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Spice Islands Industries (BOM:526827) Cyclically Adjusted PS Ratio : 0.93 (As of Jun. 20, 2024)


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What is Spice Islands Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Spice Islands Industries's current share price is ₹41.40. Spice Islands Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹44.54. Spice Islands Industries's Cyclically Adjusted PS Ratio for today is 0.93.

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

BOM:526827' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.18   Max: 1.17
Current: 0.9

During the past years, Spice Islands Industries's highest Cyclically Adjusted PS Ratio was 1.17. The lowest was 0.05. And the median was 0.18.

BOM:526827's Cyclically Adjusted PS Ratio is ranked worse than
58.63% of 875 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.66 vs BOM:526827: 0.90

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.

Spice Islands Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹1.206. 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 ₹44.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spice Islands Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Spice Islands 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.

Spice Islands Industries Cyclically Adjusted PS Ratio Chart

Spice Islands 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 - 0.06 0.24 0.15 0.80

Spice Islands Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.15 0.37 0.39 0.57 0.80

Competitive Comparison of Spice Islands Industries's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, Spice Islands 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.


Spice Islands Industries's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Spice Islands 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.40/44.54
=0.93

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.206/153.0345*153.0345
=1.206

Current CPI (Mar. 2024) = 153.0345.

Spice Islands Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.462 94.103 17.014
201409 13.125 96.780 20.754
201412 13.304 96.780 21.037
201503 19.188 97.163 30.222
201506 15.950 99.841 24.448
201509 13.862 101.753 20.848
201512 10.340 102.901 15.378
201603 13.218 102.518 19.731
201606 11.543 105.961 16.671
201609 5.626 105.961 8.125
201612 15.161 105.196 22.056
201703 8.853 105.196 12.879
201706 7.849 107.109 11.214
201709 18.259 109.021 25.630
201712 14.068 109.404 19.678
201803 26.848 109.786 37.424
201806 6.120 111.317 8.414
201809 13.382 115.142 17.786
201812 8.900 115.142 11.829
201903 9.718 118.202 12.582
201906 4.042 120.880 5.117
201909 14.612 123.175 18.154
201912 7.328 126.235 8.884
202003 8.977 124.705 11.016
202006 0.566 127.000 0.682
202009 7.201 130.118 8.469
202012 2.879 130.889 3.366
202103 4.459 131.771 5.179
202106 0.828 134.084 0.945
202109 1.397 135.847 1.574
202112 2.136 138.161 2.366
202203 1.763 138.822 1.943
202206 0.047 142.347 0.051
202209 0.339 144.661 0.359
202212 1.066 145.763 1.119
202303 0.245 146.865 0.255
202306 0.472 150.280 0.481
202309 0.297 151.492 0.300
202312 0.239 152.924 0.239
202403 1.206 153.035 1.206

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.


Spice Islands Industries  (BOM:526827) 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.


Spice Islands Industries Cyclically Adjusted PS Ratio Related Terms

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


Spice Islands Industries (BOM:526827) Business Description

Traded in Other Exchanges
N/A
Address
210 Nariman Point, 125-A, Mittal Tower, Mumbai, MH, IND, 400021
Spice Islands Apparels Ltd is principally a manufacturer of textiles consisting of yarn, fabrics, and garments such as Shirts, Blouses, Skirts, T-shirts, Polo shirts and Sweatshirts. The company offers a basket of products, in both woven and knitted fabrics, through diverse locations. The product range comprises such as shirts, blouses, skirts, T-shirts, polo shirts, and sweatshirts. The company operates in India as well as it exports its products to the United Kingdom and the United Arab Emirates.

Spice Islands Industries (BOM:526827) Headlines

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