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BEML (UKEX:BEML) Cyclically Adjusted PS Ratio : (As of Jun. 13, 2024)


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What is BEML 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


BEML Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BEML'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.

BEML Cyclically Adjusted PS Ratio Chart

BEML 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 0.43 1.15 1.60 1.27 3.15

BEML 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 1.27 - - - 3.15

Competitive Comparison of BEML's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, BEML'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.


BEML's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, BEML's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



BEML 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.

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

For example, BEML'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)
=477.802/153.0345*153.0345
=477.802

Current CPI (Mar24) = 153.0345.

BEML Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 436.688 97.163 687.797
201603 435.512 102.518 650.112
201703 368.014 105.196 535.371
201803 484.609 109.786 675.511
201903 486.891 118.202 630.371
202003 395.585 124.705 485.450
202103 476.005 131.771 552.819
202203 557.009 138.822 614.036
202303 463.708 146.865 483.189
202403 477.802 153.035 477.802

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.


BEML  (UKEX:BEML) 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.


BEML Cyclically Adjusted PS Ratio Related Terms

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BEML (UKEX:BEML) Business Description

Industry
Traded in Other Exchanges
Address
No. 23/1, 4th Main Road, BEML Soudha, S.R. Nagar, Bengaluru, KA, IND, 560 027
BEML Ltd is an India-based company that primarily operates through three segments. The mining and construction segment offers a wide range of mining machinery for both opencast and underground mines. This segment also comprises the company's holdings in a joint venture that takes up contract mining. The rail and metro segment provides rail coaches, overhead electric inspection cars, postal vans, and other equipment to Indian railways. The Defense segment provides military equipment to the Indian Army and other defence forces.

BEML (UKEX:BEML) Headlines

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