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Universal Cables (NSE:UNIVCABLES) Cyclically Adjusted PS Ratio : 1.22 (As of Jun. 03, 2024)


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What is Universal Cables Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Universal Cables's current share price is ₹611.85. Universal Cables's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹500.15. Universal Cables's Cyclically Adjusted PS Ratio for today is 1.22.

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

NSE:UNIVCABLES' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.93   Max: 1.23
Current: 1.23

During the past years, Universal Cables's highest Cyclically Adjusted PS Ratio was 1.23. The lowest was 0.66. And the median was 0.93.

NSE:UNIVCABLES's Cyclically Adjusted PS Ratio is ranked better than
56.02% of 2192 companies
in the Industrial Products industry
Industry Median: 1.43 vs NSE:UNIVCABLES: 1.23

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.

Universal Cables's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹167.332. 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 ₹500.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Cables Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Universal Cables'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.

Universal Cables Cyclically Adjusted PS Ratio Chart

Universal Cables Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.77 0.91

Universal Cables 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 0.77 0.80 0.98 1.04 0.91

Competitive Comparison of Universal Cables's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Universal Cables'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.


Universal Cables's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Universal Cables's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Universal Cables 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.

Universal Cables's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=611.85/500.15
=1.22

* 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.

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

For example, Universal Cables'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)
=167.332/153.0345*153.0345
=167.332

Current CPI (Mar. 2024) = 153.0345.

Universal Cables Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 64.484 88.365 111.677
201309 63.246 91.042 106.311
201312 63.738 91.425 106.690
201403 68.269 91.425 114.274
201406 64.948 94.103 105.622
201409 72.727 96.780 115.000
201412 73.943 96.780 116.923
201503 78.832 97.163 124.163
201506 69.091 99.841 105.902
201509 78.952 101.753 118.742
201512 57.811 102.901 85.977
201603 59.467 102.518 88.770
201606 52.086 105.961 75.225
201609 51.431 105.961 74.279
201612 59.270 105.196 86.223
201703 69.989 105.196 101.817
201803 0.000 109.786 0.000
201809 93.280 115.142 123.978
201812 105.777 115.142 140.588
201903 114.995 118.202 148.882
201906 122.866 120.880 155.549
201909 108.236 123.175 134.474
201912 113.942 126.235 138.131
202003 104.245 124.705 127.926
202006 57.157 127.000 68.874
202009 81.789 130.118 96.194
202012 106.682 130.889 124.732
202103 116.944 131.771 135.815
202106 80.186 134.084 91.519
202109 129.872 135.847 146.304
202112 141.112 138.161 156.304
202203 167.073 138.822 184.178
202206 148.164 142.347 159.288
202209 148.059 144.661 156.629
202212 170.427 145.763 178.929
202303 167.937 146.865 174.992
202306 138.166 150.280 140.698
202309 142.546 151.492 143.997
202312 134.369 152.924 134.466
202403 167.332 153.035 167.332

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.


Universal Cables  (NSE:UNIVCABLES) 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.


Universal Cables Cyclically Adjusted PS Ratio Related Terms

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


Universal Cables (NSE:UNIVCABLES) Business Description

Traded in Other Exchanges
Address
P.O. Birla Vikas, Satna, MP, IND, 485005
Universal Cables Ltd is an Indian based firm. The company is mainly engaged in manufacturing, and sales of electrical and other cables, capacitors, conductors, and related products. Its product portfolio comprises of extra-high voltage, medium-low voltage power and control cables, and low-high tension capacitors. The company is organized into one segment that is Electrical and other Cables, Capacitors, Wires, and Conductors.

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