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Shalimar Wires Industries (BOM:532455) Cyclically Adjusted PS Ratio : 0.65 (As of Jun. 01, 2024)


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What is Shalimar Wires Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Shalimar Wires Industries's current share price is ₹21.79. Shalimar Wires Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹33.78. Shalimar Wires Industries's Cyclically Adjusted PS Ratio for today is 0.65.

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

BOM:532455' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.31   Max: 0.81
Current: 0.63

During the past years, Shalimar Wires Industries's highest Cyclically Adjusted PS Ratio was 0.81. The lowest was 0.06. And the median was 0.31.

BOM:532455's Cyclically Adjusted PS Ratio is ranked worse than
54% of 250 companies
in the Forest Products industry
Industry Median: 0.58 vs BOM:532455: 0.63

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.

Shalimar Wires Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹7.550. 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 ₹33.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shalimar Wires Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shalimar Wires Industries'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.

Shalimar Wires Industries Cyclically Adjusted PS Ratio Chart

Shalimar Wires Industries 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 - 0.08 0.26 0.32 0.62

Shalimar Wires Industries 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 0.32 0.57 0.58 0.78 0.62

Competitive Comparison of Shalimar Wires Industries's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Shalimar Wires Industries'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.


Shalimar Wires Industries's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shalimar Wires Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shalimar Wires Industries's Cyclically Adjusted PS Ratio falls into.



Shalimar Wires Industries 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.

Shalimar Wires Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.79/33.78
=0.65

* 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.

Shalimar Wires Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shalimar Wires Industries'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)
=7.55/153.0345*153.0345
=7.550

Current CPI (Mar. 2024) = 153.0345.

Shalimar Wires Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.691 94.103 10.881
201409 6.463 96.780 10.220
201412 5.729 96.780 9.059
201503 6.240 97.163 9.828
201506 6.978 99.841 10.696
201509 6.350 101.753 9.550
201512 8.775 102.901 13.050
201603 6.815 102.518 10.173
201606 7.316 105.961 10.566
201609 6.682 105.961 9.650
201612 6.352 105.196 9.241
201703 7.128 105.196 10.369
201706 6.750 107.109 9.644
201709 6.404 109.021 8.989
201712 7.142 109.404 9.990
201803 6.384 109.786 8.899
201806 7.375 111.317 10.139
201809 6.434 115.142 8.551
201812 6.615 115.142 8.792
201903 7.413 118.202 9.598
201906 7.272 120.880 9.206
201909 7.772 123.175 9.656
201912 5.579 126.235 6.763
202003 5.421 124.705 6.652
202006 3.266 127.000 3.936
202009 5.321 130.118 6.258
202012 5.558 130.889 6.498
202103 6.491 131.771 7.538
202106 5.204 134.084 5.939
202109 5.652 135.847 6.367
202112 5.661 138.161 6.270
202203 6.086 138.822 6.709
202206 5.449 142.347 5.858
202209 7.086 144.661 7.496
202212 7.102 145.763 7.456
202303 7.186 146.865 7.488
202306 7.402 150.280 7.538
202309 7.693 151.492 7.771
202312 6.940 152.924 6.945
202403 7.550 153.035 7.550

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.


Shalimar Wires Industries  (BOM:532455) 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.


Shalimar Wires Industries Cyclically Adjusted PS Ratio Related Terms

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


Shalimar Wires Industries (BOM:532455) Business Description

Traded in Other Exchanges
N/A
Address
25, Ganesh Chandra Avenue, 2nd Floor, Kolkata, WB, IND, 700013
Shalimar Wires Industries Ltd manufactures paper mill products. Its products portfolio includes Forming Fabric, Metallic Wire Cloth, Dandy Roll. It also manufactures coated Edm wires and Plain Edm wires. Its segments are Paper Mill Product and EDM Wire. The majority of the revenue is derived from the sale of paper mill products.

Shalimar Wires Industries (BOM:532455) Headlines

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