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Honeywell Automation India (BOM:517174) Cyclically Adjusted PS Ratio : 12.65 (As of Jun. 08, 2024)


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What is Honeywell Automation India Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Honeywell Automation India's current share price is ₹52381.50. Honeywell Automation India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹4,140.31. Honeywell Automation India's Cyclically Adjusted PS Ratio for today is 12.65.

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

BOM:517174' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.55   Med: 10.61   Max: 14.21
Current: 12.41

During the past years, Honeywell Automation India's highest Cyclically Adjusted PS Ratio was 14.21. The lowest was 7.55. And the median was 10.61.

BOM:517174's Cyclically Adjusted PS Ratio is ranked worse than
98% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs BOM:517174: 12.41

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.

Honeywell Automation India's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹1,075.939. 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 ₹4,140.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honeywell Automation India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Honeywell Automation India'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.

Honeywell Automation India Cyclically Adjusted PS Ratio Chart

Honeywell Automation India 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 7.95 13.74 10.96 9.45 9.34

Honeywell Automation India 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 9.45 10.52 9.87 8.95 9.34

Competitive Comparison of Honeywell Automation India's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Honeywell Automation India'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.


Honeywell Automation India's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Honeywell Automation India's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Honeywell Automation India's Cyclically Adjusted PS Ratio falls into.



Honeywell Automation India 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.

Honeywell Automation India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=52381.50/4140.31
=12.65

* 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.

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

For example, Honeywell Automation India'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)
=1075.939/153.0345*153.0345
=1,075.939

Current CPI (Mar. 2024) = 153.0345.

Honeywell Automation India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 511.303 91.425 855.861
201403 460.439 91.425 770.721
201406 505.146 94.103 821.494
201409 579.061 96.780 915.643
201506 579.837 99.841 888.767
201509 576.055 101.753 866.373
201512 680.134 102.901 1,011.497
201603 638.803 102.518 953.575
201606 638.181 105.961 921.694
201609 655.819 105.961 947.168
201612 761.891 105.196 1,108.365
201703 670.031 105.196 974.732
201706 741.382 107.109 1,059.270
201709 947.116 109.021 1,329.477
201712 816.062 109.404 1,141.510
201803 723.629 109.786 1,008.688
201806 871.361 111.317 1,197.920
201809 884.766 115.142 1,175.938
201812 918.314 115.142 1,220.526
201903 914.677 118.202 1,184.219
201906 969.272 120.880 1,227.104
201909 935.897 123.175 1,162.773
201912 1,019.226 126.235 1,235.603
202003 775.557 124.705 951.741
202006 832.651 127.000 1,003.339
202009 859.281 130.118 1,010.619
202012 988.645 130.889 1,155.916
202103 728.534 131.771 846.099
202106 772.676 134.084 881.879
202109 833.737 135.847 939.222
202112 972.684 138.161 1,077.399
202203 743.208 138.822 819.298
202206 889.131 142.347 955.885
202209 898.631 144.661 950.646
202212 1,150.498 145.763 1,207.893
202303 961.308 146.865 1,001.693
202306 1,054.422 150.280 1,073.748
202309 1,248.389 151.492 1,261.100
202312 1,210.854 152.924 1,211.727
202403 1,075.939 153.035 1,075.939

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.


Honeywell Automation India  (BOM:517174) 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.


Honeywell Automation India Cyclically Adjusted PS Ratio Related Terms

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


Honeywell Automation India (BOM:517174) Business Description

Traded in Other Exchanges
Address
56 and 57, Hadapsar Industrial Estate, Pune, MH, IND, 411 013
Honeywell Automation India Ltd provides automation and control systems in India and internationally. The company offers distributed control systems, transmitters, programmable logic controllers, emergency shutdown systems, quality controls systems, advanced software solutions, industrial Internet of things solutions, and comprehensive life cycle services. It also provides building management systems, fire detection and alarm systems, access control systems, video surveillance systems, integrated security systems, and integrated building management systems.

Honeywell Automation India (BOM:517174) Headlines

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