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Ipca Laboratories (NSE:IPCALAB) Cyclically Adjusted PS Ratio : 6.65 (As of Apr. 29, 2024)


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What is Ipca Laboratories Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Ipca Laboratories's current share price is ₹1338.50. Ipca Laboratories's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹201.23. Ipca Laboratories's Cyclically Adjusted PS Ratio for today is 6.65.

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

NSE:IPCALAB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.27   Med: 4.87   Max: 6.65
Current: 6.65

During the past 13 years, Ipca Laboratories's highest Cyclically Adjusted PS Ratio was 6.65. The lowest was 3.27. And the median was 4.87.

NSE:IPCALAB's Cyclically Adjusted PS Ratio is ranked worse than
87.96% of 739 companies
in the Drug Manufacturers industry
Industry Median: 2.09 vs NSE:IPCALAB: 6.65

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.

Ipca Laboratories's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹244.649. 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 ₹201.23 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ipca Laboratories Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ipca Laboratories'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.

Ipca Laboratories Cyclically Adjusted PS Ratio Chart

Ipca Laboratories 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 3.50 4.51 5.60 5.74 4.03

Ipca Laboratories 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 - 4.03 - - -

Competitive Comparison of Ipca Laboratories's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Ipca Laboratories'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.


Ipca Laboratories's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ipca Laboratories's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ipca Laboratories 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.

Ipca Laboratories's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1338.50/201.23
=6.65

* 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.

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

For example, Ipca Laboratories'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)
=244.649/146.8646*146.8646
=244.649

Current CPI (Mar23) = 146.8646.

Ipca Laboratories Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 128.646 91.425 206.656
201503 123.480 97.163 186.644
201603 113.632 102.518 162.786
201703 122.558 105.196 171.104
201803 127.035 109.786 169.939
201903 146.137 118.202 181.573
202003 180.268 124.705 212.301
202103 211.860 131.771 236.128
202203 227.291 138.822 240.459
202303 244.649 146.865 244.649

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.


Ipca Laboratories  (NSE:IPCALAB) 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.


Ipca Laboratories Cyclically Adjusted PS Ratio Related Terms

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


Ipca Laboratories (NSE:IPCALAB) Business Description

Traded in Other Exchanges
Address
125, Kandivli Industrial Estate, Kandivli (West), Mumbai, MH, IND, 400067
Ipca Laboratories Ltd is a specialty and generic drug manufacturing company. The company's principal activity is Development, Manufacturing and Marketing of Pharmaceuticals Products. The company operates multiple subsidiaries with revenue generation split roughly between India and the rest of the world. Ipca's products are exported to more than 100 countries across the globe. Ipca has only one reportable primary business segment, pharmaceuticals.

Ipca Laboratories (NSE:IPCALAB) Headlines

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