GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bimetal Bearings Ltd (BOM:505681) » Definitions » Cyclically Adjusted PS Ratio

Bimetal Bearings (BOM:505681) Cyclically Adjusted PS Ratio : 1.05 (As of Jun. 16, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Bimetal Bearings Cyclically Adjusted PS Ratio?

As of today (2024-06-16), Bimetal Bearings's current share price is ₹631.35. Bimetal Bearings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹602.14. Bimetal Bearings's Cyclically Adjusted PS Ratio for today is 1.05.

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

BOM:505681' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.81   Max: 1.15
Current: 1.05

During the past years, Bimetal Bearings's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.56. And the median was 0.81.

BOM:505681's Cyclically Adjusted PS Ratio is ranked worse than
61.79% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs BOM:505681: 1.05

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.

Bimetal Bearings's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹158.844. 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 ₹602.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bimetal Bearings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bimetal Bearings'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.

Bimetal Bearings Cyclically Adjusted PS Ratio Chart

Bimetal Bearings 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 - - - 0.65 0.94

Bimetal Bearings 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 0.65 0.78 1.07 1.00 0.94

Competitive Comparison of Bimetal Bearings's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Bimetal Bearings'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.


Bimetal Bearings's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bimetal Bearings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Bimetal Bearings 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.

Bimetal Bearings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=631.35/602.14
=1.05

* 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.

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

For example, Bimetal Bearings'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)
=158.844/153.0345*153.0345
=158.844

Current CPI (Mar. 2024) = 153.0345.

Bimetal Bearings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 96.912 83.774 177.034
201303 109.275 85.687 195.162
201306 92.616 88.365 160.397
201309 96.569 91.042 162.324
201312 85.994 91.425 143.944
201403 102.408 91.425 171.419
201406 93.006 94.103 151.251
201409 117.063 96.780 185.106
201412 101.337 96.780 160.240
201503 118.600 97.163 186.799
201506 95.984 99.841 147.123
201509 94.164 101.753 141.620
201512 85.222 102.901 126.742
201603 95.655 102.518 142.789
201703 98.329 105.196 143.045
201803 142.993 109.786 199.322
201806 134.938 111.317 185.509
201809 141.100 115.142 187.535
201812 135.747 115.142 180.421
201903 108.266 118.202 140.170
201906 122.498 120.880 155.083
201909 93.656 123.175 116.360
201912 78.270 126.235 94.886
202003 82.769 124.705 101.572
202006 41.269 127.000 49.729
202009 97.142 130.118 114.251
202012 135.720 130.889 158.683
202103 123.853 131.771 143.839
202106 102.292 134.084 116.749
202109 130.063 135.847 146.519
202112 141.330 138.161 156.545
202203 118.955 138.822 131.134
202206 140.987 142.347 151.572
202209 161.428 144.661 170.772
202212 141.140 145.763 148.181
202303 155.906 146.865 162.456
202306 153.808 150.280 156.627
202309 154.255 151.492 155.826
202312 143.755 152.924 143.859
202403 158.844 153.035 158.844

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.


Bimetal Bearings  (BOM:505681) 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.


Bimetal Bearings Cyclically Adjusted PS Ratio Related Terms

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


Bimetal Bearings (BOM:505681) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Race Course Road, Coimbatore, TN, IND, 641018
Bimetal Bearings Ltd is engaged in manufacturing of Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. The company has manufacturing plants in Coimbatore, Hosur, Chennai (Sembiam and Thoraipakkam) in India. It has only one segment. Bimetal Bearings manufactures a range of Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. The company's traded products include thin-walled bearings and bushings (main and conrod). Its engine bearings include plated and non-plated bearings in copper and aluminum-based alloys (leaded and lead-free); connecting rod bearings; main bearings, and roll formed flange bearings.

Bimetal Bearings (BOM:505681) Headlines

No Headlines