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Grand Foundry (BOM:513343) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is Grand Foundry Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand Foundry Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Grand Foundry'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.

Grand Foundry Cyclically Adjusted PS Ratio Chart

Grand Foundry Annual Data
Trend Mar12 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 - - - - 0.56

Grand Foundry 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 - 0.56 - - -

Competitive Comparison of Grand Foundry's Cyclically Adjusted PS Ratio

For the Steel subindustry, Grand Foundry'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.


Grand Foundry's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Grand Foundry 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.

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

For example, Grand Foundry'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)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Grand Foundry Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 0.216 88.365 0.374
201309 0.842 91.042 1.414
201312 0.283 91.425 0.473
201409 0.343 96.780 0.542
201412 0.000 96.780 0.000
201503 0.656 97.163 1.032
201509 0.000 101.753 0.000
201512 0.028 102.901 0.042
201603 2.350 102.518 3.505
201606 0.971 105.961 1.401
201609 0.000 105.961 0.000
201612 0.197 105.196 0.286
201703 1.209 105.196 1.758
201706 8.091 107.109 11.552
201709 0.000 109.021 0.000
201712 1.928 109.404 2.695
201803 7.635 109.786 10.635
201806 8.209 111.317 11.277
201809 6.387 115.142 8.483
201812 6.348 115.142 8.431
201903 3.574 118.202 4.624
201906 2.074 120.880 2.624
201909 1.688 123.175 2.096
201912 0.767 126.235 0.929
202003 0.708 124.705 0.868
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.350 130.889 0.409
202103 0.000 131.771 0.000
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.000 138.822 0.000
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.032 146.865 0.033
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000

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.


Grand Foundry  (BOM:513343) 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.


Grand Foundry Cyclically Adjusted PS Ratio Related Terms

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


Grand Foundry (BOM:513343) Business Description

Industry
Traded in Other Exchanges
Address
Sanjay Appa Chambers, 302, Cabin No.1, Plot No. 82 Behind Charat Singh Colony, Chakala Midc, Andheri East, MH, IND, 400093
Grand Foundry Ltd is engaged in the manufacturing of bright steel bars and wires. The company offers various heat treatment processes and supplies commercial lots of heat-treated bars to specific standards in the international market American, and German standards. Its products are utilized for various applications in the engineering industries, including petrochemical, oil and natural gas, and automotive industries.

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