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Dynemic Products (NSE:DYNPRO) Cyclically Adjusted PS Ratio : 1.54 (As of Jun. 19, 2024)


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What is Dynemic Products Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Dynemic Products's current share price is ₹284.25. Dynemic Products's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹184.04. Dynemic Products's Cyclically Adjusted PS Ratio for today is 1.54.

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

NSE:DYNPRO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.71   Max: 4.58
Current: 1.48

During the past 13 years, Dynemic Products's highest Cyclically Adjusted PS Ratio was 4.58. The lowest was 0.76. And the median was 1.71.

NSE:DYNPRO's Cyclically Adjusted PS Ratio is ranked worse than
57.05% of 1213 companies
in the Chemicals industry
Industry Median: 1.21 vs NSE:DYNPRO: 1.48

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.

Dynemic Products's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹267.543. 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 ₹184.04 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dynemic Products Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dynemic Products'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.

Dynemic Products Cyclically Adjusted PS Ratio Chart

Dynemic Products 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 0.85 3.48 3.97 1.41 1.42

Dynemic Products 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 1.41 - - - 1.42

Competitive Comparison of Dynemic Products's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Dynemic Products'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.


Dynemic Products's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Dynemic Products 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.

Dynemic Products's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=284.25/184.04
=1.54

* 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.

Dynemic Products's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Dynemic Products'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)
=267.543/153.0345*153.0345
=267.543

Current CPI (Mar24) = 153.0345.

Dynemic Products Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 113.371 97.163 178.563
201603 113.885 102.518 170.002
201703 109.951 105.196 159.952
201803 139.860 109.786 194.955
201903 141.362 118.202 183.019
202003 154.498 124.705 189.595
202103 177.025 131.771 205.592
202203 21.519 138.822 23.722
202303 252.252 146.865 262.849
202403 267.543 153.035 267.543

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.


Dynemic Products  (NSE:DYNPRO) 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.


Dynemic Products Cyclically Adjusted PS Ratio Related Terms

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


Dynemic Products (NSE:DYNPRO) Business Description

Traded in Other Exchanges
Address
Sarkhej-Gandhinagar Highway Road, B-301, Satyamev Complex-1, Opposite New Gujarat High Court, Sola, Ahmedabad, GJ, IND, 380060
Dynemic Products Ltd is an India-based food color manufacturing company. It is engaged in manufacturing and exporting food colors, lake colors, blended colors, FD&C colors, dyes, and dyes intermediates, salt-free dyes, D&C colors, and natural food colors. The reporting segment of the company is the manufacturing and marketing of Dyes and Dyes Intermediates. The group operates in India, and internationally.

Dynemic Products (NSE:DYNPRO) Headlines

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