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Niraj Ispat Industries (NSE:NIRAJISPAT) Cyclically Adjusted PS Ratio : 2.10 (As of Jun. 06, 2025)


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What is Niraj Ispat Industries Cyclically Adjusted PS Ratio?

As of today (2025-06-06), Niraj Ispat Industries's current share price is ₹267.16. Niraj Ispat Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹127.49. Niraj Ispat Industries's Cyclically Adjusted PS Ratio for today is 2.10.

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

NSE:NIRAJISPAT's Cyclically Adjusted PS Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.665
* 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.

Niraj Ispat Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹11.128. 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 ₹127.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Niraj Ispat Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Niraj Ispat 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.

Niraj Ispat Industries Cyclically Adjusted PS Ratio Chart

Niraj Ispat Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
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Niraj Ispat Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Niraj Ispat Industries's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, Niraj Ispat 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.


Niraj Ispat Industries's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


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Niraj Ispat 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=267.16/127.49
=2.10

* 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.

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

For example, Niraj Ispat Industries'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)
=11.128/153.0345*153.0345
=11.128

Current CPI (Mar. 2024) = 153.0345.

Niraj Ispat Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 28.013 94.103 45.556
201409 28.110 96.780 44.449
201412 0.468 96.780 0.740
201503 88.352 97.163 139.157
201506 27.160 99.841 41.631
201509 24.800 101.753 37.299
201512 24.800 102.901 36.883
201603 35.665 102.518 53.239
201606 35.182 105.961 50.812
201609 28.950 105.961 41.811
201612 26.662 105.196 38.787
201703 29.759 105.196 43.292
201706 39.045 107.109 55.787
201709 21.732 109.021 30.505
201712 23.802 109.404 33.294
201803 23.559 109.786 32.840
201806 27.993 111.317 38.484
201809 23.802 115.142 31.635
201812 23.297 115.142 30.964
201903 24.156 118.202 31.274
201906 24.428 120.880 30.926
201909 20.512 123.175 25.484
201912 19.338 126.235 23.443
202003 18.938 124.705 23.240
202006 5.385 127.000 6.489
202009 14.013 130.118 16.481
202012 16.327 130.889 19.089
202103 23.800 131.771 27.641
202106 14.419 134.084 16.457
202109 22.680 135.847 25.549
202112 23.713 138.161 26.266
202203 20.438 138.822 22.530
202206 26.000 142.347 27.952
202209 30.218 144.661 31.967
202212 20.407 145.763 21.425
202303 16.083 146.865 16.759
202306 16.225 150.280 16.522
202309 15.923 151.492 16.085
202312 11.048 152.924 11.056
202403 11.128 153.035 11.128

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.


Niraj Ispat Industries  (NSE:NIRAJISPAT) 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.


Niraj Ispat Industries Cyclically Adjusted PS Ratio Related Terms

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


Niraj Ispat Industries Business Description

Traded in Other Exchanges
N/A
Address
19, G.T. Road, Chaudhry Cinema Building, Ghaziabad, UP, IND, 201001
Niraj Ispat Industries Ltd is engaged in manufacturing Polyester Button in two or four thread holes used in dresses, sweaters, pouches, and shirts, and can be availed in a variety of colours, sizes, and designs. The sale of its products generates substantial revenue for the firm.

Niraj Ispat Industries Headlines

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