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Man Industries (India) (BOM:513269) Cyclically Adjusted PS Ratio : 0.89 (As of May. 15, 2024)


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What is Man Industries (India) Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Man Industries (India)'s current share price is ₹379.45. Man Industries (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹425.54. Man Industries (India)'s Cyclically Adjusted PS Ratio for today is 0.89.

The historical rank and industry rank for Man Industries (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:513269' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.43   Max: 1.05
Current: 0.86

During the past years, Man Industries (India)'s highest Cyclically Adjusted PS Ratio was 1.05. The lowest was 0.20. And the median was 0.43.

BOM:513269's Cyclically Adjusted PS Ratio is ranked worse than
69.31% of 518 companies
in the Steel industry
Industry Median: 0.475 vs BOM:513269: 0.86

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.

Man Industries (India)'s adjusted revenue per share data for the three months ended in Dec. 2023 was ₹133.119. 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 ₹425.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Man Industries (India) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Man Industries (India)'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.

Man Industries (India) Cyclically Adjusted PS Ratio Chart

Man Industries (India) 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 - - - - 0.23

Man Industries (India) 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 0.20 0.23 0.37 0.45 0.67

Competitive Comparison of Man Industries (India)'s Cyclically Adjusted PS Ratio

For the Steel subindustry, Man Industries (India)'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.


Man Industries (India)'s Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Man Industries (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Man Industries (India)'s Cyclically Adjusted PS Ratio falls into.



Man Industries (India) 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.

Man Industries (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=379.45/425.54
=0.89

* 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.

Man Industries (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Man Industries (India)'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)
=133.119/153.2548*153.2548
=133.119

Current CPI (Dec. 2023) = 153.2548.

Man Industries (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201112 90.563 75.359 184.176
201203 62.022 76.889 123.622
201206 60.964 79.567 117.424
201209 86.008 82.244 160.268
201212 71.622 83.774 131.024
201303 41.594 85.687 74.393
201306 25.119 88.365 43.565
201309 27.625 91.042 46.502
201312 54.959 91.425 92.127
201403 63.762 91.425 106.884
201406 36.839 94.103 59.996
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 110.736 111.317 152.456
201809 139.977 115.142 186.311
201812 90.208 115.142 120.068
201903 38.188 118.202 49.513
201906 42.111 120.880 53.390
201909 53.540 123.175 66.615
201912 93.282 126.235 113.248
202003 111.954 124.705 137.584
202006 69.842 127.000 84.280
202009 102.896 130.118 121.192
202012 92.331 130.889 108.108
202103 85.245 131.771 99.144
202106 67.216 134.084 76.826
202109 81.531 135.847 91.979
202112 104.919 138.161 116.381
202203 105.038 138.822 115.959
202206 84.563 142.347 91.043
202209 77.666 144.661 82.280
202212 109.685 145.763 115.323
202303 97.121 146.865 101.347
202306 83.122 150.280 84.767
202309 174.187 151.492 176.214
202312 133.119 153.255 133.119

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.


Man Industries (India)  (BOM:513269) 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.


Man Industries (India) Cyclically Adjusted PS Ratio Related Terms

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


Man Industries (India) (BOM:513269) Business Description

Traded in Other Exchanges
Address
MAN House, 101, S.V. Road, Opposite Pawan Hans, Vile Parle (West), Mumbai, MH, IND, 400056
Man Industries (India) Ltd is the manufacturer and exporter of large diameter carbon steel submerged arc welded pipes in India. It offers the product which includes longitudinal submerged arc welded (LSAW) pipes, spiral or helical submerged arc welded pipes, casting pipes with end connectors at both ends and all types of anti-corrosion coatings. In addition, it also caters to its international clients in the oil and gas industry, petrochemicals, water, dredging, fertilizers and part of infrastructure projects.

Man Industries (India) (BOM:513269) Headlines

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