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Govind Rubber (BOM:509148) Cyclically Adjusted PS Ratio : (As of May. 30, 2024)


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What is Govind Rubber Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Govind Rubber Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Govind Rubber'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.

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Govind Rubber Cyclically Adjusted PS Ratio Chart

Govind Rubber Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cyclically Adjusted PS Ratio
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Govind Rubber Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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Competitive Comparison of Govind Rubber's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Govind Rubber'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.


Govind Rubber's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Govind Rubber's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Govind Rubber 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.

Govind Rubber's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar20 is calculated as:

For example, Govind Rubber's adjusted Revenue per Share data for the fiscal year that ended in Mar20 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar20 (Change)*Current CPI (Mar20)
=0.187/124.7051*124.7051
=0.187

Current CPI (Mar20) = 124.7051.

Govind Rubber Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201103 155.593 70.768 274.180
201203 153.869 76.889 249.559
201303 187.448 85.687 272.804
201403 186.528 91.425 254.427
201503 155.099 97.163 199.064
201603 135.073 102.518 164.305
201703 94.029 105.196 111.467
201803 49.917 109.786 56.700
201903 1.221 118.202 1.288
202003 0.187 124.705 0.187

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.


Govind Rubber  (BOM:509148) 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.


Govind Rubber Cyclically Adjusted PS Ratio Related Terms

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Govind Rubber (BOM:509148) Business Description

Traded in Other Exchanges
N/A
Address
72, N.M.Joshi Marg, Sitaram Mill Compound, 418, Creative Industrial Estate, Lower Parel, Mumbai, MH, IND, 400 011
Govind Rubber Ltd manufactures bicycle tire in India. The company is engaged in the manufacturing of bicycle & auto tires and tubes. It manufactures tyres and tubes for two/ three wheelers and markets mountain bike tyres. It offers tires, such as Road/City/Tour, all-terrain bicycle (ATB), mountain bicycle (MTB), Race, bicycle motocross (BMX) and Wheel Chair. It offers tubes, such as Butyl and natural rubber (NR) tubes, valves and packaging. It offers tires for multirole use, such as dirt tracks, rough terrain, and mountainous terrain.

Govind Rubber (BOM:509148) Headlines

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