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Inducto Steel (BOM:532001) Cyclically Adjusted PS Ratio : 0.19 (As of Apr. 27, 2024)


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What is Inducto Steel Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Inducto Steel's current share price is ₹66.94. Inducto Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹344.94. Inducto Steel's Cyclically Adjusted PS Ratio for today is 0.19.

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

BOM:532001' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.08   Max: 0.22
Current: 0.19

During the past years, Inducto Steel's highest Cyclically Adjusted PS Ratio was 0.22. The lowest was 0.03. And the median was 0.08.

BOM:532001's Cyclically Adjusted PS Ratio is ranked better than
92.65% of 136 companies
in the Waste Management industry
Industry Median: 1.25 vs BOM:532001: 0.19

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.

Inducto Steel's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹55.842. 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 ₹344.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inducto Steel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inducto Steel'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.

Inducto Steel Cyclically Adjusted PS Ratio Chart

Inducto Steel 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 - - 0.03 0.07 0.07

Inducto Steel 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 0.08 0.07 0.08 0.10 0.14

Competitive Comparison of Inducto Steel's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, Inducto Steel'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.


Inducto Steel's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Inducto Steel's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Inducto Steel 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.

Inducto Steel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=66.94/344.94
=0.19

* 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.

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

For example, Inducto Steel'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)
=55.842/153.2548*153.2548
=55.842

Current CPI (Dec. 2023) = 153.2548.

Inducto Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 262.773 91.425 440.484
201406 38.124 94.103 62.088
201409 69.241 96.780 109.645
201412 357.729 96.780 566.475
201503 55.692 97.163 87.843
201506 62.332 99.841 95.679
201509 31.020 101.753 46.720
201512 300.191 102.901 447.088
201603 0.837 102.518 1.251
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 16.492 105.196 24.026
201703 40.798 105.196 59.437
201706 26.852 107.109 38.421
201709 24.770 109.021 34.820
201712 0.000 109.404 0.000
201803 0.000 109.786 0.000
201806 0.181 111.317 0.249
201809 132.091 115.142 175.814
201812 3.466 115.142 4.613
201903 52.338 118.202 67.859
201906 29.268 120.880 37.107
201909 45.953 123.175 57.175
201912 28.925 126.235 35.116
202003 9.638 124.705 11.845
202006 0.368 127.000 0.444
202009 0.000 130.118 0.000
202012 6.928 130.889 8.112
202103 -0.940 131.771 -1.093
202106 14.671 134.084 16.769
202109 34.345 135.847 38.746
202112 10.841 138.161 12.025
202203 83.564 138.822 92.252
202206 76.161 142.347 81.997
202209 12.846 144.661 13.609
202212 98.255 145.763 103.305
202303 36.972 146.865 38.581
202306 44.126 150.280 44.999
202309 107.645 151.492 108.898
202312 55.842 153.255 55.842

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.


Inducto Steel  (BOM:532001) 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.


Inducto Steel Cyclically Adjusted PS Ratio Related Terms

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


Inducto Steel (BOM:532001) Business Description

Traded in Other Exchanges
N/A
Address
220, Jamnalal Bajaj Marg, 156, Maker Chambers VI, Nariman Point, Mumbai, MH, IND, 400021
Inducto Steel Ltd is a company that operates in ship breaking business. The activities of the group function through Mumbai in trading and investments and via Bhavnagar in shipbreaking and trading segments. The Trading segment engages in the business of trading in metal scrap, coals, graphite electrodes, and other industrial inouts. The Ship Breaking segment includes dismantling or breaking old and used ships. Geographically activities are carried out throughout the region of India. The majority of the revenue is generated from Manufactured products.

Inducto Steel (BOM:532001) Headlines

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