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SAL Automotive (BOM:539353) Cyclically Adjusted PS Ratio : 0.71 (As of Jun. 20, 2024)


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What is SAL Automotive Cyclically Adjusted PS Ratio?

As of today (2024-06-20), SAL Automotive's current share price is ₹521.00. SAL Automotive's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹728.88. SAL Automotive's Cyclically Adjusted PS Ratio for today is 0.71.

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

BOM:539353' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.71   Max: 0.77
Current: 0.7

During the past years, SAL Automotive's highest Cyclically Adjusted PS Ratio was 0.77. The lowest was 0.66. And the median was 0.71.

BOM:539353's Cyclically Adjusted PS Ratio is ranked worse than
51.74% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.65 vs BOM:539353: 0.70

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.

SAL Automotive's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹209.586. 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 ₹728.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAL Automotive Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SAL Automotive'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.

SAL Automotive Cyclically Adjusted PS Ratio Chart

SAL Automotive 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 - - - - 0.63

SAL Automotive 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 - - - - 0.63

Competitive Comparison of SAL Automotive's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, SAL Automotive'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.


SAL Automotive's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SAL Automotive's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SAL Automotive 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.

SAL Automotive's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=521.00/728.88
=0.71

* 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.

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

For example, SAL Automotive'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)
=209.586/153.0345*153.0345
=209.586

Current CPI (Mar. 2024) = 153.0345.

SAL Automotive Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 82.402 91.425 137.931
201409 101.156 96.780 159.953
201412 100.509 96.780 158.930
201503 89.780 97.163 141.406
201506 104.571 99.841 160.285
201509 109.592 101.753 164.824
201512 99.542 102.901 148.039
201603 82.902 102.518 123.752
201606 101.626 105.961 146.774
201609 104.295 105.961 150.628
201612 97.163 105.196 141.348
201703 84.696 105.196 123.212
201706 111.817 107.109 159.762
201709 114.888 109.021 161.270
201712 117.464 109.404 164.309
201803 127.738 109.786 178.058
201806 152.702 111.317 209.930
201809 147.386 115.142 195.890
201812 131.713 115.142 175.059
201903 109.755 118.202 142.098
201906 98.459 120.880 124.650
201909 94.720 123.175 117.682
201912 82.561 126.235 100.088
202003 72.423 124.705 88.875
202006 36.689 127.000 44.210
202009 103.704 130.118 121.969
202012 120.913 130.889 141.371
202103 132.656 131.771 154.063
202106 134.316 134.084 153.299
202109 198.295 135.847 223.383
202112 140.953 138.161 156.127
202203 150.037 138.822 165.398
202206 251.548 142.347 270.434
202209 312.760 144.661 330.863
202212 319.514 145.763 335.454
202303 354.308 146.865 369.193
202306 354.064 150.280 360.553
202309 335.577 151.492 338.994
202312 338.861 152.924 339.105
202403 209.586 153.035 209.586

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.


SAL Automotive  (BOM:539353) 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.


SAL Automotive Cyclically Adjusted PS Ratio Related Terms

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


SAL Automotive (BOM:539353) Business Description

Traded in Other Exchanges
N/A
Address
C-127, IV Floor, Satguru Infotech, Industrial Area, Phase VIII, S.A.S. Nagar, Mohali, PB, IND, 160071
SAL Automotive Ltd is an India-based company engaged in the manufacturing and supplying of Automotive Components. Its products include Tractor Seats, LCV BUS and Railway Coach Seat, Recliners, Rotavators, and Tractor-Trailer among others. The company business covers two business segments Automobile Components and Agriculture Implements. It generates maximum revenue from the Agriculture Implements segment.

SAL Automotive (BOM:539353) Headlines

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