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Metal Coatings (India) (BOM:531810) Cyclically Adjusted PS Ratio : 0.39 (As of Jun. 21, 2024)


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What is Metal Coatings (India) Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Metal Coatings (India)'s current share price is ₹83.99. Metal Coatings (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹213.49. Metal Coatings (India)'s Cyclically Adjusted PS Ratio for today is 0.39.

The historical rank and industry rank for Metal Coatings (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:531810' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.3   Max: 0.51
Current: 0.39

During the past years, Metal Coatings (India)'s highest Cyclically Adjusted PS Ratio was 0.51. The lowest was 0.11. And the median was 0.30.

BOM:531810's Cyclically Adjusted PS Ratio is ranked better than
56% of 525 companies
in the Steel industry
Industry Median: 0.47 vs BOM:531810: 0.39

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.

Metal Coatings (India)'s adjusted revenue per share data for the three months ended in Mar. 2024 was ₹59.626. 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 ₹213.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metal Coatings (India) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Metal Coatings (India)'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.

Metal Coatings (India) Cyclically Adjusted PS Ratio Chart

Metal Coatings (India) 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 - 0.13 0.21 0.40 0.38

Metal Coatings (India) 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 0.40 0.48 0.44 0.44 0.38

Competitive Comparison of Metal Coatings (India)'s Cyclically Adjusted PS Ratio

For the Steel subindustry, Metal Coatings (India)'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.


Metal Coatings (India)'s Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Metal Coatings (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Metal Coatings (India)'s Cyclically Adjusted PS Ratio falls into.



Metal Coatings (India) 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.

Metal Coatings (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=83.99/213.49
=0.39

* 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.

Metal Coatings (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Metal Coatings (India)'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)
=59.626/153.0345*153.0345
=59.626

Current CPI (Mar. 2024) = 153.0345.

Metal Coatings (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 43.530 94.103 70.791
201409 40.198 96.780 63.563
201412 37.748 96.780 59.689
201503 34.504 97.163 54.345
201506 32.028 99.841 49.092
201509 30.272 101.753 45.528
201512 29.470 102.901 43.828
201603 33.324 102.518 49.745
201606 28.819 105.961 41.622
201609 28.772 105.961 41.554
201612 35.272 105.196 51.312
201703 32.358 105.196 47.073
201706 34.811 107.109 49.737
201709 34.392 109.021 48.276
201712 35.432 109.404 49.562
201803 37.890 109.786 52.816
201806 50.991 111.317 70.101
201809 53.178 115.142 70.679
201812 54.348 115.142 72.234
201903 49.158 118.202 63.644
201906 50.417 120.880 63.828
201909 38.805 123.175 48.212
201912 39.410 126.235 47.777
202003 34.622 124.705 42.487
202006 5.332 127.000 6.425
202009 31.505 130.118 37.054
202012 42.560 130.889 49.761
202103 48.985 131.771 56.890
202106 35.256 134.084 40.239
202109 44.570 135.847 50.209
202112 52.908 138.161 58.604
202203 56.172 138.822 61.923
202206 67.794 142.347 72.884
202209 54.016 144.661 57.143
202212 51.231 145.763 53.787
202303 58.581 146.865 61.042
202306 53.894 150.280 54.882
202309 58.679 151.492 59.276
202312 57.648 152.924 57.690
202403 59.626 153.035 59.626

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.


Metal Coatings (India)  (BOM:531810) 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.


Metal Coatings (India) Cyclically Adjusted PS Ratio Related Terms

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


Metal Coatings (India) (BOM:531810) Business Description

Traded in Other Exchanges
N/A
Address
912, Hemkunt Chambers, 89, Nehru Place, New Delhi, IND, 110019
Metal Coatings (India) Ltd is an Indian based company engaged in the manufacturing and sale of steel products. Its products include cold rolled steel strips, hot rolled pickled oiled coils/strips, cold rolled flat wire strips, and galvanized wire and galvanized strips. These products are used by a wide range of user industries such as auto component, white goods and electrical equipment, and others.

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