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Kush Industries (BOM:514240) Cyclically Adjusted PS Ratio : 8.27 (As of Apr. 28, 2024)


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What is Kush Industries Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Kush Industries's current share price is ₹7.94. Kush Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹0.96. Kush Industries's Cyclically Adjusted PS Ratio for today is 8.27.

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

BOM:514240' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 5.44   Max: 9.78
Current: 8.29

During the past years, Kush Industries's highest Cyclically Adjusted PS Ratio was 9.78. The lowest was 1.19. And the median was 5.44.

BOM:514240's Cyclically Adjusted PS Ratio is ranked worse than
96.57% of 846 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.62 vs BOM:514240: 8.29

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.

Kush Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.003. 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 ₹0.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kush Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kush Industries'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.

Kush Industries Cyclically Adjusted PS Ratio Chart

Kush Industries 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 - - 2.08 3.29 5.56

Kush Industries 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 7.63 5.56 - 5.41 7.78

Competitive Comparison of Kush Industries's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Kush Industries'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.


Kush Industries's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kush Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kush Industries 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.

Kush Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.94/0.96
=8.27

* 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.

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

For example, Kush Industries'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)
=0.003/153.2548*153.2548
=0.003

Current CPI (Dec. 2023) = 153.2548.

Kush Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.135 91.425 0.226
201406 0.090 94.103 0.147
201409 0.107 96.780 0.169
201412 0.075 96.780 0.119
201503 0.063 97.163 0.099
201506 0.035 99.841 0.054
201509 0.061 101.753 0.092
201512 0.154 102.901 0.229
201603 0.049 102.518 0.073
201606 0.056 105.961 0.081
201609 0.141 105.961 0.204
201612 0.323 105.196 0.471
201703 0.368 105.196 0.536
201706 0.230 107.109 0.329
201709 0.102 109.021 0.143
201712 0.225 109.404 0.315
201803 0.287 109.786 0.401
201806 0.160 111.317 0.220
201809 0.397 115.142 0.528
201812 0.127 115.142 0.169
201903 0.122 118.202 0.158
201906 0.033 120.880 0.042
201909 0.027 123.175 0.034
201912 0.064 126.235 0.078
202003 0.094 124.705 0.116
202006 0.000 127.000 0.000
202009 0.010 130.118 0.012
202012 0.008 130.889 0.009
202103 -0.003 131.771 -0.003
202106 0.014 134.084 0.016
202109 0.000 135.847 0.000
202112 0.097 138.161 0.108
202203 1.985 138.822 2.191
202206 0.750 142.347 0.807
202209 0.000 144.661 0.000
202212 0.003 145.763 0.003
202303 0.006 146.865 0.006
202306 0.000 150.280 0.000
202309 0.432 151.492 0.437
202312 0.003 153.255 0.003

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.


Kush Industries  (BOM:514240) 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.


Kush Industries Cyclically Adjusted PS Ratio Related Terms

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


Kush Industries (BOM:514240) Business Description

Traded in Other Exchanges
N/A
Address
Plot No.129, G.I.D.C. Estate, Near J. B. Chemicals, Bharuch District, Ankleshwar, GJ, IND, 393 002
Kush Industries Ltd manufactures, sells, and exports cotton fabrics and Made-ups products in India. The company's operating segment includes Weaving and Ceramics. It generates maximum revenue from the Weaving segment. The company's product categories include table linen; kitchen linen; bed linen; living linen and others.

Kush Industries (BOM:514240) Headlines

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