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Bhagwati Oxygen (BOM:509449) Cyclically Adjusted PS Ratio : 1.37 (As of May. 19, 2024)


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What is Bhagwati Oxygen Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Bhagwati Oxygen's current share price is ₹49.48. Bhagwati Oxygen's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹36.24. Bhagwati Oxygen's Cyclically Adjusted PS Ratio for today is 1.37.

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

BOM:509449' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.9   Max: 1.8
Current: 1.37

During the past years, Bhagwati Oxygen's highest Cyclically Adjusted PS Ratio was 1.80. The lowest was 0.22. And the median was 0.90.

BOM:509449's Cyclically Adjusted PS Ratio is ranked worse than
50.04% of 1203 companies
in the Chemicals industry
Industry Median: 1.25 vs BOM:509449: 1.37

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.

Bhagwati Oxygen's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.115. 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 ₹36.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bhagwati Oxygen Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bhagwati Oxygen'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.

Bhagwati Oxygen Cyclically Adjusted PS Ratio Chart

Bhagwati Oxygen Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.24 1.15 1.05

Bhagwati Oxygen Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.25 1.05 0.90 1.00 1.63

Competitive Comparison of Bhagwati Oxygen's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Bhagwati Oxygen'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.


Bhagwati Oxygen's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Bhagwati Oxygen 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.

Bhagwati Oxygen's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.48/36.24
=1.37

* 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.

Bhagwati Oxygen's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bhagwati Oxygen'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)
=0.115/152.9243*152.9243
=0.115

Current CPI (Dec. 2023) = 152.9243.

Bhagwati Oxygen Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 17.411 91.425 29.123
201406 11.699 94.103 19.012
201409 12.907 96.780 20.395
201412 14.278 96.780 22.561
201503 11.437 97.163 18.001
201506 10.504 99.841 16.089
201509 10.173 101.753 15.289
201512 13.912 102.901 20.675
201603 9.451 102.518 14.098
201606 10.139 105.961 14.633
201609 9.562 105.961 13.800
201612 12.386 105.196 18.006
201703 11.297 105.196 16.423
201706 9.052 107.109 12.924
201709 8.485 109.021 11.902
201712 9.379 109.404 13.110
201803 9.643 109.786 13.432
201806 4.582 111.317 6.295
201809 13.726 115.142 18.230
201812 9.945 115.142 13.208
201903 4.905 118.202 6.346
201906 6.236 120.880 7.889
201909 2.762 123.175 3.429
201912 3.796 126.235 4.599
202003 0.115 124.705 0.141
202006 0.531 127.000 0.639
202009 0.868 130.118 1.020
202012 0.279 130.889 0.326
202103 0.034 131.771 0.039
202106 0.626 134.084 0.714
202109 2.794 135.847 3.145
202112 0.636 138.161 0.704
202203 0.571 138.822 0.629
202206 0.805 142.347 0.865
202209 1.242 144.661 1.313
202212 0.581 145.763 0.610
202303 0.328 146.865 0.342
202306 1.342 150.280 1.366
202309 1.002 151.492 1.011
202312 0.115 152.924 0.115

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.


Bhagwati Oxygen  (BOM:509449) 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.


Bhagwati Oxygen Cyclically Adjusted PS Ratio Related Terms

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


Bhagwati Oxygen (BOM:509449) Business Description

Traded in Other Exchanges
N/A
Address
Plot Number 5, Sector 25, Ballabgarh, HR, IND, 121004
Bhagwati Oxygen Ltd manufactures and supplies oxygen gas in India. The company is involved in the manufacturing of industrial gases including oxygen, nitrogen, argon, carbon dioxide, dissolved acetylene, hydrogen, helium, and compressed air. It operates through two segments; Gases and Power. The firm generates a majority of its revenue from the Gases segment.

Bhagwati Oxygen (BOM:509449) Headlines

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