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Vaswani Industries (BOM:533576) Cyclically Adjusted PS Ratio : 0.23 (As of Jun. 06, 2024)


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What is Vaswani Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Vaswani Industries's current share price is ₹30.74. Vaswani Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹133.35. Vaswani Industries's Cyclically Adjusted PS Ratio for today is 0.23.

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

BOM:533576' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.16   Max: 0.41
Current: 0.24

During the past years, Vaswani Industries's highest Cyclically Adjusted PS Ratio was 0.41. The lowest was 0.08. And the median was 0.16.

BOM:533576's Cyclically Adjusted PS Ratio is ranked better than
75.48% of 522 companies
in the Steel industry
Industry Median: 0.48 vs BOM:533576: 0.24

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.

Vaswani Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹29.905. 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 ₹133.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vaswani Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vaswani 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.

Vaswani Industries Cyclically Adjusted PS Ratio Chart

Vaswani Industries 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 - 0.08 0.16 0.15 0.23

Vaswani Industries 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 0.15 0.16 0.22 0.21 0.23

Competitive Comparison of Vaswani Industries's Cyclically Adjusted PS Ratio

For the Steel subindustry, Vaswani 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.


Vaswani Industries's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Vaswani Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vaswani 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.74/133.35
=0.23

* 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.

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

For example, Vaswani Industries'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)
=29.905/153.0345*153.0345
=29.905

Current CPI (Mar. 2024) = 153.0345.

Vaswani Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 22.243 94.103 36.173
201409 22.601 96.780 35.738
201412 22.690 96.780 35.879
201503 23.539 97.163 37.075
201506 21.690 99.841 33.246
201509 19.049 101.753 28.649
201512 20.527 102.901 30.528
201603 23.571 102.518 35.186
201606 25.409 105.961 36.697
201609 19.788 105.961 28.579
201612 21.480 105.196 31.248
201703 20.339 105.196 29.588
201706 21.021 107.109 30.034
201709 15.523 109.021 21.790
201712 16.751 109.404 23.431
201803 28.008 109.786 39.041
201806 24.392 111.317 33.533
201809 24.597 115.142 32.692
201812 25.545 115.142 33.952
201903 32.553 118.202 42.146
201906 24.812 120.880 31.412
201909 29.498 123.175 36.649
201912 32.655 126.235 39.588
202003 30.412 124.705 37.321
202006 15.486 127.000 18.661
202009 22.777 130.118 26.789
202012 32.324 130.889 37.793
202103 35.050 131.771 40.706
202106 29.223 134.084 33.353
202109 27.073 135.847 30.498
202112 29.196 138.161 32.339
202203 41.382 138.822 45.619
202206 34.606 142.347 37.204
202209 29.074 144.661 30.757
202212 29.758 145.763 31.243
202303 36.796 146.865 38.342
202306 31.189 150.280 31.761
202309 28.690 151.492 28.982
202312 39.298 152.924 39.326
202403 29.905 153.035 29.905

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.


Vaswani Industries  (BOM:533576) 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.


Vaswani Industries Cyclically Adjusted PS Ratio Related Terms

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


Vaswani Industries (BOM:533576) Business Description

Traded in Other Exchanges
Address
Bahesar Road, Near cycle Park, Village Sondra, Phase II, Industrial Area, Siltara, Raipur, CT, IND, 493 221
Vaswani Industries Ltd is engaged in the business of manufacturing and trading of Sponge Iron, Steel Billets, HB Wires, Iron Ore Pellets and generation of Power. Its business segments are Iron and steel; Power; Real estate and Agri division, of which key revenue is derived from the Iron and Steel segment. The company sells its products within India.

Vaswani Industries (BOM:533576) Headlines

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