865 18.950
202306 19.478 150.280 19.835
202309 19.061 151.492 19.255
202312 18.874 152.924 18.888
202403 19.584 153.035 19.584

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.


Delta Manufacturing  (BOM:504286) 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.


Delta Manufacturing Cyclically Adjusted PS Ratio Related Terms

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


Delta Manufacturing (BOM:504286) Business Description

Traded in Other Exchanges
Address
Tardeo Road, Bayside Mall, 2nd Floor, Opposite Sobo Central Mall, Haji Ali, Mumbai, MH, IND, 400 034
Delta Manufacturing Ltd is a manufacturer of hard ferrite magnets. The company along with its subsidiaries manufactures ceramic magnets used in the automotive sector; soft ferrites that serve the electronics and automotive sector and also has a distribution house that deals in various kinds of magnets and magnet materials that are useful for various industries including electronics, retail, non-conventional energy, aerospace and automotive. Its operating segment includes Hard ferrites; Soft ferrites; Textiles and MagDev. The majority of the revenue is derived from the Textiles segment.

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