Stewarts & Lloyds Of India (BOM:504960) Cyclically Adjusted PS Ratio: (As of Sep. 05, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Stewarts & Lloyds Of India Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Stewarts & Lloyds Of India  (BOM:504960) 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.


Stewarts & Lloyds Of India Cyclically Adjusted PS Ratio Related Terms


Stewarts & Lloyds Of India Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Stewarts & Lloyds Of India'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.

Stewarts & Lloyds Of India Cyclically Adjusted PS Ratio Chart

Stewarts & Lloyds Of India Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Cyclically Adjusted PS Ratio
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Stewarts & Lloyds Of India Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Stewarts & Lloyds Of India Cyclically Adjusted PS Ratio Competitor Comparison

For the Engineering & Construction subindustry, Stewarts & Lloyds Of India'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.


Stewarts & Lloyds Of India Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Stewarts & Lloyds Of India's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Stewarts & Lloyds Of India's Cyclically Adjusted PS Ratio falls into.



Stewarts & Lloyds Of India 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.

Stewarts & Lloyds Of India's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar17 is calculated as:

For example, Stewarts & Lloyds Of India's adjusted Revenue per Share data for the fiscal year that ended in Mar17 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar17 (Change)*Current CPI (Mar17)
=18.648/105.1960*105.1960
=18.648

Current CPI (Mar17) = 105.1960.

Stewarts & Lloyds Of India Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200803 369.920 52.407 742.539
200903 317.912 56.615 590.715
201003 205.049 65.030 331.697
201103 69.229 70.768 102.908
201203 86.043 76.889 117.721
201303 122.744 85.687 150.690
201403 98.277 91.425 113.080
201503 43.496 97.163 47.092
201603 14.452 102.518 14.829
201703 18.648 105.196 18.648

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.


Stewarts & Lloyds Of India Business Description

Address 41, Chowringhee Road, Kanak Building, 1st Floor, Kolkata, WB, IND, 700071
Stewarts & Lloyds Of India Ltd erects and installs piping systems. It is engaged in project management and construction in project sites and fabrication of equipment at its fabrication units. The company has also diversified to a multi-discipline construction company for Fluid handling and Allied systems serving a host of core industries. It provides services to Metal, Power, Oil and Natural Gas and Fertilizers.