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R M Drip & Sprinklers Systems (NSE:RMDRIP) Cyclically Adjusted PS Ratio : 3.66 (As of May. 27, 2024)


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What is R M Drip & Sprinklers Systems Cyclically Adjusted PS Ratio?

As of today (2024-05-27), R M Drip & Sprinklers Systems's current share price is ₹132.30. R M Drip & Sprinklers Systems's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹36.15. R M Drip & Sprinklers Systems's Cyclically Adjusted PS Ratio for today is 3.66.

The historical rank and industry rank for R M Drip & Sprinklers Systems's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:RMDRIP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.27   Max: 3.93
Current: 3.66

During the past 11 years, R M Drip & Sprinklers Systems's highest Cyclically Adjusted PS Ratio was 3.93. The lowest was 0.38. And the median was 1.27.

NSE:RMDRIP's Cyclically Adjusted PS Ratio is ranked worse than
89.47% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.06 vs NSE:RMDRIP: 3.66

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.

R M Drip & Sprinklers Systems's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹16.374. 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 ₹36.15 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


R M Drip & Sprinklers Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for R M Drip & Sprinklers Systems'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.

R M Drip & Sprinklers Systems Cyclically Adjusted PS Ratio Chart

R M Drip & Sprinklers Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.44 1.27

R M Drip & Sprinklers Systems Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 0.44 - 1.27 -

Competitive Comparison of R M Drip & Sprinklers Systems's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, R M Drip & Sprinklers Systems'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.


R M Drip & Sprinklers Systems's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, R M Drip & Sprinklers Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where R M Drip & Sprinklers Systems's Cyclically Adjusted PS Ratio falls into.



R M Drip & Sprinklers Systems 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.

R M Drip & Sprinklers Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=132.30/36.15
=3.66

* 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.

R M Drip & Sprinklers Systems's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, R M Drip & Sprinklers Systems's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=16.374/146.8646*146.8646
=16.374

Current CPI (Mar23) = 146.8646.

R M Drip & Sprinklers Systems Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.581 91.425 7.359
201503 8.018 97.163 12.119
201603 17.471 102.518 25.028
201703 42.084 105.196 58.754
201803 75.406 109.786 100.873
201903 33.320 118.202 41.400
202003 34.733 124.705 40.905
202103 27.226 131.771 30.345
202203 26.780 138.822 28.332
202303 16.374 146.865 16.374

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.


R M Drip & Sprinklers Systems  (NSE:RMDRIP) 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.


R M Drip & Sprinklers Systems Cyclically Adjusted PS Ratio Related Terms

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


R M Drip & Sprinklers Systems (NSE:RMDRIP) Business Description

Traded in Other Exchanges
N/A
Address
Gat No. 475, Village Gonde, Taluka Sinnar, Nashik, MH, IND, 422113
R M Drip & Sprinklers Systems Ltd designs manufacture and sell micro-irrigation equipment. The company's products are Drip Irrigation, Sprinkler Irrigation, Filters, among others. The Company also assists the farmers in designing and installation of its Sprinkler and Drip Irrigations systems according to their needs. The dealer network expands from Maharashtra, Madhya Pradesh, Gujarat, Karnataka and extended its market to Uttar Pradesh, Bihar and Jharkhand.

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