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Deco-Mica (BOM:531227) Cyclically Adjusted PS Ratio : 0.64 (As of Jun. 20, 2024)


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What is Deco-Mica Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Deco-Mica's current share price is ₹103.35. Deco-Mica's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹161.35. Deco-Mica's Cyclically Adjusted PS Ratio for today is 0.64.

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

BOM:531227' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.26   Max: 0.65
Current: 0.65

During the past years, Deco-Mica's highest Cyclically Adjusted PS Ratio was 0.65. The lowest was 0.07. And the median was 0.26.

BOM:531227's Cyclically Adjusted PS Ratio is ranked worse than
55.02% of 249 companies
in the Forest Products industry
Industry Median: 0.58 vs BOM:531227: 0.65

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.

Deco-Mica's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹63.907. 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 ₹161.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deco-Mica Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Deco-Mica'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.

Deco-Mica Cyclically Adjusted PS Ratio Chart

Deco-Mica 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 - 0.19 0.29 0.38 0.37

Deco-Mica 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 0.38 0.48 0.40 0.41 0.37

Competitive Comparison of Deco-Mica's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Deco-Mica'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.


Deco-Mica's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Deco-Mica's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Deco-Mica's Cyclically Adjusted PS Ratio falls into.



Deco-Mica 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.

Deco-Mica's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=103.35/161.35
=0.64

* 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.

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

For example, Deco-Mica'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)
=63.907/153.0345*153.0345
=63.907

Current CPI (Mar. 2024) = 153.0345.

Deco-Mica Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 22.138 94.103 36.002
201409 29.647 96.780 46.879
201412 29.680 96.780 46.932
201503 26.839 97.163 42.272
201506 24.867 99.841 38.116
201509 25.397 101.753 38.196
201512 22.080 102.901 32.837
201603 22.867 102.518 34.135
201606 19.595 105.961 28.300
201609 16.887 105.961 24.389
201612 16.596 105.196 24.143
201703 21.190 105.196 30.826
201706 25.219 107.109 36.032
201709 39.101 109.021 54.886
201712 27.598 109.404 38.604
201803 29.572 109.786 41.221
201806 30.141 111.317 41.437
201809 32.589 115.142 43.314
201812 31.631 115.142 42.041
201903 26.292 118.202 34.040
201906 24.150 120.880 30.574
201909 28.646 123.175 35.590
201912 27.948 126.235 33.881
202003 34.349 124.705 42.152
202006 17.299 127.000 20.845
202009 31.510 130.118 37.060
202012 37.169 130.889 43.458
202103 39.741 131.771 46.154
202106 28.778 134.084 32.845
202109 43.841 135.847 49.388
202112 46.327 138.161 51.314
202203 48.394 138.822 53.349
202206 46.979 142.347 50.506
202209 53.587 144.661 56.689
202212 43.326 145.763 45.487
202303 42.485 146.865 44.270
202306 38.948 150.280 39.662
202309 44.032 151.492 44.480
202312 37.298 152.924 37.325
202403 63.907 153.035 63.907

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.


Deco-Mica  (BOM:531227) 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.


Deco-Mica Cyclically Adjusted PS Ratio Related Terms

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


Deco-Mica (BOM:531227) Business Description

Traded in Other Exchanges
N/A
Address
Iscon Mall, Jodhpur Cross Road, 306, 3rd Floor, Star Bazar Building, Satellite, Ahmedabad, GJ, IND, 380015
Deco-Mica Ltd is an Indian-based company. It is principally engaged in the manufacturing business of decorative laminated sheets, Cut pieces, Industrial Insulator Boards, and Trading of goods. The company operates in the Indian markets as well as exports overseas to other countries. Geographically, it derives a majority of revenue from India.

Deco-Mica (BOM:531227) Headlines

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