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Modison (BOM:506261) Cyclically Adjusted PS Ratio : 1.30 (As of Jun. 19, 2024)


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What is Modison Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Modison's current share price is ₹123.70. Modison's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹95.46. Modison's Cyclically Adjusted PS Ratio for today is 1.30.

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

BOM:506261' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.76   Max: 1.51
Current: 1.34

During the past 13 years, Modison's highest Cyclically Adjusted PS Ratio was 1.51. The lowest was 0.37. And the median was 0.76.

BOM:506261's Cyclically Adjusted PS Ratio is ranked better than
51.96% of 2198 companies
in the Industrial Products industry
Industry Median: 1.4 vs BOM:506261: 1.34

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.

Modison's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹124.611. 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 ₹95.46 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Modison Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Modison'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.

Modison Cyclically Adjusted PS Ratio Chart

Modison 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 0.46 0.61 0.81 0.60 1.23

Modison 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 0.60 - - - 1.23

Competitive Comparison of Modison's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Modison'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.


Modison's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Modison's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Modison 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.

Modison's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=123.70/95.46
=1.30

* 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.

Modison's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Modison's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=124.611/153.0345*153.0345
=124.611

Current CPI (Mar24) = 153.0345.

Modison Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 52.848 97.163 83.237
201603 51.828 102.518 77.366
201703 58.771 105.196 85.497
201803 61.994 109.786 86.415
201903 67.884 118.202 87.888
202003 67.569 124.705 82.919
202103 89.732 131.771 104.212
202203 104.440 138.822 115.133
202303 103.016 146.865 107.344
202403 124.611 153.035 124.611

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.


Modison  (BOM:506261) 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.


Modison Cyclically Adjusted PS Ratio Related Terms

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


Modison (BOM:506261) Business Description

Traded in Other Exchanges
Address
33 Nariman Bhavan, 227 Nariman Point, Mumbai, MH, IND, 400021
Modison Ltd is an India-based holding company engaged in the manufacturing of silver nitrate, silver sulphate, and silver oxide. These are high-grade precious metal compounds with diverse applications in industries such as silver plating, pharmaceutical catalysts, mirror manufacture, inedible inks, explosives, fine chemicals, performance chemicals, and silver oxide batteries. The company operates in the manufacturing of electrical contacts segment. The majority of its revenue is earned through the Indian market, and it also has a presence in various other countries.

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