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Gandhi Special Tubes (BOM:513108) Cyclically Adjusted PS Ratio : 6.86 (As of Jun. 06, 2024)


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What is Gandhi Special Tubes Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Gandhi Special Tubes's current share price is ₹743.05. Gandhi Special Tubes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹108.25. Gandhi Special Tubes's Cyclically Adjusted PS Ratio for today is 6.86.

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

BOM:513108' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.41   Med: 5.36   Max: 7.95
Current: 6.86

During the past years, Gandhi Special Tubes's highest Cyclically Adjusted PS Ratio was 7.95. The lowest was 3.41. And the median was 5.36.

BOM:513108's Cyclically Adjusted PS Ratio is ranked worse than
92.08% of 2197 companies
in the Industrial Products industry
Industry Median: 1.42 vs BOM:513108: 6.86

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.

Gandhi Special Tubes's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹32.456. 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 ₹108.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gandhi Special Tubes Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gandhi Special Tubes'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.

Gandhi Special Tubes Cyclically Adjusted PS Ratio Chart

Gandhi Special Tubes 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 - - 3.84 4.94 6.79

Gandhi Special Tubes 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 4.94 5.59 6.54 6.79 6.79

Competitive Comparison of Gandhi Special Tubes's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Gandhi Special Tubes'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.


Gandhi Special Tubes's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gandhi Special Tubes's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Gandhi Special Tubes 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.

Gandhi Special Tubes's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=743.05/108.25
=6.86

* 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.

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

For example, Gandhi Special Tubes'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)
=32.456/153.0345*153.0345
=32.456

Current CPI (Mar. 2024) = 153.0345.

Gandhi Special Tubes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 15.775 94.103 25.654
201409 18.403 96.780 29.100
201412 15.697 96.780 24.821
201503 9.174 97.163 14.449
201506 17.408 99.841 26.683
201509 15.497 101.753 23.307
201512 14.292 102.901 21.255
201603 14.876 102.518 22.206
201606 17.857 105.961 25.790
201609 18.652 105.961 26.938
201612 15.165 105.196 22.061
201703 14.710 105.196 21.399
201706 19.078 107.109 27.258
201709 20.266 109.021 28.448
201712 19.110 109.404 26.731
201803 19.120 109.786 26.652
201806 27.180 111.317 37.366
201809 24.329 115.142 32.336
201812 20.009 115.142 26.594
201903 14.044 118.202 18.183
201906 17.252 120.880 21.841
201909 13.008 123.175 16.161
201912 13.605 126.235 16.493
202003 13.438 124.705 16.491
202006 8.601 127.000 10.364
202009 19.852 130.118 23.348
202012 28.165 130.889 32.930
202103 28.662 131.771 33.287
202106 25.607 134.084 29.226
202109 28.698 135.847 32.329
202112 27.365 138.161 30.311
202203 22.685 138.822 25.008
202206 36.219 142.347 38.938
202209 42.805 144.661 45.283
202212 30.235 145.763 31.743
202303 28.545 146.865 29.744
202306 38.058 150.280 38.756
202309 36.173 151.492 36.541
202312 33.945 152.924 33.969
202403 32.456 153.035 32.456

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.


Gandhi Special Tubes  (BOM:513108) 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.


Gandhi Special Tubes Cyclically Adjusted PS Ratio Related Terms

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


Gandhi Special Tubes (BOM:513108) Business Description

Traded in Other Exchanges
Address
55 Hughes Road, Next to Dharam Palace, 201-204, Plaza, 2nd Floor, Mumbai, MH, IND, 400007
Gandhi Special Tubes Ltd manufactures and markets welded and seamless steel tubes of different sizes and specifications, and cold-formed coupling nuts. The company is involved in manufacturing automobile components, cold-formed tube nuts for fuel injection tube assemblies, hydraulic and other tube assemblies. Its products include Welded Tubes, Seamless Tubes, Wind Power, and Cold Formed Nuts. Products of the firm are supplied to the original equipment manufacturers of the automotive sector, farm equipment manufacturers, construction equipment manufacturers, refrigerator manufacturers, and other engineering industries. It also operates in the power sector through windmills installed in Maharashtra and Gujarat.

Gandhi Special Tubes (BOM:513108) Headlines

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