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Cranex (BOM:522001) Cyclically Adjusted PS Ratio : 1.46 (As of Jun. 17, 2024)


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What is Cranex Cyclically Adjusted PS Ratio?

As of today (2024-06-17), Cranex's current share price is ₹100.67. Cranex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹68.78. Cranex's Cyclically Adjusted PS Ratio for today is 1.46.

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

BOM:522001' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.44   Max: 1.7
Current: 1.46

During the past years, Cranex's highest Cyclically Adjusted PS Ratio was 1.70. The lowest was 0.17. And the median was 0.44.

BOM:522001's Cyclically Adjusted PS Ratio is ranked worse than
66.47% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.01 vs BOM:522001: 1.46

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.

Cranex's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹34.814. 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 ₹68.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cranex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cranex'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.

Cranex Cyclically Adjusted PS Ratio Chart

Cranex 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 - 0.18 0.38 0.43 0.78

Cranex 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 0.43 0.53 0.59 0.81 0.78

Competitive Comparison of Cranex's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Cranex'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.


Cranex's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Cranex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cranex 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.

Cranex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=100.67/68.78
=1.46

* 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.

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

For example, Cranex'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)
=34.814/153.0345*153.0345
=34.814

Current CPI (Mar. 2024) = 153.0345.

Cranex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.232 91.425 22.149
201406 4.843 94.103 7.876
201409 5.805 96.780 9.179
201412 7.362 96.780 11.641
201503 15.136 97.163 23.840
201506 2.997 99.841 4.594
201509 6.650 101.753 10.001
201512 5.931 102.901 8.821
201603 20.196 102.518 30.148
201606 2.059 105.961 2.974
201609 6.163 105.961 8.901
201612 10.446 105.196 15.196
201703 17.919 105.196 26.068
201706 8.562 107.109 12.233
201709 3.976 109.021 5.581
201712 12.362 109.404 17.292
201803 18.356 109.786 25.587
201809 9.848 115.142 13.089
201812 8.749 115.142 11.628
201903 21.241 118.202 27.500
201906 13.087 120.880 16.568
201909 15.631 123.175 19.420
201912 13.060 126.235 15.833
202003 18.306 124.705 22.465
202006 10.317 127.000 12.432
202009 14.850 130.118 17.465
202012 9.222 130.889 10.782
202103 24.717 131.771 28.706
202106 19.673 134.084 22.453
202109 10.285 135.847 11.586
202112 17.015 138.161 18.847
202203 19.809 138.822 21.837
202206 13.713 142.347 14.743
202209 12.063 144.661 12.761
202212 15.378 145.763 16.145
202303 26.650 146.865 27.770
202306 15.239 150.280 15.518
202309 24.642 151.492 24.893
202312 28.409 152.924 28.429
202403 34.814 153.035 34.814

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.


Cranex  (BOM:522001) 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.


Cranex Cyclically Adjusted PS Ratio Related Terms

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


Cranex (BOM:522001) Business Description

Traded in Other Exchanges
N/A
Address
57/1, Industrial Area, Site-IV, Ghaziabad District, Sahibabad, UP, IND, 201010
Cranex Ltd is engaged in the manufacturing and selling of cranes and their parts in India. It also provides after-sales maintenance services. The company's only operating segment is the Manufacture and sale of EOT Cranes. It supplies the products to Government and Private sector industries. The company's product offerings include Double girder cranes, Single girder cranes, Jib cranes, Gantry cranes, Escalators and moving walkways, Elevators, and Railway products.

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