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Milton Industries (NSE:MILTON) Cyclically Adjusted PS Ratio : 1.06 (As of Jun. 23, 2024)


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What is Milton Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Milton Industries's current share price is ₹38.55. Milton Industries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar22 was ₹36.23. Milton Industries's Cyclically Adjusted PS Ratio for today is 1.06.

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

NSE:MILTON's Cyclically Adjusted PS Ratio is not ranked *
in the Forest Products industry.
Industry Median: 0.58
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Milton Industries's adjusted revenue per share data of for the fiscal year that ended in Mar22 was ₹34.720. 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 ₹36.23 for the trailing ten years ended in Mar22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Milton Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Milton Industries'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.

Milton Industries Cyclically Adjusted PS Ratio Chart

Milton Industries Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.55

Milton Industries Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.55

Competitive Comparison of Milton Industries's Cyclically Adjusted PS Ratio

For the Lumber & Wood Production subindustry, Milton Industries'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.


Milton Industries's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Milton Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Milton Industries 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.

Milton Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.55/36.23
=1.06

* 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.

Milton Industries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar22 is calculated as:

For example, Milton Industries's adjusted Revenue per Share data for the fiscal year that ended in Mar22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar22 (Change)*Current CPI (Mar22)
=34.72/138.8218*138.8218
=34.720

Current CPI (Mar22) = 138.8218.

Milton Industries Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201303 27.286 85.687 44.206
201403 26.705 91.425 40.550
201503 24.479 97.163 34.974
201603 24.705 102.518 33.453
201703 25.425 105.196 33.552
201803 26.800 109.786 33.888
201903 31.619 118.202 37.135
202003 40.075 124.705 44.612
202103 23.912 131.771 25.192
202203 34.720 138.822 34.720

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.


Milton Industries  (NSE:MILTON) 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.


Milton Industries Cyclically Adjusted PS Ratio Related Terms

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


Milton Industries (NSE:MILTON) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, 1/2, Chitra-Ami Appartment, Opposite La Gajjar Chamber, Ahmedabad, GJ, IND, 380009
Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters, and home kitchens. The majority of the revenue comes from the Indian market.

Milton Industries (NSE:MILTON) Headlines

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