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Hindustan Copper (BOM:513599) Cyclically Adjusted PS Ratio : 19.03 (As of May. 26, 2024)


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What is Hindustan Copper Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Hindustan Copper's current share price is ₹371.40. Hindustan Copper's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹19.52. Hindustan Copper's Cyclically Adjusted PS Ratio for today is 19.03.

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

BOM:513599' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 5.89   Max: 20.02
Current: 19.02

During the past years, Hindustan Copper's highest Cyclically Adjusted PS Ratio was 20.02. The lowest was 1.13. And the median was 5.89.

BOM:513599's Cyclically Adjusted PS Ratio is ranked worse than
96.23% of 583 companies
in the Metals & Mining industry
Industry Median: 1.34 vs BOM:513599: 19.02

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.

Hindustan Copper's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹4.120. 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 ₹19.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hindustan Copper Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hindustan Copper'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.

Hindustan Copper Cyclically Adjusted PS Ratio Chart

Hindustan Copper 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 - 1.19 6.30 5.97 5.09

Hindustan Copper 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 5.65 5.09 5.87 8.25 14.02

Competitive Comparison of Hindustan Copper's Cyclically Adjusted PS Ratio

For the Copper subindustry, Hindustan Copper'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.


Hindustan Copper's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hindustan Copper's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hindustan Copper 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.

Hindustan Copper's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=371.40/19.52
=19.03

* 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.

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

For example, Hindustan Copper'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)
=4.12/152.9243*152.9243
=4.120

Current CPI (Dec. 2023) = 152.9243.

Hindustan Copper Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.349 91.425 8.947
201406 3.149 94.103 5.117
201409 2.438 96.780 3.852
201412 2.507 96.780 3.961
201503 2.876 97.163 4.527
201506 2.553 99.841 3.910
201509 2.188 101.753 3.288
201512 2.201 102.901 3.271
201603 3.368 102.518 5.024
201606 2.220 105.961 3.204
201609 1.754 105.961 2.531
201612 2.567 105.196 3.732
201703 6.089 105.196 8.852
201706 4.159 107.109 5.938
201709 5.129 109.021 7.194
201712 4.644 109.404 6.491
201803 4.138 109.786 5.764
201806 4.515 111.317 6.203
201809 5.067 115.142 6.730
201812 5.114 115.142 6.792
201903 4.306 118.202 5.571
201906 3.286 120.880 4.157
201909 3.103 123.175 3.852
201912 1.009 126.235 1.222
202003 1.309 124.705 1.605
202006 4.665 127.000 5.617
202009 3.220 130.118 3.784
202012 5.823 130.889 6.803
202103 5.366 131.771 6.227
202106 2.756 134.084 3.143
202109 4.814 135.847 5.419
202112 5.645 138.161 6.248
202203 5.524 138.822 6.085
202206 3.601 142.347 3.869
202209 2.214 144.661 2.340
202212 5.765 145.763 6.048
202303 5.634 146.865 5.866
202306 3.844 150.280 3.912
202309 3.959 151.492 3.996
202312 4.120 152.924 4.120

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.


Hindustan Copper  (BOM:513599) 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.


Hindustan Copper Cyclically Adjusted PS Ratio Related Terms

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


Hindustan Copper (BOM:513599) Business Description

Traded in Other Exchanges
Address
1, Ashutosh Chowdhury Avenue, Tamara Bhavan, Kolkata, WB, IND, 700 019
Hindustan Copper Ltd is a copper production company. It is engaged in the exploration, exploitation, and mining of copper and copper ore including beneficiation of minerals, smelting, and refining. Geographically, it operates only in India. The company product portfolio includes Continuous cast copper wire rods, copper cathodes, Copper sulphate, sulphuric acid, Anode slime, and others. The company is primarily engaged in the business of manufacturing and sale of copper products.

Hindustan Copper (BOM:513599) Headlines

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