SELECT * FROM `stock_list` where symbol='531746' AND exchange = 'BOM' ORDER BY delisted ASC limit 0,1
SELECT * FROM `stock_list` where symbol='531746' AND exchange = 'BOM' ORDER BY delisted ASC limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "531746" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) ORDER BY delisted ASC limit 0,1 Prajay Engineers Syndicate (BOM:531746) Cyclically Adjusted
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prajay Engineers Syndicate Ltd (BOM:531746) » Definitions » Cyclically Adjusted PS Ratio

Prajay Engineers Syndicate (BOM:531746) Cyclically Adjusted PS Ratio : 2.39 (As of May. 01, 2024)


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What is Prajay Engineers Syndicate Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Prajay Engineers Syndicate's current share price is ₹29.00. Prajay Engineers Syndicate's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹12.11. Prajay Engineers Syndicate's Cyclically Adjusted PS Ratio for today is 2.39.

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

BOM:531746' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.7   Max: 2.34
Current: 2.34

During the past 13 years, Prajay Engineers Syndicate's highest Cyclically Adjusted PS Ratio was 2.34. The lowest was 0.34. And the median was 0.70.

BOM:531746's Cyclically Adjusted PS Ratio is ranked worse than
57.65% of 1360 companies
in the Real Estate industry
Industry Median: 1.725 vs BOM:531746: 2.34

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.

Prajay Engineers Syndicate's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹4.265. 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 ₹12.11 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prajay Engineers Syndicate Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Prajay Engineers Syndicate'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.

Prajay Engineers Syndicate Cyclically Adjusted PS Ratio Chart

Prajay Engineers Syndicate Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.33 0.59 1.23 0.84

Prajay Engineers Syndicate Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.84 - - -

Competitive Comparison of Prajay Engineers Syndicate's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Prajay Engineers Syndicate'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.


Prajay Engineers Syndicate's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prajay Engineers Syndicate's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Prajay Engineers Syndicate's Cyclically Adjusted PS Ratio falls into.



Prajay Engineers Syndicate 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.

Prajay Engineers Syndicate's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.00/12.11
=2.39

* 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.

Prajay Engineers Syndicate's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Prajay Engineers Syndicate's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=4.265/146.8646*146.8646
=4.265

Current CPI (Mar23) = 146.8646.

Prajay Engineers Syndicate Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 9.586 91.425 15.399
201503 15.607 97.163 23.590
201603 13.234 102.518 18.959
201703 9.807 105.196 13.692
201803 5.893 109.786 7.883
201903 6.989 118.202 8.684
202003 7.156 124.705 8.428
202103 5.486 131.771 6.114
202203 13.305 138.822 14.076
202303 4.265 146.865 4.265

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.


Prajay Engineers Syndicate  (BOM:531746) 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.


Prajay Engineers Syndicate Cyclically Adjusted PS Ratio Related Terms

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Prajay Engineers Syndicate (BOM:531746) Business Description

Traded in Other Exchanges
Address
Prajay Corporate House, 1-10-63 and 64, 5th Floor, Chikoti Gardens, Begumpet, Hyderabad, TG, IND, 500016
Prajay Engineers Syndicate Ltd is a real estate company. Its operating segment includes the Real estate segment and Hospitality Hotels and Resorts. It generates maximum revenue from the Real estate segment which is into development, sale, management, and operation of all or any part of townships, housing projects as well as leasing of self-owned commercial premises. The hotels and Resorts Segment (HR) is into upkeep and maintenance of Hotels, Restaurants, and Resorts. Geographically, it operates only in India.

Prajay Engineers Syndicate (BOM:531746) Headlines

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