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Suraj Products (BOM:518075) Cyclically Adjusted PS Ratio : 3.02 (As of Sep. 26, 2024)


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What is Suraj Products Cyclically Adjusted PS Ratio?

As of today (2024-09-26), Suraj Products's current share price is ₹523.25. Suraj Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₹173.01. Suraj Products's Cyclically Adjusted PS Ratio for today is 3.02.

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

BOM:518075' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.83   Max: 5.23
Current: 2.89

During the past years, Suraj Products's highest Cyclically Adjusted PS Ratio was 5.23. The lowest was 0.10. And the median was 0.83.

BOM:518075's Cyclically Adjusted PS Ratio is ranked worse than
91.01% of 467 companies
in the Steel industry
Industry Median: 0.49 vs BOM:518075: 2.89

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.

Suraj Products's adjusted revenue per share data for the three months ended in Jun. 2024 was ₹81.204. 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 ₹173.01 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suraj Products Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Suraj Products'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.

Suraj Products Cyclically Adjusted PS Ratio Chart

Suraj Products 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 - 0.27 0.83 0.83 2.45

Suraj Products 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 1.03 1.77 2.54 2.45 3.99

Competitive Comparison of Suraj Products's Cyclically Adjusted PS Ratio

For the Steel subindustry, Suraj Products'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.


Suraj Products's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Suraj Products 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.

Suraj Products's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=523.25/173.01
=3.02

* 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.

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

For example, Suraj Products'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)
=81.204/155.7889*155.7889
=81.204

Current CPI (Jun. 2024) = 155.7889.

Suraj Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 14.051 96.780 22.618
201412 22.102 96.780 35.578
201503 22.159 97.163 35.529
201506 17.263 99.841 26.937
201509 9.483 101.753 14.519
201512 7.766 102.901 11.757
201603 15.288 102.518 23.232
201606 16.315 105.961 23.987
201609 11.947 105.961 17.565
201612 10.802 105.196 15.997
201703 13.718 105.196 20.316
201706 9.335 107.109 13.578
201709 11.570 109.021 16.533
201712 13.283 109.404 18.915
201803 27.304 109.786 38.745
201806 27.377 111.317 38.314
201809 25.992 115.142 35.168
201812 15.995 115.142 21.642
201903 32.708 118.202 43.109
201906 26.523 120.880 34.183
201909 13.732 123.175 17.368
201912 23.546 126.235 29.058
202003 39.630 124.705 49.508
202006 41.496 127.000 50.902
202009 38.588 130.118 46.201
202012 48.175 130.889 57.340
202103 62.589 131.771 73.997
202106 61.872 134.084 71.887
202109 45.353 135.847 52.011
202112 48.126 138.161 54.266
202203 52.502 138.822 58.919
202206 65.783 142.347 71.995
202209 53.438 144.661 57.549
202212 40.879 145.763 43.691
202303 90.076 146.865 95.550
202306 97.565 150.280 101.141
202309 59.417 151.492 61.102
202312 64.692 152.924 65.904
202403 80.783 153.035 82.237
202406 81.204 155.789 81.204

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.


Suraj Products  (BOM:518075) 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.


Suraj Products Cyclically Adjusted PS Ratio Related Terms

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


Suraj Products Business Description

Traded in Other Exchanges
N/A
Address
Village: Barpali, P.O. Kesaramal Rajgangpur, Sundargarh, OR, IND, 770017
Suraj Products Ltd is in production of Sponge Iron. The company has a single business segment finished products from Iron Ore. The company has three products namely TMT Bar, Pig Iron, Sponge Iron and MS Ingot.

Suraj Products Headlines

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