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Gratex Industries (BOM:526751) Cyclically Adjusted PS Ratio : 2.95 (As of Dec. 11, 2024)


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What is Gratex Industries Cyclically Adjusted PS Ratio?

As of today (2024-12-11), Gratex Industries's current share price is ₹23.93. Gratex Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ₹8.11. Gratex Industries's Cyclically Adjusted PS Ratio for today is 2.95.

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

BOM:526751' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.6   Max: 3.85
Current: 2.81

During the past years, Gratex Industries's highest Cyclically Adjusted PS Ratio was 3.85. The lowest was 0.68. And the median was 1.60.

BOM:526751's Cyclically Adjusted PS Ratio is ranked worse than
84.81% of 283 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.92 vs BOM:526751: 2.81

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.

Gratex Industries's adjusted revenue per share data for the three months ended in Sep. 2024 was ₹4.317. 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 ₹8.11 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gratex Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gratex 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.

Gratex Industries Cyclically Adjusted PS Ratio Chart

Gratex Industries 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 - 0.95 0.96 1.45 2.38

Gratex Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.03 2.02 2.38 2.70 2.38

Competitive Comparison of Gratex Industries's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Gratex 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.


Gratex Industries's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gratex Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Gratex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.93/8.11
=2.95

* 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.

Gratex Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Gratex Industries's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=4.317/157.8822*157.8822
=4.317

Current CPI (Sep. 2024) = 157.8822.

Gratex Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.192 96.780 1.945
201503 -0.359 97.163 -0.583
201506 1.055 99.841 1.668
201509 1.041 101.753 1.615
201512 1.053 102.901 1.616
201603 0.968 102.518 1.491
201606 0.948 105.961 1.413
201609 1.049 105.961 1.563
201612 1.396 105.196 2.095
201703 0.580 105.196 0.870
201706 0.733 107.109 1.080
201709 1.396 109.021 2.022
201712 1.284 109.404 1.853
201803 3.132 109.786 4.504
201806 2.071 111.317 2.937
201809 3.272 115.142 4.487
201812 3.326 115.142 4.561
201903 -1.934 118.202 -2.583
201906 2.428 120.880 3.171
201909 2.688 123.175 3.445
201912 3.211 126.235 4.016
202003 -2.387 124.705 -3.022
202006 0.548 127.000 0.681
202009 1.450 130.118 1.759
202012 2.401 130.889 2.896
202103 -0.407 131.771 -0.488
202106 1.450 134.084 1.707
202109 2.401 135.847 2.790
202112 2.757 138.161 3.151
202203 0.315 138.822 0.358
202206 3.065 142.347 3.399
202209 3.387 144.661 3.697
202212 4.367 145.763 4.730
202303 -0.530 146.865 -0.570
202306 3.420 150.280 3.593
202309 3.151 151.492 3.284
202312 3.329 152.924 3.437
202403 -0.798 153.035 -0.823
202406 2.929 155.789 2.968
202409 4.317 157.882 4.317

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.


Gratex Industries  (BOM:526751) 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.


Gratex Industries Cyclically Adjusted PS Ratio Related Terms

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


Gratex Industries Business Description

Traded in Other Exchanges
N/A
Address
L. J. Road, 109, Kakad Udyog Bhavan, Mahim, Mumbai, MH, IND, 400016
Gratex Industries Ltd engages in the business of trading, reselling and wholesale of wallpapers and related products. Geographically all business activities of the firm are carried out in India. It operates in single business segment: Manufacturing and Trading of Profiles, Catalogues, Digital Posters, Furnitures and Wall coverings.

Gratex Industries Headlines

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