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Yash Chemex (BOM:539939) Cyclically Adjusted PS Ratio : 0.48 (As of Jun. 13, 2024)


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What is Yash Chemex Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Yash Chemex's current share price is ₹55.58. Yash Chemex's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹115.29. Yash Chemex's Cyclically Adjusted PS Ratio for today is 0.48.

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

BOM:539939' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.56   Max: 0.9
Current: 0.47

During the past 13 years, Yash Chemex's highest Cyclically Adjusted PS Ratio was 0.90. The lowest was 0.42. And the median was 0.56.

BOM:539939's Cyclically Adjusted PS Ratio is ranked better than
79.97% of 1213 companies
in the Chemicals industry
Industry Median: 1.22 vs BOM:539939: 0.47

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.

Yash Chemex's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹93.663. 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 ₹115.29 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yash Chemex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yash Chemex'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.

Yash Chemex Cyclically Adjusted PS Ratio Chart

Yash Chemex 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 0.79 0.43 0.56 0.62 0.49

Yash Chemex 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 0.62 - - - 0.49

Competitive Comparison of Yash Chemex's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Yash Chemex'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.


Yash Chemex's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yash Chemex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yash Chemex 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.

Yash Chemex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=55.58/115.29
=0.48

* 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.

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

For example, Yash Chemex'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)
=93.663/153.0345*153.0345
=93.663

Current CPI (Mar24) = 153.0345.

Yash Chemex Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 159.409 97.163 251.074
201603 69.687 102.518 104.025
201703 77.656 105.196 112.971
201803 83.057 109.786 115.776
201903 96.609 118.202 125.078
202003 76.616 124.705 94.021
202103 55.144 131.771 64.043
202203 95.516 138.822 105.295
202303 83.413 146.865 86.917
202403 93.663 153.035 93.663

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.


Yash Chemex  (BOM:539939) 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.


Yash Chemex Cyclically Adjusted PS Ratio Related Terms

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


Yash Chemex (BOM:539939) Business Description

Traded in Other Exchanges
N/A
Address
132 Feet Ring Road, 411, 4th Floor, Sigma Icon-1, Opposite Medilink Hospital, Satellite, Ahmedabad, GJ, IND, 380015
Yash Chemex Ltd is a chemical and dyes manufacturing and distribution company. The company's operating segment is the trading of chemicals. Through it's subsidiary, it also offers FMCG products like Perfume, Pocket Perfumes, Body Deodorant Sprays, Refreshing Toners, Hair-Re-Growth Oil, hand-made Natural Soaps and manufacturing of Industrial Dyes, Pigments Paste and Intermediates. Geographically, it derives a majority of revenue from India.

Yash Chemex (BOM:539939) Headlines

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