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Kaira Can Co (BOM:504840) Cyclically Adjusted PS Ratio : 0.87 (As of Jun. 10, 2024)


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What is Kaira Can Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Kaira Can Co's current share price is ₹1960.00. Kaira Can Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹2,263.72. Kaira Can Co's Cyclically Adjusted PS Ratio for today is 0.87.

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

BOM:504840' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.04   Max: 1.8
Current: 0.87

During the past years, Kaira Can Co's highest Cyclically Adjusted PS Ratio was 1.80. The lowest was 0.56. And the median was 1.04.

BOM:504840's Cyclically Adjusted PS Ratio is ranked worse than
59.74% of 313 companies
in the Packaging & Containers industry
Industry Median: 0.74 vs BOM:504840: 0.87

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.

Kaira Can Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹590.028. 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 ₹2,263.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kaira Can Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kaira Can Co'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.

Kaira Can Co Cyclically Adjusted PS Ratio Chart

Kaira Can Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.57 1.03 1.06 0.85

Kaira Can Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.06 1.22 1.03 1.03 0.85

Competitive Comparison of Kaira Can Co's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, Kaira Can Co'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.


Kaira Can Co's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kaira Can Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kaira Can Co 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.

Kaira Can Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1960.00/2263.72
=0.87

* 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.

Kaira Can Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kaira Can Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=590.028/153.0345*153.0345
=590.028

Current CPI (Mar. 2024) = 153.0345.

Kaira Can Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 506.687 94.103 824.001
201409 302.612 96.780 478.507
201412 344.514 96.780 544.765
201503 426.540 97.163 671.813
201506 432.946 99.841 663.615
201509 319.002 101.753 479.771
201512 310.189 102.901 461.314
201603 295.734 102.518 441.458
201606 463.999 105.961 670.131
201609 337.674 105.961 487.686
201612 266.934 105.196 388.324
201703 350.449 105.196 509.818
201706 492.694 107.109 703.950
201709 364.661 109.021 511.879
201712 346.657 109.404 484.905
201803 363.496 109.786 506.688
201806 466.355 111.317 641.131
201809 406.207 115.142 539.888
201812 349.489 115.142 464.504
201903 219.387 118.202 284.037
201906 510.987 120.880 646.912
201909 432.711 123.175 537.607
201912 378.054 126.235 458.313
202003 254.305 124.705 312.076
202006 428.358 127.000 516.168
202009 496.617 130.118 584.082
202012 452.895 130.889 529.521
202103 297.247 131.771 345.214
202106 558.342 134.084 637.253
202109 711.572 135.847 801.601
202112 589.039 138.161 652.452
202203 450.977 138.822 497.148
202206 938.036 142.347 1,008.461
202209 655.833 144.661 693.794
202212 524.977 145.763 551.167
202303 634.241 146.865 660.886
202306 713.793 150.280 726.876
202309 569.514 151.492 575.313
202312 553.768 152.924 554.167
202403 590.028 153.035 590.028

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.


Kaira Can Co  (BOM:504840) 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.


Kaira Can Co Cyclically Adjusted PS Ratio Related Terms

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


Kaira Can Co (BOM:504840) Business Description

Traded in Other Exchanges
N/A
Address
Dr. E. Moses Road, ION House, Mahalaxmi, Mumbai, MH, IND, 400 011
Kaira Can Co Ltd is a manufacturer of metal containers in India. The company's operating segments include Tin Containers and Ice Cream Cones. The Tin Containers segment manufactures Open Top Sanitary Cans, General Line Metal Containers, and Components for Metal Containers. The Ice Cream Cones segment manufactures Rolled Sugar Cones for filling Ice cream. It generates maximum revenue from the Tin Containers segment. Geographically, it derives a majority of its revenue from India. The company products are used in Dairy Products, Processed Foods, Sweets, Printed Sheets and others.

Kaira Can Co (BOM:504840) Headlines

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