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Schaeffler India (NSE:SCHAEFFLER) Cyclically Adjusted PS Ratio : 11.78 (As of Jun. 23, 2024)


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What is Schaeffler India Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Schaeffler India's current share price is ₹4717.65. Schaeffler India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹400.50. Schaeffler India's Cyclically Adjusted PS Ratio for today is 11.78.

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

NSE:SCHAEFFLER' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.12   Med: 5.73   Max: 12.05
Current: 11.78

During the past years, Schaeffler India's highest Cyclically Adjusted PS Ratio was 12.05. The lowest was 2.12. And the median was 5.73.

NSE:SCHAEFFLER's Cyclically Adjusted PS Ratio is ranked worse than
98.61% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.65 vs NSE:SCHAEFFLER: 11.78

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.

Schaeffler India's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹120.203. 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 ₹400.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schaeffler India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Schaeffler 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.

Schaeffler India Cyclically Adjusted PS Ratio Chart

Schaeffler India Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 2.94 5.32 7.61 8.08

Schaeffler India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.80 8.12 8.52 8.08 7.02

Competitive Comparison of Schaeffler India's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Schaeffler 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.


Schaeffler India's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Schaeffler India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Schaeffler 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.

Schaeffler India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4717.65/400.5
=11.78

* 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.

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

For example, Schaeffler India'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)
=120.203/153.0345*153.0345
=120.203

Current CPI (Mar. 2024) = 153.0345.

Schaeffler India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 46.694 94.103 75.936
201409 48.901 96.780 77.325
201412 51.583 96.780 81.566
201503 48.768 97.163 76.811
201506 51.606 99.841 79.101
201509 52.343 101.753 78.723
201512 52.822 102.901 78.557
201603 49.693 102.518 74.179
201606 53.909 105.961 77.858
201609 56.879 105.961 82.148
201612 55.625 105.196 80.921
201703 55.528 105.196 80.780
201706 55.297 107.109 79.007
201709 59.226 109.021 83.136
201712 123.006 109.404 172.061
201803 130.403 109.786 181.773
201806 132.424 111.317 182.052
201809 143.404 115.142 190.598
201812 75.949 115.142 100.943
201903 75.076 118.202 97.200
201906 71.486 120.880 90.502
201909 66.212 123.175 82.263
201912 62.448 126.235 75.705
202003 59.493 124.705 73.008
202006 28.108 127.000 33.870
202009 71.701 130.118 84.329
202012 78.481 130.889 91.759
202103 84.247 131.771 97.842
202106 78.902 134.084 90.053
202109 94.928 135.847 106.938
202112 91.831 138.161 101.717
202203 100.656 138.822 110.961
202206 111.553 142.347 119.928
202209 112.550 144.661 119.065
202212 106.571 145.763 111.888
202303 108.085 146.865 112.626
202306 117.174 150.280 119.322
202309 118.657 151.492 119.865
202312 112.372 152.924 112.453
202403 120.203 153.035 120.203

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.


Schaeffler India  (NSE:SCHAEFFLER) 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.


Schaeffler India Cyclically Adjusted PS Ratio Related Terms

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


Schaeffler India (NSE:SCHAEFFLER) Business Description

Traded in Other Exchanges
Address
Amar Sadanand Tech Park, 15th Floor, Plot No 3, Survey 105/3 104/1,Baner, Baner, Pune, MH, IND, 411045
Schaeffler India Ltd is engaged in the manufacturing of rolling bearings spherical plain bearings, plain bearings, and linear products under the product brands INA and FAG. The Company supplies its products to the automotive industry. The Aftermarket business division of the company automotive is responsible for the automotive aftermarket business. Under the LuK, INA and FAG brands, it supplies components for transmissions, engines, and chassis in original equipment manufacturer quality and for all vehicle classes. Comprehensive services for repair shops and automotive distributors round out the product range. It has three segments i.e Industrial, Automotive Technologies, and Automotive Aftermarket.

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