GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » DCM Shriram Ltd (BOM:523367) » Definitions » Cyclically Adjusted PS Ratio

DCM Shriram (BOM:523367) Cyclically Adjusted PS Ratio : 1.59 (As of Jun. 10, 2024)


View and export this data going back to 2000. Start your Free Trial

What is DCM Shriram Cyclically Adjusted PS Ratio?

As of today (2024-06-10), DCM Shriram's current share price is ₹991.90. DCM Shriram's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹624.37. DCM Shriram's Cyclically Adjusted PS Ratio for today is 1.59.

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

BOM:523367' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.51   Max: 2.3
Current: 1.58

During the past years, DCM Shriram's highest Cyclically Adjusted PS Ratio was 2.30. The lowest was 0.42. And the median was 1.51.

BOM:523367's Cyclically Adjusted PS Ratio is ranked worse than
59.72% of 1209 companies
in the Chemicals industry
Industry Median: 1.21 vs BOM:523367: 1.58

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.

DCM Shriram's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹152.473. 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 ₹624.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DCM Shriram Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DCM Shriram'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.

DCM Shriram Cyclically Adjusted PS Ratio Chart

DCM Shriram 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 0.45 0.99 2.07 1.27 1.38

DCM Shriram 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 1.27 1.49 1.77 1.65 1.38

Competitive Comparison of DCM Shriram's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, DCM Shriram'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.


DCM Shriram's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, DCM Shriram's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



DCM Shriram 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.

DCM Shriram's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=991.90/624.37
=1.59

* 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.

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

For example, DCM Shriram'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)
=152.473/153.0345*153.0345
=152.473

Current CPI (Mar. 2024) = 153.0345.

DCM Shriram Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 104.532 94.103 169.995
201409 87.655 96.780 138.605
201412 73.024 96.780 115.470
201503 79.334 97.163 124.953
201506 108.850 99.841 166.844
201509 87.202 101.753 131.150
201512 76.565 102.901 113.868
201603 80.878 102.518 120.731
201606 88.403 105.961 127.676
201609 83.597 105.961 120.735
201612 83.645 105.196 121.683
201703 98.774 105.196 143.692
201706 119.484 107.109 170.716
201709 98.401 109.021 138.127
201712 108.863 109.404 152.278
201803 95.408 109.786 132.992
201806 126.913 111.317 174.476
201809 106.096 115.142 141.012
201812 134.612 115.142 178.912
201903 122.055 118.202 158.023
201906 121.434 120.880 153.736
201909 111.935 123.175 139.070
201912 140.328 126.235 170.119
202003 121.498 124.705 149.099
202006 122.315 127.000 147.389
202009 130.830 130.118 153.872
202012 137.876 130.889 161.204
202103 139.405 131.771 161.901
202106 124.548 134.084 142.151
202109 136.887 135.847 154.206
202112 174.193 138.161 192.946
202203 178.133 138.822 196.370
202206 182.247 142.347 195.930
202209 175.074 144.661 185.208
202212 205.690 145.763 215.951
202303 173.278 146.865 180.558
202306 177.575 150.280 180.830
202309 173.055 151.492 174.817
202312 193.835 152.924 193.975
202403 152.473 153.035 152.473

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.


DCM Shriram  (BOM:523367) 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.


DCM Shriram Cyclically Adjusted PS Ratio Related Terms

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


DCM Shriram (BOM:523367) Business Description

Traded in Other Exchanges
Address
Aerocity, 2 Floor (West Wing), World Mark-1, New Delhi, IND, 110037
DCM Shriram Ltd is an Indian conglomerate company which comprises of Agri-Rural, Chlor-Vinyl and value-added businesses. The company's business activities include the manufacture of fertilisers and pesticides, basic inorganic chemicals N.E.C and refining sugar. The company produces Urea & SSP fertilisers, sugar, farm inputs such as DAP, caustic soda, chlorine, calcium carbide, PVC resins, PVC compounds, power, and cement. Its Agri-input business produces hybrid seeds, pesticides, Bulk fertilizers, micro-nutrients and other value-added inputs. In addition, company engaged in research, production, processing, extension activities and marketing. The company manages its business in six segments; Fertilisers, Chloro-Vinyl, Shriram Farm solution, Bioseed, Sugar, and others.

DCM Shriram (BOM:523367) Headlines

No Headlines