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Bhilwara Technical Textiles (BOM:533108) Cyclically Adjusted PS Ratio : 24.95 (As of Jun. 19, 2024)


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What is Bhilwara Technical Textiles Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Bhilwara Technical Textiles's current share price is ₹53.40. Bhilwara Technical Textiles's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹2.14. Bhilwara Technical Textiles's Cyclically Adjusted PS Ratio for today is 24.95.

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

BOM:533108' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.93   Med: 11.64   Max: 23.66
Current: 23.64

During the past years, Bhilwara Technical Textiles's highest Cyclically Adjusted PS Ratio was 23.66. The lowest was 6.93. And the median was 11.64.

BOM:533108's Cyclically Adjusted PS Ratio is ranked worse than
99.2% of 875 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.66 vs BOM:533108: 23.64

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.

Bhilwara Technical Textiles's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹0.704. 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 ₹2.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bhilwara Technical Textiles Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bhilwara Technical Textiles'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.

Bhilwara Technical Textiles Cyclically Adjusted PS Ratio Chart

Bhilwara Technical Textiles 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 - - 11.56 6.93 18.05

Bhilwara Technical Textiles 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 6.93 8.96 13.86 18.32 18.05

Competitive Comparison of Bhilwara Technical Textiles's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Bhilwara Technical Textiles'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.


Bhilwara Technical Textiles's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Bhilwara Technical Textiles 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.

Bhilwara Technical Textiles's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.40/2.14
=24.95

* 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.

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

For example, Bhilwara Technical Textiles'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)
=0.704/153.0345*153.0345
=0.704

Current CPI (Mar. 2024) = 153.0345.

Bhilwara Technical Textiles Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.044 91.042 0.074
201312 0.152 91.425 0.254
201403 0.000 91.425 0.000
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 0.000 97.163 0.000
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 0.000 102.518 0.000
201606 0.000 105.961 0.000
201703 0.000 105.196 0.000
201706 0.000 107.109 0.000
201712 0.000 109.404 0.000
201803 0.000 109.786 0.000
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.133 118.202 0.172
201906 0.325 120.880 0.411
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 -0.005 124.705 -0.006
202006 0.000 127.000 0.000
202009 0.304 130.118 0.358
202012 0.501 130.889 0.586
202103 0.308 131.771 0.358
202106 1.167 134.084 1.332
202109 0.584 135.847 0.658
202112 0.899 138.161 0.996
202203 0.652 138.822 0.719
202206 0.720 142.347 0.774
202209 0.612 144.661 0.647
202212 0.611 145.763 0.641
202303 0.240 146.865 0.250
202306 0.684 150.280 0.697
202309 0.538 151.492 0.543
202312 0.517 152.924 0.517
202403 0.704 153.035 0.704

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.


Bhilwara Technical Textiles  (BOM:533108) 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.


Bhilwara Technical Textiles Cyclically Adjusted PS Ratio Related Terms

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


Bhilwara Technical Textiles (BOM:533108) Business Description

Traded in Other Exchanges
N/A
Address
Bhilwara Towers, A-12, Sector-1, Noida, UP, IND, 201301
Bhilwara Technical Textiles Ltd is engaged in the business of trading of yarns. The main objective of the company is to carry on the business of manufacturer, producer, dealer, importer, exporter, buyer, seller and dealer in and as broker, agent, stockist, distributor and supplier of all kinds of automotive and home furnishing fabrics, made-ups, apparels and other products, goods, nylon, articles and are made from or with cotton, silk, polyester, acrylic and other kinds of fiber.

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