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Purohit Construction (BOM:538993) Cyclically Adjusted PS Ratio : (As of May. 17, 2024)


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What is Purohit Construction Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Purohit Construction Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Purohit Construction'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.

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Purohit Construction Cyclically Adjusted PS Ratio Chart

Purohit Construction Annual Data
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Cyclically Adjusted PS Ratio
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Purohit Construction Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Purohit Construction's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Purohit Construction'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.


Purohit Construction's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Purohit Construction's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Purohit Construction 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.

Purohit Construction's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Purohit Construction's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Purohit Construction Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 91.425 0.000
201406 2.220 94.103 3.608
201409 3.368 96.780 5.322
201412 1.838 96.780 2.904
201503 1.887 97.163 2.970
201506 0.224 99.841 0.343
201509 0.823 101.753 1.237
201512 1.236 102.901 1.837
201603 3.367 102.518 5.022
201606 6.454 105.961 9.314
201609 4.055 105.961 5.852
201612 5.167 105.196 7.511
201703 4.345 105.196 6.316
201706 2.796 107.109 3.992
201709 0.000 109.021 0.000
201712 6.064 109.404 8.476
201803 29.267 109.786 40.767
201806 1.594 111.317 2.190
201809 0.000 115.142 0.000
201812 3.856 115.142 5.121
201903 2.340 118.202 3.027
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 2.333 126.235 2.826
202003 5.701 124.705 6.991
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 0.000 131.771 0.000
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.567 138.822 0.625
202206 0.562 142.347 0.604
202209 0.456 144.661 0.482
202212 0.000 145.763 0.000
202303 1.509 146.865 1.571
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000

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.


Purohit Construction  (BOM:538993) 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.


Purohit Construction Cyclically Adjusted PS Ratio Related Terms

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Purohit Construction (BOM:538993) Business Description

Traded in Other Exchanges
N/A
Address
401, Purohit House, Opposite Sardar Patel Stadium, Navrangpura, Ahmedabad, GJ, IND, 380009
Purohit Construction Ltd is an Indian-based company that operates in the real estate business. The activity of the group includes general construction business which includes alteration, addition, repair, and maintenance of non-residential buildings, carried out on the own-account basis or on a fee or contract basis. It primarily holds an interest in the development of residential, commercial, and CSR projects. The few projects of the group are Sopan Life Style, Sopan Elegance, Sopan Heights, Sukh Sagar, Ami apartment, Shaswat, Sukan, Podar Jumbo Kids and others.

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