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Shree Ganesh Elastoplast (BOM:530797) Cyclically Adjusted PS Ratio : 0.87 (As of Sep. 22, 2024)


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What is Shree Ganesh Elastoplast Cyclically Adjusted PS Ratio?

As of today (2024-09-22), Shree Ganesh Elastoplast's current share price is ₹32.12. Shree Ganesh Elastoplast's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₹37.08. Shree Ganesh Elastoplast's Cyclically Adjusted PS Ratio for today is 0.87.

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

BOM:530797' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.57   Max: 1.1
Current: 0.87

During the past years, Shree Ganesh Elastoplast's highest Cyclically Adjusted PS Ratio was 1.10. The lowest was 0.24. And the median was 0.57.

BOM:530797's Cyclically Adjusted PS Ratio is ranked worse than
51.3% of 1308 companies
in the Consumer Packaged Goods industry
Industry Median: 0.84 vs BOM:530797: 0.87

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.

Shree Ganesh Elastoplast's adjusted revenue per share data for the three months ended in Jun. 2024 was ₹15.793. 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 ₹37.08 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shree Ganesh Elastoplast Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shree Ganesh Elastoplast'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.

Shree Ganesh Elastoplast Cyclically Adjusted PS Ratio Chart

Shree Ganesh Elastoplast 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 - 0.28 0.53 0.49 0.61

Shree Ganesh Elastoplast Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.37 0.40 0.53 0.61 0.63

Competitive Comparison of Shree Ganesh Elastoplast's Cyclically Adjusted PS Ratio

For the Farm Products subindustry, Shree Ganesh Elastoplast'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.


Shree Ganesh Elastoplast's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shree Ganesh Elastoplast's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shree Ganesh Elastoplast's Cyclically Adjusted PS Ratio falls into.



Shree Ganesh Elastoplast 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.

Shree Ganesh Elastoplast's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.12/37.08
=0.87

* 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.

Shree Ganesh Elastoplast's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Shree Ganesh Elastoplast's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=15.793/155.7889*155.7889
=15.793

Current CPI (Jun. 2024) = 155.7889.

Shree Ganesh Elastoplast Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 7.244 96.780 11.661
201412 10.518 96.780 16.931
201503 6.037 97.163 9.680
201506 5.891 99.841 9.192
201509 7.928 101.753 12.138
201512 7.209 102.901 10.914
201603 9.388 102.518 14.266
201606 4.805 105.961 7.065
201609 5.563 105.961 8.179
201612 5.108 105.196 7.565
201703 1.179 105.196 1.746
201706 5.582 107.109 8.119
201709 3.106 109.021 4.438
201712 1.383 109.404 1.969
201803 6.919 109.786 9.818
201806 8.858 111.317 12.397
201809 2.327 115.142 3.148
201812 2.145 115.142 2.902
201903 2.600 118.202 3.427
201906 3.625 120.880 4.672
201909 0.000 123.175 0.000
201912 1.233 126.235 1.522
202003 6.894 124.705 8.612
202006 1.997 127.000 2.450
202009 7.016 130.118 8.400
202012 6.491 130.889 7.726
202103 7.135 131.771 8.436
202106 20.155 134.084 23.418
202109 19.117 135.847 21.923
202112 13.172 138.161 14.853
202203 18.281 138.822 20.515
202206 3.188 142.347 3.489
202209 7.321 144.661 7.884
202212 4.459 145.763 4.766
202303 7.225 146.865 7.664
202306 3.394 150.280 3.518
202309 12.231 151.492 12.578
202312 12.249 152.924 12.478
202403 15.022 153.035 15.292
202406 15.793 155.789 15.793

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.


Shree Ganesh Elastoplast  (BOM:530797) 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.


Shree Ganesh Elastoplast Cyclically Adjusted PS Ratio Related Terms

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


Shree Ganesh Elastoplast Business Description

Traded in Other Exchanges
N/A
Address
119, Polytechnic Road, Ground Floor, Kamdhenu Complex, Opposite Sahajanad College, Ahmedabad, GJ, IND, 380015
Shree Ganesh Elastoplast Ltd is an India-based commodity trading company. The company is engaged in the trading of agricultural raw material, including raw maize, cottonseed oil cake, jeera and castor seed.

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