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Indo Borax & Chemicals (BOM:524342) Cyclically Adjusted PS Ratio : 3.19 (As of Jun. 02, 2024)


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What is Indo Borax & Chemicals Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Indo Borax & Chemicals's current share price is ₹156.55. Indo Borax & Chemicals's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹49.02. Indo Borax & Chemicals's Cyclically Adjusted PS Ratio for today is 3.19.

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

BOM:524342' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 2.49   Max: 4.19
Current: 3.19

During the past 13 years, Indo Borax & Chemicals's highest Cyclically Adjusted PS Ratio was 4.19. The lowest was 0.53. And the median was 2.49.

BOM:524342's Cyclically Adjusted PS Ratio is ranked worse than
80.64% of 1214 companies
in the Chemicals industry
Industry Median: 1.21 vs BOM:524342: 3.19

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.

Indo Borax & Chemicals's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹59.633. 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 ₹49.02 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indo Borax & Chemicals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Indo Borax & Chemicals'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.

Indo Borax & Chemicals Cyclically Adjusted PS Ratio Chart

Indo Borax & Chemicals 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 0.52 1.93 3.69 2.27 3.29

Indo Borax & Chemicals 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 2.27 - - - 3.29

Competitive Comparison of Indo Borax & Chemicals's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Indo Borax & Chemicals'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.


Indo Borax & Chemicals's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indo Borax & Chemicals's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Indo Borax & Chemicals's Cyclically Adjusted PS Ratio falls into.



Indo Borax & Chemicals 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.

Indo Borax & Chemicals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=156.55/49.02
=3.19

* 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.

Indo Borax & Chemicals's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Indo Borax & Chemicals's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=59.633/153.0345*153.0345
=59.633

Current CPI (Mar24) = 153.0345.

Indo Borax & Chemicals Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 27.124 97.163 42.721
201603 21.675 102.518 32.355
201703 20.757 105.196 30.196
201803 31.428 109.786 43.808
201903 39.978 118.202 51.759
202003 35.916 124.705 44.075
202103 44.922 131.771 52.171
202203 54.758 138.822 60.364
202303 70.151 146.865 73.098
202403 59.633 153.035 59.633

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.


Indo Borax & Chemicals  (BOM:524342) 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.


Indo Borax & Chemicals Cyclically Adjusted PS Ratio Related Terms

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


Indo Borax & Chemicals (BOM:524342) Business Description

Traded in Other Exchanges
Address
Linking Road, 302, Link Rose, Santacruz West, Mumbai, MH, IND, 400054
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.

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