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Maan Aluminium (BOM:532906) Cyclically Adjusted PS Ratio : 1.28 (As of May. 14, 2024)


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What is Maan Aluminium Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Maan Aluminium's current share price is ₹143.80. Maan Aluminium's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹112.09. Maan Aluminium's Cyclically Adjusted PS Ratio for today is 1.28.

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

BOM:532906' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.49   Max: 1.4
Current: 1.3

During the past years, Maan Aluminium's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.19. And the median was 0.49.

BOM:532906's Cyclically Adjusted PS Ratio is ranked better than
50.51% of 588 companies
in the Metals & Mining industry
Industry Median: 1.32 vs BOM:532906: 1.30

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.

Maan Aluminium's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹39.503. 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 ₹112.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maan Aluminium Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Maan Aluminium'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.

Maan Aluminium Cyclically Adjusted PS Ratio Chart

Maan Aluminium 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 - - 0.27 0.42 0.45

Maan Aluminium 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 0.45 0.45 0.83 0.80 1.26

Competitive Comparison of Maan Aluminium's Cyclically Adjusted PS Ratio

For the Aluminum subindustry, Maan Aluminium'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.


Maan Aluminium's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Maan Aluminium's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Maan Aluminium 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.

Maan Aluminium's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=143.80/112.09
=1.28

* 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.

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

For example, Maan Aluminium'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)
=39.503/153.2548*153.2548
=39.503

Current CPI (Dec. 2023) = 153.2548.

Maan Aluminium Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.351 91.425 8.970
201406 4.404 94.103 7.172
201409 5.029 96.780 7.964
201412 4.609 96.780 7.298
201503 6.966 97.163 10.987
201506 4.864 99.841 7.466
201509 10.264 101.753 15.459
201512 6.201 102.901 9.235
201603 14.097 102.518 21.074
201606 19.622 105.961 28.380
201609 19.288 105.961 27.897
201612 13.145 105.196 19.150
201703 12.439 105.196 18.122
201706 50.595 107.109 72.393
201709 18.224 109.021 25.618
201712 19.112 109.404 26.772
201803 20.168 109.786 28.153
201806 19.452 111.317 26.781
201809 35.696 115.142 47.512
201812 27.376 115.142 36.438
201903 37.952 118.202 49.207
201906 25.110 120.880 31.835
201909 30.232 123.175 37.615
201912 23.280 126.235 28.263
202003 18.213 124.705 22.383
202006 9.226 127.000 11.133
202009 17.258 130.118 20.327
202012 17.848 130.889 20.898
202103 30.123 131.771 35.034
202106 22.341 134.084 25.535
202109 29.253 135.847 33.002
202112 30.413 138.161 33.736
202203 23.878 138.822 26.361
202206 32.004 142.347 34.456
202209 34.767 144.661 36.832
202212 35.054 145.763 36.856
202303 48.510 146.865 50.621
202306 38.357 150.280 39.116
202309 54.713 151.492 55.350
202312 39.503 153.255 39.503

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.


Maan Aluminium  (BOM:532906) 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.


Maan Aluminium Cyclically Adjusted PS Ratio Related Terms

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


Maan Aluminium (BOM:532906) Business Description

Traded in Other Exchanges
Address
Asaf Ali Road, Building No. 4/5, 1st Floor, New Delhi, IND, 110002
Maan Aluminium Ltd manufactures and supplies Aluminum Extruded Products in India. It is engaged in the manufacturing of aluminium profiles, aluminium ingots, aluminium billets, and other related activities. Some of its products include Bars, Channels, I Beems, Angels, Tee, Tubes, Doors & Windows, Curtainwall, Glazing, Tower Bolts, and Handles.

Maan Aluminium (BOM:532906) Headlines

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