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Premier Synthetics (BOM:509835) Cyclically Adjusted PS Ratio : 0.15 (As of Jun. 04, 2024)


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What is Premier Synthetics Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Premier Synthetics's current share price is ₹14.65. Premier Synthetics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹99.68. Premier Synthetics's Cyclically Adjusted PS Ratio for today is 0.15.

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

BOM:509835' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.27   Max: 0.45
Current: 0.15

During the past years, Premier Synthetics's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.12. And the median was 0.27.

BOM:509835's Cyclically Adjusted PS Ratio is ranked better than
88.23% of 858 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.645 vs BOM:509835: 0.15

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.

Premier Synthetics's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹18.646. 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 ₹99.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Premier Synthetics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Premier Synthetics'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.

Premier Synthetics Cyclically Adjusted PS Ratio Chart

Premier Synthetics 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 - - 0.26 0.17 0.13

Premier Synthetics 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 0.17 0.16 0.15 0.27 0.13

Competitive Comparison of Premier Synthetics's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Premier Synthetics'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.


Premier Synthetics's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Premier Synthetics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Premier Synthetics 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.

Premier Synthetics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.65/99.68
=0.15

* 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.

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

For example, Premier Synthetics'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)
=18.646/153.0345*153.0345
=18.646

Current CPI (Mar. 2024) = 153.0345.

Premier Synthetics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.791 94.103 24.054
201409 9.507 96.780 15.033
201412 10.684 96.780 16.894
201503 9.077 97.163 14.297
201506 9.619 99.841 14.744
201509 9.023 101.753 13.570
201512 8.616 102.901 12.814
201603 11.519 102.518 17.195
201606 8.057 105.961 11.636
201609 7.759 105.961 11.206
201612 7.044 105.196 10.247
201703 3.633 105.196 5.285
201706 24.169 107.109 34.532
201709 25.152 109.021 35.306
201712 27.423 109.404 38.359
201803 26.773 109.786 37.320
201806 27.628 111.317 37.982
201809 21.013 115.142 27.928
201812 21.719 115.142 28.867
201903 30.396 118.202 39.353
201906 25.231 120.880 31.943
201909 23.524 123.175 29.227
201912 22.699 126.235 27.518
202003 22.487 124.705 27.595
202006 0.802 127.000 0.966
202009 11.777 130.118 13.851
202012 18.282 130.889 21.375
202103 20.879 131.771 24.248
202106 27.911 134.084 31.856
202109 25.770 135.847 29.030
202112 32.207 138.161 35.674
202203 41.523 138.822 45.774
202206 38.614 142.347 41.513
202209 21.539 144.661 22.786
202212 26.572 145.763 27.898
202303 22.086 146.865 23.014
202306 34.406 150.280 35.037
202309 41.689 151.492 42.113
202312 20.056 152.924 20.070
202403 18.646 153.035 18.646

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.


Premier Synthetics  (BOM:509835) 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.


Premier Synthetics Cyclically Adjusted PS Ratio Related Terms

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


Premier Synthetics (BOM:509835) Business Description

Traded in Other Exchanges
N/A
Address
Swastik X Road, Navrangpura, Surana House, Behind Klassic Chambers, Opposite Narnarayan Complex, Ahmedabad, GJ, IND, 380009
Premier Synthetics Ltd is an India-based company engaged in the business of manufacturing Cotton Yarn. It is used in the denim and towel industries.

Premier Synthetics (BOM:509835) Headlines

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