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Spenta International (BOM:526161) Cyclically Adjusted PS Ratio : 0.77 (As of Apr. 30, 2024)


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What is Spenta International Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Spenta International's current share price is ₹137.80. Spenta International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹179.60. Spenta International's Cyclically Adjusted PS Ratio for today is 0.77.

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

BOM:526161' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.55   Max: 1.08
Current: 0.77

During the past years, Spenta International's highest Cyclically Adjusted PS Ratio was 1.08. The lowest was 0.27. And the median was 0.55.

BOM:526161's Cyclically Adjusted PS Ratio is ranked worse than
56.57% of 852 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.62 vs BOM:526161: 0.77

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.

Spenta International's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹23.063. 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 ₹179.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spenta International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Spenta International'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.

Spenta International Cyclically Adjusted PS Ratio Chart

Spenta International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.31 0.54 0.56

Spenta International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.59 0.56 1.00 0.73 0.94

Competitive Comparison of Spenta International's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Spenta International'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.


Spenta International's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Spenta International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Spenta International 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.

Spenta International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=137.80/179.6
=0.77

* 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.

Spenta International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Spenta International's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=23.063/153.2548*153.2548
=23.063

Current CPI (Dec. 2023) = 153.2548.

Spenta International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 30.957 91.425 51.893
201406 26.567 94.103 43.267
201409 33.868 96.780 53.631
201412 20.595 96.780 32.613
201503 36.943 97.163 58.270
201506 36.854 99.841 56.571
201509 29.984 101.753 45.160
201512 30.801 102.901 45.873
201603 39.002 102.518 58.304
201606 33.863 105.961 48.977
201609 34.147 105.961 49.388
201612 28.355 105.196 41.309
201703 32.967 105.196 48.028
201706 29.020 107.109 41.523
201709 43.958 109.021 61.793
201712 28.866 109.404 40.436
201803 32.415 109.786 45.249
201806 30.448 111.317 41.919
201809 41.508 115.142 55.247
201812 39.774 115.142 52.940
201903 48.089 118.202 62.350
201906 36.275 120.880 45.990
201909 39.409 123.175 49.033
201912 28.946 126.235 35.142
202003 25.994 124.705 31.945
202006 1.263 127.000 1.524
202009 16.318 130.118 19.220
202012 26.211 130.889 30.690
202103 36.683 131.771 42.664
202106 31.298 134.084 35.773
202109 53.019 135.847 59.813
202112 49.627 138.161 55.049
202203 51.612 138.822 56.978
202206 54.592 142.347 58.775
202209 58.805 144.661 62.298
202212 39.915 145.763 41.967
202303 37.787 146.865 39.431
202306 34.625 150.280 35.310
202309 36.186 151.492 36.607
202312 23.063 153.255 23.063

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.


Spenta International  (BOM:526161) 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.


Spenta International Cyclically Adjusted PS Ratio Related Terms

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


Spenta International (BOM:526161) Business Description

Traded in Other Exchanges
N/A
Address
Senapati Bapat Marg, B/1303, Naman Midtown, Dr. Ambedkar Nagar, Behind Kamgar Kala Kendra, Prabhadevi, Mumbai, MH, IND, 400 013
Spenta International Ltd is an India-based company, which is engaged in the manufacturing and trading of socks. It generates maximum revenue from Domestic sale of Socks.

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