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Page Industries (BOM:532827) Cyclically Adjusted PS Ratio : 10.89 (As of May. 01, 2024)


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What is Page Industries Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Page Industries's current share price is ₹34781.70. Page Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹3,192.52. Page Industries's Cyclically Adjusted PS Ratio for today is 10.89.

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

BOM:532827' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.23   Med: 13.1   Max: 20.45
Current: 11.03

During the past years, Page Industries's highest Cyclically Adjusted PS Ratio was 20.45. The lowest was 8.23. And the median was 13.10.

BOM:532827's Cyclically Adjusted PS Ratio is ranked worse than
97.89% of 852 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.62 vs BOM:532827: 11.03

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.

Page Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹1,101.640. 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 ₹3,192.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Page Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Page 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.

Page Industries Cyclically Adjusted PS Ratio Chart

Page Industries 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 13.65 8.44 14.04 17.65 13.18

Page Industries 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 15.27 13.18 12.51 12.61 12.06

Competitive Comparison of Page Industries's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, Page 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.


Page Industries's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Page Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Page 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34781.70/3192.52
=10.89

* 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.

Page Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Page Industries's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1101.64/153.2548*153.2548
=1,101.640

Current CPI (Dec. 2023) = 153.2548.

Page Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 250.822 91.425 420.451
201406 338.830 94.103 551.816
201409 347.398 96.780 550.116
201412 337.623 96.780 534.637
201503 333.509 97.163 526.043
201506 398.393 99.841 611.531
201509 414.403 101.753 624.149
201512 393.834 102.901 586.554
201603 394.931 102.518 590.383
201606 509.791 105.961 737.326
201609 479.143 105.961 692.999
201612 473.645 105.196 690.030
201703 445.906 105.196 649.618
201706 624.202 107.109 893.130
201709 560.970 109.021 788.573
201712 556.780 109.404 779.947
201803 545.500 109.786 761.483
201806 730.916 111.317 1,006.287
201809 619.347 115.142 824.356
201812 661.935 115.142 881.041
201903 505.026 118.202 654.791
201906 748.573 120.880 949.062
201909 695.198 123.175 864.968
201912 711.762 126.235 864.108
202003 439.024 124.705 539.533
202006 255.361 127.000 308.151
202009 663.713 130.118 781.731
202012 831.147 130.889 973.169
202103 733.403 131.771 852.979
202106 449.849 134.084 514.166
202109 971.858 135.847 1,096.394
202112 1,066.706 138.161 1,183.244
202203 851.677 138.822 940.224
202206 1,202.499 142.347 1,294.641
202209 1,101.134 144.661 1,166.548
202212 1,075.854 145.763 1,131.151
202303 818.367 146.865 853.975
202306 1,111.738 150.280 1,133.744
202309 1,008.728 151.492 1,020.466
202312 1,101.640 153.255 1,101.640

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.


Page Industries  (BOM:532827) 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.


Page Industries Cyclically Adjusted PS Ratio Related Terms

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


Page Industries (BOM:532827) Business Description

Traded in Other Exchanges
Address
Outer Ring Road, Umiya Business Bay, 7th Floor, Tower-1, Cessna Business Park, Kadubeesanahalli, Varthur Hobli, Bangalore, KA, IND, 560103
Page Industries Ltd is the exclusive licensee for the manufacture, marketing, and distribution of Jockey- and Speedo-branded apparel in India. The company also has the rights to Jockey in Sri Lanka, Bangladesh, Nepal, and the United Arab Emirates. Sales of innerwear and leisurewear products contribute Most of the company's revenue. Swimwear and other items make up the remaining revenue. The company sells its products through exclusive brand stores, some of which are run by franchisees, large-format stores, multibrand stores, and its e-commerce channel. Most of the company's sales are in India.

Page Industries (BOM:532827) Headlines

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