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Cyient (NSE:CYIENT) Cyclically Adjusted PS Ratio : 3.56 (As of May. 16, 2024)


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What is Cyient Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Cyient's current share price is ₹1753.30. Cyient's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹492.75. Cyient's Cyclically Adjusted PS Ratio for today is 3.56.

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

NSE:CYIENT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 2.24   Max: 5.06
Current: 3.49

During the past years, Cyient's highest Cyclically Adjusted PS Ratio was 5.06. The lowest was 0.55. And the median was 2.24.

NSE:CYIENT's Cyclically Adjusted PS Ratio is ranked worse than
85.59% of 444 companies
in the Conglomerates industry
Industry Median: 0.765 vs NSE:CYIENT: 3.49

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.

Cyient's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹167.954. 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 ₹492.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cyient Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cyient'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.

Cyient Cyclically Adjusted PS Ratio Chart

Cyient 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 0.67 1.78 2.36 2.25 4.05

Cyient 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 2.25 3.26 3.59 4.73 4.05

Competitive Comparison of Cyient's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Cyient'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.


Cyient's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

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

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



Cyient 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.

Cyient's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1753.30/492.75
=3.56

* 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.

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

For example, Cyient'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)
=167.954/153.2548*153.2548
=167.954

Current CPI (Mar. 2024) = 153.2548.

Cyient Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 55.264 94.103 90.003
201409 59.798 96.780 94.692
201412 63.542 96.780 100.621
201503 64.770 97.163 102.162
201506 64.387 99.841 98.834
201509 68.524 101.753 103.207
201512 69.466 102.901 103.459
201603 72.422 102.518 108.264
201606 73.744 105.961 106.658
201609 80.667 105.961 116.671
201612 81.098 105.196 118.148
201703 82.907 105.196 120.783
201706 79.948 107.109 114.392
201709 85.361 109.021 119.995
201712 87.018 109.404 121.896
201803 93.804 109.786 130.944
201806 95.432 111.317 131.386
201809 105.056 115.142 139.830
201812 104.744 115.142 139.415
201903 103.882 118.202 134.688
201906 99.032 120.880 125.556
201909 105.301 123.175 131.016
201912 100.583 126.235 122.112
202003 97.621 124.705 119.970
202006 90.155 127.000 108.793
202009 91.241 130.118 107.465
202012 94.906 130.889 111.123
202103 99.344 131.771 115.541
202106 96.066 134.084 109.801
202109 101.263 135.847 114.239
202112 107.835 138.161 119.616
202203 107.473 138.822 118.647
202206 113.812 142.347 122.533
202209 127.088 144.661 134.638
202212 146.986 145.763 154.541
202303 158.450 146.865 165.344
202306 152.497 150.280 155.516
202309 160.693 151.492 162.563
202312 164.446 153.255 164.446
202403 167.954 153.255 167.954

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.


Cyient  (NSE:CYIENT) 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.


Cyient Cyclically Adjusted PS Ratio Related Terms

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


Cyient (NSE:CYIENT) Business Description

Industry
Traded in Other Exchanges
Address
A Wing, Plot No. 11, 4th Floor, Software Units Layout, Infocity, Madhapur, Hyderabad, TG, IND, 500081
Cyient Ltd provides a variety of information technology, or IT, and engineering services. The firm organizes itself into two segments based on customer type and reported as either services or design led manufacturing revenue. Services is by far the largest activity. The industries served are aerospace and defense, communications, energy and utilities, transportation, medical and healthcare, semiconductor, and portfolio, which focuses on development implementation of new technologies for all sectors. The majority of the company's revenue comes from the Americas.

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