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AksharChem (India) (BOM:524598) Cyclically Adjusted PS Ratio : 0.75 (As of Sep. 20, 2024)


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What is AksharChem (India) Cyclically Adjusted PS Ratio?

As of today (2024-09-20), AksharChem (India)'s current share price is ₹335.70. AksharChem (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₹449.27. AksharChem (India)'s Cyclically Adjusted PS Ratio for today is 0.75.

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

BOM:524598' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.69   Max: 1.4
Current: 0.75

During the past years, AksharChem (India)'s highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.47. And the median was 0.69.

BOM:524598's Cyclically Adjusted PS Ratio is ranked better than
66.79% of 1114 companies
in the Chemicals industry
Industry Median: 1.23 vs BOM:524598: 0.75

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.

AksharChem (India)'s adjusted revenue per share data for the three months ended in Jun. 2024 was ₹106.678. 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 ₹449.27 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AksharChem (India) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AksharChem (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.

AksharChem (India) Cyclically Adjusted PS Ratio Chart

AksharChem (India) 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 - 0.63 0.86 0.47 0.57

AksharChem (India) 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 0.54 0.65 0.67 0.57 0.72

Competitive Comparison of AksharChem (India)'s Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, AksharChem (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.


AksharChem (India)'s Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AksharChem (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AksharChem (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.

AksharChem (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=335.70/449.27
=0.75

* 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.

AksharChem (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, AksharChem (India)'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)
=106.678/155.7889*155.7889
=106.678

Current CPI (Jun. 2024) = 155.7889.

AksharChem (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 96.074 96.780 154.652
201412 92.765 96.780 149.325
201503 68.593 97.163 109.981
201506 65.542 99.841 102.270
201509 57.144 101.753 87.490
201512 67.908 102.901 102.811
201603 66.113 102.518 100.467
201606 76.040 105.961 111.798
201609 114.432 105.961 168.243
201612 86.401 105.196 127.955
201703 62.691 105.196 92.842
201706 86.508 107.109 125.825
201709 80.000 109.021 114.318
201712 71.769 109.404 102.198
201803 93.249 109.786 132.322
201806 92.030 111.317 128.797
201809 103.994 115.142 140.706
201812 99.849 115.142 135.097
201903 93.326 118.202 123.003
201906 85.386 120.880 110.045
201909 78.879 123.175 99.764
201912 67.975 126.235 83.889
202003 84.977 124.705 106.158
202006 66.021 127.000 80.987
202009 60.862 130.118 72.869
202012 81.587 130.889 97.108
202103 80.879 131.771 95.621
202106 116.899 134.084 135.822
202109 100.865 135.847 115.672
202112 109.086 138.161 123.005
202203 124.529 138.822 139.749
202206 142.637 142.347 156.106
202209 112.439 144.661 121.088
202212 80.890 145.763 86.454
202303 68.636 146.865 72.807
202306 89.283 150.280 92.556
202309 91.293 151.492 93.882
202312 94.590 152.924 96.362
202403 94.252 153.035 95.948
202406 106.678 155.789 106.678

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.


AksharChem (India)  (BOM:524598) 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.


AksharChem (India) Cyclically Adjusted PS Ratio Related Terms

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


AksharChem (India) Business Description

Traded in Other Exchanges
Address
Corporate House No. 8, Arista at 8, Behind Rajpath Club, Bodakdev, Ahmedabad, GJ, IND, 380 054
AksharChem (India) Ltd is an organic chemical manufacturing company. Its product offerings fall into two categories organic chemicals and inorganic chemicals, which further diversified into Vinyl Sulphone, H Acid, CPC Green in organic chemicals, and Precipitated Silica in inorganic chemicals. The company operates into a single segment which is the chemical business. The company has a presence in India, North America, Europe, the Middle East, Africa, South America, and Asia Pacific. It derives key revenue from Exporting the products.

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