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Phoenix International (BOM:526481) Cyclically Adjusted PS Ratio : 1.50 (As of Apr. 28, 2024)


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What is Phoenix International Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Phoenix International's current share price is ₹42.20. Phoenix International's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹28.16. Phoenix International's Cyclically Adjusted PS Ratio for today is 1.50.

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

BOM:526481' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 0.88   Max: 1.5
Current: 1.5

During the past 11 years, Phoenix International's highest Cyclically Adjusted PS Ratio was 1.50. The lowest was 0.74. And the median was 0.88.

BOM:526481's Cyclically Adjusted PS Ratio is ranked worse than
72.1% of 846 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.62 vs BOM:526481: 1.50

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.

Phoenix International's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹19.279. 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 ₹28.16 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phoenix International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Phoenix International'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.

Phoenix International Cyclically Adjusted PS Ratio Chart

Phoenix International 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 - - - 0.95 0.74

Phoenix International 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 - 0.74 - - -

Competitive Comparison of Phoenix International's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Phoenix International'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.


Phoenix International's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Phoenix International 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.

Phoenix International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.20/28.16
=1.50

* 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.

Phoenix International's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Phoenix International's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=19.279/146.8646*146.8646
=19.279

Current CPI (Mar23) = 146.8646.

Phoenix International Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 21.938 91.425 35.241
201503 23.332 97.163 35.267
201603 22.268 102.518 31.900
201703 24.360 105.196 34.009
201803 23.385 109.786 31.283
201903 25.316 118.202 31.455
202003 25.599 124.705 30.148
202103 14.404 131.771 16.054
202203 16.064 138.822 16.995
202303 19.279 146.865 19.279

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.


Phoenix International  (BOM:526481) 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.


Phoenix International Cyclically Adjusted PS Ratio Related Terms

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


Phoenix International (BOM:526481) Business Description

Traded in Other Exchanges
N/A
Address
25, Rajendra Place, 3rd Floor, Gopala Tower, New Delhi, IND, 110008
Phoenix International Ltd manufactures and sells footwear and footwear components. The Company is in the business of leasing out buildings and is a manufacturer and supplier of Shoe Uppers in Chennai, India .Its segments comprise of Shoe Manufacturing and Rental Services of Immovable Properties. Majority of company's revenue is generated from rental segment.

Phoenix International (BOM:526481) Headlines

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