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Spright Agro (BOM:531205) Cyclically Adjusted PS Ratio : 1.59 (As of Jun. 23, 2024)


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What is Spright Agro Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Spright Agro's current share price is ₹45.69. Spright Agro's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹28.67. Spright Agro's Cyclically Adjusted PS Ratio for today is 1.59.

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

BOM:531205' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 1   Max: 5.97
Current: 1.47

During the past years, Spright Agro's highest Cyclically Adjusted PS Ratio was 5.97. The lowest was 0.02. And the median was 1.00.

BOM:531205's Cyclically Adjusted PS Ratio is ranked worse than
66.34% of 202 companies
in the Agriculture industry
Industry Median: 1.08 vs BOM:531205: 1.47

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.

Spright Agro's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹0.837. 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 ₹28.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spright Agro Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Spright Agro'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.

Spright Agro Cyclically Adjusted PS Ratio Chart

Spright Agro 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 - 2.74 2.86 0.75 0.86

Spright Agro 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 0.75 0.70 0.07 0.25 0.86

Competitive Comparison of Spright Agro's Cyclically Adjusted PS Ratio

For the Agricultural Inputs subindustry, Spright Agro'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.


Spright Agro's Cyclically Adjusted PS Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Spright Agro's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Spright Agro 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.

Spright Agro's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.69/28.67
=1.59

* 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.

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

For example, Spright Agro'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)
=0.837/153.0345*153.0345
=0.837

Current CPI (Mar. 2024) = 153.0345.

Spright Agro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 0.000 97.163 0.000
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 0.000 102.518 0.000
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 0.000 105.196 0.000
201706 0.291 107.109 0.416
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 1.537 109.786 2.142
201806 0.000 111.317 0.000
201809 0.728 115.142 0.968
201812 1.428 115.142 1.898
201903 0.000 118.202 0.000
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 0.000 124.705 0.000
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 1.406 131.771 1.633
202106 1.204 134.084 1.374
202109 18.022 135.847 20.302
202112 18.999 138.161 21.044
202203 9.418 138.822 10.382
202206 13.576 142.347 14.595
202209 1.744 144.661 1.845
202212 8.066 145.763 8.468
202303 9.232 146.865 9.620
202306 12.308 150.280 12.534
202309 13.222 151.492 13.357
202312 0.434 152.924 0.434
202403 0.837 153.035 0.837

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.


Spright Agro  (BOM:531205) 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.


Spright Agro Cyclically Adjusted PS Ratio Related Terms

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


Spright Agro (BOM:531205) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, Office No: B-263, Sakar-7, Nehru Bridge Corner, Ahmedabad, GJ, IND, 380006
Tine Agro Ltd formerly Kansal Fibres Ltd is currently engaged in the business of dealing and trading in all types of agricultural goods, commodities, and other related materials on retail as well as on wholesale basis.. It is engaged in the trading of textile material on a retail basis. The company markets its clothing products throughout India.

Spright Agro (BOM:531205) Headlines

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