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Kritika Wires (NSE:KRITIKA) Cyclically Adjusted PS Ratio : 1.75 (As of Jun. 22, 2024)


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What is Kritika Wires Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Kritika Wires's current share price is ₹19.92. Kritika Wires's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹11.37. Kritika Wires's Cyclically Adjusted PS Ratio for today is 1.75.

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

NSE:KRITIKA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.73   Max: 2.07
Current: 1.78

During the past 11 years, Kritika Wires's highest Cyclically Adjusted PS Ratio was 2.07. The lowest was 0.26. And the median was 0.73.

NSE:KRITIKA's Cyclically Adjusted PS Ratio is ranked worse than
84% of 525 companies
in the Steel industry
Industry Median: 0.47 vs NSE:KRITIKA: 1.78

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.

Kritika Wires's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹16.189. 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 ₹11.37 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kritika Wires Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kritika Wires'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.

Kritika Wires Cyclically Adjusted PS Ratio Chart

Kritika Wires 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 - - - 0.26 1.47

Kritika Wires Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - - 0.26 - 1.47

Competitive Comparison of Kritika Wires's Cyclically Adjusted PS Ratio

For the Steel subindustry, Kritika Wires'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.


Kritika Wires's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kritika Wires's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kritika Wires 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.

Kritika Wires's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.92/11.37
=1.75

* 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.

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

For example, Kritika Wires'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)
=16.189/153.0345*153.0345
=16.189

Current CPI (Mar24) = 153.0345.

Kritika Wires Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 6.857 97.163 10.800
201603 8.107 102.518 12.102
201703 7.713 105.196 11.221
201803 9.594 109.786 13.373
201903 11.988 118.202 15.521
202003 6.433 124.705 7.894
202103 5.066 131.771 5.884
202203 8.997 138.822 9.918
202303 10.376 146.865 10.812
202403 16.189 153.035 16.189

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.


Kritika Wires  (NSE:KRITIKA) 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.


Kritika Wires Cyclically Adjusted PS Ratio Related Terms

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


Kritika Wires (NSE:KRITIKA) Business Description

Traded in Other Exchanges
N/A
Address
Plot-BG-12, Bus Terminus and Commercial Complex, Unit no. 201, 2nd Floor, AA-I, New Town Pride Hotel Building, Opposite to NOVOTEL, Kolkata, WB, IND, 700156
Kritika Wires Ltd is engaged in the manufacturing of galvanized steel wires and wire products. The company is focused on exporting and supplying Industrial Steel. The company's products are used for the transmission and distribution of electricity, and the manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities. The products of the company include Mild Steel Wire, GI Stay Wire, Spring Steel Wire, Barbed Wire, and others.

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