GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Promact Impex Ltd (BOM:526494) » Definitions » Cyclically Adjusted PS Ratio

Promact Impex (BOM:526494) Cyclically Adjusted PS Ratio : 0.81 (As of May. 06, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Promact Impex Cyclically Adjusted PS Ratio?

As of today (2024-05-06), Promact Impex's current share price is ₹12.61. Promact Impex's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹15.50. Promact Impex's Cyclically Adjusted PS Ratio for today is 0.81.

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

BOM:526494' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.26   Max: 1.15
Current: 0.81

During the past years, Promact Impex's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.12. And the median was 0.26.

BOM:526494's Cyclically Adjusted PS Ratio is ranked worse than
52.03% of 444 companies
in the Conglomerates industry
Industry Median: 0.75 vs BOM:526494: 0.81

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.

Promact Impex's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.364. 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 ₹15.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Promact Impex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Promact Impex'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.

Promact Impex Cyclically Adjusted PS Ratio Chart

Promact Impex 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 - - 0.29 0.22 0.18

Promact Impex 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 0.23 0.18 0.49 0.47 0.44

Competitive Comparison of Promact Impex's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Promact Impex'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.


Promact Impex's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Promact Impex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Promact Impex 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.

Promact Impex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.61/15.5
=0.81

* 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.

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

For example, Promact Impex'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)
=0.364/153.2548*153.2548
=0.364

Current CPI (Dec. 2023) = 153.2548.

Promact Impex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.965 91.425 1.618
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.007 96.780 0.011
201503 1.271 97.163 2.005
201506 0.299 99.841 0.459
201509 0.314 101.753 0.473
201512 0.202 102.901 0.301
201603 0.586 102.518 0.876
201606 0.294 105.961 0.425
201609 13.127 105.961 18.986
201612 5.958 105.196 8.680
201703 0.072 105.196 0.105
201706 0.102 107.109 0.146
201709 3.063 109.021 4.306
201712 8.288 109.404 11.610
201803 0.164 109.786 0.229
201806 7.711 111.317 10.616
201809 31.506 115.142 41.935
201812 7.367 115.142 9.806
201903 0.165 118.202 0.214
201906 5.071 120.880 6.429
201909 9.371 123.175 11.659
201912 6.738 126.235 8.180
202003 3.997 124.705 4.912
202006 0.106 127.000 0.128
202009 0.104 130.118 0.122
202012 0.104 130.889 0.122
202103 -0.316 131.771 -0.368
202106 0.024 134.084 0.027
202109 0.033 135.847 0.037
202112 0.028 138.161 0.031
202203 -0.085 138.822 -0.094
202206 0.058 142.347 0.062
202209 0.077 144.661 0.082
202212 0.074 145.763 0.078
202303 1.944 146.865 2.029
202306 0.429 150.280 0.437
202309 0.240 151.492 0.243
202312 0.364 153.255 0.364

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.


Promact Impex  (BOM:526494) 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.


Promact Impex Cyclically Adjusted PS Ratio Related Terms

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


Promact Impex (BOM:526494) Business Description

Traded in Other Exchanges
N/A
Address
Near Shukan Mall Cross Road, Science City Road, 12th Floor-1201, City Center-2, B/S. Heer Party Plot, Sola, Ahmedabad, GJ, IND, 380060
Promact Impex Ltd is engaged in Import and Export of Agro commodities, Minerals and Metals. The company earned income from trading, rent and interest income.

Promact Impex (BOM:526494) Headlines

No Headlines