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Centenial Surgical Suture (BOM:531380) Cyclically Adjusted PS Ratio : 0.67 (As of Jun. 20, 2024)


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What is Centenial Surgical Suture Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Centenial Surgical Suture's current share price is ₹119.50. Centenial Surgical Suture's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹177.86. Centenial Surgical Suture's Cyclically Adjusted PS Ratio for today is 0.67.

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

BOM:531380' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.31   Max: 0.84
Current: 0.67

During the past years, Centenial Surgical Suture's highest Cyclically Adjusted PS Ratio was 0.84. The lowest was 0.16. And the median was 0.31.

BOM:531380's Cyclically Adjusted PS Ratio is ranked better than
80.79% of 479 companies
in the Medical Devices & Instruments industry
Industry Median: 2.12 vs BOM:531380: 0.67

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.

Centenial Surgical Suture's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹33.194. 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 ₹177.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Centenial Surgical Suture Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Centenial Surgical Suture'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.

Centenial Surgical Suture Cyclically Adjusted PS Ratio Chart

Centenial Surgical Suture 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 - 0.23 0.33 0.34 0.51

Centenial Surgical Suture 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 0.34 0.40 0.70 0.56 0.51

Competitive Comparison of Centenial Surgical Suture's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Centenial Surgical Suture'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.


Centenial Surgical Suture's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Centenial Surgical Suture's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Centenial Surgical Suture's Cyclically Adjusted PS Ratio falls into.



Centenial Surgical Suture 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.

Centenial Surgical Suture's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=119.50/177.86
=0.67

* 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.

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

For example, Centenial Surgical Suture'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)
=33.194/153.0345*153.0345
=33.194

Current CPI (Mar. 2024) = 153.0345.

Centenial Surgical Suture Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 37.270 94.103 60.610
201409 35.880 96.780 56.735
201412 35.285 96.780 55.795
201503 33.472 97.163 52.719
201506 37.181 99.841 56.991
201509 34.112 101.753 51.304
201512 35.900 102.901 53.391
201603 33.581 102.518 50.128
201606 39.916 105.961 57.649
201609 33.729 105.961 48.713
201612 35.535 105.196 51.695
201703 34.452 105.196 50.119
201706 41.385 107.109 59.130
201709 34.941 109.021 49.047
201712 37.194 109.404 52.027
201803 31.177 109.786 43.459
201806 40.192 111.317 55.255
201809 38.821 115.142 51.597
201812 36.958 115.142 49.121
201903 37.360 118.202 48.369
201906 39.236 120.880 49.673
201909 38.859 123.175 48.279
201912 36.102 126.235 43.766
202003 38.223 124.705 46.906
202006 16.405 127.000 19.768
202009 22.304 130.118 26.232
202012 22.384 130.889 26.171
202103 40.187 131.771 46.672
202106 23.290 134.084 26.582
202109 32.763 135.847 36.908
202112 33.738 138.161 37.370
202203 32.131 138.822 35.421
202206 37.066 142.347 39.849
202209 35.583 144.661 37.643
202212 35.821 145.763 37.608
202303 23.247 146.865 24.224
202306 37.463 150.280 38.150
202309 36.028 151.492 36.395
202312 33.948 152.924 33.972
202403 33.194 153.035 33.194

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.


Centenial Surgical Suture  (BOM:531380) 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.


Centenial Surgical Suture Cyclically Adjusted PS Ratio Related Terms

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


Centenial Surgical Suture (BOM:531380) Business Description

Traded in Other Exchanges
N/A
Address
F-29, MIDC, Murbad, Thane, MH, IND, 421401
Centenial Surgical Suture Ltd is an India-based company engaged in manufacturing, marketing, and selling quality atraumatic needles and sutures; absorbable - synthetic/natural (catgut plain and chromic); non-absorbable sutures; and other medical devices approved and licensed by Food and Drug Administration (FDA). The company's only segment is manufacturing and sale of Medical Devices. The company sells its products in India and also exports internationally; generating a vast majority of the revenue within India.

Centenial Surgical Suture (BOM:531380) Headlines

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