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Essar Shipping (BOM:533704) Cyclically Adjusted PS Ratio : 0.46 (As of Jun. 03, 2025)


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What is Essar Shipping Cyclically Adjusted PS Ratio?

As of today (2025-06-03), Essar Shipping's current share price is ₹31.56. Essar Shipping's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was ₹67.99. Essar Shipping's Cyclically Adjusted PS Ratio for today is 0.46.

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

BOM:533704' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.36   Max: 0.84
Current: 0.48

During the past years, Essar Shipping's highest Cyclically Adjusted PS Ratio was 0.84. The lowest was 0.08. And the median was 0.36.

BOM:533704's Cyclically Adjusted PS Ratio is ranked better than
70.22% of 685 companies
in the Transportation industry
Industry Median: 0.91 vs BOM:533704: 0.48

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.

Essar Shipping's adjusted revenue per share data for the three months ended in Dec. 2024 was ₹0.148. 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 ₹67.99 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Essar Shipping Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Essar Shipping'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.

Essar Shipping Cyclically Adjusted PS Ratio Chart

Essar Shipping 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 0.26

Essar Shipping Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.36 0.26 0.65 0.61 0.52

Competitive Comparison of Essar Shipping's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Essar Shipping'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.


Essar Shipping's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Essar Shipping's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Essar Shipping 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.

Essar Shipping's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.56/67.99
=0.46

* 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.

Essar Shipping's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Essar Shipping's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.148/158.3229*158.3229
=0.148

Current CPI (Dec. 2024) = 158.3229.

Essar Shipping Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 24.137 91.042 41.974
201312 20.453 91.425 35.419
201403 23.174 91.425 40.131
201406 24.193 94.103 40.704
201409 24.496 96.780 40.073
201412 23.493 96.780 38.432
201503 20.924 97.163 34.095
201506 20.758 99.841 32.917
201509 20.215 101.753 31.454
201512 21.059 102.901 32.401
201603 21.783 102.518 33.640
201703 27.007 105.196 40.646
201803 0.000 109.786 0.000
201806 16.677 111.317 23.719
201809 15.258 115.142 20.980
201812 13.729 115.142 18.878
201903 15.353 118.202 20.564
201906 15.560 120.880 20.380
201909 17.633 123.175 22.665
201912 18.283 126.235 22.930
202003 10.918 124.705 13.861
202006 6.995 127.000 8.720
202009 6.189 130.118 7.531
202012 4.724 130.889 5.714
202103 4.277 131.771 5.139
202106 6.684 134.084 7.892
202109 7.169 135.847 8.355
202112 1.144 138.161 1.311
202203 0.706 138.822 0.805
202206 0.758 142.347 0.843
202209 0.814 144.661 0.891
202212 0.697 145.763 0.757
202303 0.663 146.865 0.715
202306 0.527 150.280 0.555
202309 0.566 151.492 0.592
202312 0.118 152.924 0.122
202403 -0.281 153.035 -0.291
202406 0.121 155.789 0.123
202409 7.136 157.882 7.156
202412 0.148 158.323 0.148

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.


Essar Shipping  (BOM:533704) 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.


Essar Shipping Cyclically Adjusted PS Ratio Related Terms

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


Essar Shipping Business Description

Traded in Other Exchanges
Address
11, K.K. Marg, Essar House, Mahalaxmi, Mumbai, MH, IND, 400 034
Essar Shipping Ltd is engaged in fleet operating and chartering and operates in international and coastal voyages. The company is diversified across various sectors of Energy, Infrastructure (comprising Ports and EPC businesses), Metals and Mining, and Services (Shipping, IT, and Retail businesses). It also provides oilfield drilling services. The oilfields services business provides contract drilling services to oil and gas companies across the globe. The company generates maximum revenue from fleet operating and chartering segments.

Essar Shipping Headlines

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