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Equinox India Developments (LUX:INBRS) Cyclically Adjusted PS Ratio : 2.40 (As of Jun. 25, 2024)


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What is Equinox India Developments Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Equinox India Developments's current share price is $1.92. Equinox India Developments's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.80. Equinox India Developments's Cyclically Adjusted PS Ratio for today is 2.40.

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

LUX:INBRS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.17   Max: 2.7
Current: 2.33

During the past years, Equinox India Developments's highest Cyclically Adjusted PS Ratio was 2.70. The lowest was 0.68. And the median was 1.17.

LUX:INBRS's Cyclically Adjusted PS Ratio is ranked worse than
57.77% of 1371 companies
in the Real Estate industry
Industry Median: 1.73 vs LUX:INBRS: 2.33

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.

Equinox India Developments's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.005. 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 $0.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equinox India Developments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Equinox India Developments'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.

Equinox India Developments Cyclically Adjusted PS Ratio Chart

Equinox India Developments 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 - 1.15 1.45 0.70 1.73

Equinox India Developments 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 0.70 0.86 1.20 1.27 1.73

Competitive Comparison of Equinox India Developments's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Equinox India Developments'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.


Equinox India Developments's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Equinox India Developments's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Equinox India Developments's Cyclically Adjusted PS Ratio falls into.



Equinox India Developments 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.

Equinox India Developments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.92/0.8
=2.40

* 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.

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

For example, Equinox India Developments'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)
=0.005/153.0345*153.0345
=0.005

Current CPI (Mar. 2024) = 153.0345.

Equinox India Developments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.238 94.103 0.387
201409 0.283 96.780 0.447
201412 0.238 96.780 0.376
201503 0.229 97.163 0.361
201506 0.334 99.841 0.512
201509 0.263 101.753 0.396
201512 0.252 102.901 0.375
201603 0.253 102.518 0.378
201606 0.271 105.961 0.391
201609 0.226 105.961 0.326
201612 0.093 105.196 0.135
201703 0.149 105.196 0.217
201706 0.196 107.109 0.280
201709 0.154 109.021 0.216
201712 0.082 109.404 0.115
201803 0.698 109.786 0.973
201806 0.252 111.317 0.346
201809 0.319 115.142 0.424
201812 0.396 115.142 0.526
201903 0.514 118.202 0.665
201906 0.267 120.880 0.338
201909 0.336 123.175 0.417
201912 0.380 126.235 0.461
202003 -0.293 124.705 -0.360
202006 0.014 127.000 0.017
202009 0.006 130.118 0.007
202012 0.215 130.889 0.251
202103 0.224 131.771 0.260
202106 0.148 134.084 0.169
202109 0.103 135.847 0.116
202112 0.094 138.161 0.104
202203 0.070 138.822 0.077
202206 0.037 142.347 0.040
202209 0.044 144.661 0.047
202212 0.030 145.763 0.031
202303 0.024 146.865 0.025
202306 0.044 150.280 0.045
202309 0.021 151.492 0.021
202312 0.022 152.924 0.022
202403 0.005 153.035 0.005

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.


Equinox India Developments  (LUX:INBRS) 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.


Equinox India Developments Cyclically Adjusted PS Ratio Related Terms

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Equinox India Developments (LUX:INBRS) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, WeWork Vaswani Chambers, 3rd Floor, 264-265, Municipal Colony, Worli Shivaji Nagar, Worli, Mumbai, MH, IND, 400030
Indiabulls Real Estate Ltd is an India-based real estate developer. The company is involved in the construction and development of residential, commercial, and special economic zone projects across the majority of Indian metropolitan areas and London. Among other projects, the company is developing premium, high-end commercial, residential, and retail space apart from Tier 1 cities.

Equinox India Developments (LUX:INBRS) Headlines

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