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IGC Industries (BOM:539449) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is IGC Industries Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IGC Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IGC Industries'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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IGC Industries Cyclically Adjusted PS Ratio Chart

IGC Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
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IGC Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of IGC Industries's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, IGC Industries'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.


IGC Industries's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, IGC Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



IGC Industries 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.

IGC Industries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, IGC Industries's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0/153.0345*153.0345
=0.000

Current CPI (Mar24) = 153.0345.

IGC Industries Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.689 97.163 2.660
201603 3.623 102.518 5.408
201703 4.883 105.196 7.104
201803 219.743 109.786 306.306
201903 2.349 118.202 3.041
202003 0.099 124.705 0.121
202103 0.140 131.771 0.163
202203 0.172 138.822 0.190
202303 0.005 146.865 0.005
202403 0.000 153.035 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.


IGC Industries  (BOM:539449) 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.


IGC Industries Cyclically Adjusted PS Ratio Related Terms

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IGC Industries (BOM:539449) Business Description

Traded in Other Exchanges
N/A
Address
Gangadhar Babu Lane, Imax Lohia Square, Office No 4B, 4th Floor, Premises No. 23, Kolkata, WB, IND, 700012
IGC Industries Ltd is an India-based company engaged in manufacturing, trading, and distribution of textiles, Plastic, degradable bags, biodegradable bags, and other environmentally friendly products. The company product portfolio includes products like silk, art silk, rayon, synthetic and staple fibers, polyester, worsted, wool, hemp, yarn, cloth, linen, and other goods and merchandise whether textile felted, netted, or looped.

IGC Industries (BOM:539449) Headlines

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