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Vimta Labs (NSE:VIMTALABS) Cyclically Adjusted PS Ratio : 4.34 (As of Jun. 11, 2024)


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What is Vimta Labs Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Vimta Labs's current share price is ₹490.80. Vimta Labs's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹112.99. Vimta Labs's Cyclically Adjusted PS Ratio for today is 4.34.

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

NSE:VIMTALABS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.05   Med: 3.71   Max: 5.73
Current: 4.31

During the past years, Vimta Labs's highest Cyclically Adjusted PS Ratio was 5.73. The lowest was 1.05. And the median was 3.71.

NSE:VIMTALABS's Cyclically Adjusted PS Ratio is ranked worse than
68.18% of 132 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.4 vs NSE:VIMTALABS: 4.31

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.

Vimta Labs's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹35.583. 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 ₹112.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vimta Labs Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vimta Labs'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.

Vimta Labs Cyclically Adjusted PS Ratio Chart

Vimta Labs 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 - 1.91 3.35 2.99 3.93

Vimta Labs Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 4.26 2.99 5.25 3.61 3.93

Competitive Comparison of Vimta Labs's Cyclically Adjusted PS Ratio

For the Diagnostics & Research subindustry, Vimta Labs'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.


Vimta Labs's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Vimta Labs's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vimta Labs 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.

Vimta Labs's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=490.80/112.99
=4.34

* 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.

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

For example, Vimta Labs'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)
=35.583/153.0345*153.0345
=35.583

Current CPI (Mar. 2024) = 153.0345.

Vimta Labs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.287 91.425 22.241
201406 12.992 94.103 21.128
201409 11.252 96.780 17.792
201412 11.220 96.780 17.742
201503 12.966 97.163 20.422
201506 12.711 99.841 19.483
201509 15.366 101.753 23.110
201512 13.391 102.901 19.915
201603 14.932 102.518 22.290
201606 16.864 105.961 24.356
201609 17.092 105.961 24.685
201612 17.388 105.196 25.295
201703 18.374 105.196 26.730
201706 17.473 107.109 24.965
201709 19.769 109.021 27.750
201712 20.999 109.404 29.373
201803 23.473 109.786 32.720
201806 24.659 111.317 33.900
201809 24.337 115.142 32.346
201812 22.981 115.142 30.544
201903 24.216 118.202 31.352
201906 19.952 120.880 25.259
201909 19.276 123.175 23.949
201912 23.272 126.235 28.213
202003 18.514 124.705 22.720
202006 14.846 127.000 17.889
202009 26.866 130.118 31.598
202012 26.542 130.889 31.033
202103 26.115 131.771 30.329
202106 27.749 134.084 31.671
202109 33.394 135.847 37.619
202112 29.802 138.161 33.010
202203 32.057 138.822 35.339
202206 35.106 142.347 37.742
202209 36.104 144.661 38.194
202212 34.079 145.763 35.779
202303 36.394 146.865 37.923
202309 33.146 151.492 33.483
202312 36.276 152.924 36.302
202403 35.583 153.035 35.583

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.


Vimta Labs  (NSE:VIMTALABS) 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.


Vimta Labs Cyclically Adjusted PS Ratio Related Terms

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


Vimta Labs (NSE:VIMTALABS) Business Description

Traded in Other Exchanges
Address
Plot No.141/2 & 142, IDA, Phase-II, Cherlapally, R. R. District, Hyderabad, TG, IND, 500051
Vimta Labs Ltd is a comprehensive contract research and testing organization, providing a wide range of services to pharmaceutical, biopharmaceutical, food, consumer goods, electronic, electrical, agrochemical, healthcare, medical device, and many other industries. Its services portfolio includes testing and contract research services in the fields of clinical research, pre-clinical research, clinical diagnostics, biopharma services, analytical testing, and research and environmental studies. The group generates principal revenue from the provision of testing and analysis services.

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