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Aries Agro (BOM:532935) Cyclically Adjusted PS Ratio : 0.74 (As of Jun. 17, 2024)


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What is Aries Agro Cyclically Adjusted PS Ratio?

As of today (2024-06-17), Aries Agro's current share price is ₹245.40. Aries Agro's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹332.93. Aries Agro's Cyclically Adjusted PS Ratio for today is 0.74.

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

BOM:532935' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.52   Max: 0.9
Current: 0.74

During the past years, Aries Agro's highest Cyclically Adjusted PS Ratio was 0.90. The lowest was 0.38. And the median was 0.52.

BOM:532935's Cyclically Adjusted PS Ratio is ranked better than
66.17% of 201 companies
in the Agriculture industry
Industry Median: 1.09 vs BOM:532935: 0.74

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.

Aries Agro's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹81.312. 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 ₹332.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aries Agro Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aries Agro'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.

Aries Agro Cyclically Adjusted PS Ratio Chart

Aries Agro 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 - - 0.46 0.47 0.73

Aries Agro 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 0.47 0.50 0.54 0.61 0.73

Competitive Comparison of Aries Agro's Cyclically Adjusted PS Ratio

For the Agricultural Inputs subindustry, Aries Agro'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.


Aries Agro's Cyclically Adjusted PS Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Aries Agro's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aries Agro 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.

Aries Agro's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=245.40/332.93
=0.74

* 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.

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

For example, Aries Agro'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)
=81.312/153.0345*153.0345
=81.312

Current CPI (Mar. 2024) = 153.0345.

Aries Agro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 39.460 94.103 64.172
201409 62.316 96.780 98.537
201412 60.824 96.780 96.178
201503 71.841 97.163 113.152
201506 46.111 99.841 70.678
201509 43.628 101.753 65.615
201512 67.274 102.901 100.050
201603 45.832 102.518 68.416
201606 41.747 105.961 60.293
201609 57.700 105.961 83.333
201612 50.615 105.196 73.632
201703 44.278 105.196 64.414
201706 44.290 107.109 63.281
201709 69.396 109.021 97.412
201712 74.697 109.404 104.486
201803 35.702 109.786 49.766
201806 43.286 111.317 59.508
201809 62.370 115.142 82.896
201812 55.937 115.142 74.346
201903 42.470 118.202 54.985
201906 49.519 120.880 62.691
201909 71.254 123.175 88.527
201912 64.291 126.235 77.940
202003 42.684 124.705 52.381
202006 66.610 127.000 80.265
202009 91.238 130.118 107.307
202012 82.385 130.889 96.324
202103 53.146 131.771 61.722
202106 77.090 134.084 87.985
202109 97.430 135.847 109.757
202112 96.844 138.161 107.270
202203 63.327 138.822 69.810
202206 85.525 142.347 91.946
202209 103.609 144.661 109.606
202212 101.461 145.763 106.523
202303 71.190 146.865 74.181
202306 82.383 150.280 83.893
202309 120.454 151.492 121.680
202312 112.907 152.924 112.988
202403 81.312 153.035 81.312

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.


Aries Agro  (BOM:532935) 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.


Aries Agro Cyclically Adjusted PS Ratio Related Terms

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


Aries Agro (BOM:532935) Business Description

Traded in Other Exchanges
Address
Aries House, Plot Number 24, Deonar, Govandi (East), Mumbai, MH, IND, 400043
Aries Agro Ltd is involved in the business of manufacturing of micronutrients and other customized nutritional products for plants and animals. The organization has only one business segment, Agri inputs. The company also deals in Veterinary products on a small scale. It has also started dealing and manufacturing Soluble fertilizers and Sulphur based fertilizers. Some of the products produced by the company are agromin soil application, ASA max powder, ASA granules, Chelamin, macrofert, chelacop, and fishmin.

Aries Agro (BOM:532935) Headlines

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