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Arcotech (BOM:532914) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is Arcotech Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arcotech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Arcotech'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.

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Arcotech Cyclically Adjusted PS Ratio Chart

Arcotech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
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Arcotech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Arcotech's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Arcotech'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.


Arcotech's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Arcotech's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Arcotech 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.

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

For example, Arcotech'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)
=0/153.0345*153.0345
=0.000

Current CPI (Mar. 2024) = 153.0345.

Arcotech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.152 94.103 19.762
201409 14.584 96.780 23.061
201412 17.114 96.780 27.062
201503 18.606 97.163 29.305
201506 15.412 99.841 23.623
201509 17.306 101.753 26.028
201512 15.923 102.901 23.681
201603 20.680 102.518 30.870
201606 13.721 105.961 19.817
201609 16.048 105.961 23.177
201612 15.719 105.196 22.867
201703 24.067 105.196 35.012
201706 15.672 107.109 22.392
201709 16.354 109.021 22.956
201712 19.853 109.404 27.770
201803 20.800 109.786 28.994
201806 14.561 111.317 20.018
201809 12.117 115.142 16.105
201812 11.155 115.142 14.826
201903 5.000 118.202 6.473
201906 3.856 120.880 4.882
201909 2.879 123.175 3.577
201912 0.261 126.235 0.316
202003 0.185 124.705 0.227
202006 0.000 127.000 0.000
202009 0.680 130.118 0.800
202012 1.779 130.889 2.080
202103 2.533 131.771 2.942
202106 3.116 134.084 3.556
202109 0.000 135.847 0.000
202112 0.361 138.161 0.400
202203 2.684 138.822 2.959
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000
202403 0.000 153.035 0.000

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.


Arcotech  (BOM:532914) 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.


Arcotech Cyclically Adjusted PS Ratio Related Terms

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Arcotech (BOM:532914) Business Description

Traded in Other Exchanges
N/A
Address
181, Sector-3, Industrial Growth Centre, District Rewari, Bawal, HR, IND, 123501
Arcotech Ltd is an Indian engineering company engaged in manufacturing non-ferrous metals. It manufactures copper and copper alloys like brass, phosphor bronze, leaded brass, and cupro-nickel in the form of strips, foils, sheets, ingots, rods, profiles, and bus bars. It has a single operating segment of manufacturing non-ferrous semis. The company manufactures packaging products from aluminum. The organization generates maximum revenue from the sale of its non-ferrous metals.

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