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Lagnam Spintex (NSE:LAGNAM) Cyclically Adjusted PS Ratio : 0.98 (As of May. 06, 2025)


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What is Lagnam Spintex Cyclically Adjusted PS Ratio?

As of today (2025-05-06), Lagnam Spintex's current share price is ₹111.39. Lagnam Spintex's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹113.73. Lagnam Spintex's Cyclically Adjusted PS Ratio for today is 0.98.

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

NSE:LAGNAM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.87   Max: 1.4
Current: 1.02

During the past 11 years, Lagnam Spintex's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.46. And the median was 0.87.

NSE:LAGNAM's Cyclically Adjusted PS Ratio is ranked worse than
62.94% of 823 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.66 vs NSE:LAGNAM: 1.02

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.

Lagnam Spintex's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹229.325. 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 ₹113.73 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lagnam Spintex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lagnam Spintex'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.

Lagnam Spintex Cyclically Adjusted PS Ratio Chart

Lagnam Spintex 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 - - - 0.54 1.02

Lagnam Spintex Quarterly Data
Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - 1.02 -

Competitive Comparison of Lagnam Spintex's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Lagnam Spintex'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.


Lagnam Spintex's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


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Lagnam Spintex 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.

Lagnam Spintex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=111.39/113.73
=0.98

* 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.

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

For example, Lagnam Spintex'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)
=229.325/153.0345*153.0345
=229.325

Current CPI (Mar24) = 153.0345.

Lagnam Spintex Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 27.452 97.163 43.238
201603 31.038 102.518 46.332
201703 41.428 105.196 60.268
201803 46.240 109.786 64.455
201903 52.511 118.202 67.985
202003 95.786 124.705 117.546
202103 111.703 131.771 129.729
202203 187.484 138.822 206.679
202303 164.793 146.865 171.716
202403 229.325 153.035 229.325

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.


Lagnam Spintex  (NSE:LAGNAM) 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.


Lagnam Spintex Cyclically Adjusted PS Ratio Related Terms

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


Lagnam Spintex Business Description

Traded in Other Exchanges
N/A
Address
A-51-53, RIICO Growth Centre Hamirgarh, Bhilwara, RJ, IND, 311001
Lagnam Spintex Ltd is an Indian textile company. The company is engaged in the business of manufacturing high-quality yarn for the domestic and export markets. The company's operation is predominantly related to textiles. Hence primary reportable segment is textile only. Its yarn products are used in Denim, Terry Towels, Bottom Wears, Home Textiles, and Industrial Fabrics. It exports cotton yarns to countries like Portugal, Italy, Germany, Belgium, South Africa, Slovenia, Columbia, China, Pakistan, Bangladesh, and others.

Lagnam Spintex Headlines

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