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Manali Petrochemicals (NSE:MANALIPETC) Cyclically Adjusted PS Ratio : 1.42 (As of Jun. 23, 2024)


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What is Manali Petrochemicals Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Manali Petrochemicals's current share price is ₹94.26. Manali Petrochemicals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹66.25. Manali Petrochemicals's Cyclically Adjusted PS Ratio for today is 1.42.

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

NSE:MANALIPETC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.06   Max: 1.42
Current: 1.42

During the past years, Manali Petrochemicals's highest Cyclically Adjusted PS Ratio was 1.42. The lowest was 0.85. And the median was 1.06.

NSE:MANALIPETC's Cyclically Adjusted PS Ratio is ranked worse than
54.65% of 1215 companies
in the Chemicals industry
Industry Median: 1.21 vs NSE:MANALIPETC: 1.42

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.

Manali Petrochemicals's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹15.125. 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 ₹66.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manali Petrochemicals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Manali Petrochemicals'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.

Manali Petrochemicals Cyclically Adjusted PS Ratio Chart

Manali Petrochemicals 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 - - - 0.95 0.85

Manali Petrochemicals 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 0.95 1.02 1.00 1.20 0.85

Competitive Comparison of Manali Petrochemicals's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Manali Petrochemicals'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.


Manali Petrochemicals's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Manali Petrochemicals 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.

Manali Petrochemicals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=94.26/66.25
=1.42

* 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.

Manali Petrochemicals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Manali Petrochemicals's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15.125/153.0345*153.0345
=15.125

Current CPI (Mar. 2024) = 153.0345.

Manali Petrochemicals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 6.719 85.687 12.000
201306 6.714 88.365 11.628
201309 8.032 91.042 13.501
201312 9.085 91.425 15.207
201403 8.384 91.425 14.034
201406 9.484 94.103 15.423
201409 11.154 96.780 17.637
201412 10.581 96.780 16.731
201503 11.417 97.163 17.982
201506 9.915 99.841 15.198
201509 9.950 101.753 14.965
201512 6.636 102.901 9.869
201603 7.305 102.518 10.905
201606 9.066 105.961 13.094
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 11.876 111.317 16.327
201809 12.166 115.142 16.170
201812 11.578 115.142 15.388
201903 11.389 118.202 14.745
201906 11.972 120.880 15.157
201909 11.022 123.175 13.694
201912 9.972 126.235 12.089
202003 13.605 124.705 16.696
202006 5.104 127.000 6.150
202009 12.632 130.118 14.857
202012 20.313 130.889 23.750
202103 21.422 131.771 24.879
202106 19.175 134.084 21.885
202109 25.357 135.847 28.565
202112 28.449 138.161 31.512
202203 23.980 138.822 26.435
202206 18.869 142.347 20.286
202209 16.602 144.661 17.563
202212 13.583 145.763 14.261
202303 19.266 146.865 20.075
202306 17.595 150.280 17.917
202309 15.663 151.492 15.822
202312 11.839 152.924 11.848
202403 15.125 153.035 15.125

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.


Manali Petrochemicals  (NSE:MANALIPETC) 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.


Manali Petrochemicals Cyclically Adjusted PS Ratio Related Terms

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


Manali Petrochemicals (NSE:MANALIPETC) Business Description

Traded in Other Exchanges
Address
88 Mount Road, SPIC House, Guindy, Chennai, TN, IND, 600032
Manali Petrochemicals Ltd operates in the chemical industry. The company is engaged in the manufacture and sale of Propylene Oxide (PO), Propylene Glycol (PG), and Polyols (PY). It serves various industries such as appliances, automotive, bedding, food and fragrances, furniture, footwear, paints and coatings, and pharmaceuticals. The company's only operating segment includes the manufacture and sale of petrochemical products. Geographically, it operates only in India.

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