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FAR Chemical Industry (DHA:FARCHEM) Cyclically Adjusted PS Ratio : 3.11 (As of Apr. 29, 2024)


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What is FAR Chemical Industry Cyclically Adjusted PS Ratio?

As of today (2024-04-29), FAR Chemical Industry's current share price is BDT20.40. FAR Chemical Industry's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was BDT6.55. FAR Chemical Industry's Cyclically Adjusted PS Ratio for today is 3.11.

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

DHA:FARCHEM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.62   Med: 3.48   Max: 4.34
Current: 3.12

During the past years, FAR Chemical Industry's highest Cyclically Adjusted PS Ratio was 4.34. The lowest was 1.62. And the median was 3.48.

DHA:FARCHEM's Cyclically Adjusted PS Ratio is ranked worse than
79.46% of 1193 companies
in the Chemicals industry
Industry Median: 1.2 vs DHA:FARCHEM: 3.12

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.

FAR Chemical Industry's adjusted revenue per share data for the three months ended in Sep. 2023 was BDT1.323. 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 BDT6.55 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


FAR Chemical Industry Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FAR Chemical Industry'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.

FAR Chemical Industry Cyclically Adjusted PS Ratio Chart

FAR Chemical Industry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.73

FAR Chemical Industry Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - 1.73 1.62

Competitive Comparison of FAR Chemical Industry's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, FAR Chemical Industry'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.


FAR Chemical Industry's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FAR Chemical Industry's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where FAR Chemical Industry's Cyclically Adjusted PS Ratio falls into.



FAR Chemical Industry 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.

FAR Chemical Industry's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.40/6.55
=3.11

* 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.

FAR Chemical Industry's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, FAR Chemical Industry's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.323/129.8595*129.8595
=1.323

Current CPI (Sep. 2023) = 129.8595.

FAR Chemical Industry Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 1.670 98.326 2.206
201403 1.193 99.695 1.554
201406 1.429 100.560 1.845
201409 1.601 100.428 2.070
201412 1.822 99.070 2.388
201503 1.293 99.621 1.685
201506 1.548 100.684 1.997
201509 2.585 100.392 3.344
201512 1.423 99.792 1.852
201603 1.345 100.470 1.738
201606 2.021 101.688 2.581
201609 2.493 101.861 3.178
201612 1.573 101.863 2.005
201703 1.770 102.862 2.235
201706 1.301 103.349 1.635
201709 1.432 104.136 1.786
201712 1.725 104.011 2.154
201803 1.751 105.290 2.160
201806 1.540 106.317 1.881
201809 1.500 106.507 1.829
201812 1.517 105.998 1.858
201903 1.430 107.251 1.731
201906 1.399 108.070 1.681
201909 1.151 108.329 1.380
201912 1.119 108.420 1.340
202003 0.975 108.902 1.163
202006 0.326 108.767 0.389
202009 0.836 109.815 0.989
202012 0.662 109.897 0.782
202103 0.792 111.754 0.920
202106 0.484 114.631 0.548
202109 0.160 115.734 0.180
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.276 125.222 0.286
202303 1.320 127.348 1.346
202306 0.892 128.729 0.900
202309 1.323 129.860 1.323

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.


FAR Chemical Industry  (DHA:FARCHEM) 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.


FAR Chemical Industry Cyclically Adjusted PS Ratio Related Terms

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


FAR Chemical Industry (DHA:FARCHEM) Business Description

Traded in Other Exchanges
N/A
Address
House No. 11 (Floor: 5A), Road No. 12, Block-F, Niketon, Gulshan-1, Dhaka, BGD, 1212
FAR Chemical Industry Ltd operates in the textile dyeing chemical industry. The principal activities of the company are to manufacture and export chemical products to different export-oriented textiles, dyeing, and apparel industries. Its product range consists of Softening agent, Scouring agent, Anti-foaming agent, Leveling agent, Fixing agent, Retarding agent, Stabilizer, Bleaching agent, and other chemical products.

FAR Chemical Industry (DHA:FARCHEM) Headlines

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