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Aarnav Fashions (BOM:539562) Cyclically Adjusted PS Ratio : (As of Jun. 05, 2024)


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What is Aarnav Fashions Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aarnav Fashions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aarnav Fashions'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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Aarnav Fashions Cyclically Adjusted PS Ratio Chart

Aarnav Fashions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
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Aarnav Fashions 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 Aarnav Fashions's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Aarnav Fashions'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.


Aarnav Fashions's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Aarnav Fashions 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.

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

For example, Aarnav Fashions'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)
=84.41/153.0345*153.0345
=84.410

Current CPI (Mar24) = 153.0345.

Aarnav Fashions Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 2.460 97.163 3.875
201603 1.900 102.518 2.836
201703 2.056 105.196 2.991
201803 2.170 109.786 3.025
201903 5.259 118.202 6.809
202003 28.609 124.705 35.108
202103 86.166 131.771 100.071
202203 98.700 138.822 108.805
202303 93.448 146.865 97.374
202403 84.410 153.035 84.410

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.


Aarnav Fashions  (BOM:539562) 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.


Aarnav Fashions Cyclically Adjusted PS Ratio Related Terms

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Aarnav Fashions (BOM:539562) Business Description

Traded in Other Exchanges
N/A
Address
Survey No. 302 / 303, Narol - Vatva Road, Narol, Ahmedabad, GJ, IND, 382405
Aarnav Fashions Ltd is an India-based company. It has an interest in investment and financial services. It operates through two business segments that are Financial services; and Trading. The business of financing includes trading commodities, shares, and securities. The trading business, which generates maximum revenue for the company, is involved in the trading of textiles. Geographically the company offers its service only to the Indian market.

Aarnav Fashions (BOM:539562) Headlines

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