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Raasi Refractories (BOM:502271) Cyclically Adjusted PS Ratio : 0.48 (As of Jun. 06, 2024)


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What is Raasi Refractories Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Raasi Refractories's current share price is ₹40.44. Raasi Refractories's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹84.83. Raasi Refractories's Cyclically Adjusted PS Ratio for today is 0.48.

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

BOM:502271' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.13   Max: 0.61
Current: 0.5

During the past years, Raasi Refractories's highest Cyclically Adjusted PS Ratio was 0.61. The lowest was 0.05. And the median was 0.13.

BOM:502271's Cyclically Adjusted PS Ratio is ranked better than
72.41% of 319 companies
in the Building Materials industry
Industry Median: 0.98 vs BOM:502271: 0.50

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.

Raasi Refractories's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹16.450. 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 ₹84.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raasi Refractories Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Raasi Refractories'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.

Raasi Refractories Cyclically Adjusted PS Ratio Chart

Raasi Refractories 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 - - 0.13 0.20 0.10

Raasi Refractories 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 0.11 0.10 0.09 0.14 0.26

Competitive Comparison of Raasi Refractories's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Raasi Refractories'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.


Raasi Refractories's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Raasi Refractories's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Raasi Refractories 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.

Raasi Refractories's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.44/84.83
=0.48

* 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.

Raasi Refractories's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Raasi Refractories'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)
=16.45/152.9243*152.9243
=16.450

Current CPI (Dec. 2023) = 152.9243.

Raasi Refractories Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.435 91.425 12.436
201406 8.986 94.103 14.603
201409 8.990 96.780 14.205
201412 9.962 96.780 15.741
201503 0.106 97.163 0.167
201506 4.613 99.841 7.066
201509 6.241 101.753 9.380
201512 2.965 102.901 4.406
201603 5.186 102.518 7.736
201606 5.067 105.961 7.313
201609 5.356 105.961 7.730
201612 2.836 105.196 4.123
201703 2.217 105.196 3.223
201706 5.326 107.109 7.604
201709 13.006 109.021 18.244
201712 16.683 109.404 23.319
201803 11.208 109.786 15.612
201806 16.332 111.317 22.437
201809 18.221 115.142 24.200
201812 29.809 115.142 39.590
201903 23.307 118.202 30.153
201906 34.972 120.880 44.243
201909 29.469 123.175 36.586
201912 44.256 126.235 53.613
202003 26.741 124.705 32.792
202006 19.513 127.000 23.496
202009 6.904 130.118 8.114
202012 7.083 130.889 8.275
202103 11.615 131.771 13.480
202106 21.130 134.084 24.099
202109 41.901 135.847 47.168
202112 40.148 138.161 44.438
202203 29.915 138.822 32.954
202206 19.233 142.347 20.662
202209 23.619 144.661 24.968
202212 34.257 145.763 35.940
202303 48.416 146.865 50.414
202306 4.961 150.280 5.048
202309 35.889 151.492 36.228
202312 16.450 152.924 16.450

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.


Raasi Refractories  (BOM:502271) 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.


Raasi Refractories Cyclically Adjusted PS Ratio Related Terms

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


Raasi Refractories (BOM:502271) Business Description

Traded in Other Exchanges
N/A
Address
House No. 15-145/9, Kodandaram Nagar, Saroor Nagar, Near Sarada Talkies, Hyderabad, TG, IND, 500060
Raasi Refractories Ltd is engaged in the manufacture of refractory products in India. The company offers Standard as well as Special refractories products which include basic refractories such as magnesite, alumina spinel bricks, fire clay and high alumina, cold and hot face insulation bricks, ramming, stopper heads, and much more.

Raasi Refractories (BOM:502271) Headlines

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