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Reliance Infrastructure (STU:BVT) Cyclically Adjusted PS Ratio : (As of May. 27, 2024)


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What is Reliance Infrastructure Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reliance Infrastructure Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Reliance Infrastructure'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.

Reliance Infrastructure Cyclically Adjusted PS Ratio Chart

Reliance Infrastructure 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 0.13 0.01 0.03 0.11 0.15

Reliance Infrastructure 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 0.14 0.15 0.14 0.18 0.21

Competitive Comparison of Reliance Infrastructure's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Reliance Infrastructure'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.


Reliance Infrastructure's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Reliance Infrastructure's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Reliance Infrastructure 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.

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

For example, Reliance Infrastructure'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)
=3.889/152.9243*152.9243
=3.889

Current CPI (Dec. 2023) = 152.9243.

Reliance Infrastructure Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.060 91.425 10.136
201406 5.811 94.103 9.443
201409 5.868 96.780 9.272
201412 6.400 96.780 10.113
201503 5.694 97.163 8.962
201506 10.924 99.841 16.732
201509 11.532 101.753 17.331
201512 9.557 102.901 14.203
201603 8.524 102.518 12.715
201606 10.471 105.961 15.112
201609 10.318 105.961 14.891
201612 8.872 105.196 12.897
201703 8.083 105.196 11.750
201706 12.064 107.109 17.224
201709 7.948 109.021 11.149
201712 6.138 109.404 8.580
201803 7.349 109.786 10.237
201806 7.739 111.317 10.632
201809 7.741 115.142 10.281
201812 5.789 115.142 7.689
201903 5.044 118.202 6.526
201906 7.950 120.880 10.057
201909 8.457 123.175 10.500
201912 5.707 126.235 6.914
202003 4.417 124.705 5.417
202006 4.729 127.000 5.694
202009 6.798 130.118 7.990
202012 4.872 130.889 5.692
202103 4.858 131.771 5.638
202106 5.583 134.084 6.367
202109 7.525 135.847 8.471
202112 5.621 138.161 6.222
202203 5.889 138.822 6.487
202206 8.529 142.347 9.163
202209 8.949 144.661 9.460
202212 5.183 145.763 5.438
202303 3.764 146.865 3.919
202306 5.328 150.280 5.422
202309 6.743 151.492 6.807
202312 3.889 152.924 3.889

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.


Reliance Infrastructure  (STU:BVT) 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.


Reliance Infrastructure Cyclically Adjusted PS Ratio Related Terms

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Reliance Infrastructure (STU:BVT) Business Description

Traded in Other Exchanges
Address
19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Mumbai, MH, IND, 400001
Reliance Infrastructure Ltd, or RInfra, is an Indian company operating in the country's utilities and infrastructure sectors. The company segments its activities into 'Power', 'Engineering and Construction' (E&C) and 'Infrastructure. Reliance Infrastructure's revenue is derived from electricity sales and transmission charges issued by its Power division. This unit is involved in the generation, transmission, distribution, and trading of energy in India. RInfra's Power Business utilizes thermal power plants that operate on natural gas and coal to then distribute electricity to urban markets, such as Mumbai and Delhi. The company's EPC division also generates substantial income through contracts with entities in India's power and road sectors.

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