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Godrej Agrovet (NSE:GODREJAGRO) Cyclically Adjusted PS Ratio : 1.45 (As of Jun. 11, 2024)


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What is Godrej Agrovet Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Godrej Agrovet's current share price is ₹579.20. Godrej Agrovet's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹400.45. Godrej Agrovet's Cyclically Adjusted PS Ratio for today is 1.45.

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

NSE:GODREJAGRO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.37   Max: 1.71
Current: 1.4

During the past 12 years, Godrej Agrovet's highest Cyclically Adjusted PS Ratio was 1.71. The lowest was 1.14. And the median was 1.37.

NSE:GODREJAGRO's Cyclically Adjusted PS Ratio is ranked worse than
67.58% of 1388 companies
in the Consumer Packaged Goods industry
Industry Median: 0.8 vs NSE:GODREJAGRO: 1.40

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.

Godrej Agrovet's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹495.565. 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 ₹400.45 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Godrej Agrovet Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Godrej Agrovet'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.

Godrej Agrovet Cyclically Adjusted PS Ratio Chart

Godrej Agrovet 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 - - 1.38 1.14 1.22

Godrej Agrovet 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 1.14 - - - 1.22

Competitive Comparison of Godrej Agrovet's Cyclically Adjusted PS Ratio

For the Farm Products subindustry, Godrej Agrovet'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.


Godrej Agrovet's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Godrej Agrovet's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Godrej Agrovet 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.

Godrej Agrovet's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=579.20/400.45
=1.45

* 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.

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

For example, Godrej Agrovet'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)
=495.565/153.0345*153.0345
=495.565

Current CPI (Mar24) = 153.0345.

Godrej Agrovet Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 171.287 97.163 269.782
201603 193.935 102.518 289.497
201703 263.424 105.196 383.218
201803 272.651 109.786 380.056
201903 305.549 118.202 395.590
202003 352.639 124.705 432.748
202103 322.935 131.771 375.047
202203 429.052 138.822 472.979
202303 486.677 146.865 507.123
202403 495.565 153.035 495.565

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.


Godrej Agrovet  (NSE:GODREJAGRO) 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.


Godrej Agrovet Cyclically Adjusted PS Ratio Related Terms

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Godrej Agrovet (NSE:GODREJAGRO) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, Godrej One, 3rd Floor, Pirojshanagar, Vikhroli (East), Mumbai, MH, IND, 400 079
Godrej Agrovet Ltd is an India-based company engaged in the manufacturing and marketing of animal feed, agricultural inputs, palm oil, and allied products. It operates through the following business divisions: Animal Feed, Crop Protection, Vegetable Oil, Real Estate Business, and Other business segments which include Seed Business and Energy Generation through Windmills. The key revenue is derived from the Animal Feed business segment. The company offers animal feed such as cattle, poultry, aqua, and specialty feed, as well as on-farm technical support services.

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