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Atlas Cycles (Haryana) (BOM:505029) Cyclically Adjusted PS Ratio : 0.03 (As of May. 21, 2024)


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What is Atlas Cycles (Haryana) Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Atlas Cycles (Haryana)'s current share price is ₹29.00. Atlas Cycles (Haryana)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹879.50. Atlas Cycles (Haryana)'s Cyclically Adjusted PS Ratio for today is 0.03.

The historical rank and industry rank for Atlas Cycles (Haryana)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:505029' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.04
Current: 0.03

During the past years, Atlas Cycles (Haryana)'s highest Cyclically Adjusted PS Ratio was 0.04. The lowest was 0.02. And the median was 0.03.

BOM:505029's Cyclically Adjusted PS Ratio is not ranked
in the Travel & Leisure industry.
Industry Median: 1.49 vs BOM:505029: 0.03

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.

Atlas Cycles (Haryana)'s adjusted revenue per share data for the three months ended in Dec. 2023 was ₹1.995. 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 ₹879.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlas Cycles (Haryana) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Atlas Cycles (Haryana)'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.

Atlas Cycles (Haryana) Cyclically Adjusted PS Ratio Chart

Atlas Cycles (Haryana) Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.02 0.03

Atlas Cycles (Haryana) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 0.03 0.03 - 0.03 0.03

Competitive Comparison of Atlas Cycles (Haryana)'s Cyclically Adjusted PS Ratio

For the Leisure subindustry, Atlas Cycles (Haryana)'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.


Atlas Cycles (Haryana)'s Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Atlas Cycles (Haryana)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Atlas Cycles (Haryana)'s Cyclically Adjusted PS Ratio falls into.



Atlas Cycles (Haryana) 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.

Atlas Cycles (Haryana)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.00/879.5
=0.03

* 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.

Atlas Cycles (Haryana)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Atlas Cycles (Haryana)'s adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.995/152.9243*152.9243
=1.995

Current CPI (Dec. 2023) = 152.9243.

Atlas Cycles (Haryana) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 249.429 85.687 445.152
201306 201.031 88.365 347.905
201309 262.908 91.042 441.608
201312 244.484 91.425 408.943
201403 292.633 91.425 489.480
201406 230.172 94.103 374.048
201409 253.404 96.780 400.408
201412 240.308 96.780 379.715
201503 193.701 97.163 304.865
201506 198.955 99.841 304.736
201509 271.732 101.753 408.384
201512 209.034 102.901 310.652
201603 198.310 102.518 295.815
201606 259.441 105.961 374.428
201609 291.477 105.961 420.663
201612 226.415 105.196 329.141
201703 269.743 105.196 392.128
201706 276.380 107.109 394.601
201803 323.411 109.786 450.487
201806 220.642 111.317 303.113
201812 207.575 115.142 275.688
201903 152.007 118.202 196.659
201906 111.409 120.880 140.943
201909 39.316 123.175 48.812
201912 0.086 126.235 0.104
202003 238.449 124.705 292.407
202006 2.419 127.000 2.913
202009 10.441 130.118 12.271
202012 6.611 130.889 7.724
202103 7.007 131.771 8.132
202106 1.136 134.084 1.296
202109 2.400 135.847 2.702
202112 0.294 138.161 0.325
202203 1.365 138.822 1.504
202206 1.383 142.347 1.486
202209 1.007 144.661 1.065
202212 0.272 145.763 0.285
202306 0.000 150.280 0.000
202309 2.510 151.492 2.534
202312 1.995 152.924 1.995

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.


Atlas Cycles (Haryana)  (BOM:505029) 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.


Atlas Cycles (Haryana) Cyclically Adjusted PS Ratio Related Terms

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Atlas Cycles (Haryana) (BOM:505029) Business Description

Traded in Other Exchanges
N/A
Address
Atlas Road, Industrial Area, Sonepat, HR, IND, 131001
Atlas Cycles (Haryana) Ltd is an Indian cycling company. The firm is engaged in the manufacturing of bicycles and their components and steel tubes. The company offers a range of bicycles, such as mountain bikes, all-terrain bikes, roadsters, and children's bikes. It earns key revenue from domestic sales and also exports products overseas.

Atlas Cycles (Haryana) (BOM:505029) Headlines

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