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Apcotex Industries (NSE:APCOTEXIND) Cyclically Adjusted PS Ratio : 3.14 (As of Jun. 13, 2024)


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What is Apcotex Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Apcotex Industries's current share price is ₹461.95. Apcotex Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹147.32. Apcotex Industries's Cyclically Adjusted PS Ratio for today is 3.14.

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

NSE:APCOTEXIND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.71   Med: 3.66   Max: 5.62
Current: 2.76

During the past years, Apcotex Industries's highest Cyclically Adjusted PS Ratio was 5.62. The lowest was 2.71. And the median was 3.66.

NSE:APCOTEXIND's Cyclically Adjusted PS Ratio is ranked worse than
76.67% of 1213 companies
in the Chemicals industry
Industry Median: 1.22 vs NSE:APCOTEXIND: 2.76

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.

Apcotex Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹59.818. 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 ₹147.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apcotex Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Apcotex 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.

Apcotex Industries Cyclically Adjusted PS Ratio Chart

Apcotex Industries 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 - - 3.18 3.73 2.97

Apcotex Industries 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 3.73 3.90 3.62 3.52 2.97

Competitive Comparison of Apcotex Industries's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Apcotex 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.


Apcotex Industries's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Apcotex 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.

Apcotex Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=461.95/147.32
=3.14

* 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.

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

For example, Apcotex Industries'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)
=59.818/153.0345*153.0345
=59.818

Current CPI (Mar. 2024) = 153.0345.

Apcotex Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.814 94.103 32.223
201409 17.386 96.780 27.492
201412 16.398 96.780 25.929
201503 14.535 97.163 22.893
201506 12.882 99.841 19.745
201509 13.091 101.753 19.689
201512 12.645 102.901 18.806
201603 12.832 102.518 19.155
201606 22.568 105.961 32.594
201609 17.810 105.961 25.722
201612 19.897 105.196 28.945
201703 16.533 105.196 24.051
201706 23.118 107.109 33.030
201709 24.887 109.021 34.934
201712 26.595 109.404 37.201
201803 26.516 109.786 36.961
201806 28.861 111.317 39.677
201809 30.889 115.142 41.054
201812 31.590 115.142 41.986
201903 28.806 118.202 37.295
201906 28.290 120.880 35.815
201909 23.964 123.175 29.773
201912 20.809 126.235 25.227
202003 21.339 124.705 26.187
202006 11.575 127.000 13.948
202009 24.892 130.118 29.276
202012 31.726 130.889 37.094
202103 35.491 131.771 41.218
202106 35.749 134.084 40.801
202109 46.908 135.847 52.843
202112 48.411 138.161 53.623
202203 52.385 138.822 57.748
202206 59.095 142.347 63.532
202209 54.621 144.661 57.783
202212 45.165 145.763 47.418
202303 49.425 146.865 51.501
202306 53.622 150.280 54.605
202309 53.799 151.492 54.347
202312 49.631 152.924 49.667
202403 59.818 153.035 59.818

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.


Apcotex Industries  (NSE:APCOTEXIND) 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.


Apcotex Industries Cyclically Adjusted PS Ratio Related Terms

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


Apcotex Industries (NSE:APCOTEXIND) Business Description

Traded in Other Exchanges
Address
Babubhai M. Chinai Marg, N. K. Mehta International House, 178, Backbay Reclamation, Mumbai, MH, IND, 400 020
Apcotex Industries Ltd is an India-based company engaged in producing emulsion polymers. It operates in the business segment of Synthetic Lattices and Rubber. The various grades of Synthetic Rubber find application in products such as Automotive Components, Hoses, Gaskets, Rice De-husking Rollers, Printing and Industrial Rollers, Friction Materials, Belting, and Footwear. Latexes are used for Paper/Paper Board Coating, Carpet Backing, Tyre Cord Dipping, Construction, and others. Its market coverage includes sales in India and Overseas Countries. The company derives the majority of its revenue from Indian markets.

Apcotex Industries (NSE:APCOTEXIND) Headlines

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