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IVP (BOM:507580) Cyclically Adjusted PS Ratio : 0.51 (As of Jun. 20, 2024)


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What is IVP Cyclically Adjusted PS Ratio?

As of today (2024-06-20), IVP's current share price is ₹197.90. IVP's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹389.19. IVP's Cyclically Adjusted PS Ratio for today is 0.51.

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

BOM:507580' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.46   Max: 0.72
Current: 0.56

During the past years, IVP's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.17. And the median was 0.46.

BOM:507580's Cyclically Adjusted PS Ratio is ranked better than
76.01% of 1213 companies
in the Chemicals industry
Industry Median: 1.21 vs BOM:507580: 0.56

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.

IVP's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹137.730. 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 ₹389.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IVP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IVP'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.

IVP Cyclically Adjusted PS Ratio Chart

IVP 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 - 0.39 0.51 0.35 0.39

IVP 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 0.35 0.46 0.44 0.59 0.39

Competitive Comparison of IVP's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, IVP'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.


IVP's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



IVP 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=197.90/389.19
=0.51

* 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.

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

For example, IVP'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)
=137.73/153.0345*153.0345
=137.730

Current CPI (Mar. 2024) = 153.0345.

IVP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 36.098 94.103 58.704
201409 45.911 96.780 72.597
201412 39.482 96.780 62.431
201503 37.076 97.163 58.396
201506 40.275 99.841 61.733
201509 38.656 101.753 58.138
201512 34.633 102.901 51.506
201603 36.220 102.518 54.068
201606 36.858 105.961 53.232
201609 37.971 105.961 54.840
201612 37.189 105.196 54.101
201703 43.938 105.196 63.919
201706 46.814 107.109 66.887
201709 59.992 109.021 84.211
201712 69.150 109.404 96.727
201803 85.622 109.786 119.351
201806 74.630 111.317 102.599
201809 70.952 115.142 94.302
201812 93.462 115.142 124.220
201903 71.604 118.202 92.705
201906 66.099 120.880 83.682
201909 52.973 123.175 65.814
201912 47.729 126.235 57.862
202003 54.040 124.705 66.316
202006 19.845 127.000 23.913
202009 59.236 130.118 69.669
202012 87.322 130.889 102.096
202103 111.718 131.771 129.746
202106 74.629 134.084 85.176
202109 144.002 135.847 162.221
202112 152.034 138.161 168.401
202203 167.151 138.822 184.264
202206 156.610 142.347 168.368
202209 161.927 144.661 171.300
202212 151.123 145.763 158.662
202303 169.911 146.865 177.049
202306 134.886 150.280 137.358
202309 137.381 151.492 138.780
202312 118.755 152.924 118.841
202403 137.730 153.035 137.730

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.


IVP  (BOM:507580) 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.


IVP Cyclically Adjusted PS Ratio Related Terms

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


IVP (BOM:507580) Business Description

Industry
Traded in Other Exchanges
Address
Shashikant Narayan Redij Marg, Ghorupdeo, Mumbai, MH, IND, 400 033
IVP Ltd is a manufacturer and exporter of foundry chemicals, castings, and allied products. Its products include Binders, Coatings, Polyurethane, and other additives used in the foundry and non-foundry industries. The resins products of the company are for application in diverse fields such as foundry, composites, insulation, and refractory, the coatings products of the company serve the needs of the foundry industry with numerous refractory-based products while the allied products consist of miscellaneous products for use in both ferrous and non-ferrous foundries. The reportable segment of the company is the Manufacturing of Chemicals.

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