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Banaras Beads (BOM:526849) Cyclically Adjusted PS Ratio : 2.08 (As of May. 01, 2024)


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What is Banaras Beads Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Banaras Beads's current share price is ₹95.37. Banaras Beads's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹45.95. Banaras Beads's Cyclically Adjusted PS Ratio for today is 2.08.

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

BOM:526849' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.69   Max: 2.32
Current: 2.06

During the past years, Banaras Beads's highest Cyclically Adjusted PS Ratio was 2.32. The lowest was 0.60. And the median was 1.69.

BOM:526849's Cyclically Adjusted PS Ratio is ranked worse than
81.87% of 855 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.62 vs BOM:526849: 2.06

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.

Banaras Beads's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹5.716. 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 ₹45.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banaras Beads Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banaras Beads'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.

Banaras Beads Cyclically Adjusted PS Ratio Chart

Banaras Beads 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 - 0.59 1.03 2.06 1.71

Banaras Beads 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 1.73 1.71 1.81 1.95 2.07

Competitive Comparison of Banaras Beads's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Banaras Beads'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.


Banaras Beads's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Banaras Beads 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.

Banaras Beads's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=95.37/45.95
=2.08

* 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.

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

For example, Banaras Beads'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)
=5.716/153.2548*153.2548
=5.716

Current CPI (Dec. 2023) = 153.2548.

Banaras Beads Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 10.149 91.425 17.013
201406 8.710 94.103 14.185
201409 11.821 96.780 18.719
201412 8.188 96.780 12.966
201503 6.383 97.163 10.068
201506 8.943 99.841 13.727
201509 10.315 101.753 15.536
201512 8.595 102.901 12.801
201603 7.313 102.518 10.932
201606 6.986 105.961 10.104
201609 9.804 105.961 14.180
201612 9.996 105.196 14.563
201703 13.995 105.196 20.389
201706 7.278 107.109 10.414
201709 9.963 109.021 14.005
201712 10.177 109.404 14.256
201803 8.603 109.786 12.009
201806 7.683 111.317 10.578
201809 6.361 115.142 8.467
201812 4.791 115.142 6.377
201903 5.888 118.202 7.634
201906 5.550 120.880 7.036
201909 15.469 123.175 19.247
201912 9.479 126.235 11.508
202003 5.032 124.705 6.184
202006 5.993 127.000 7.232
202009 10.115 130.118 11.914
202012 9.395 130.889 11.000
202103 3.842 131.771 4.468
202106 5.139 134.084 5.874
202109 16.125 135.847 18.191
202112 9.002 138.161 9.985
202203 6.107 138.822 6.742
202206 10.102 142.347 10.876
202209 12.845 144.661 13.608
202212 4.426 145.763 4.653
202303 11.748 146.865 12.259
202306 9.329 150.280 9.514
202309 14.374 151.492 14.541
202312 5.716 153.255 5.716

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.


Banaras Beads  (BOM:526849) 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.


Banaras Beads Cyclically Adjusted PS Ratio Related Terms

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


Banaras Beads (BOM:526849) Business Description

Traded in Other Exchanges
Address
A-1, Industrial Estate, Varanasi, UP, IND, 221 106
Banaras Beads Ltd operates in the beads industry. The company is involved in the manufacturing and exporting of handicraft items, such as glass beads necklaces, and imitation jewelry. The company also deals in Beads made from Clay, Brass, Aluminium, Copper, Ceramics, Resin, Horn, Bone, Semiprecious stones, Agate, Lac, Hand Painted Beads, Spray Painted Beads, and others.

Banaras Beads (BOM:526849) Headlines

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