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VA Tech Wabag (NSE:WABAG) Cyclically Adjusted PS Ratio : 1.53 (As of May. 22, 2024)


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What is VA Tech Wabag Cyclically Adjusted PS Ratio?

As of today (2024-05-22), VA Tech Wabag's current share price is ₹998.15. VA Tech Wabag's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹651.48. VA Tech Wabag's Cyclically Adjusted PS Ratio for today is 1.53.

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

NSE:WABAG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.53   Max: 1.52
Current: 1.52

During the past years, VA Tech Wabag's highest Cyclically Adjusted PS Ratio was 1.52. The lowest was 0.32. And the median was 0.53.

NSE:WABAG's Cyclically Adjusted PS Ratio is ranked worse than
74.16% of 1277 companies
in the Construction industry
Industry Median: 0.64 vs NSE:WABAG: 1.52

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.

VA Tech Wabag's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹113.218. 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 ₹651.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


VA Tech Wabag Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VA Tech Wabag'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.

VA Tech Wabag Cyclically Adjusted PS Ratio Chart

VA Tech Wabag 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 - - 0.42 0.46 0.55

VA Tech Wabag Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.51 0.55 0.75 0.70 0.96

Competitive Comparison of VA Tech Wabag's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, VA Tech Wabag'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.


VA Tech Wabag's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, VA Tech Wabag's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where VA Tech Wabag's Cyclically Adjusted PS Ratio falls into.



VA Tech Wabag 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.

VA Tech Wabag's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=998.15/651.48
=1.53

* 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.

VA Tech Wabag's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, VA Tech Wabag's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=113.218/152.9243*152.9243
=113.218

Current CPI (Dec. 2023) = 152.9243.

VA Tech Wabag Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 163.956 91.425 274.245
201406 73.578 94.103 119.570
201409 93.056 96.780 147.039
201412 114.041 96.780 180.198
201503 162.879 97.163 256.355
201506 83.622 99.841 128.083
201509 108.699 101.753 163.363
201512 112.067 102.901 166.546
201603 151.273 102.518 225.651
201606 106.211 105.961 153.285
201609 141.999 105.961 204.935
201612 131.879 105.196 191.714
201703 207.278 105.196 301.322
201706 122.496 107.109 174.893
201709 161.816 109.021 226.979
201712 158.211 109.404 221.147
201803 189.754 109.786 264.313
201806 125.839 111.317 172.875
201809 137.465 115.142 182.572
201812 121.048 115.142 160.768
201903 113.737 118.202 147.148
201906 83.640 120.880 105.812
201909 116.469 123.175 144.599
201912 124.278 126.235 150.553
202003 137.492 124.705 168.605
202006 78.417 127.000 94.424
202009 111.173 130.118 130.659
202012 127.998 130.889 149.546
202103 155.041 131.771 179.931
202106 105.851 134.084 120.724
202109 110.080 135.847 123.918
202112 119.858 138.161 132.666
202203 137.972 138.822 151.988
202206 91.732 142.347 98.548
202209 120.513 144.661 127.397
202212 104.865 145.763 110.017
202303 146.949 146.865 153.012
202306 86.678 150.280 88.203
202309 106.930 151.492 107.941
202312 113.218 152.924 113.218

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.


VA Tech Wabag  (NSE:WABAG) 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.


VA Tech Wabag Cyclically Adjusted PS Ratio Related Terms

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


VA Tech Wabag (NSE:WABAG) Business Description

Traded in Other Exchanges
Address
200 Feet Thoraipakkam - Pallavaram Main Road, Wabag House, No. 17, Sunnambu Kolathur, Chennai, TN, IND, 600117
VA Tech Wabag Ltd provides engineering solutions in the water treatment industry. The group is engaged in the construction and maintenance of water treatment plants. The company design completes and operates drinking water and wastewater plants for both the municipal and industrial sectors. The company offers sustained solutions for special customer needs through a comprehensive range of services and technologies. The company provides lifecycle solutions, including conceptualization, design, engineering, procurement, supply, installation, construction, and operations and maintenance services.

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