GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prime Industries Ltd (BOM:519299) » Definitions » Cyclically Adjusted PS Ratio

Prime Industries (BOM:519299) Cyclically Adjusted PS Ratio : 50.27 (As of Jun. 09, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Prime Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Prime Industries's current share price is ₹203.10. Prime Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹4.04. Prime Industries's Cyclically Adjusted PS Ratio for today is 50.27.

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

BOM:519299' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 2.95   Max: 69.46
Current: 50.33

During the past years, Prime Industries's highest Cyclically Adjusted PS Ratio was 69.46. The lowest was 0.36. And the median was 2.95.

BOM:519299's Cyclically Adjusted PS Ratio is ranked worse than
99.05% of 1367 companies
in the Real Estate industry
Industry Median: 1.75 vs BOM:519299: 50.33

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.

Prime Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹1.080. 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 ₹4.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prime Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Prime Industries'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.

Prime Industries Cyclically Adjusted PS Ratio Chart

Prime Industries 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 - 1.72 3.10 4.58 59.97

Prime Industries 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 4.58 35.63 38.20 53.06 59.97

Competitive Comparison of Prime Industries's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Prime Industries'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.


Prime Industries's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prime Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Prime Industries 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.

Prime Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=203.10/4.04
=50.27

* 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.

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

For example, Prime Industries'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)
=1.08/153.0345*153.0345
=1.080

Current CPI (Mar. 2024) = 153.0345.

Prime Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.010 94.103 0.016
201409 0.034 96.780 0.054
201412 0.008 96.780 0.013
201503 0.073 97.163 0.115
201506 0.096 99.841 0.147
201509 0.041 101.753 0.062
201512 0.146 102.901 0.217
201603 0.076 102.518 0.113
201606 0.088 105.961 0.127
201609 0.117 105.961 0.169
201612 0.115 105.196 0.167
201703 0.115 105.196 0.167
201706 0.191 107.109 0.273
201709 0.148 109.021 0.208
201712 0.106 109.404 0.148
201803 0.245 109.786 0.342
201806 0.071 111.317 0.098
201809 0.103 115.142 0.137
201812 0.112 115.142 0.149
201903 4.611 118.202 5.970
201906 0.115 120.880 0.146
201909 0.366 123.175 0.455
201912 0.100 126.235 0.121
202003 7.484 124.705 9.184
202006 0.228 127.000 0.275
202009 0.131 130.118 0.154
202012 0.083 130.889 0.097
202103 4.626 131.771 5.373
202106 0.316 134.084 0.361
202109 0.136 135.847 0.153
202112 0.190 138.161 0.210
202203 0.114 138.822 0.126
202206 0.147 142.347 0.158
202209 0.461 144.661 0.488
202212 0.226 145.763 0.237
202303 3.936 146.865 4.101
202306 7.296 150.280 7.430
202309 0.949 151.492 0.959
202312 0.557 152.924 0.557
202403 1.080 153.035 1.080

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.


Prime Industries  (BOM:519299) 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.


Prime Industries Cyclically Adjusted PS Ratio Related Terms

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


Prime Industries (BOM:519299) Business Description

Traded in Other Exchanges
N/A
Address
Master Chambers, 3rd Floor, SCO 19, Feroze Gandhi Market, Ludhiana, PB, IND, 141 001
Prime Industries Ltd is engaged in real estate and allied activities. It generates revenue income from the sale of land, securities, and others.

Prime Industries (BOM:519299) Headlines

No Headlines