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Indian Card Clothing Co (NSE:INDIANCARD) Cyclically Adjusted PS Ratio : 1.64 (As of Jun. 22, 2024)


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What is Indian Card Clothing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Indian Card Clothing Co's current share price is ₹274.90. Indian Card Clothing Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹167.75. Indian Card Clothing Co's Cyclically Adjusted PS Ratio for today is 1.64.

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

NSE:INDIANCARD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.82   Max: 1.71
Current: 1.61

During the past 13 years, Indian Card Clothing Co's highest Cyclically Adjusted PS Ratio was 1.71. The lowest was 0.41. And the median was 0.82.

NSE:INDIANCARD's Cyclically Adjusted PS Ratio is ranked worse than
75.31% of 875 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.66 vs NSE:INDIANCARD: 1.61

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.

Indian Card Clothing Co's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹93.362. 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 ₹167.75 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indian Card Clothing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Indian Card Clothing Co'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.

Indian Card Clothing Co Cyclically Adjusted PS Ratio Chart

Indian Card Clothing Co 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 0.42 0.68 1.50 1.16 1.47

Indian Card Clothing Co 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 1.16 - - - 1.47

Competitive Comparison of Indian Card Clothing Co's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Indian Card Clothing Co'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.


Indian Card Clothing Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indian Card Clothing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Indian Card Clothing Co's Cyclically Adjusted PS Ratio falls into.



Indian Card Clothing Co 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.

Indian Card Clothing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=274.90/167.75
=1.64

* 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.

Indian Card Clothing Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Indian Card Clothing Co'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)
=93.362/153.0345*153.0345
=93.362

Current CPI (Mar24) = 153.0345.

Indian Card Clothing Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 186.966 97.163 294.477
201603 173.882 102.518 259.563
201703 141.838 105.196 206.340
201803 143.690 109.786 200.294
201903 111.830 118.202 144.785
202003 115.111 124.705 141.261
202103 94.114 131.771 109.301
202203 104.250 138.822 114.923
202303 111.209 146.865 115.881
202403 93.362 153.035 93.362

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.


Indian Card Clothing Co  (NSE:INDIANCARD) 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.


Indian Card Clothing Co Cyclically Adjusted PS Ratio Related Terms

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Indian Card Clothing Co (NSE:INDIANCARD) Business Description

Traded in Other Exchanges
Address
Koregaon Park Annexe, 14th Floor, B Wing, AP-81, Mundhwa, Pune, MH, IND, 411036
Indian Card Clothing Co Ltd is a manufacturer of card clothing based in India. The company operates through two divisions: Card Clothing and Realty. It generates maximum revenue from the Card Clothing segment. Geographically, it sells its products in India and also exports them to other countries, from which the company derives a majority of its revenue from India. The company's product portfolio comprises Carding Solutions by Product Type which includes Cylinder Wires, Doffer Wires, Lickerin Wires, and Flat Tops. Carding Solutions by Material Type which includes Cotton and Synthetics, Woollen and Others, and Metallic Wires for Non-Woven and Carding solutions by application which includes Card clothing, Card room machinery, and Upgradation products.

Indian Card Clothing Co (NSE:INDIANCARD) Headlines

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