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ABM International (NSE:ABMINTLLTD) Cyclically Adjusted PS Ratio : 0.41 (As of May. 24, 2024)


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What is ABM International Cyclically Adjusted PS Ratio?

As of today (2024-05-24), ABM International's current share price is ₹67.05. ABM International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹163.75. ABM International's Cyclically Adjusted PS Ratio for today is 0.41.

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

NSE:ABMINTLLTD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.34   Max: 0.5
Current: 0.39

During the past years, ABM International's highest Cyclically Adjusted PS Ratio was 0.50. The lowest was 0.20. And the median was 0.34.

NSE:ABMINTLLTD's Cyclically Adjusted PS Ratio is ranked better than
83.79% of 1209 companies
in the Chemicals industry
Industry Median: 1.24 vs NSE:ABMINTLLTD: 0.39

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.

ABM International's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹22.393. 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 ₹163.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABM International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ABM International'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.

ABM International Cyclically Adjusted PS Ratio Chart

ABM International 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 - - - - 0.33

ABM International 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 0.37 0.33 0.32 0.22 0.34

Competitive Comparison of ABM International's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, ABM International'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.


ABM International's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, ABM International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ABM International 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.

ABM International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.05/163.75
=0.41

* 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.

ABM International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ABM International'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)
=22.393/152.9243*152.9243
=22.393

Current CPI (Dec. 2023) = 152.9243.

ABM International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 52.103 91.425 87.151
201406 67.789 94.103 110.163
201409 32.623 96.780 51.548
201412 22.737 96.780 35.927
201503 48.705 97.163 76.657
201506 32.623 99.841 49.968
201509 17.887 101.753 26.882
201512 21.443 102.901 31.867
201603 43.948 102.518 65.556
201606 44.097 105.961 63.641
201609 31.685 105.961 45.728
201612 51.287 105.196 74.556
201703 23.392 105.196 34.005
201706 32.641 107.109 46.603
201709 17.014 109.021 23.866
201712 5.289 109.404 7.393
201803 46.631 109.786 64.954
201806 20.934 111.317 28.759
201809 6.476 115.142 8.601
201812 35.764 115.142 47.500
201903 19.026 118.202 24.615
201906 29.845 120.880 37.757
201909 11.921 123.175 14.800
201912 43.569 126.235 52.780
202003 21.145 124.705 25.930
202006 21.331 127.000 25.685
202009 19.118 130.118 22.469
202012 64.041 130.889 74.822
202103 32.312 131.771 37.499
202106 48.608 134.084 55.438
202109 33.565 135.847 37.784
202112 33.971 138.161 37.601
202203 18.720 138.822 20.622
202206 23.905 142.347 25.681
202209 16.796 144.661 17.755
202212 23.877 145.763 25.050
202303 30.080 146.865 31.321
202306 26.437 150.280 26.902
202309 38.869 151.492 39.236
202312 22.393 152.924 22.393

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.


ABM International  (NSE:ABMINTLLTD) 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.


ABM International Cyclically Adjusted PS Ratio Related Terms

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


ABM International (NSE:ABMINTLLTD) Business Description

Traded in Other Exchanges
N/A
Address
10/60, Industrial Area, Kirti Nagar, New Delhi, IND, 110015
ABM International Ltd is an India-based company engaged in importing and distributing plastic raw materials. The company offers PVC resins, Dicumyl Peroxide(DCP), finished leathers, and other products. The revenue is generated from the sale of products. The nature of the industry in which the company operates is Trading in Plastic raw materials, PVC Leather Cloth, and Finished Leather.

ABM International (NSE:ABMINTLLTD) Headlines

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