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Remi Edelstahl Tubulars (BOM:513043) Cyclically Adjusted PS Ratio : 0.77 (As of May. 23, 2024)


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What is Remi Edelstahl Tubulars Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Remi Edelstahl Tubulars's current share price is ₹102.85. Remi Edelstahl Tubulars's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹133.67. Remi Edelstahl Tubulars's Cyclically Adjusted PS Ratio for today is 0.77.

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

BOM:513043' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.28   Max: 0.73
Current: 0.73

During the past years, Remi Edelstahl Tubulars's highest Cyclically Adjusted PS Ratio was 0.73. The lowest was 0.10. And the median was 0.28.

BOM:513043's Cyclically Adjusted PS Ratio is ranked worse than
63.51% of 518 companies
in the Steel industry
Industry Median: 0.485 vs BOM:513043: 0.73

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.

Remi Edelstahl Tubulars's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹27.130. 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 ₹133.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Remi Edelstahl Tubulars Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Remi Edelstahl Tubulars'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.

Remi Edelstahl Tubulars Cyclically Adjusted PS Ratio Chart

Remi Edelstahl Tubulars 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 - - 0.11 0.28 0.29

Remi Edelstahl Tubulars 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 0.33 0.29 0.31 0.31 0.58

Competitive Comparison of Remi Edelstahl Tubulars's Cyclically Adjusted PS Ratio

For the Steel subindustry, Remi Edelstahl Tubulars'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.


Remi Edelstahl Tubulars's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Remi Edelstahl Tubulars's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Remi Edelstahl Tubulars 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.

Remi Edelstahl Tubulars's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=102.85/133.67
=0.77

* 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.

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

For example, Remi Edelstahl Tubulars'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)
=27.13/152.9243*152.9243
=27.130

Current CPI (Dec. 2023) = 152.9243.

Remi Edelstahl Tubulars Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 41.380 91.425 69.215
201406 35.775 94.103 58.137
201409 52.988 96.780 83.727
201412 47.957 96.780 75.778
201503 41.140 97.163 64.750
201506 28.304 99.841 43.353
201509 29.867 101.753 44.887
201512 17.756 102.901 26.388
201603 24.959 102.518 37.231
201606 14.417 105.961 20.807
201609 13.359 105.961 19.280
201612 17.369 105.196 25.249
201703 17.636 105.196 25.638
201706 11.485 107.109 16.398
201709 17.717 109.021 24.852
201712 18.111 109.404 25.315
201803 13.640 109.786 19.000
201806 19.133 111.317 26.285
201809 22.446 115.142 29.811
201812 41.457 115.142 55.061
201903 28.705 118.202 37.137
201906 26.927 120.880 34.065
201909 27.869 123.175 34.600
201912 20.855 126.235 25.264
202003 17.444 124.705 21.391
202006 6.637 127.000 7.992
202009 18.813 130.118 22.110
202012 18.438 130.889 21.542
202103 29.791 131.771 34.574
202106 15.573 134.084 17.761
202109 15.737 135.847 17.715
202112 24.273 138.161 26.867
202203 37.542 138.822 41.356
202206 33.308 142.347 35.783
202209 37.228 144.661 39.355
202212 22.595 145.763 23.705
202303 31.121 146.865 32.405
202306 19.247 150.280 19.586
202309 24.969 151.492 25.205
202312 27.130 152.924 27.130

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.


Remi Edelstahl Tubulars  (BOM:513043) 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.


Remi Edelstahl Tubulars Cyclically Adjusted PS Ratio Related Terms

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


Remi Edelstahl Tubulars (BOM:513043) Business Description

Traded in Other Exchanges
N/A
Address
Walbhat Road, Plot No. 11, Remi House, 11 Cama Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400 063
Remi Edelstahl Tubulars Ltd is engaged in the business of manufacturing Stainless Steel Pipes and Tubes. In addition, it is also involved in the sale of wind power and Stainless steel goods. The company caters to both domestic and international markets, of which key revenue is derived from the sales made in India.

Remi Edelstahl Tubulars (BOM:513043) Headlines

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