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Gujarat Cotex (BOM:514386) Cyclically Adjusted PS Ratio : 0.44 (As of Jun. 10, 2024)


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What is Gujarat Cotex Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Gujarat Cotex's current share price is ₹6.54. Gujarat Cotex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹14.87. Gujarat Cotex's Cyclically Adjusted PS Ratio for today is 0.44.

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

BOM:514386' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.22   Max: 1.01
Current: 0.44

During the past years, Gujarat Cotex's highest Cyclically Adjusted PS Ratio was 1.01. The lowest was 0.09. And the median was 0.22.

BOM:514386's Cyclically Adjusted PS Ratio is ranked better than
61.82% of 867 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs BOM:514386: 0.44

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.

Gujarat Cotex's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹2.192. 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 ₹14.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gujarat Cotex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gujarat Cotex'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.

Gujarat Cotex Cyclically Adjusted PS Ratio Chart

Gujarat Cotex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.09 0.29 0.19 0.22

Gujarat Cotex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.19 0.24 0.21 0.35 0.22

Competitive Comparison of Gujarat Cotex's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Gujarat Cotex'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.


Gujarat Cotex's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Gujarat Cotex 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.

Gujarat Cotex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.54/14.87
=0.44

* 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.

Gujarat Cotex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gujarat Cotex's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.192/153.0345*153.0345
=2.192

Current CPI (Mar. 2024) = 153.0345.

Gujarat Cotex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.560 94.103 0.911
201409 0.216 96.780 0.342
201412 0.095 96.780 0.150
201503 1.802 97.163 2.838
201506 0.965 99.841 1.479
201509 0.000 101.753 0.000
201512 0.977 102.901 1.453
201603 1.715 102.518 2.560
201606 0.000 105.961 0.000
201609 2.920 105.961 4.217
201612 0.900 105.196 1.309
201703 5.278 105.196 7.678
201706 4.364 107.109 6.235
201709 6.417 109.021 9.008
201712 6.490 109.404 9.078
201803 7.183 109.786 10.013
201806 4.075 111.317 5.602
201809 7.772 115.142 10.330
201812 7.300 115.142 9.702
201903 7.883 118.202 10.206
201906 2.859 120.880 3.620
201909 2.370 123.175 2.945
201912 0.330 126.235 0.400
202003 -0.377 124.705 -0.463
202006 0.130 127.000 0.157
202009 0.136 130.118 0.160
202012 1.417 130.889 1.657
202103 2.570 131.771 2.985
202106 1.519 134.084 1.734
202109 2.328 135.847 2.623
202112 3.177 138.161 3.519
202203 3.047 138.822 3.359
202206 3.646 142.347 3.920
202209 3.508 144.661 3.711
202212 3.221 145.763 3.382
202303 2.108 146.865 2.197
202306 3.400 150.280 3.462
202309 3.575 151.492 3.611
202312 2.980 152.924 2.982
202403 2.192 153.035 2.192

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.


Gujarat Cotex  (BOM:514386) 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.


Gujarat Cotex Cyclically Adjusted PS Ratio Related Terms

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


Gujarat Cotex (BOM:514386) Business Description

Traded in Other Exchanges
N/A
Address
2007, Shankar plaza, Nanpura, Timaliyawad, Surat, GJ, IND, 395001
Gujarat Cotex Ltd is an India-based company engaged in the trading of textile fabrics and trading in plots or land during the year. The company operates in single segment only the wholesale Trading in fabrics. In addition, it is involved in the manufacturing, bleaching, weaving, printing, and selling of all types of clothes and other related materials. The company caters to domestic markets.

Gujarat Cotex (BOM:514386) Headlines

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