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Mercator (NSE:MERCATOR) Cyclically Adjusted PS Ratio : (As of Sep. 25, 2024)


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What is Mercator Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercator Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mercator'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.

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Mercator Cyclically Adjusted PS Ratio Chart

Mercator Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
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Mercator Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Mercator's Cyclically Adjusted PS Ratio

For the Thermal Coal subindustry, Mercator'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.


Mercator's Cyclically Adjusted PS Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Mercator's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mercator 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.

Mercator's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mercator's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Mercator Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 38.749 91.425 64.815
201403 36.638 91.425 61.284
201406 30.707 94.103 49.901
201409 32.587 96.780 51.491
201412 28.693 96.780 45.338
201503 33.922 97.163 53.390
201506 29.423 99.841 45.067
201509 28.088 101.753 42.213
201512 29.172 102.901 43.353
201603 23.932 102.518 35.699
201606 23.854 105.961 34.426
201609 14.739 105.961 21.271
201703 16.547 105.196 24.055
201706 11.166 107.109 15.942
201709 9.902 109.021 13.890
201712 6.763 109.404 9.453
201803 7.267 109.786 10.122
201806 6.384 111.317 8.770
201809 7.366 115.142 9.783
201812 8.826 115.142 11.722
201903 5.819 118.202 7.528
201906 4.817 120.880 6.094
201909 5.109 123.175 6.343
201912 5.716 126.235 6.924
202003 5.480 124.705 6.720
202006 3.795 127.000 4.570
202009 3.641 130.118 4.279
202012 4.781 130.889 5.586
202103 0.131 131.771 0.152
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.000 138.822 0.000
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000

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.


Mercator  (NSE:MERCATOR) 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.


Mercator Cyclically Adjusted PS Ratio Related Terms

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


Mercator Business Description

Traded in Other Exchanges
N/A
Address
Nariman Point, 83-87, 8th Floor, B-Wing, Mittal Tower, Mumbai, MH, IND, 400 021
Mercator Ltd is an Indian company engaged in diversified business with interests in coal, oil & gas, shipping and dredging. The company operates a variety of shipping fleets including crude carriers, gas carriers, petroleum product carriers, and bulk carriers. It operates in single primary business segment of Water transport.

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