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Betex India (BOM:512477) Cyclically Adjusted PS Ratio : 0.75 (As of Dec. 13, 2024)


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What is Betex India Cyclically Adjusted PS Ratio?

As of today (2024-12-13), Betex India's current share price is ₹385.45. Betex India's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ₹516.18. Betex India's Cyclically Adjusted PS Ratio for today is 0.75.

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

BOM:512477' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.2   Max: 0.85
Current: 0.7

During the past years, Betex India's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.04. And the median was 0.20.

BOM:512477's Cyclically Adjusted PS Ratio is ranked better than
54.03% of 781 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.79 vs BOM:512477: 0.70

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.

Betex India's adjusted revenue per share data for the three months ended in Sep. 2024 was ₹189.687. 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 ₹516.18 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Betex India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Betex 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.

Betex India Cyclically Adjusted PS Ratio Chart

Betex India 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 - 0.11 0.18 0.14 0.55

Betex India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.30 0.50 0.55 0.42 0.78

Competitive Comparison of Betex India's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Betex 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.


Betex India's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Betex 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.

Betex India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=385.45/516.18
=0.75

* 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.

Betex India's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Betex India's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=189.687/157.8822*157.8822
=189.687

Current CPI (Sep. 2024) = 157.8822.

Betex India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 80.938 96.780 132.038
201503 79.716 97.163 129.532
201506 90.987 99.841 143.882
201509 86.461 101.753 134.154
201512 92.427 102.901 141.812
201603 106.134 102.518 163.451
201606 80.762 105.961 120.336
201609 102.886 105.961 153.300
201612 86.280 105.196 129.492
201703 116.224 105.196 174.433
201706 90.809 107.109 133.856
201709 66.365 109.021 96.108
201712 87.372 109.404 126.088
201803 96.626 109.786 138.956
201806 75.598 111.317 107.222
201809 79.306 115.142 108.744
201812 66.173 115.142 90.736
201903 88.393 118.202 118.066
201906 86.684 120.880 113.219
201909 89.294 123.175 114.455
201912 92.668 126.235 115.900
202003 110.077 124.705 139.362
202006 6.374 127.000 7.924
202009 61.869 130.118 75.070
202012 126.699 130.889 152.828
202103 129.371 131.771 155.007
202106 61.503 134.084 72.419
202109 109.919 135.847 127.749
202112 109.869 138.161 125.552
202203 100.857 138.822 114.705
202206 112.488 142.347 124.764
202209 130.523 144.661 142.452
202212 111.446 145.763 120.712
202303 143.013 146.865 153.742
202306 135.680 150.280 142.544
202309 158.520 151.492 165.207
202312 158.869 152.924 164.020
202403 143.147 153.035 147.681
202406 152.568 155.789 154.618
202409 189.687 157.882 189.687

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.


Betex India  (BOM:512477) 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.


Betex India Cyclically Adjusted PS Ratio Related Terms

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


Betex India Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, 504, 5th Floor, Trividh Chambers, Opposite Fire Station, Surat, GJ, IND, 395002
Betex India Ltd is engaged processing of Art Silk Cloth on a job work basis. It is mainly engaged in job processing work on grey fabrics through its dying and printing units. It has three processing units named Betex, Sumeet Silk Mills-1, and Sumeet Silk Mills-2.

Betex India Headlines

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