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Astra Microwave Products (BOM:532493) Cyclically Adjusted PS Ratio : 10.08 (As of Jun. 03, 2024)


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What is Astra Microwave Products Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Astra Microwave Products's current share price is ₹863.65. Astra Microwave Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹85.65. Astra Microwave Products's Cyclically Adjusted PS Ratio for today is 10.08.

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

BOM:532493' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.6   Med: 4.3   Max: 10.08
Current: 10.08

During the past years, Astra Microwave Products's highest Cyclically Adjusted PS Ratio was 10.08. The lowest was 2.60. And the median was 4.30.

BOM:532493's Cyclically Adjusted PS Ratio is ranked worse than
96.46% of 1921 companies
in the Hardware industry
Industry Median: 1.1 vs BOM:532493: 10.08

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.

Astra Microwave Products's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹37.304. 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 ₹85.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Astra Microwave Products Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Astra Microwave Products'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.

Astra Microwave Products Cyclically Adjusted PS Ratio Chart

Astra Microwave Products 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 - - 3.04 2.81 6.96

Astra Microwave Products 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 2.81 4.52 5.23 7.17 6.96

Competitive Comparison of Astra Microwave Products's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Astra Microwave Products'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.


Astra Microwave Products's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Astra Microwave Products's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Astra Microwave Products's Cyclically Adjusted PS Ratio falls into.



Astra Microwave Products 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.

Astra Microwave Products's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=863.65/85.65
=10.08

* 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.

Astra Microwave Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Astra Microwave Products'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)
=37.304/153.0345*153.0345
=37.304

Current CPI (Mar. 2024) = 153.0345.

Astra Microwave Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 2.188 79.567 4.208
201209 4.707 82.244 8.758
201212 6.099 83.774 11.141
201303 14.805 85.687 26.441
201306 4.467 88.365 7.736
201309 14.116 91.042 23.728
201312 22.443 91.425 37.567
201403 23.870 91.425 39.956
201406 22.911 94.103 37.259
201409 23.240 96.780 36.748
201412 18.063 96.780 28.562
201503 13.126 97.163 20.674
201506 12.166 99.841 18.648
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 6.316 111.317 8.683
201809 5.196 115.142 6.906
201812 8.670 115.142 11.523
201903 13.696 118.202 17.732
201906 3.649 120.880 4.620
201909 12.737 123.175 15.825
201912 17.395 126.235 21.088
202003 20.148 124.705 24.725
202006 11.427 127.000 13.769
202009 12.707 130.118 14.945
202012 20.909 130.889 24.447
202103 29.183 131.771 33.892
202106 14.920 134.084 17.029
202109 20.748 135.847 23.373
202112 23.398 138.161 25.917
202203 27.528 138.822 30.346
202206 18.805 142.347 20.217
202209 20.173 144.661 21.341
202212 25.467 145.763 26.737
202303 29.819 146.865 31.072
202306 14.493 150.280 14.759
202309 20.011 151.492 20.215
202312 24.338 152.924 24.356
202403 37.304 153.035 37.304

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.


Astra Microwave Products  (BOM:532493) 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.


Astra Microwave Products Cyclically Adjusted PS Ratio Related Terms

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


Astra Microwave Products (BOM:532493) Business Description

Traded in Other Exchanges
Address
Astra Towers, Survey No.12 (Part), Kothaguda Post, Opp. CII Green Building, Kondapur, Hitech City, Hyderabad, TG, IND, 500038
Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.

Astra Microwave Products (BOM:532493) Headlines

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