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Vera Synthetic (NSE:VERA) Cyclically Adjusted PS Ratio : 1.06 (As of Jan. 18, 2025)


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What is Vera Synthetic Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Vera Synthetic's current share price is ₹78.80. Vera Synthetic's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹74.35. Vera Synthetic's Cyclically Adjusted PS Ratio for today is 1.06.

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

NSE:VERA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.74   Max: 1.51
Current: 1.11

During the past 12 years, Vera Synthetic's highest Cyclically Adjusted PS Ratio was 1.51. The lowest was 0.40. And the median was 0.74.

NSE:VERA's Cyclically Adjusted PS Ratio is ranked worse than
62.24% of 776 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.77 vs NSE:VERA: 1.11

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.

Vera Synthetic's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹79.799. 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 ₹74.35 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vera Synthetic Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vera Synthetic'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.

Vera Synthetic Cyclically Adjusted PS Ratio Chart

Vera Synthetic 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 - - 0.41 1.05 0.70

Vera Synthetic Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 0.41 - 1.05 - 0.70

Competitive Comparison of Vera Synthetic's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Vera Synthetic'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.


Vera Synthetic's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Vera Synthetic 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.

Vera Synthetic's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=78.80/74.35
=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.

Vera Synthetic's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Vera Synthetic's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=79.799/153.0345*153.0345
=79.799

Current CPI (Mar24) = 153.0345.

Vera Synthetic Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 49.271 97.163 77.603
201603 44.355 102.518 66.211
201703 37.326 105.196 54.300
201803 45.088 109.786 62.849
201903 69.124 118.202 89.494
202003 67.683 124.705 83.059
202103 56.945 131.771 66.134
202203 70.890 138.822 78.148
202303 82.484 146.865 85.949
202403 79.799 153.035 79.799

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.


Vera Synthetic  (NSE:VERA) 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.


Vera Synthetic Cyclically Adjusted PS Ratio Related Terms

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


Vera Synthetic Business Description

Traded in Other Exchanges
N/A
Address
Dairy Road, Devubag, Office Number Upper Level (UL) - 27, Pattani Plaza, Nilam Baug, Bhavnagar, GJ, IND, 364002
Vera Synthetic Ltd is engaged in the manufacturing of fishing nets ropes and twine yarn. It has also diversified its portfolio into plastic engineering products. It manufactures and markets its product under the brand name Sujlon. Its product portfolio includes Fishing Nets, Fishing Ropes, Mono Twine, Mono Yarn, Plastic Graunals, and Polypropylene PP among others. Geographically, it operates only in India.