GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Triton Valves Ltd (BOM:505978) » Definitions » Cyclically Adjusted PS Ratio

Triton Valves (BOM:505978) Cyclically Adjusted PS Ratio : 1.12 (As of Jun. 23, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Triton Valves Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Triton Valves's current share price is ₹3232.85. Triton Valves's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹2,879.87. Triton Valves's Cyclically Adjusted PS Ratio for today is 1.12.

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

BOM:505978' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.57   Max: 1.14
Current: 1.12

During the past years, Triton Valves's highest Cyclically Adjusted PS Ratio was 1.14. The lowest was 0.31. And the median was 0.57.

BOM:505978's Cyclically Adjusted PS Ratio is ranked worse than
63.28% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.65 vs BOM:505978: 1.12

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.

Triton Valves's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹990.023. 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 ₹2,879.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Triton Valves Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Triton Valves'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.

Triton Valves Cyclically Adjusted PS Ratio Chart

Triton Valves 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 - 0.42 0.48 0.55 0.97

Triton Valves 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 0.55 0.51 0.57 0.52 0.97

Competitive Comparison of Triton Valves's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Triton Valves'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.


Triton Valves's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Triton Valves 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.

Triton Valves's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3232.85/2879.87
=1.12

* 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.

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

For example, Triton Valves'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)
=990.023/153.0345*153.0345
=990.023

Current CPI (Mar. 2024) = 153.0345.

Triton Valves Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 420.980 94.103 684.619
201409 450.474 96.780 712.314
201412 441.995 96.780 698.907
201503 398.692 97.163 627.952
201506 427.618 99.841 655.448
201509 431.237 101.753 648.570
201512 402.834 102.901 599.096
201603 409.393 102.518 611.123
201606 487.688 105.961 704.344
201609 447.279 105.961 645.983
201612 468.379 105.196 681.377
201703 449.970 105.196 654.597
201706 477.817 107.109 682.694
201709 594.153 109.021 834.019
201712 603.730 109.404 844.499
201803 554.500 109.786 772.934
201806 615.102 111.317 845.623
201809 603.486 115.142 802.090
201812 638.301 115.142 848.363
201903 115.438 118.202 149.456
201906 534.260 120.880 676.376
201909 543.587 123.175 675.361
201912 559.877 126.235 678.736
202003 112.118 124.705 137.588
202006 291.116 127.000 350.793
202009 591.725 130.118 695.941
202012 613.817 130.889 717.670
202103 251.493 131.771 292.077
202106 627.948 134.084 716.697
202109 819.022 135.847 922.645
202112 846.188 138.161 937.285
202203 439.980 138.822 485.026
202206 868.160 142.347 933.339
202209 829.003 144.661 876.988
202212 859.254 145.763 902.120
202303 929.069 146.865 968.100
202306 1,021.566 150.280 1,040.290
202309 983.215 151.492 993.226
202312 1,103.664 152.924 1,104.459
202403 990.023 153.035 990.023

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.


Triton Valves  (BOM:505978) 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.


Triton Valves Cyclically Adjusted PS Ratio Related Terms

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


Triton Valves (BOM:505978) Business Description

Traded in Other Exchanges
N/A
Address
22, Ulsoor Road, Sunrise Chambers, Bengaluru, KA, IND, 560 042
Triton Valves Ltd is engaged in the business of manufacturing valves. It serves tyre and tube valves; automotive air conditioning; tyre pressure monitoring; industrial and home air conditioning; electric vehicles; aerospace and defence and mining and construction industries. The company's only operating segment is Automobile tyres and tube valves, cores and accessories. Geographically, it derives a majority of its revenue from India.

Triton Valves (BOM:505978) Headlines

No Headlines