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Man Industries (India) (NSE:MANINDS) Cyclically Adjusted PS Ratio : 0.88 (As of Sep. 21, 2024)


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What is Man Industries (India) Cyclically Adjusted PS Ratio?

As of today (2024-09-21), Man Industries (India)'s current share price is ₹381.65. Man Industries (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₹434.70. Man Industries (India)'s Cyclically Adjusted PS Ratio for today is 0.88.

The historical rank and industry rank for Man Industries (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:MANINDS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.59   Max: 1.08
Current: 0.9

During the past years, Man Industries (India)'s highest Cyclically Adjusted PS Ratio was 1.08. The lowest was 0.20. And the median was 0.59.

NSE:MANINDS's Cyclically Adjusted PS Ratio is ranked worse than
70.24% of 467 companies
in the Steel industry
Industry Median: 0.5 vs NSE:MANINDS: 0.90

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.

Man Industries (India)'s adjusted revenue per share data for the three months ended in Jun. 2024 was ₹111.225. 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 ₹434.70 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Man Industries (India) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Man Industries (India)'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.

Man Industries (India) Cyclically Adjusted PS Ratio Chart

Man Industries (India) 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 - - - 0.23 0.84

Man Industries (India) Quarterly Data
Sep19 Dec19 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 0.37 0.45 0.67 0.84 0.95

Competitive Comparison of Man Industries (India)'s Cyclically Adjusted PS Ratio

For the Steel subindustry, Man Industries (India)'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.


Man Industries (India)'s Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Man Industries (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Man Industries (India)'s Cyclically Adjusted PS Ratio falls into.



Man Industries (India) 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.

Man Industries (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=381.65/434.7
=0.88

* 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.

Man Industries (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Man Industries (India)'s adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=111.225/155.7889*155.7889
=111.225

Current CPI (Jun. 2024) = 155.7889.

Man Industries (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 90.563 75.359 187.221
201203 62.022 76.889 125.667
201206 60.964 79.567 119.366
201209 86.008 82.244 162.918
201212 71.622 83.774 133.190
201303 41.594 85.687 75.623
201306 25.119 88.365 44.285
201309 27.625 91.042 47.271
201312 54.959 91.425 93.651
201403 63.762 91.425 108.651
201406 36.839 94.103 60.988
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 110.736 111.317 154.976
201809 139.977 115.142 189.391
201812 90.208 115.142 122.053
201903 38.188 118.202 50.331
201906 42.111 120.880 54.272
201909 53.540 123.175 67.716
201912 93.282 126.235 115.121
202003 111.954 124.705 139.859
202006 69.842 127.000 85.674
202009 102.896 130.118 123.196
202012 92.331 130.889 109.896
202103 85.245 131.771 100.783
202106 67.216 134.084 78.096
202109 81.531 135.847 93.499
202112 104.919 138.161 118.306
202203 105.038 138.822 117.876
202206 84.563 142.347 92.548
202209 77.666 144.661 83.640
202212 109.685 145.763 117.230
202303 97.121 146.865 103.023
202306 83.122 150.280 86.169
202309 174.187 151.492 179.128
202312 133.119 152.924 135.613
202403 120.701 153.035 122.873
202406 111.225 155.789 111.225

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.


Man Industries (India)  (NSE:MANINDS) 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.


Man Industries (India) Cyclically Adjusted PS Ratio Related Terms

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


Man Industries (India) Business Description

Traded in Other Exchanges
Address
MAN House, 101, S.V. Road, Opposite Pawan Hans, Vile Parle (West), Mumbai, MH, IND, 400056
Man Industries (India) Ltd is the manufacturer and exporter of large diameter carbon steel submerged arc welded pipes in India. It offers the product which includes longitudinal submerged arc welded (LSAW) pipes, spiral or helical submerged arc welded pipes, casting pipes with end connectors at both ends and all types of anti-corrosion coatings. In addition, it also caters to its international clients in the oil and gas industry, petrochemicals, water, dredging, fertilizers and part of infrastructure projects.

Man Industries (India) Headlines

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