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Smruthi Organics (BOM:540686) Cyclically Adjusted PS Ratio : 1.34 (As of Jun. 24, 2024)


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What is Smruthi Organics Cyclically Adjusted PS Ratio?

As of today (2024-06-24), Smruthi Organics's current share price is ₹162.20. Smruthi Organics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹121.40. Smruthi Organics's Cyclically Adjusted PS Ratio for today is 1.34.

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

BOM:540686' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.4   Max: 2.35
Current: 1.34

During the past years, Smruthi Organics's highest Cyclically Adjusted PS Ratio was 2.35. The lowest was 1.01. And the median was 1.40.

BOM:540686's Cyclically Adjusted PS Ratio is ranked better than
64.87% of 743 companies
in the Drug Manufacturers industry
Industry Median: 2.06 vs BOM:540686: 1.34

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.

Smruthi Organics's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹34.751. 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 ₹121.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smruthi Organics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Smruthi Organics'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.

Smruthi Organics Cyclically Adjusted PS Ratio Chart

Smruthi Organics 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 - - 1.76 1.08 1.20

Smruthi Organics 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 1.08 1.03 1.54 1.42 1.20

Competitive Comparison of Smruthi Organics's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Smruthi Organics'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.


Smruthi Organics's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Smruthi Organics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Smruthi Organics 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.

Smruthi Organics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=162.20/121.4
=1.34

* 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.

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

For example, Smruthi Organics'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)
=34.751/153.0345*153.0345
=34.751

Current CPI (Mar. 2024) = 153.0345.

Smruthi Organics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 22.824 94.103 37.118
201409 8.839 96.780 13.977
201412 12.084 96.780 19.108
201503 21.668 97.163 34.128
201506 14.525 99.841 22.264
201509 13.994 101.753 21.047
201512 15.363 102.901 22.848
201603 19.445 102.518 29.027
201606 17.227 105.961 24.880
201609 15.798 105.961 22.816
201612 16.335 105.196 23.763
201703 19.140 105.196 27.844
201706 14.935 107.109 21.339
201709 23.492 109.021 32.976
201712 18.902 109.404 26.440
201803 26.429 109.786 36.840
201806 24.721 111.317 33.986
201809 25.171 115.142 33.455
201812 33.984 115.142 45.168
201903 33.847 118.202 43.821
201906 28.372 120.880 35.919
201909 33.081 123.175 41.100
201912 26.898 126.235 32.608
202003 24.604 124.705 30.193
202006 25.628 127.000 30.882
202009 32.197 130.118 37.868
202012 27.580 130.889 32.246
202103 23.203 131.771 26.947
202106 26.953 134.084 30.762
202109 25.411 135.847 28.626
202112 30.649 138.161 33.949
202203 35.432 138.822 39.060
202206 24.987 142.347 26.863
202209 36.796 144.661 38.926
202212 27.891 145.763 29.282
202303 32.131 146.865 33.481
202306 30.446 150.280 31.004
202309 25.881 151.492 26.145
202312 20.486 152.924 20.501
202403 34.751 153.035 34.751

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.


Smruthi Organics  (BOM:540686) 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.


Smruthi Organics Cyclically Adjusted PS Ratio Related Terms

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


Smruthi Organics (BOM:540686) Business Description

Traded in Other Exchanges
N/A
Address
165-A, Balaji Bhavan, 1st Floor, Railway Lines, Solapur, MH, IND, 413 001
Smruthi Organics Ltd is engaged in the manufacture of bulk drugs and drug intermediates (API Products). The product portfolio includes Amlodipine Besilate, Amlodipine Base, S-Amlodipine Besilate, S-Amlodipine Base, Norfloxacin, Metformin HCI, Diloxanide Furoate, Phthaloyl Amlodipine, Pantoprazole Sodium, Pefloxacin Mesylate Dihydrate, Telmisartan, Losartan Potassium and many more. It has two segments Bulk Drugs and Drugs Intermediates (API) and Formulation. it generates the majority of its revenue from the Bulk Drugs and Drugs Intermediates (API) segment.

Smruthi Organics (BOM:540686) Headlines

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