GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Arvee Laboratories (India) Ltd (NSE:ARVEE) » Definitions » Cyclically Adjusted PS Ratio

Arvee Laboratories (India) (NSE:ARVEE) Cyclically Adjusted PS Ratio : 3.83 (As of Jun. 20, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Arvee Laboratories (India) Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Arvee Laboratories (India)'s current share price is ₹184.00. Arvee Laboratories (India)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹48.03. Arvee Laboratories (India)'s Cyclically Adjusted PS Ratio for today is 3.83.

The historical rank and industry rank for Arvee Laboratories (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:ARVEE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.7   Med: 2.7   Max: 6.07
Current: 3.98

During the past 12 years, Arvee Laboratories (India)'s highest Cyclically Adjusted PS Ratio was 6.07. The lowest was 1.70. And the median was 2.70.

NSE:ARVEE's Cyclically Adjusted PS Ratio is ranked worse than
84.84% of 1214 companies
in the Chemicals industry
Industry Median: 1.21 vs NSE:ARVEE: 3.98

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.

Arvee Laboratories (India)'s adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹27.407. 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 ₹48.03 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arvee Laboratories (India) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Arvee Laboratories (India)'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.

Arvee Laboratories (India) Cyclically Adjusted PS Ratio Chart

Arvee Laboratories (India) 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 - - 3.00 1.95 2.99

Arvee Laboratories (India) Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 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 1.95 - - - 2.99

Competitive Comparison of Arvee Laboratories (India)'s Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Arvee Laboratories (India)'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.


Arvee Laboratories (India)'s Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arvee Laboratories (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Arvee Laboratories (India)'s Cyclically Adjusted PS Ratio falls into.



Arvee Laboratories (India) 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.

Arvee Laboratories (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=184.00/48.03
=3.83

* 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.

Arvee Laboratories (India)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Arvee Laboratories (India)'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)
=27.407/153.0345*153.0345
=27.407

Current CPI (Mar24) = 153.0345.

Arvee Laboratories (India) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 11.769 97.163 18.537
201603 24.338 102.518 36.331
201703 30.900 105.196 44.952
201803 55.054 109.786 76.741
201903 48.960 118.202 63.388
202003 40.692 124.705 49.936
202103 55.307 131.771 64.232
202203 36.015 138.822 39.702
202303 56.734 146.865 59.117
202403 27.407 153.035 27.407

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.


Arvee Laboratories (India)  (NSE:ARVEE) 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.


Arvee Laboratories (India) Cyclically Adjusted PS Ratio Related Terms

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


Arvee Laboratories (India) (NSE:ARVEE) Business Description

Traded in Other Exchanges
N/A
Address
403, Iskcon Bopal Road, Entice, Near Jayantilal Park BRTS, Ambli, Ahmedabad, GJ, IND, 380058
Arvee Laboratories (India) Ltd is an India based specialty chemicals company. The company products include Polymer Modifiers, such as dimethyl 5-sodiosulfoisophthalate, 5-sulfoisophthalic acid mono sodium salt, and others, Contrast Media Intermediates such as Dimethyl 5-Aminoisophthalate, 3,5-Diamino Benzoic Acid, 5-Nitroisophthalic acid and others; and Drug Intermediates like 2-Acetyl Thiophene, Thiophene-2-Carboxaldehyde and others. Geographically, the company principally operates in India.

Arvee Laboratories (India) (NSE:ARVEE) Headlines

No Headlines