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Poly Medicure (BOM:531768) Cyclically Adjusted PS Ratio : 27.41 (As of Dec. 12, 2024)


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What is Poly Medicure Cyclically Adjusted PS Ratio?

As of today (2024-12-12), Poly Medicure's current share price is ₹2945.50. Poly Medicure's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ₹107.47. Poly Medicure's Cyclically Adjusted PS Ratio for today is 27.41.

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

BOM:531768' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 21.8   Med: 25.09   Max: 29.43
Current: 27.64

During the past years, Poly Medicure's highest Cyclically Adjusted PS Ratio was 29.43. The lowest was 21.80. And the median was 25.09.

BOM:531768's Cyclically Adjusted PS Ratio is ranked worse than
96.57% of 437 companies
in the Medical Devices & Instruments industry
Industry Median: 2.37 vs BOM:531768: 27.64

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.

Poly Medicure's adjusted revenue per share data for the three months ended in Sep. 2024 was ₹43.272. 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 ₹107.47 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Poly Medicure Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Poly Medicure'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.

Poly Medicure Cyclically Adjusted PS Ratio Chart

Poly Medicure Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
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Poly Medicure Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - 21.55

Competitive Comparison of Poly Medicure's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Poly Medicure'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.


Poly Medicure's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Poly Medicure 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.

Poly Medicure's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2945.50/107.47
=27.41

* 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.

Poly Medicure's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Poly Medicure's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=43.272/157.8822*157.8822
=43.272

Current CPI (Sep. 2024) = 157.8822.

Poly Medicure Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201206 6.423 79.567 12.745
201209 6.956 82.244 13.353
201212 6.952 83.774 13.102
201303 8.595 85.687 15.837
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201712 14.373 109.404 20.742
201803 15.626 109.786 22.472
201806 15.105 111.317 21.424
201809 17.015 115.142 23.331
201812 17.536 115.142 24.045
201903 17.213 118.202 22.991
201906 18.276 120.880 23.870
201909 19.714 123.175 25.269
201912 20.412 126.235 25.529
202003 17.362 124.705 21.981
202006 19.327 127.000 24.027
202009 22.580 130.118 27.398
202012 22.998 130.889 27.741
202103 21.962 131.771 26.314
202106 22.100 134.084 26.022
202109 23.251 135.847 27.022
202112 24.017 138.161 27.445
202203 26.178 138.822 29.772
202206 25.935 142.347 28.765
202209 28.607 144.661 31.221
202212 29.616 145.763 32.078
202303 31.307 146.865 33.656
202306 33.416 150.280 35.106
202309 35.091 151.492 36.571
202312 35.362 152.924 36.508
202403 38.364 153.035 39.579
202406 40.068 155.789 40.606
202409 43.272 157.882 43.272

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.


Poly Medicure  (BOM:531768) 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.


Poly Medicure Cyclically Adjusted PS Ratio Related Terms

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


Poly Medicure Business Description

Traded in Other Exchanges
Address
Okhla Industrial Estate, 232-B, 3rd Floor, Phase III, New Delhi, IND, 110020
Poly Medicure Ltd engages in the manufacturing and sale of medical devices. It offers disposable medical devices for infusion therapy, blood management, gastroenterology, vascular access, surgery and wound drainage, anesthesia, and urology. Some of its products include Ventilator Circuit Combo Kits, Bain Circuits, Safety Introducer Needles, High-Pressure Vaccum Bottle-Triplet, Catheters, and others. Geographically, it derives a majority of its revenue from exports. The company operates under one segment namely Medical Devices.

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