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Visaka Industries (BOM:509055) Cyclically Adjusted PS Ratio : 0.56 (As of Jun. 09, 2024)


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What is Visaka Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Visaka Industries's current share price is ₹105.40. Visaka Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹186.71. Visaka Industries's Cyclically Adjusted PS Ratio for today is 0.56.

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

BOM:509055' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.55   Max: 0.94
Current: 0.56

During the past years, Visaka Industries's highest Cyclically Adjusted PS Ratio was 0.94. The lowest was 0.38. And the median was 0.55.

BOM:509055's Cyclically Adjusted PS Ratio is ranked better than
56.26% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs BOM:509055: 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.

Visaka Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹68.995. 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 ₹186.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Visaka Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Visaka Industries'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.

Visaka Industries Cyclically Adjusted PS Ratio Chart

Visaka Industries 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 - - 0.69 0.38 0.57

Visaka Industries 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 0.38 0.50 0.50 0.47 0.57

Competitive Comparison of Visaka Industries's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Visaka Industries'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.


Visaka Industries's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Visaka Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Visaka Industries 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.

Visaka Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=105.40/186.71
=0.56

* 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.

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

For example, Visaka Industries'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)
=68.995/153.0345*153.0345
=68.995

Current CPI (Mar. 2024) = 153.0345.

Visaka Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 39.314 94.103 63.934
201409 26.440 96.780 41.808
201412 27.084 96.780 42.827
201503 35.898 97.163 56.540
201506 40.464 99.841 62.023
201509 24.127 101.753 36.286
201512 27.190 102.901 40.437
201603 34.708 102.518 51.810
201606 42.825 105.961 61.850
201609 27.271 105.961 39.386
201612 27.537 105.196 40.060
201703 32.020 105.196 46.581
201706 38.953 107.109 55.655
201709 25.334 109.021 35.562
201712 30.454 109.404 42.599
201803 32.706 109.786 45.590
201806 43.527 111.317 59.840
201809 31.627 115.142 42.035
201812 30.208 115.142 40.149
201903 36.512 118.202 47.272
201906 44.432 120.880 56.251
201909 28.765 123.175 35.738
201912 30.390 126.235 36.842
202003 28.201 124.705 34.607
202006 35.913 127.000 43.275
202009 27.938 130.118 32.858
202012 34.004 130.889 39.757
202103 41.666 131.771 48.390
202106 41.152 134.084 46.968
202109 34.366 135.847 38.714
202112 41.741 138.161 46.235
202203 46.854 138.822 51.651
202206 55.533 142.347 59.702
202209 42.033 144.661 44.466
202212 41.493 145.763 43.563
202303 52.307 146.865 54.504
202306 51.760 150.280 52.709
202309 39.427 151.492 39.828
202312 39.806 152.924 39.835
202403 68.995 153.035 68.995

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.


Visaka Industries  (BOM:509055) 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.


Visaka Industries Cyclically Adjusted PS Ratio Related Terms

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


Visaka Industries (BOM:509055) Business Description

Traded in Other Exchanges
Address
S.P. Road, Visaka Towers, 1-8-303/69/3, Secunderabad, TG, IND, 500 003
Visaka Industries Ltd is a manufacturer of Roofing sheets and Cement sheets. It also manufactures Fiber sheets, Industrial sheets, Fiber cement corrugated sheets, Fiber cement sheets, and Roofing sheets. The company's activities are organized into two operating segments namely, Building Products and Textile Synthetic Yarn. The Building Products division produces asbestos sheets, accessories used mostly as a roofing material, and non-asbestos flat sheets and sandwich panels used as interiors. Its Synthetic Yarn division manufactures yarn out of blends of polyester, viscose, and other materials which go into the weaving of the fabric. It generates maximum revenue from the Building Products segment. Geographically, it derives a majority of its revenue from India.

Visaka Industries (BOM:509055) Headlines

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