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Timken India (BOM:522113) Cyclically Adjusted PS Ratio : 13.74 (As of May. 24, 2024)


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What is Timken India Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Timken India's current share price is ₹3860.30. Timken India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹280.91. Timken India's Cyclically Adjusted PS Ratio for today is 13.74.

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

BOM:522113' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.28   Med: 11.12   Max: 15.15
Current: 14.98

During the past years, Timken India's highest Cyclically Adjusted PS Ratio was 15.15. The lowest was 6.28. And the median was 11.12.

BOM:522113's Cyclically Adjusted PS Ratio is ranked worse than
98.72% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs BOM:522113: 14.98

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.

Timken India's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹119.333. 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 ₹280.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Timken India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Timken 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.

Timken India Cyclically Adjusted PS Ratio Chart

Timken 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 - 6.47 9.80 11.14 10.16

Timken 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 11.14 13.17 11.58 11.89 10.16

Competitive Comparison of Timken India's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, Timken 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.


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

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

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



Timken 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3860.30/280.91
=13.74

* 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.

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

For example, Timken 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)
=119.333/153.0345*153.0345
=119.333

Current CPI (Mar. 2024) = 153.0345.

Timken India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 33.588 94.103 54.623
201409 34.394 96.780 54.386
201412 33.408 96.780 52.827
201503 34.081 97.163 53.679
201506 38.014 99.841 58.267
201509 38.016 101.753 57.175
201512 36.358 102.901 54.072
201603 41.341 102.518 61.712
201606 41.501 105.961 59.938
201609 41.548 105.961 60.006
201612 33.915 105.196 49.338
201703 38.294 105.196 55.708
201706 44.053 107.109 62.942
201709 45.629 109.021 64.050
201712 41.012 109.404 57.368
201803 50.716 109.786 70.695
201806 55.567 111.317 76.392
201809 54.963 115.142 73.051
201812 51.110 115.142 67.930
201903 57.132 118.202 73.968
201906 58.176 120.880 73.651
201909 53.328 123.175 66.256
201912 49.621 126.235 60.155
202003 52.589 124.705 64.536
202006 21.364 127.000 25.743
202009 52.107 130.118 61.284
202012 50.861 130.889 59.466
202103 62.112 131.771 72.135
202106 62.208 134.084 71.000
202109 74.175 135.847 83.560
202112 67.805 138.161 75.105
202203 85.858 138.822 94.648
202206 92.993 142.347 99.975
202209 92.390 144.661 97.738
202212 81.103 145.763 85.149
202303 106.598 146.865 111.076
202306 95.372 150.280 97.120
202309 90.666 151.492 91.589
202312 81.412 152.924 81.471
202403 119.333 153.035 119.333

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.


Timken India  (BOM:522113) 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.


Timken India Cyclically Adjusted PS Ratio Related Terms

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


Timken India (BOM:522113) Business Description

Traded in Other Exchanges
Address
Phase II, Hosur Road, No. 39-42, Electronic City, Bangalore, KA, IND, 560 100
Timken India Ltd is an India-based company that manufactures, distributes, and services bearings and related components. The company also provides repair and maintenance services for industrial gearboxes. The company's products, which primarily comprise engineered bearings and mechanical power transmission products, are marketed under brand names including Timken, Philadelphia Gear, Carlisle, Drives, Lovejoy, R+L, and Interlube. The company's clients come from sectors including defense, mining, metals, and civil aerospace. Timken India generates the majority of its sales from the Indian domestic market.

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