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Steel Strips Infrastructures (BOM:513173) Cyclically Adjusted PS Ratio : 7.73 (As of Jun. 09, 2024)


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What is Steel Strips Infrastructures Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Steel Strips Infrastructures's current share price is ₹31.23. Steel Strips Infrastructures's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹4.04. Steel Strips Infrastructures's Cyclically Adjusted PS Ratio for today is 7.73.

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

BOM:513173' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 5.52   Max: 11.1
Current: 7.8

During the past years, Steel Strips Infrastructures's highest Cyclically Adjusted PS Ratio was 11.10. The lowest was 0.75. And the median was 5.52.

BOM:513173's Cyclically Adjusted PS Ratio is ranked worse than
86.61% of 1367 companies
in the Real Estate industry
Industry Median: 1.75 vs BOM:513173: 7.80

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.

Steel Strips Infrastructures's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹0.353. 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 ₹4.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steel Strips Infrastructures Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Steel Strips Infrastructures'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.

Steel Strips Infrastructures Cyclically Adjusted PS Ratio Chart

Steel Strips Infrastructures 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 - - 0.87 6.06 4.59

Steel Strips Infrastructures 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 6.11 4.59 4.49 5.97 7.56

Competitive Comparison of Steel Strips Infrastructures's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Steel Strips Infrastructures'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.


Steel Strips Infrastructures's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Steel Strips Infrastructures's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Steel Strips Infrastructures's Cyclically Adjusted PS Ratio falls into.



Steel Strips Infrastructures 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.

Steel Strips Infrastructures's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.23/4.04
=7.73

* 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.

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

For example, Steel Strips Infrastructures'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)
=0.353/152.9243*152.9243
=0.353

Current CPI (Dec. 2023) = 152.9243.

Steel Strips Infrastructures Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.511 91.425 2.527
201406 1.203 94.103 1.955
201409 1.332 96.780 2.105
201412 0.957 96.780 1.512
201503 1.072 97.163 1.687
201506 0.977 99.841 1.496
201509 1.164 101.753 1.749
201512 1.111 102.901 1.651
201603 3.568 102.518 5.322
201606 1.645 105.961 2.374
201609 1.172 105.961 1.691
201612 0.932 105.196 1.355
201703 0.325 105.196 0.472
201706 0.409 107.109 0.584
201709 0.617 109.021 0.865
201712 0.604 109.404 0.844
201803 0.588 109.786 0.819
201806 0.595 111.317 0.817
201809 0.567 115.142 0.753
201812 0.551 115.142 0.732
201903 0.535 118.202 0.692
201906 0.579 120.880 0.732
201909 1.035 123.175 1.285
201912 0.549 126.235 0.665
202003 0.538 124.705 0.660
202006 0.182 127.000 0.219
202009 0.337 130.118 0.396
202012 0.354 130.889 0.414
202103 0.156 131.771 0.181
202106 0.312 134.084 0.356
202109 0.321 135.847 0.361
202112 0.320 138.161 0.354
202203 0.324 138.822 0.357
202206 0.320 142.347 0.344
202209 0.327 144.661 0.346
202212 0.330 145.763 0.346
202303 0.316 146.865 0.329
202306 0.315 150.280 0.321
202309 0.368 151.492 0.371
202312 0.353 152.924 0.353

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.


Steel Strips Infrastructures  (BOM:513173) 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.


Steel Strips Infrastructures Cyclically Adjusted PS Ratio Related Terms

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Steel Strips Infrastructures (BOM:513173) Business Description

Traded in Other Exchanges
N/A
Address
Madhya Marg, Sector 26, SCO 49-50, Chandigarh, PB, IND, 160 019
Steel Strips Infrastructures Ltd is an India-based company engaged in the real estate business. It earns its revenues through Rental Income of commercial property, Hoarding and publicity receipts, Receipts from Parking Areas, Interest income, Profit on the sale of Land and miscellaneous income.

Steel Strips Infrastructures (BOM:513173) Headlines

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