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Spectra Industries (BOM:513687) Cyclically Adjusted PS Ratio : (As of May. 16, 2024)


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What is Spectra Industries Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Spectra Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Spectra 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.

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Spectra Industries Cyclically Adjusted PS Ratio Chart

Spectra Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
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Spectra Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Spectra Industries's Cyclically Adjusted PS Ratio

For the Auto & Truck Dealerships subindustry, Spectra 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.


Spectra Industries's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Spectra Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Spectra 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.

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

For example, Spectra Industries'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)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Spectra Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 24.927 91.425 41.695
201406 25.462 94.103 41.378
201409 32.761 96.780 51.766
201412 40.877 96.780 64.590
201503 54.793 97.163 86.238
201506 27.317 99.841 41.841
201509 37.869 101.753 56.913
201512 38.835 102.901 57.714
201603 66.653 102.518 99.425
201606 39.120 105.961 56.458
201609 31.056 105.961 44.820
201612 38.015 105.196 55.263
201703 74.187 105.196 107.846
201706 25.734 107.109 36.742
201709 56.004 109.021 78.557
201712 18.331 109.404 25.623
201803 20.743 109.786 28.893
201806 1.073 111.317 1.474
201809 0.455 115.142 0.604
201812 0.081 115.142 0.108
201903 0.019 118.202 0.025
201906 0.004 120.880 0.005
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 0.000 124.705 0.000
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 0.000 131.771 0.000
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.000 138.822 0.000
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

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.


Spectra Industries  (BOM:513687) 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.


Spectra Industries Cyclically Adjusted PS Ratio Related Terms

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Spectra Industries (BOM:513687) Business Description

Traded in Other Exchanges
N/A
Address
Spectra Compound, Ramchandra Lane Extension, Plot No. 9, Kanchpada II, Malad (West), Mumbai, MH, IND, 400064
Spectra Industries Ltd is engaged in the Automobile Dealership Business of Light Commercial Vehicles (LCV) and Heavy Commercial Vehicles (HCV) manufactured by Mahindra & Mahindra Ltd.

Spectra Industries (BOM:513687) Headlines

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