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Reliance Infrastructure (CHIX:RIFSL) Cyclically Adjusted PS Ratio : (As of Jun. 16, 2024)


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What is Reliance Infrastructure Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reliance Infrastructure Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Reliance Infrastructure'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.

Reliance Infrastructure Cyclically Adjusted PS Ratio Chart

Reliance Infrastructure 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 0.01 0.03 0.11 0.15 0.28

Reliance Infrastructure 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 0.15 0.14 0.18 0.21 0.28

Competitive Comparison of Reliance Infrastructure's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Reliance Infrastructure'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.


Reliance Infrastructure's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Reliance Infrastructure's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Reliance Infrastructure 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.

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

For example, Reliance Infrastructure'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)
=4.23/153.0345*153.0345
=4.230

Current CPI (Mar. 2024) = 153.0345.

Reliance Infrastructure Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.896 94.103 12.841
201409 7.561 96.780 11.956
201412 7.892 96.780 12.479
201503 6.163 97.163 9.707
201506 12.260 99.841 18.792
201509 12.943 101.753 19.466
201512 10.410 102.901 15.482
201603 9.492 102.518 14.169
201606 11.766 105.961 16.993
201609 11.580 105.961 16.724
201612 9.359 105.196 13.615
201703 8.644 105.196 12.575
201706 13.555 107.109 19.367
201709 9.474 109.021 13.299
201712 7.263 109.404 10.160
201803 9.062 109.786 12.632
201806 9.041 111.317 12.429
201809 9.033 115.142 12.006
201812 6.586 115.142 8.753
201903 5.699 118.202 7.378
201906 8.983 120.880 11.373
201909 9.314 123.175 11.572
201912 6.341 126.235 7.687
202003 4.881 124.705 5.990
202006 5.325 127.000 6.417
202009 8.007 130.118 9.417
202012 5.927 130.889 6.930
202103 5.784 131.771 6.717
202106 6.726 134.084 7.677
202109 8.853 135.847 9.973
202112 6.352 138.161 7.036
202203 6.485 138.822 7.149
202206 9.016 142.347 9.693
202209 8.861 144.661 9.374
202212 5.490 145.763 5.764
202303 4.395 146.865 4.580
202306 5.772 150.280 5.878
202309 7.196 151.492 7.269
202312 4.241 152.924 4.244
202403 4.230 153.035 4.230

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.


Reliance Infrastructure  (CHIX:RIFSl) 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.


Reliance Infrastructure Cyclically Adjusted PS Ratio Related Terms

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Reliance Infrastructure (CHIX:RIFSL) Business Description

Traded in Other Exchanges
Address
19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Mumbai, MH, IND, 400001
Reliance Infrastructure Ltd, or RInfra, is an Indian company operating in the country's utilities and infrastructure sectors. The company segments its activities into 'Power', 'Engineering and Construction' (E&C) and 'Infrastructure. Reliance Infrastructure's revenue is derived from electricity sales and transmission charges issued by its Power division. This unit is involved in the generation, transmission, distribution, and trading of energy in India. RInfra's Power Business utilizes thermal power plants that operate on natural gas and coal to then distribute electricity to urban markets, such as Mumbai and Delhi. The company's EPC division also generates substantial income through contracts with entities in India's power and road sectors.

Reliance Infrastructure (CHIX:RIFSL) Headlines

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