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Indus Towers (BOM:534816) Cyclically Adjusted PS Ratio : 4.58 (As of Jun. 07, 2024)


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What is Indus Towers Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Indus Towers's current share price is ₹339.35. Indus Towers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹74.13. Indus Towers's Cyclically Adjusted PS Ratio for today is 4.58.

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

BOM:534816' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.96   Med: 2.94   Max: 4.92
Current: 4.69

During the past years, Indus Towers's highest Cyclically Adjusted PS Ratio was 4.92. The lowest was 1.96. And the median was 2.94.

BOM:534816's Cyclically Adjusted PS Ratio is ranked worse than
89.67% of 300 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs BOM:534816: 4.69

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.

Indus Towers's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹26.659. 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 ₹74.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indus Towers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Indus Towers'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.

Indus Towers Cyclically Adjusted PS Ratio Chart

Indus Towers 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 - - 3.38 2.04 3.93

Indus Towers 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 2.04 2.28 2.63 2.70 3.93

Competitive Comparison of Indus Towers's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Indus Towers'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.


Indus Towers's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Indus Towers's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Indus Towers 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.

Indus Towers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=339.35/74.13
=4.58

* 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.

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

For example, Indus Towers'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)
=26.659/153.0345*153.0345
=26.659

Current CPI (Mar. 2024) = 153.0345.

Indus Towers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 15.018 94.103 24.423
201409 15.476 96.780 24.472
201412 15.573 96.780 24.625
201503 15.575 97.163 24.531
201506 7.243 99.841 11.102
201509 7.244 101.753 10.895
201512 7.363 102.901 10.950
201603 7.481 102.518 11.167
201606 7.667 105.961 11.073
201609 8.006 105.961 11.563
201612 8.286 105.196 12.054
201703 8.683 105.196 12.632
201706 8.619 107.109 12.315
201709 8.964 109.021 12.583
201712 9.174 109.404 12.833
201803 9.054 109.786 12.621
201806 9.177 111.317 12.616
201809 9.304 115.142 12.366
201812 9.374 115.142 12.459
201903 9.064 118.202 11.735
201906 9.337 120.880 11.821
201909 9.023 123.175 11.210
201912 9.015 126.235 10.929
202003 9.096 124.705 11.162
202006 8.842 127.000 10.655
202009 9.551 130.118 11.233
202012 20.492 130.889 23.959
202103 24.088 131.771 27.975
202106 25.223 134.084 28.788
202109 25.543 135.847 28.775
202112 25.711 138.161 28.479
202203 26.408 138.822 29.112
202206 25.578 142.347 27.498
202209 29.607 144.661 31.321
202212 25.123 145.763 26.376
202303 25.059 146.865 26.112
202306 26.248 150.280 26.729
202309 26.443 151.492 26.712
202312 26.730 152.924 26.749
202403 26.659 153.035 26.659

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.


Indus Towers  (BOM:534816) 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.


Indus Towers Cyclically Adjusted PS Ratio Related Terms

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


Indus Towers (BOM:534816) Business Description

Traded in Other Exchanges
Address
DLF Cyber City, 4th Floor, Building No. 10, Tower A, Gurugram, HR, IND, 122002
Indus Towers Ltd Ltd is a telecommunications tower infrastructure service provider. The company deploys, owns, and manages telecom towers and communication structures for mobile operators. The company acquires and builds towers, while also owning and operating telecom towers and related infrastructure. The company primarily generates revenue through a rental fee to tenants of mobile towers. Energy costs such as electricity and fuel charts are usually passed through to tenants. The company generates the vast majority of its revenue in India. The company's assets are located in India and are often ground-based and rooftop towers.

Indus Towers (BOM:534816) Headlines

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