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Zodiac JRD- MKJ (BOM:512587) Cyclically Adjusted PS Ratio : 1.61 (As of Jun. 08, 2024)


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What is Zodiac JRD- MKJ Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Zodiac JRD- MKJ's current share price is ₹69.27. Zodiac JRD- MKJ's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹42.97. Zodiac JRD- MKJ's Cyclically Adjusted PS Ratio for today is 1.61.

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

BOM:512587' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.79   Max: 2.26
Current: 1.57

During the past years, Zodiac JRD- MKJ's highest Cyclically Adjusted PS Ratio was 2.26. The lowest was 0.48. And the median was 0.79.

BOM:512587's Cyclically Adjusted PS Ratio is ranked worse than
81.3% of 770 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs BOM:512587: 1.57

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.

Zodiac JRD- MKJ's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹5.888. 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 ₹42.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zodiac JRD- MKJ Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zodiac JRD- MKJ'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.

Zodiac JRD- MKJ Cyclically Adjusted PS Ratio Chart

Zodiac JRD- MKJ 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 - - 0.58 0.73 0.66

Zodiac JRD- MKJ Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.88 0.78 0.66 0.75 1.30

Competitive Comparison of Zodiac JRD- MKJ's Cyclically Adjusted PS Ratio

For the Luxury Goods subindustry, Zodiac JRD- MKJ'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.


Zodiac JRD- MKJ's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zodiac JRD- MKJ's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zodiac JRD- MKJ's Cyclically Adjusted PS Ratio falls into.



Zodiac JRD- MKJ 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.

Zodiac JRD- MKJ's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=69.27/42.97
=1.61

* 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.

Zodiac JRD- MKJ's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Zodiac JRD- MKJ'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)
=5.888/152.9243*152.9243
=5.888

Current CPI (Dec. 2023) = 152.9243.

Zodiac JRD- MKJ Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 1.853 91.425 3.099
201403 15.026 91.425 25.134
201406 9.276 94.103 15.074
201409 9.820 96.780 15.517
201412 5.730 96.780 9.054
201503 14.205 97.163 22.357
201506 8.230 99.841 12.606
201509 7.473 101.753 11.231
201512 5.590 102.901 8.307
201603 9.530 102.518 14.216
201606 4.629 105.961 6.681
201609 11.330 105.961 16.352
201612 9.014 105.196 13.104
201703 10.116 105.196 14.706
201706 11.371 107.109 16.235
201709 5.767 109.021 8.089
201712 5.256 109.404 7.347
201803 16.253 109.786 22.639
201806 8.041 111.317 11.047
201809 9.348 115.142 12.415
201812 3.592 115.142 4.771
201903 7.778 118.202 10.063
201906 5.919 120.880 7.488
201909 6.885 123.175 8.548
201912 3.397 126.235 4.115
202003 7.847 124.705 9.623
202006 0.000 127.000 0.000
202009 3.235 130.118 3.802
202012 5.832 130.889 6.814
202103 7.800 131.771 9.052
202106 0.553 134.084 0.631
202109 11.394 135.847 12.826
202112 1.215 138.161 1.345
202203 23.485 138.822 25.871
202206 25.105 142.347 26.970
202209 0.047 144.661 0.050
202212 1.969 145.763 2.066
202303 2.131 146.865 2.219
202306 11.436 150.280 11.637
202312 5.888 152.924 5.888

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.


Zodiac JRD- MKJ  (BOM:512587) 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.


Zodiac JRD- MKJ Cyclically Adjusted PS Ratio Related Terms

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


Zodiac JRD- MKJ (BOM:512587) Business Description

Traded in Other Exchanges
N/A
Address
39 J.S.S. Road, 910, Parekh Market, Opera House, Opposite Kennedy Bridge, Mumbai, MH, IND, 400004
Zodiac JRD- MKJ Ltd is an India-based company engaged in the manufacturing of Diamond and gold Jewelry. The company operates in only one business segment viz. manufacturing, sale, and trading of Gold & Diamond jewelry, cut & polished Diamonds, Precious Stones & Semi Precious Stones. It offers silver jewelry, rough diamonds, precious stones, and semi-precious stones. The company is a part of the Jhaveri family (JRD group.

Zodiac JRD- MKJ (BOM:512587) Headlines

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