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Oswal Yarns (BOM:514460) Cyclically Adjusted PS Ratio : 1.93 (As of Apr. 30, 2024)


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What is Oswal Yarns Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Oswal Yarns's current share price is ₹20.92. Oswal Yarns's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹10.84. Oswal Yarns's Cyclically Adjusted PS Ratio for today is 1.93.

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

BOM:514460' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.5   Max: 1.89
Current: 1.89

During the past years, Oswal Yarns's highest Cyclically Adjusted PS Ratio was 1.89. The lowest was 0.22. And the median was 0.50.

BOM:514460's Cyclically Adjusted PS Ratio is ranked worse than
78.4% of 852 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.62 vs BOM:514460: 1.89

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.

Oswal Yarns's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹1.488. 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 ₹10.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oswal Yarns Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oswal Yarns'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.

Oswal Yarns Cyclically Adjusted PS Ratio Chart

Oswal Yarns Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.27 0.65 0.62

Oswal Yarns Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 0.52 0.65 0.62 0.53 0.52

Competitive Comparison of Oswal Yarns's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Oswal Yarns'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.


Oswal Yarns's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Oswal Yarns 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.

Oswal Yarns's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.92/10.84
=1.93

* 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.

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

For example, Oswal Yarns'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)
=1.488/153.2548*153.2548
=1.488

Current CPI (Dec. 2023) = 153.2548.

Oswal Yarns Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 3.493 91.425 5.855
201403 1.470 91.425 2.464
201406 1.993 94.103 3.246
201409 2.144 96.780 3.395
201412 1.909 96.780 3.023
201503 4.103 97.163 6.472
201506 1.269 99.841 1.948
201509 0.823 101.753 1.240
201512 3.514 102.901 5.234
201603 4.888 102.518 7.307
201606 2.106 105.961 3.046
201609 2.587 105.961 3.742
201612 2.729 105.196 3.976
201703 2.998 105.196 4.368
201706 4.390 107.109 6.281
201709 0.107 109.021 0.150
201712 0.440 109.404 0.616
201803 2.632 109.786 3.674
201806 1.141 111.317 1.571
201809 0.818 115.142 1.089
201812 0.843 115.142 1.122
201903 4.397 118.202 5.701
201906 0.609 120.880 0.772
201909 1.029 123.175 1.280
201912 2.668 126.235 3.239
202003 3.539 124.705 4.349
202006 1.386 127.000 1.673
202009 2.805 130.118 3.304
202012 3.118 130.889 3.651
202103 1.871 131.771 2.176
202106 0.857 134.084 0.980
202109 1.573 135.847 1.775
202112 1.253 138.161 1.390
202203 1.895 138.822 2.092
202206 0.539 142.347 0.580
202209 1.605 144.661 1.700
202212 0.738 145.763 0.776
202303 0.244 146.865 0.255
202309 1.430 151.492 1.447
202312 1.488 153.255 1.488

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.


Oswal Yarns  (BOM:514460) 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.


Oswal Yarns Cyclically Adjusted PS Ratio Related Terms

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


Oswal Yarns (BOM:514460) Business Description

Traded in Other Exchanges
N/A
Address
Link Road, Industrial Area - A, Oswal House, Ludhiana, PB, IND, 141 003
Oswal Yarns Ltd is an Indian-based company operating in the Textile industry. It is engaged in the manufacturing and trading of knitted clothes.

Oswal Yarns (BOM:514460) Headlines

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