GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Advanced Enzyme Technologies Ltd (BOM:540025) » Definitions » Cyclically Adjusted PS Ratio

Advanced Enzyme Technologies (BOM:540025) Cyclically Adjusted PS Ratio : 8.68 (As of May. 25, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Advanced Enzyme Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Advanced Enzyme Technologies's current share price is ₹372.95. Advanced Enzyme Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹42.95. Advanced Enzyme Technologies's Cyclically Adjusted PS Ratio for today is 8.68.

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

BOM:540025' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.16   Med: 6.78   Max: 13.42
Current: 8.69

During the past 13 years, Advanced Enzyme Technologies's highest Cyclically Adjusted PS Ratio was 13.42. The lowest was 4.16. And the median was 6.78.

BOM:540025's Cyclically Adjusted PS Ratio is ranked worse than
94.71% of 1210 companies
in the Chemicals industry
Industry Median: 1.23 vs BOM:540025: 8.69

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.

Advanced Enzyme Technologies's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹48.328. 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 ₹42.95 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Enzyme Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Advanced Enzyme Technologies'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.

Advanced Enzyme Technologies Cyclically Adjusted PS Ratio Chart

Advanced Enzyme Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.51 9.64 7.16 5.39

Advanced Enzyme Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 5.39 - - -

Competitive Comparison of Advanced Enzyme Technologies's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Advanced Enzyme Technologies'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.


Advanced Enzyme Technologies's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Advanced Enzyme Technologies's Cyclically Adjusted PS Ratio falls into.



Advanced Enzyme Technologies 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.

Advanced Enzyme Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=372.95/42.95
=8.68

* 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.

Advanced Enzyme Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Advanced Enzyme Technologies's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=48.328/146.8646*146.8646
=48.328

Current CPI (Mar23) = 146.8646.

Advanced Enzyme Technologies Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 19.709 91.425 31.660
201503 20.405 97.163 30.843
201603 26.891 102.518 38.523
201703 29.682 105.196 41.439
201803 34.739 109.786 46.471
201903 37.389 118.202 46.455
202003 39.493 124.705 46.511
202103 44.735 131.771 49.859
202203 47.279 138.822 50.018
202303 48.328 146.865 48.328

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.


Advanced Enzyme Technologies  (BOM:540025) 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.


Advanced Enzyme Technologies Cyclically Adjusted PS Ratio Related Terms

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


Advanced Enzyme Technologies (BOM:540025) Business Description

Traded in Other Exchanges
Address
Near LIC Service Road, Sun Magnetica, A Wing, 5th Floor, Louiswadi, Thane (West), Thane, MH, IND, 400604
Advanced Enzyme Technologies Ltd is an Indian company engaged in research activities to manufacture and sell enzymes. The Company operates only in one business segment viz. manufacturing and sales of enzymes. The company offers enzymes for human healthcare and nutrition, animal nutrition, food processing, and non-food processing. Some of the products offered by the company are serratiopeptidase, fungal lipase, papain, hemicellulose, and digegrain, among others. Geographically, the entity operates in India, Europe, the USA, Asia, and other countries, of which a majority of the revenue is derived from India.

Advanced Enzyme Technologies (BOM:540025) Headlines

No Headlines