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Blue Star (NSE:BLUESTARCO) Cyclically Adjusted PS Ratio : 4.71 (As of Jun. 20, 2024)


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What is Blue Star Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Blue Star's current share price is ₹1668.40. Blue Star's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹354.17. Blue Star's Cyclically Adjusted PS Ratio for today is 4.71.

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

NSE:BLUESTARCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.28   Max: 4.9
Current: 4.9

During the past years, Blue Star's highest Cyclically Adjusted PS Ratio was 4.90. The lowest was 1.45. And the median was 2.28.

NSE:BLUESTARCO's Cyclically Adjusted PS Ratio is ranked worse than
93.8% of 1290 companies
in the Construction industry
Industry Median: 0.65 vs NSE:BLUESTARCO: 4.90

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.

Blue Star's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹160.388. 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 ₹354.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blue Star Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Blue Star'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.

Blue Star Cyclically Adjusted PS Ratio Chart

Blue Star 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 - - - 2.13 3.60

Blue Star 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 2.13 2.29 2.58 2.74 3.60

Competitive Comparison of Blue Star's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Blue Star'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.


Blue Star's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Blue Star's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Blue Star 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.

Blue Star's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1668.40/354.17
=4.71

* 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.

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

For example, Blue Star'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)
=160.388/153.0345*153.0345
=160.388

Current CPI (Mar. 2024) = 153.0345.

Blue Star Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201506 52.820 99.841 80.962
201509 43.518 101.753 65.450
201512 40.530 102.901 60.276
201603 60.512 102.518 90.329
201606 63.408 105.961 91.577
201609 46.476 105.961 67.123
201612 47.789 105.196 69.521
201703 62.626 105.196 91.106
201706 78.663 107.109 112.392
201709 44.098 109.021 61.901
201712 48.486 109.404 67.822
201803 67.413 109.786 93.969
201806 78.372 111.317 107.743
201809 53.590 115.142 71.226
201812 60.383 115.142 80.255
201903 80.875 118.202 104.708
201906 81.807 120.880 103.568
201909 64.878 123.175 80.605
201912 64.068 126.235 77.669
202003 66.261 124.705 81.314
202006 32.479 127.000 39.137
202009 46.814 130.118 55.059
202012 58.345 130.889 68.217
202103 82.180 131.771 95.442
202106 54.716 134.084 62.449
202109 64.636 135.847 72.814
202112 78.323 138.161 86.755
202203 113.765 138.822 125.412
202206 102.779 142.347 110.495
202209 82.182 144.661 86.939
202212 93.072 145.763 97.715
202303 135.855 146.865 141.562
202306 115.640 150.280 117.760
202309 97.637 151.492 98.631
202312 109.168 152.924 109.247
202403 160.388 153.035 160.388

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.


Blue Star  (NSE:BLUESTARCO) 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.


Blue Star Cyclically Adjusted PS Ratio Related Terms

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


Blue Star (NSE:BLUESTARCO) Business Description

Traded in Other Exchanges
Address
254 D, Dr Annie Besant Road, Band Box House, 4th Floor, Worli, Mumbai, MH, IND, 400 030
Blue Star Ltd is an India-based air conditioning and commercial refrigeration company. It serves corporate, commercial, and residential entities. The company's operating segment includes Electro-Mechanical Projects and Commercial Air Conditioning Systems; Unitary Products and Professional Electronics and Industrial Systems. It generates maximum revenue from the Electro-Mechanical Projects and Commercial Air-conditioning Systems segment which includes central air-conditioning projects, Electrical Contracting business, and Packaged air-conditioning businesses including manufacturing and after-sales service.

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