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Sky Gold (BOM:541967) Cyclically Adjusted PS Ratio : 1.50 (As of Jun. 06, 2024)


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What is Sky Gold Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Sky Gold's current share price is ₹1183.20. Sky Gold's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹786.18. Sky Gold's Cyclically Adjusted PS Ratio for today is 1.50.

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

BOM:541967' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.61   Max: 1.61
Current: 1.5

During the past 11 years, Sky Gold's highest Cyclically Adjusted PS Ratio was 1.61. The lowest was 0.44. And the median was 0.61.

BOM:541967's Cyclically Adjusted PS Ratio is ranked worse than
80.21% of 768 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs BOM:541967: 1.50

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.

Sky Gold's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹1,510.457. 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 ₹786.18 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sky Gold Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sky Gold'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.

Sky Gold Cyclically Adjusted PS Ratio Chart

Sky Gold 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 - - - 0.44 1.21

Sky Gold Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 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 0.44 - - - 1.21

Competitive Comparison of Sky Gold's Cyclically Adjusted PS Ratio

For the Luxury Goods subindustry, Sky Gold'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.


Sky Gold's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sky Gold's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sky Gold 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.

Sky Gold's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1183.20/786.18
=1.50

* 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.

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

For example, Sky Gold'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)
=1510.457/153.0345*153.0345
=1,510.457

Current CPI (Mar24) = 153.0345.

Sky Gold Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 118.926 97.163 187.312
201603 170.619 102.518 254.692
201703 153.025 105.196 222.614
201803 694.851 109.786 968.573
201903 863.171 118.202 1,117.535
202003 671.604 124.705 824.173
202103 736.611 131.771 855.479
202203 727.500 138.822 801.982
202303 1,073.902 146.865 1,119.017
202403 1,510.457 153.035 1,510.457

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.


Sky Gold  (BOM:541967) 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.


Sky Gold Cyclically Adjusted PS Ratio Related Terms

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


Sky Gold (BOM:541967) Business Description

Traded in Other Exchanges
Address
Kalbadevi Road, 267-271, Kanak Chambers, Office No.12A,13,14, 1st Floor, Opposite Adarsh Hotel, Mumbai, MH, IND, 400 002
Sky Gold Ltd is an India-based company engaged in the business of designing, manufacturing, and marketing gold jewelry. It caters to a large number of wholesalers, showrooms, and retailers who buy the products in bulk quantities. The company's product portfolio includes Finger rings, Earrings, Studs, Chains, Pendants, pendant sets, Double hook pendants, Bracelets, Necklaces, and Bangles among others.

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