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Kanco Tea & Industries (BOM:541005) Cyclically Adjusted PS Ratio : 0.44 (As of Jun. 04, 2024)


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What is Kanco Tea & Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Kanco Tea & Industries's current share price is ₹67.09. Kanco Tea & Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹151.57. Kanco Tea & Industries's Cyclically Adjusted PS Ratio for today is 0.44.

The historical rank and industry rank for Kanco Tea & Industries's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:541005' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.54   Max: 0.76
Current: 0.44

During the past years, Kanco Tea & Industries's highest Cyclically Adjusted PS Ratio was 0.76. The lowest was 0.44. And the median was 0.54.

BOM:541005's Cyclically Adjusted PS Ratio is ranked better than
66.43% of 1382 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs BOM:541005: 0.44

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.

Kanco Tea & Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹38.039. 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 ₹151.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kanco Tea & Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kanco Tea & 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.

* Premium members only.

Kanco Tea & Industries Cyclically Adjusted PS Ratio Chart

Kanco Tea & Industries 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 - - - 0.66 0.49

Kanco Tea & Industries 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 0.67 0.49 0.50 0.52 0.50

Competitive Comparison of Kanco Tea & Industries's Cyclically Adjusted PS Ratio

For the Farm Products subindustry, Kanco Tea & 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.


Kanco Tea & Industries's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kanco Tea & Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kanco Tea & 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.

Kanco Tea & Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.09/151.57
=0.44

* 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.

Kanco Tea & Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kanco Tea & Industries's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=38.039/152.9243*152.9243
=38.039

Current CPI (Dec. 2023) = 152.9243.

Kanco Tea & Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 9.405 88.365 16.276
201309 29.754 91.042 49.978
201312 25.405 91.425 42.494
201403 7.823 91.425 13.085
201406 9.178 94.103 14.915
201409 25.747 96.780 40.683
201412 24.130 96.780 38.128
201503 7.359 97.163 11.582
201506 8.957 99.841 13.719
201509 28.588 101.753 42.965
201512 23.069 102.901 34.284
201603 16.796 102.518 25.054
201606 11.139 105.961 16.076
201609 26.400 105.961 38.101
201612 24.460 105.196 35.558
201703 17.978 105.196 26.135
201803 0.000 109.786 0.000
201806 26.289 111.317 36.115
201809 44.154 115.142 58.643
201812 29.654 115.142 39.385
201903 4.741 118.202 6.134
201906 26.313 120.880 33.288
201909 43.744 123.175 54.309
201912 39.996 126.235 48.452
202003 6.986 124.705 8.567
202006 22.673 127.000 27.301
202009 74.898 130.118 88.026
202012 58.589 130.889 68.452
202103 3.756 131.771 4.359
202106 23.311 134.084 26.586
202109 84.267 135.847 94.860
202112 48.361 138.161 53.529
202203 6.958 138.822 7.665
202206 52.119 142.347 55.992
202209 90.941 144.661 96.136
202212 58.704 145.763 61.588
202303 4.863 146.865 5.064
202306 44.421 150.280 45.203
202309 60.542 151.492 61.114
202312 38.039 152.924 38.039

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.


Kanco Tea & Industries  (BOM:541005) 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.


Kanco Tea & Industries Cyclically Adjusted PS Ratio Related Terms

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


Kanco Tea & Industries (BOM:541005) Business Description

Traded in Other Exchanges
N/A
Address
31, Shakespeare Sarani, Jasmine Tower, 3rd Floor, Kolkata, WB, IND, 700 017
Kanco Tea & Industries Ltd is an India-based company operating in the tea industry. It is mainly engaged in the cultivation, manufacturing, and selling of tea. The company generates its revenue from the sale of its product- black tea.

Kanco Tea & Industries (BOM:541005) Headlines

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