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Mysore Petro Chemicals (BOM:506734) Cyclically Adjusted PS Ratio : 4.83 (As of Sep. 21, 2024)


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What is Mysore Petro Chemicals Cyclically Adjusted PS Ratio?

As of today (2024-09-21), Mysore Petro Chemicals's current share price is ₹231.85. Mysore Petro Chemicals's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₹48.01. Mysore Petro Chemicals's Cyclically Adjusted PS Ratio for today is 4.83.

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

BOM:506734' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.52   Max: 5.13
Current: 4.9

During the past years, Mysore Petro Chemicals's highest Cyclically Adjusted PS Ratio was 5.13. The lowest was 0.53. And the median was 1.52.

BOM:506734's Cyclically Adjusted PS Ratio is ranked worse than
88.69% of 1114 companies
in the Chemicals industry
Industry Median: 1.23 vs BOM:506734: 4.90

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.

Mysore Petro Chemicals's adjusted revenue per share data for the three months ended in Jun. 2024 was ₹21.099. 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 ₹48.01 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mysore Petro Chemicals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mysore Petro Chemicals'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.

Mysore Petro Chemicals Cyclically Adjusted PS Ratio Chart

Mysore Petro Chemicals 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 - 0.88 1.31 2.21 3.71

Mysore Petro Chemicals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 3.12 3.41 3.71 3.64

Competitive Comparison of Mysore Petro Chemicals's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Mysore Petro Chemicals'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.


Mysore Petro Chemicals's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mysore Petro Chemicals's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mysore Petro Chemicals 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.

Mysore Petro Chemicals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=231.85/48.01
=4.83

* 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.

Mysore Petro Chemicals's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Mysore Petro Chemicals's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=21.099/155.7889*155.7889
=21.099

Current CPI (Jun. 2024) = 155.7889.

Mysore Petro Chemicals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 15.826 96.780 25.475
201412 9.473 96.780 15.249
201503 10.544 97.163 16.906
201506 9.531 99.841 14.872
201509 9.012 101.753 13.798
201512 8.082 102.901 12.236
201603 8.899 102.518 13.523
201606 9.208 105.961 13.538
201609 9.500 105.961 13.967
201612 16.870 105.196 24.983
201703 11.597 105.196 17.174
201706 0.000 107.109 0.000
201709 4.878 109.021 6.971
201712 2.652 109.404 3.776
201803 1.944 109.786 2.759
201806 0.919 111.317 1.286
201809 0.919 115.142 1.243
201812 5.095 115.142 6.894
201903 42.546 118.202 56.075
201906 1.747 120.880 2.252
201909 2.502 123.175 3.164
201912 7.650 126.235 9.441
202003 7.847 124.705 9.803
202006 0.272 127.000 0.334
202009 0.940 130.118 1.125
202012 12.744 130.889 15.168
202103 20.603 131.771 24.358
202106 1.961 134.084 2.278
202109 12.376 135.847 14.193
202112 9.787 138.161 11.036
202203 7.624 138.822 8.556
202206 2.200 142.347 2.408
202209 12.646 144.661 13.619
202212 3.306 145.763 3.533
202303 9.817 146.865 10.414
202306 0.000 150.280 0.000
202309 10.761 151.492 11.066
202312 8.639 152.924 8.801
202403 22.357 153.035 22.759
202406 21.099 155.789 21.099

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.


Mysore Petro Chemicals  (BOM:506734) 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.


Mysore Petro Chemicals Cyclically Adjusted PS Ratio Related Terms

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


Mysore Petro Chemicals Business Description

Traded in Other Exchanges
N/A
Address
401-404, Raheja Centre, Free Press Journal Marg, 214, Nariman Point, Mumbai, MH, IND, 400 021
Mysore Petro Chemicals Ltd is mainly engaged in the trading of petrochemical products. It is engaged in the trading of Orthoxylene (OX), Phthalic Anhydride (PA), Maleic Anhydride (MA), Benzoic Acid (BA) and other petrochemical products.

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