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Premco Global (BOM:530331) Cyclically Adjusted PS Ratio : 1.26 (As of Jun. 10, 2024)


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What is Premco Global Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Premco Global's current share price is ₹411.00. Premco Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹327.34. Premco Global's Cyclically Adjusted PS Ratio for today is 1.26.

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

BOM:530331' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.25   Max: 1.83
Current: 1.26

During the past years, Premco Global's highest Cyclically Adjusted PS Ratio was 1.83. The lowest was 0.41. And the median was 1.25.

BOM:530331's Cyclically Adjusted PS Ratio is ranked worse than
69.67% of 867 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs BOM:530331: 1.26

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.

Premco Global's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹82.877. 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 ₹327.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Premco Global Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Premco Global'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.

Premco Global Cyclically Adjusted PS Ratio Chart

Premco Global 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 - 1.22 1.14 1.01 1.22

Premco Global 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 1.01 1.11 1.26 1.27 1.22

Competitive Comparison of Premco Global's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Premco Global'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.


Premco Global's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Premco Global 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.

Premco Global's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=411.00/327.34
=1.26

* 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.

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

For example, Premco Global'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)
=82.877/153.0345*153.0345
=82.877

Current CPI (Mar. 2024) = 153.0345.

Premco Global Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 44.343 94.103 72.113
201409 59.468 96.780 94.034
201412 65.911 96.780 104.222
201503 48.646 97.163 76.619
201506 47.970 99.841 73.528
201509 67.153 101.753 100.996
201512 59.997 102.901 89.228
201603 45.091 102.518 67.310
201606 56.205 105.961 81.174
201609 63.062 105.961 91.077
201612 52.993 105.196 77.092
201703 48.786 105.196 70.972
201706 66.669 107.109 95.255
201709 50.411 109.021 70.762
201712 57.297 109.404 80.147
201803 65.683 109.786 91.557
201806 61.233 111.317 84.181
201809 43.447 115.142 57.745
201812 56.579 115.142 75.199
201903 48.649 118.202 62.985
201906 59.420 120.880 75.226
201909 56.314 123.175 69.965
201912 55.547 126.235 67.339
202003 54.948 124.705 67.431
202006 32.334 127.000 38.962
202009 74.044 130.118 87.085
202012 89.800 130.889 104.993
202103 103.156 131.771 119.802
202106 104.708 134.084 119.507
202109 98.155 135.847 110.574
202112 106.561 138.161 118.033
202203 74.086 138.822 81.671
202206 80.538 142.347 86.585
202209 47.460 144.661 50.207
202212 75.817 145.763 79.599
202303 78.629 146.865 81.932
202306 74.570 150.280 75.937
202309 72.656 151.492 73.396
202312 66.059 152.924 66.107
202403 82.877 153.035 82.877

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.


Premco Global  (BOM:530331) 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.


Premco Global Cyclically Adjusted PS Ratio Related Terms

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


Premco Global (BOM:530331) Business Description

Traded in Other Exchanges
N/A
Address
95 Ganpatrao Kadam marg, Urmi Estate, Tower-A, 11th floor, Lower Parel (West), Mumbai, IND, 400013
Premco Global Ltd is a company that is engaged in manufacturing woven and knitted elastic tapes, and other activities. Its product portfolio includes Name tapes and plain tapes; Buttonholes, rigid tapes and medical tapes and Panty and shoulder elastics. Geographically, it derives a majority of revenue from India.

Premco Global (BOM:530331) Headlines

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