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Orient Ceratech (BOM:504879) Cyclically Adjusted PS Ratio : 1.79 (As of Jun. 19, 2024)


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What is Orient Ceratech Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Orient Ceratech's current share price is ₹54.08. Orient Ceratech's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹30.23. Orient Ceratech's Cyclically Adjusted PS Ratio for today is 1.79.

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

BOM:504879' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.07   Max: 2.15
Current: 1.73

During the past years, Orient Ceratech's highest Cyclically Adjusted PS Ratio was 2.15. The lowest was 0.78. And the median was 1.07.

BOM:504879's Cyclically Adjusted PS Ratio is ranked worse than
62.41% of 1213 companies
in the Chemicals industry
Industry Median: 1.21 vs BOM:504879: 1.73

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.

Orient Ceratech's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹6.925. 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 ₹30.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orient Ceratech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Orient Ceratech'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.

Orient Ceratech Cyclically Adjusted PS Ratio Chart

Orient Ceratech 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 - 0.76 1.07 0.78 1.58

Orient Ceratech 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 0.78 0.96 1.27 1.70 1.58

Competitive Comparison of Orient Ceratech's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Orient Ceratech'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.


Orient Ceratech's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Orient Ceratech 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.

Orient Ceratech's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=54.08/30.23
=1.79

* 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.

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

For example, Orient Ceratech'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)
=6.925/153.0345*153.0345
=6.925

Current CPI (Mar. 2024) = 153.0345.

Orient Ceratech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.614 94.103 5.877
201409 4.377 96.780 6.921
201412 3.730 96.780 5.898
201503 3.570 97.163 5.623
201506 4.531 99.841 6.945
201509 5.460 101.753 8.212
201512 8.035 102.901 11.950
201603 6.011 102.518 8.973
201606 4.797 105.961 6.928
201609 3.987 105.961 5.758
201612 4.112 105.196 5.982
201703 5.284 105.196 7.687
201706 6.403 107.109 9.148
201709 6.115 109.021 8.584
201712 7.559 109.404 10.574
201803 6.960 109.786 9.702
201806 7.331 111.317 10.078
201809 4.480 115.142 5.954
201812 7.044 115.142 9.362
201903 6.459 118.202 8.362
201906 7.222 120.880 9.143
201909 6.773 123.175 8.415
201912 7.162 126.235 8.682
202003 7.620 124.705 9.351
202006 5.136 127.000 6.189
202009 5.525 130.118 6.498
202012 7.416 130.889 8.671
202103 7.170 131.771 8.327
202106 6.292 134.084 7.181
202109 6.078 135.847 6.847
202112 4.026 138.161 4.459
202203 6.243 138.822 6.882
202206 7.708 142.347 8.287
202209 5.750 144.661 6.083
202212 4.629 145.763 4.860
202303 7.215 146.865 7.518
202306 6.031 150.280 6.142
202309 6.952 151.492 7.023
202312 6.287 152.924 6.292
202403 6.925 153.035 6.925

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.


Orient Ceratech  (BOM:504879) 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.


Orient Ceratech Cyclically Adjusted PS Ratio Related Terms

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


Orient Ceratech (BOM:504879) Business Description

Traded in Other Exchanges
Address
D.N. Road, Jeevan Udyog Building, 2nd Floor, 278, Fort, Mumbai, MH, IND, 400 001
Orient Ceratech Ltd is an Indian-based company. It has two reportable segments: Alumina Refactories, Monolithics products, and bauxite ores, which are the key revenue driver; and Power generation. Alumina Refractories and Monolithics products manufacture calcined bauxite, fused aluminum oxide abrasive grains, and low cement castables which are mainly consumed in steel plants. The company also has a thermal power plant, furnace oil-based power plant, and windmills. The power generated from the thermal power plant and furnace oil-based power plant is captively consumed at the plant and power generated from windmills is sold to the respective state power distribution companies.

Orient Ceratech (BOM:504879) Headlines

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