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Sharp India (BOM:523449) Cyclically Adjusted PS Ratio : (As of Jun. 19, 2024)


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What is Sharp India Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sharp India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sharp India'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.

Sharp India Cyclically Adjusted PS Ratio Chart

Sharp India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
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Sharp India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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Competitive Comparison of Sharp India's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Sharp India'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.


Sharp India's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sharp India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sharp India 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.

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

For example, Sharp India'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)
=0/153.0345*153.0345
=0.000

Current CPI (Mar. 2024) = 153.0345.

Sharp India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 26.893 91.425 45.016
201406 30.632 94.103 49.815
201409 15.350 96.780 24.272
201412 10.261 96.780 16.225
201503 17.313 97.163 27.268
201506 6.806 99.841 10.432
201509 0.605 101.753 0.910
201512 0.539 102.901 0.802
201603 3.665 102.518 5.471
201606 5.653 105.961 8.164
201609 3.536 105.961 5.107
201612 0.564 105.196 0.820
201703 0.153 105.196 0.223
201706 0.144 107.109 0.206
201709 0.246 109.021 0.345
201712 0.052 109.404 0.073
201803 0.189 109.786 0.263
201806 0.138 111.317 0.190
201809 0.001 115.142 0.001
201812 0.000 115.142 0.000
201903 -0.012 118.202 -0.016
201906 0.001 120.880 0.001
201909 0.002 123.175 0.002
201912 0.002 126.235 0.002
202003 0.003 124.705 0.004
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 0.010 135.847 0.011
202112 0.020 138.161 0.022
202203 0.014 138.822 0.015
202206 0.010 142.347 0.011
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
202312 0.000 152.924 0.000
202403 0.000 153.035 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.


Sharp India  (BOM:523449) 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.


Sharp India Cyclically Adjusted PS Ratio Related Terms

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Sharp India (BOM:523449) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Gat No. 686/4, Koregaon Bhima, Taluka Shirur, District Pune, Pune, MH, IND, 412 216
Sharp India Ltd is engaged in the business of consumer electronics. It manufactures and sells color televisions (CRT TVs), liquid crystal display televisions (LCD TVs), light-emitting diode televisions, and air conditioners. Geographically, the business presence of the group is seen in India.

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