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Gita Renewable Energy (BOM:539013) Cyclically Adjusted PS Ratio : 73.04 (As of Dec. 14, 2024)


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What is Gita Renewable Energy Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Gita Renewable Energy's current share price is ₹162.15. Gita Renewable Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ₹2.22. Gita Renewable Energy's Cyclically Adjusted PS Ratio for today is 73.04.

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

BOM:539013' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 35.26   Med: 48.35   Max: 82.61
Current: 72.53

During the past years, Gita Renewable Energy's highest Cyclically Adjusted PS Ratio was 82.61. The lowest was 35.26. And the median was 48.35.

BOM:539013's Cyclically Adjusted PS Ratio is ranked worse than
98.82% of 255 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.72 vs BOM:539013: 72.53

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.

Gita Renewable Energy's adjusted revenue per share data for the three months ended in Sep. 2024 was ₹0.052. 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 ₹2.22 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gita Renewable Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gita Renewable Energy'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.

Gita Renewable Energy Cyclically Adjusted PS Ratio Chart

Gita Renewable Energy 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 - - - - 40.69

Gita Renewable Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 36.43 40.69 51.07 78.20

Competitive Comparison of Gita Renewable Energy's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Gita Renewable Energy'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.


Gita Renewable Energy's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Gita Renewable Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gita Renewable Energy's Cyclically Adjusted PS Ratio falls into.



Gita Renewable Energy 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.

Gita Renewable Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=162.15/2.22
=73.04

* 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.

Gita Renewable Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Gita Renewable Energy's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.052/157.8822*157.8822
=0.052

Current CPI (Sep. 2024) = 157.8822.

Gita Renewable Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.734 96.780 1.197
201503 0.222 97.163 0.361
201506 0.932 99.841 1.474
201509 5.240 101.753 8.130
201512 0.896 102.901 1.375
201603 0.242 102.518 0.373
201606 1.085 105.961 1.617
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 0.000 105.196 0.000
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.000 109.786 0.000
201806 0.219 111.317 0.311
201809 0.219 115.142 0.300
201812 0.220 115.142 0.302
201903 0.219 118.202 0.293
201906 0.219 120.880 0.286
201909 0.219 123.175 0.281
201912 0.212 126.235 0.265
202003 0.212 124.705 0.268
202006 0.146 127.000 0.182
202009 0.146 130.118 0.177
202012 0.146 130.889 0.176
202103 0.146 131.771 0.175
202106 0.142 134.084 0.167
202109 0.146 135.847 0.170
202112 0.146 138.161 0.167
202203 0.146 138.822 0.166
202206 0.145 142.347 0.161
202209 0.146 144.661 0.159
202212 0.146 145.763 0.158
202303 -0.438 146.865 -0.471
202306 0.050 150.280 0.053
202309 0.051 151.492 0.053
202312 0.051 152.924 0.053
202403 -0.152 153.035 -0.157
202406 0.051 155.789 0.052
202409 0.052 157.882 0.052

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.


Gita Renewable Energy  (BOM:539013) 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.


Gita Renewable Energy Cyclically Adjusted PS Ratio Related Terms

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


Gita Renewable Energy Business Description

Traded in Other Exchanges
N/A
Address
Madharapakkam Road, Nagaraja Kandigai, Survey Number 180 and 181, OPG Nagar, Periya Obulapuram Village, Thiruvallur District, Gummidipoondi, TN, IND, 601201
Gita Renewable Energy Ltd is carrying on the generation of power using waste heat recovery systems from renewable resources including Wind, Solar, and Hydro. The Company operates in the generation of electricity from Non-conventional sources. The company generates a majority of its revenue from the sale of the power supply and transmission charges.

Gita Renewable Energy Headlines

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