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Vallabh Steels (BOM:513397) Cyclically Adjusted PS Ratio : (As of Sep. 21, 2024)


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What is Vallabh Steels Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vallabh Steels Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vallabh Steels'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.

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Vallabh Steels Cyclically Adjusted PS Ratio Chart

Vallabh Steels 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 - 0.03 0.02 - -

Vallabh Steels Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Vallabh Steels's Cyclically Adjusted PS Ratio

For the Steel subindustry, Vallabh Steels'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.


Vallabh Steels's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Vallabh Steels 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.

Vallabh Steels's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Vallabh Steels's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0/155.7889*155.7889
=0.000

Current CPI (Jun. 2024) = 155.7889.

Vallabh Steels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 61.468 96.780 98.946
201412 93.250 96.780 150.106
201503 67.179 97.163 107.713
201506 66.693 99.841 104.066
201509 80.722 101.753 123.589
201512 66.323 102.901 100.411
201603 50.649 102.518 76.967
201606 64.224 105.961 94.425
201609 61.107 105.961 89.842
201612 50.597 105.196 74.931
201703 71.239 105.196 105.501
201706 73.583 107.109 107.026
201709 74.522 109.021 106.490
201712 75.052 109.404 106.873
201803 55.863 109.786 79.271
201806 79.437 111.317 111.173
201809 57.654 115.142 78.007
201812 53.895 115.142 72.921
201903 46.789 118.202 61.667
201906 45.174 120.880 58.220
201909 22.670 123.175 28.672
201912 8.665 126.235 10.694
202003 5.036 124.705 6.291
202006 0.183 127.000 0.224
202009 7.433 130.118 8.899
202012 3.133 130.889 3.729
202103 0.094 131.771 0.111
202106 1.097 134.084 1.275
202109 0.417 135.847 0.478
202112 0.368 138.161 0.415
202203 -0.507 138.822 -0.569
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000
202403 0.000 153.035 0.000
202406 0.000 155.789 0.000

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.


Vallabh Steels  (BOM:513397) 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.


Vallabh Steels Cyclically Adjusted PS Ratio Related Terms

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Vallabh Steels Business Description

Traded in Other Exchanges
N/A
Address
G.T. Road, Village Pawa, Sahnewal, Ludhiana, PB, IND, 141120
Vallabh Steels Ltd is an Indian firm operating in a single segment of the iron and steel industry engaged in the manufacturing and marketing of galvanized steel pipes and cold rolled steel strips and coils. The firm manufactures mild steel electric resistance weld black and galvanized pipes suitable for various industrial and household applications. It also produces precision tubes made of cold-rolled close annealed, to meet the needs of the automobile industry and the general engineering industry.

Vallabh Steels Headlines

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