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NTC Industries (BOM:526723) Cyclically Adjusted PS Ratio : 3.74 (As of May. 26, 2024)


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What is NTC Industries Cyclically Adjusted PS Ratio?

As of today (2024-05-26), NTC Industries's current share price is ₹123.90. NTC Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹33.09. NTC Industries's Cyclically Adjusted PS Ratio for today is 3.74.

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

BOM:526723' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.65   Med: 2.56   Max: 4.69
Current: 3.74

During the past years, NTC Industries's highest Cyclically Adjusted PS Ratio was 4.69. The lowest was 1.65. And the median was 2.56.

BOM:526723's Cyclically Adjusted PS Ratio is ranked worse than
80% of 35 companies
in the Tobacco Products industry
Industry Median: 1.68 vs BOM:526723: 3.74

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.

NTC Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹3.051. 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 ₹33.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NTC Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NTC Industries'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.

NTC Industries Cyclically Adjusted PS Ratio Chart

NTC Industries 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 - - - 2.60 2.03

NTC Industries 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 2.34 2.03 2.30 2.58 2.73

Competitive Comparison of NTC Industries's Cyclically Adjusted PS Ratio

For the Tobacco subindustry, NTC Industries'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.


NTC Industries's Cyclically Adjusted PS Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, NTC Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



NTC Industries 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.

NTC Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=123.90/33.09
=3.74

* 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.

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

For example, NTC Industries'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)
=3.051/152.9243*152.9243
=3.051

Current CPI (Dec. 2023) = 152.9243.

NTC Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 4.234 88.365 7.327
201309 5.242 91.042 8.805
201312 3.606 91.425 6.032
201403 8.469 91.425 14.166
201406 4.198 94.103 6.822
201409 6.182 96.780 9.768
201412 5.487 96.780 8.670
201503 11.203 97.163 17.632
201506 4.198 99.841 6.430
201509 3.740 101.753 5.621
201512 4.155 102.901 6.175
201603 4.957 102.518 7.394
201606 6.673 105.961 9.631
201609 5.149 105.961 7.431
201612 2.920 105.196 4.245
201703 6.812 105.196 9.903
201803 0.000 109.786 0.000
201806 2.721 111.317 3.738
201809 2.481 115.142 3.295
201812 2.169 115.142 2.881
201903 12.819 118.202 16.585
201906 1.374 120.880 1.738
201909 2.750 123.175 3.414
201912 2.078 126.235 2.517
202003 13.562 124.705 16.631
202006 1.348 127.000 1.623
202009 4.436 130.118 5.214
202012 4.584 130.889 5.356
202103 16.309 131.771 18.927
202106 2.315 134.084 2.640
202109 4.998 135.847 5.626
202112 4.311 138.161 4.772
202203 14.500 138.822 15.973
202206 7.677 142.347 8.247
202209 19.612 144.661 20.732
202212 4.958 145.763 5.202
202303 16.820 146.865 17.514
202306 7.436 150.280 7.567
202309 13.165 151.492 13.289
202312 3.051 152.924 3.051

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.


NTC Industries  (BOM:526723) 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.


NTC Industries Cyclically Adjusted PS Ratio Related Terms

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


NTC Industries (BOM:526723) Business Description

Traded in Other Exchanges
N/A
Address
149, B.T. Road, P.O. Kamarhati, Kolkata, WB, IND, 700058
NTC Industries Ltd engages in the manufacture of cigarettes and tobacco products. It offers filters, mentholated cigarettes, smoking mixtures, and pipe tobacco. Its products are marketed under the following brands: Royal king Golden king-size, DOS NTC, Elpatron, MayPole, and Jaipur. The company has a presence in southern America, African, and Middle Eastern countries. The company generates revenue from rental income, the sale of cylinder, and FMCG - Cigarettes, where the majority is being generated from the sale of Cigarettes. Geographically the company generates the majority of its revenue from India.

NTC Industries (BOM:526723) Headlines

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