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Shubham Polyspin (BOM:542019) Cyclically Adjusted PS Ratio : 0.76 (As of Apr. 27, 2024)


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What is Shubham Polyspin Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Shubham Polyspin's current share price is ₹22.12. Shubham Polyspin's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹29.09. Shubham Polyspin's Cyclically Adjusted PS Ratio for today is 0.76.

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

BOM:542019' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.77   Max: 0.88
Current: 0.75

During the past 10 years, Shubham Polyspin's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.60. And the median was 0.77.

BOM:542019's Cyclically Adjusted PS Ratio is ranked worse than
56.15% of 846 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.62 vs BOM:542019: 0.75

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.

Shubham Polyspin's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹36.523. 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 ₹29.09 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shubham Polyspin Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shubham Polyspin'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.

Shubham Polyspin Cyclically Adjusted PS Ratio Chart

Shubham Polyspin 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 - - - - 0.60

Shubham Polyspin Quarterly Data
Mar18 Sep18 Mar19 Sep19 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 - 0.60 - - -

Competitive Comparison of Shubham Polyspin's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Shubham Polyspin'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.


Shubham Polyspin's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Shubham Polyspin 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.

Shubham Polyspin's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.12/29.09
=0.76

* 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.

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

For example, Shubham Polyspin'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)
=36.523/146.8646*146.8646
=36.523

Current CPI (Mar23) = 146.8646.

Shubham Polyspin Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.071 91.425 8.146
201503 10.954 97.163 16.557
201603 12.684 102.518 18.171
201703 14.448 105.196 20.171
201803 25.485 109.786 34.092
201903 35.122 118.202 43.639
202003 27.434 124.705 32.309
202103 31.661 131.771 35.288
202203 43.454 138.822 45.972
202303 36.523 146.865 36.523

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.


Shubham Polyspin  (BOM:542019) 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.


Shubham Polyspin Cyclically Adjusted PS Ratio Related Terms

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


Shubham Polyspin (BOM:542019) Business Description

Traded in Other Exchanges
N/A
Address
Jetpura - Basantpura Road, Block No. 748, Saket Industrial Estate, Near Kaneria Oil Mill, Village Borisana, Taluka Kadi, Mahesana, GJ, IND, 382728
Shubham Polyspin Ltd is an India based textile company. The company is engaged in the manufacturing of Multifilament yarns. Its products offerings include Polypropylene multifilament yarn (twisted and air intermingled yarn), Shubhlon bag closing threads, and PP webbings and narrow woven fabrics. The company operates in India and sells products under the brand name Shubhlon.

Shubham Polyspin (BOM:542019) Headlines

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