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E I D Parry India (NSE:EIDPARRY) Cyclically Adjusted PS Ratio : 0.56 (As of Apr. 29, 2024)


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What is E I D Parry India Cyclically Adjusted PS Ratio?

As of today (2024-04-29), E I D Parry India's current share price is ₹627.45. E I D Parry India's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹1,125.83. E I D Parry India's Cyclically Adjusted PS Ratio for today is 0.56.

The historical rank and industry rank for E I D Parry India's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:EIDPARRY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.47   Max: 0.62
Current: 0.56

During the past years, E I D Parry India's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.14. And the median was 0.47.

NSE:EIDPARRY's Cyclically Adjusted PS Ratio is ranked better than
74.07% of 189 companies
in the Agriculture industry
Industry Median: 1.04 vs NSE:EIDPARRY: 0.56

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.

E I D Parry India's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹436.385. 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 ₹1,125.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


E I D Parry India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for E I D Parry India'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.

E I D Parry India Cyclically Adjusted PS Ratio Chart

E I D Parry India 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 - 0.17 0.36 0.47 0.45

E I D Parry India 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 0.53 0.45 0.43 0.48 0.49

Competitive Comparison of E I D Parry India's Cyclically Adjusted PS Ratio

For the Agricultural Inputs subindustry, E I D Parry India'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.


E I D Parry India's Cyclically Adjusted PS Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, E I D Parry India's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where E I D Parry India's Cyclically Adjusted PS Ratio falls into.



E I D Parry India 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.

E I D Parry India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=627.45/1125.83
=0.56

* 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.

E I D Parry India's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, E I D Parry India'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)
=436.385/153.2548*153.2548
=436.385

Current CPI (Dec. 2023) = 153.2548.

E I D Parry India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 -13.185 91.425 -22.102
201406 144.776 94.103 235.781
201409 232.203 96.780 367.701
201412 202.961 96.780 321.395
201503 27.083 97.163 42.718
201506 156.902 99.841 240.844
201509 248.331 101.753 374.021
201512 213.725 102.901 318.310
201603 250.140 102.518 373.935
201606 169.427 105.961 245.047
201609 262.451 105.961 379.591
201612 194.432 105.196 283.258
201703 189.125 105.196 275.527
201706 186.397 107.109 266.703
201709 288.559 109.021 405.636
201712 197.762 109.404 277.028
201803 182.329 109.786 254.520
201806 189.933 111.317 261.490
201809 328.481 115.142 437.211
201812 209.774 115.142 279.211
201903 20.927 118.202 27.133
201906 176.117 120.880 223.286
201909 319.428 123.175 397.434
201912 230.156 126.235 279.419
202003 46.729 124.705 57.427
202006 231.607 127.000 279.487
202009 328.723 130.118 387.175
202012 263.775 130.889 308.848
202103 23.936 131.771 27.839
202106 245.611 134.084 280.727
202109 392.650 135.847 442.965
202112 367.032 138.161 407.130
202203 -68.094 138.822 -75.174
202206 401.620 142.347 432.394
202209 635.726 144.661 673.492
202212 556.767 145.763 585.384
202303 -433.877 146.865 -452.755
202306 394.374 150.280 402.180
202309 509.793 151.492 515.725
202312 436.385 153.255 436.385

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.


E I D Parry India  (NSE:EIDPARRY) 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.


E I D Parry India Cyclically Adjusted PS Ratio Related Terms

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


E I D Parry India (NSE:EIDPARRY) Business Description

Traded in Other Exchanges
Address
NSC Bose Road, Parrys Corner, Dare House, New No. 2, Old 234, Chennai, TN, IND, 600 001
E I D Parry India Ltd is a sugar producer headquartered in India. The company operates through four operating segments: sugar, cogeneration, distillery, and nutraceuticals. The sugar business produces sugar from the crushing of sugarcane and generates the most revenue for the company. The co-generation business produces bagasse, a byproduct of sugarcane, which is used in generating power. The distillery segment produces ethanol from molasses, a byproduct of sugarcane, which is then blended with gasoline for powering vehicles. The nutraceuticals unit produces organic products that target the human health and wellness market. The company has operations that span North America, Europe, India, and other regions of the world, with India being the region where it generates most of its sales.

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