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JCT (BOM:500223) Cyclically Adjusted PS Ratio : 0.15 (As of Jun. 08, 2024)


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What is JCT Cyclically Adjusted PS Ratio?

As of today (2024-06-08), JCT's current share price is ₹2.40. JCT's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was ₹16.38. JCT's Cyclically Adjusted PS Ratio for today is 0.15.

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

BOM:500223' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.17   Max: 0.25
Current: 0.14

During the past years, JCT's highest Cyclically Adjusted PS Ratio was 0.25. The lowest was 0.10. And the median was 0.17.

BOM:500223's Cyclically Adjusted PS Ratio is ranked better than
89.17% of 868 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.635 vs BOM:500223: 0.14

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.

JCT's adjusted revenue per share data for the three months ended in Jun. 2023 was ₹1.302. 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 ₹16.38 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


JCT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JCT'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.

JCT Cyclically Adjusted PS Ratio Chart

JCT 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 - - - - 0.10

JCT Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.17 0.18 0.19 0.10 0.13

Competitive Comparison of JCT's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, JCT'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.


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

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

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



JCT 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.

JCT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.40/16.38
=0.15

* 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.

JCT's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, JCT's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=1.302/150.2801*150.2801
=1.302

Current CPI (Jun. 2023) = 150.2801.

JCT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 4.519 91.042 7.459
201312 5.069 91.425 8.332
201403 5.644 91.425 9.277
201406 3.348 94.103 5.347
201409 4.717 96.780 7.325
201412 4.808 96.780 7.466
201503 4.605 97.163 7.122
201506 4.941 99.841 7.437
201509 4.017 101.753 5.933
201512 4.101 102.901 5.989
201603 3.538 102.518 5.186
201606 3.401 105.961 4.823
201609 3.426 105.961 4.859
201612 3.513 105.196 5.019
201703 3.425 105.196 4.893
201706 2.828 107.109 3.968
201709 3.164 109.021 4.361
201712 3.086 109.404 4.239
201803 3.109 109.786 4.256
201806 3.146 111.317 4.247
201809 2.700 115.142 3.524
201812 2.477 115.142 3.233
201903 2.232 118.202 2.838
201906 2.145 120.880 2.667
201909 2.830 123.175 3.453
201912 2.091 126.235 2.489
202003 1.403 124.705 1.691
202006 1.508 127.000 1.784
202009 1.556 130.118 1.797
202012 2.315 130.889 2.658
202103 1.760 131.771 2.007
202106 1.726 134.084 1.934
202109 2.249 135.847 2.488
202112 2.468 138.161 2.684
202203 2.348 138.822 2.542
202206 2.310 142.347 2.439
202209 2.029 144.661 2.108
202212 1.730 145.763 1.784
202303 0.824 146.865 0.843
202306 1.302 150.280 1.302

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.


JCT  (BOM:500223) 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.


JCT Cyclically Adjusted PS Ratio Related Terms

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


JCT (BOM:500223) Business Description

Traded in Other Exchanges
N/A
Address
601, Prabhat Kiran, 17th Rajendra Place, New Delhi, IND, 110008
JCT Ltd is engaged in the manufacture of textiles and man-made fibers (nylon filament yarns). The company operates through two segments: Textiles and Filament yarn. The products considered as a part of the Textile segment are cloth and yarn and the products considered as a part of the Filament segment are nylon yarn and chips. The company generates maximum revenue from the Textile segment.

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