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Yash Innoventures (BOM:523650) Cyclically Adjusted PS Ratio : 42.41 (As of Jun. 17, 2024)


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What is Yash Innoventures Cyclically Adjusted PS Ratio?

As of today (2024-06-17), Yash Innoventures's current share price is ₹27.14. Yash Innoventures's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹0.64. Yash Innoventures's Cyclically Adjusted PS Ratio for today is 42.41.

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

BOM:523650' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.68   Med: 58.4   Max: 118.55
Current: 42.72

During the past years, Yash Innoventures's highest Cyclically Adjusted PS Ratio was 118.55. The lowest was 12.68. And the median was 58.40.

BOM:523650's Cyclically Adjusted PS Ratio is ranked worse than
98.61% of 1367 companies
in the Real Estate industry
Industry Median: 1.76 vs BOM:523650: 42.72

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.

Yash Innoventures's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹-0.002. 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 ₹0.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yash Innoventures Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yash Innoventures'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.

Yash Innoventures Cyclically Adjusted PS Ratio Chart

Yash Innoventures 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 - 18.74 114.40 - 32.44

Yash Innoventures 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 - 85.78 42.65 41.11 32.44

Competitive Comparison of Yash Innoventures's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Yash Innoventures'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.


Yash Innoventures's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yash Innoventures's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yash Innoventures 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.

Yash Innoventures's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.14/0.64
=42.41

* 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.

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

For example, Yash Innoventures'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)
=-0.002/153.0345*153.0345
=-0.002

Current CPI (Mar. 2024) = 153.0345.

Yash Innoventures Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.007 94.103 0.011
201409 0.006 96.780 0.009
201412 0.006 96.780 0.009
201503 0.444 97.163 0.699
201506 0.006 99.841 0.009
201509 0.008 101.753 0.012
201512 0.008 102.901 0.012
201603 0.409 102.518 0.611
201606 0.007 105.961 0.010
201609 0.007 105.961 0.010
201612 0.007 105.196 0.010
201703 0.007 105.196 0.010
201706 0.007 107.109 0.010
201709 0.007 109.021 0.010
201712 0.007 109.404 0.010
201803 0.007 109.786 0.010
201806 0.010 111.317 0.014
201809 0.006 115.142 0.008
201812 0.007 115.142 0.009
201903 0.007 118.202 0.009
201906 0.008 120.880 0.010
201909 0.007 123.175 0.009
201912 0.008 126.235 0.010
202003 0.007 124.705 0.009
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.007 130.889 0.008
202103 0.008 131.771 0.009
202106 0.008 134.084 0.009
202109 0.007 135.847 0.008
202112 0.007 138.161 0.008
202203 0.007 138.822 0.008
202206 0.007 142.347 0.008
202209 0.004 144.661 0.004
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 1.878 150.280 1.912
202309 2.191 151.492 2.213
202312 0.002 152.924 0.002
202403 -0.002 153.035 -0.002

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.


Yash Innoventures  (BOM:523650) 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.


Yash Innoventures Cyclically Adjusted PS Ratio Related Terms

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


Yash Innoventures (BOM:523650) Business Description

Traded in Other Exchanges
N/A
Address
S.G.Highway, Behind Prahladnagar Garden, 1st Floor, Corporate House No. 3, Parshwanath Business Park, Ahmedabad, GJ, IND, 380014
Yash Innoventures Ltd, formerly Redex Protech Ltd operates in the fire extinguisher equipment industry. The company is engaged in the manufacturing fire extinguisher equipment, smoke alarms, and smoke detectors. The company is operating in two segments i.e. Construction & Infrastructure and Fire Extinguisher. The maximum contribution of revenue consists of rental income which is generated from the leasing of the property.

Yash Innoventures (BOM:523650) Headlines

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