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Jaysynth Dyestuff (India) (BOM:506910) Cyclically Adjusted PS Ratio : 0.79 (As of May. 25, 2024)


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What is Jaysynth Dyestuff (India) Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Jaysynth Dyestuff (India)'s current share price is ₹159.90. Jaysynth Dyestuff (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹202.68. Jaysynth Dyestuff (India)'s Cyclically Adjusted PS Ratio for today is 0.79.

The historical rank and industry rank for Jaysynth Dyestuff (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:506910' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.41   Max: 0.79
Current: 0.79

During the past years, Jaysynth Dyestuff (India)'s highest Cyclically Adjusted PS Ratio was 0.79. The lowest was 0.26. And the median was 0.41.

BOM:506910's Cyclically Adjusted PS Ratio is ranked better than
65.37% of 1210 companies
in the Chemicals industry
Industry Median: 1.23 vs BOM:506910: 0.79

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.

Jaysynth Dyestuff (India)'s adjusted revenue per share data for the three months ended in Dec. 2023 was ₹45.440. 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 ₹202.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jaysynth Dyestuff (India) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jaysynth Dyestuff (India)'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.

Jaysynth Dyestuff (India) Cyclically Adjusted PS Ratio Chart

Jaysynth Dyestuff (India) 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 - - - - 0.42

Jaysynth Dyestuff (India) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 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 0.33 0.44 0.37 0.32 0.60

Competitive Comparison of Jaysynth Dyestuff (India)'s Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Jaysynth Dyestuff (India)'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.


Jaysynth Dyestuff (India)'s Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jaysynth Dyestuff (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jaysynth Dyestuff (India)'s Cyclically Adjusted PS Ratio falls into.



Jaysynth Dyestuff (India) 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.

Jaysynth Dyestuff (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=159.90/202.68
=0.79

* 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.

Jaysynth Dyestuff (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Jaysynth Dyestuff (India)'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)
=45.44/152.9243*152.9243
=45.440

Current CPI (Dec. 2023) = 152.9243.

Jaysynth Dyestuff (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 33.395 79.567 64.184
201209 36.087 82.244 67.100
201212 31.473 83.774 57.452
201303 39.972 85.687 71.337
201306 33.015 88.365 57.136
201309 40.380 91.042 67.826
201312 31.513 91.425 52.711
201403 43.196 91.425 72.253
201406 41.522 94.103 67.477
201409 35.708 96.780 56.423
201412 31.529 96.780 49.819
201503 29.577 97.163 46.551
201506 33.510 99.841 51.327
201509 34.610 101.753 52.015
201512 34.360 102.901 51.063
201603 36.762 102.518 54.837
201606 35.664 105.961 51.471
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 32.509 111.317 44.660
201809 38.380 115.142 50.974
201812 34.638 115.142 46.004
201903 31.689 118.202 40.998
201906 30.875 120.880 39.060
201909 34.373 123.175 42.675
201912 31.335 126.235 37.960
202003 35.846 124.705 43.958
202006 23.993 127.000 28.891
202009 36.789 130.118 43.237
202012 41.864 130.889 48.912
202103 41.967 131.771 48.704
202106 47.101 134.084 53.719
202109 42.822 135.847 48.205
202112 49.170 138.161 54.424
202203 43.970 138.822 48.437
202206 46.283 142.347 49.722
202209 37.667 144.661 39.819
202212 36.904 145.763 38.717
202306 39.276 150.280 39.967
202312 45.440 152.924 45.440

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.


Jaysynth Dyestuff (India)  (BOM:506910) 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.


Jaysynth Dyestuff (India) Cyclically Adjusted PS Ratio Related Terms

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Jaysynth Dyestuff (India) (BOM:506910) Business Description

Traded in Other Exchanges
N/A
Address
Pandurang Budhkar Marg, 301, Sumer Kendra, Worli, Mumbai, MH, IND, 400018
Jaysynth Dyestuff (India) Ltd is an India based company engaged in the business of manufacturing dyes, pigments, and digital inks. It manufactures dyes, dyes intermediates, organic chemicals, textile auxiliaries, pigments, resins, plasticizers, and emulsions. The product range of dyes, pigments and digital inks is used in the industries such as textile, plastic, paints and coatings, printing inks, leather, and others. The company sells its products in India, and internationally, of which export sales are the key revenue driver for the company.

Jaysynth Dyestuff (India) (BOM:506910) Headlines

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