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Choksi Laboratories (BOM:526546) Cyclically Adjusted PS Ratio : 2.19 (As of Jun. 03, 2025)


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What is Choksi Laboratories Cyclically Adjusted PS Ratio?

As of today (2025-06-03), Choksi Laboratories's current share price is ₹124.10. Choksi Laboratories's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was ₹56.54. Choksi Laboratories's Cyclically Adjusted PS Ratio for today is 2.19.

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

BOM:526546' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.86   Max: 2.41
Current: 2

During the past years, Choksi Laboratories's highest Cyclically Adjusted PS Ratio was 2.41. The lowest was 0.17. And the median was 0.86.

BOM:526546's Cyclically Adjusted PS Ratio is ranked better than
51.52% of 132 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.065 vs BOM:526546: 2.00

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.

Choksi Laboratories's adjusted revenue per share data for the three months ended in Dec. 2024 was ₹14.723. 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 ₹56.54 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Choksi Laboratories Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Choksi Laboratories'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.

Choksi Laboratories Cyclically Adjusted PS Ratio Chart

Choksi Laboratories 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 - 0.17 0.53 0.65 0.78

Choksi Laboratories Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.27 0.78 0.99 1.33 1.33

Competitive Comparison of Choksi Laboratories's Cyclically Adjusted PS Ratio

For the Diagnostics & Research subindustry, Choksi Laboratories'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.


Choksi Laboratories's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Choksi Laboratories's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Choksi Laboratories 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.

Choksi Laboratories's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=124.10/56.54
=2.19

* 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.

Choksi Laboratories's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Choksi Laboratories's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=14.723/158.3229*158.3229
=14.723

Current CPI (Dec. 2024) = 158.3229.

Choksi Laboratories Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 8.934 97.163 14.558
201506 6.976 99.841 11.062
201509 7.529 101.753 11.715
201512 7.671 102.901 11.803
201603 10.531 102.518 16.263
201606 7.581 105.961 11.327
201609 10.775 105.961 16.100
201612 9.331 105.196 14.043
201703 12.649 105.196 19.037
201706 9.259 107.109 13.686
201709 10.418 109.021 15.129
201712 12.631 109.404 18.279
201803 18.250 109.786 26.318
201806 11.721 111.317 16.671
201809 12.117 115.142 16.661
201812 11.678 115.142 16.058
201903 13.077 118.202 17.516
201906 11.600 120.880 15.193
201909 10.057 123.175 12.927
201912 9.684 126.235 12.146
202003 9.021 124.705 11.453
202006 6.923 127.000 8.630
202009 10.589 130.118 12.884
202012 8.864 130.889 10.722
202103 10.586 131.771 12.719
202106 7.631 134.084 9.010
202109 10.295 135.847 11.998
202112 10.307 138.161 11.811
202203 14.518 138.822 16.557
202206 11.848 142.347 13.178
202209 12.122 144.661 13.267
202212 11.270 145.763 12.241
202303 14.092 146.865 15.191
202306 12.581 150.280 13.254
202309 11.692 151.492 12.219
202312 12.685 152.924 13.133
202403 16.222 153.035 16.783
202406 15.311 155.789 15.560
202409 13.494 157.882 13.532
202412 14.723 158.323 14.723

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.


Choksi Laboratories  (BOM:526546) 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.


Choksi Laboratories Cyclically Adjusted PS Ratio Related Terms

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


Choksi Laboratories Business Description

Traded in Other Exchanges
N/A
Address
Survey no. 9/1, Near Tulsiyana Industrial Park, Gram Kumerdi, Indore, MP, IND, 452010
Choksi Laboratories Ltd is an analysis and research company. The company provides contract testing and analytical services. The Company analyzes for its clients as a regulatory requirement pharmaceuticals, food and agricultural products, construction materials, chemicals, Calibration and environment Monitoring services.

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