/term/cyclically-adjusted-ps-ratio/BOM:514428 Hindustan Adhesives (BOM:514428) Cyclically Adjusted PS Rat
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Hindustan Adhesives (BOM:514428) Cyclically Adjusted PS Ratio : 0.87 (As of Jun. 20, 2024)


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What is Hindustan Adhesives Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Hindustan Adhesives's current share price is ₹378.35. Hindustan Adhesives's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹436.13. Hindustan Adhesives's Cyclically Adjusted PS Ratio for today is 0.87.

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

BOM:514428' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.86   Max: 1.89
Current: 0.87

During the past years, Hindustan Adhesives's highest Cyclically Adjusted PS Ratio was 1.89. The lowest was 0.41. And the median was 0.86.

BOM:514428's Cyclically Adjusted PS Ratio is ranked better than
61.29% of 1214 companies
in the Chemicals industry
Industry Median: 1.21 vs BOM:514428: 0.87

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.

Hindustan Adhesives's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹139.809. 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 ₹436.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hindustan Adhesives Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hindustan Adhesives'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.

Hindustan Adhesives Cyclically Adjusted PS Ratio Chart

Hindustan Adhesives 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 - 0.46 1.62 0.51 0.84

Hindustan Adhesives 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 0.51 0.47 0.65 0.77 0.84

Competitive Comparison of Hindustan Adhesives's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Hindustan Adhesives'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.


Hindustan Adhesives's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Hindustan Adhesives 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.

Hindustan Adhesives's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=378.35/436.13
=0.87

* 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.

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

For example, Hindustan Adhesives'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)
=139.809/153.0345*153.0345
=139.809

Current CPI (Mar. 2024) = 153.0345.

Hindustan Adhesives Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 39.022 91.425 65.318
201403 39.781 91.425 66.589
201406 37.198 94.103 60.493
201409 42.338 96.780 66.947
201412 35.713 96.780 56.471
201503 33.945 97.163 53.464
201506 42.475 99.841 65.105
201509 34.468 101.753 51.839
201512 33.737 102.901 50.174
201603 36.508 102.518 54.497
201606 35.316 105.961 51.005
201703 40.600 105.196 59.063
201706 30.714 107.109 43.883
201709 36.240 109.021 50.870
201712 36.918 109.404 51.641
201803 39.490 109.786 55.046
201806 48.154 111.317 66.201
201809 69.103 115.142 91.844
201812 71.027 115.142 94.402
201903 81.656 118.202 105.719
201906 78.746 120.880 99.693
201909 79.480 123.175 98.747
201912 77.891 126.235 94.427
202003 61.870 124.705 75.925
202006 82.670 127.000 99.617
202009 84.645 130.118 99.553
202012 101.034 130.889 118.128
202103 147.448 131.771 171.242
202106 164.660 134.084 187.932
202109 201.914 135.847 227.460
202112 264.343 138.161 292.801
202203 246.212 138.822 271.419
202206 230.727 142.347 248.049
202209 143.044 144.661 151.324
202212 148.476 145.763 155.883
202303 105.464 146.865 109.895
202306 158.368 150.280 161.271
202309 158.449 151.492 160.062
202312 137.436 152.924 137.535
202403 139.809 153.035 139.809

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.


Hindustan Adhesives  (BOM:514428) 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.


Hindustan Adhesives Cyclically Adjusted PS Ratio Related Terms

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


Hindustan Adhesives (BOM:514428) Business Description

Traded in Other Exchanges
N/A
Address
B-2/8, Safdarjung Enclave, New Delhi, IND, 110029
Hindustan Adhesives Ltd is a producer and marketer of adhesive tapes. The company offers products such as acrylic packaging tapes, hot melt packaging tapes, natural rubber packaging tapes, kraft paper tapes, tamper-evident tapes, tear tapes, polyolefin shrink film, and shrink wrapping machines. Its customers include Unilever, PepsiCo, Coca-Cola, P&G, Reckitt Benckiser, Cadbury, and Nestle, among others.

Hindustan Adhesives (BOM:514428) Headlines

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