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Yarn Syndicate (BOM:514378) Cyclically Adjusted PS Ratio : 1.95 (As of May. 26, 2024)


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What is Yarn Syndicate Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Yarn Syndicate's current share price is ₹27.21. Yarn Syndicate's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹13.97. Yarn Syndicate's Cyclically Adjusted PS Ratio for today is 1.95.

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

BOM:514378' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.67   Med: 1.83   Max: 2.49
Current: 1.95

During the past years, Yarn Syndicate's highest Cyclically Adjusted PS Ratio was 2.49. The lowest was 1.67. And the median was 1.83.

BOM:514378's Cyclically Adjusted PS Ratio is ranked worse than
77.16% of 858 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs BOM:514378: 1.95

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.

Yarn Syndicate's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹2.453. 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 ₹13.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yarn Syndicate Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yarn Syndicate'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.

Yarn Syndicate Cyclically Adjusted PS Ratio Chart

Yarn Syndicate Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
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Yarn Syndicate 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 - - - 2.77 1.65

Competitive Comparison of Yarn Syndicate's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Yarn Syndicate'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.


Yarn Syndicate's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yarn Syndicate's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yarn Syndicate 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.

Yarn Syndicate's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.21/13.97
=1.95

* 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.

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

For example, Yarn Syndicate'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)
=2.453/152.9243*152.9243
=2.453

Current CPI (Dec. 2023) = 152.9243.

Yarn Syndicate Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.013 91.425 0.022
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.024 96.780 0.038
201503 0.000 97.163 0.000
201506 0.006 99.841 0.009
201509 0.046 101.753 0.069
201512 0.030 102.901 0.045
201603 0.000 102.518 0.000
201606 0.130 105.961 0.188
201609 0.131 105.961 0.189
201612 7.812 105.196 11.356
201703 13.588 105.196 19.753
201706 0.196 107.109 0.280
201709 0.000 109.021 0.000
201712 0.460 109.404 0.643
201803 0.000 109.786 0.000
201806 0.000 111.317 0.000
201809 9.476 115.142 12.585
201812 0.000 115.142 0.000
201903 0.000 118.202 0.000
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 0.000 124.705 0.000
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
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 0.000 146.865 0.000
202306 0.000 150.280 0.000
202309 1.260 151.492 1.272
202312 2.453 152.924 2.453

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.


Yarn Syndicate  (BOM:514378) 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.


Yarn Syndicate Cyclically Adjusted PS Ratio Related Terms

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


Yarn Syndicate (BOM:514378) Business Description

Traded in Other Exchanges
Address
86/2/4, S.N. Banerjee Road, 1st Floor, Flat No. 2, Kolkata, WB, IND, 700 014
Yarn Syndicate Ltd is engaged in the trading and export of yarn. The company offers various products such as Cotton yarn, Synthetic yarn, Blended yarn, Melange and Heathers yarn, Knitted and Woven Fabrics.

Yarn Syndicate (BOM:514378) Headlines

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