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Mukat Pipes (BOM:523832) Cyclically Adjusted PS Ratio : 1.90 (As of Jun. 07, 2024)


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What is Mukat Pipes Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Mukat Pipes's current share price is ₹12.64. Mukat Pipes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹6.64. Mukat Pipes's Cyclically Adjusted PS Ratio for today is 1.90.

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

BOM:523832' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 1   Max: 2.79
Current: 1.84

During the past years, Mukat Pipes's highest Cyclically Adjusted PS Ratio was 2.79. The lowest was 0.09. And the median was 1.00.

BOM:523832's Cyclically Adjusted PS Ratio is ranked worse than
85.06% of 522 companies
in the Steel industry
Industry Median: 0.48 vs BOM:523832: 1.84

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.

Mukat Pipes's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹1.636. 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 ₹6.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mukat Pipes Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mukat Pipes'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.

Mukat Pipes Cyclically Adjusted PS Ratio Chart

Mukat Pipes 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 0.90 1.03 1.95

Mukat Pipes 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 1.03 1.13 1.02 1.89 1.95

Competitive Comparison of Mukat Pipes's Cyclically Adjusted PS Ratio

For the Steel subindustry, Mukat Pipes'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.


Mukat Pipes's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mukat Pipes's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mukat Pipes 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.

Mukat Pipes's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.64/6.64
=1.90

* 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.

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

For example, Mukat Pipes'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)
=1.636/153.0345*153.0345
=1.636

Current CPI (Mar. 2024) = 153.0345.

Mukat Pipes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.818 94.103 2.957
201409 1.749 96.780 2.766
201412 2.088 96.780 3.302
201503 1.719 97.163 2.707
201506 0.764 99.841 1.171
201509 1.298 101.753 1.952
201512 0.663 102.901 0.986
201603 1.410 102.518 2.105
201606 1.449 105.961 2.093
201609 1.387 105.961 2.003
201612 0.564 105.196 0.820
201703 1.027 105.196 1.494
201706 1.207 107.109 1.725
201709 2.222 109.021 3.119
201712 1.051 109.404 1.470
201803 0.907 109.786 1.264
201806 2.222 111.317 3.055
201809 2.066 115.142 2.746
201812 1.500 115.142 1.994
201903 1.021 118.202 1.322
201906 2.096 120.880 2.654
201909 0.937 123.175 1.164
201912 0.520 126.235 0.630
202003 0.413 124.705 0.507
202006 0.104 127.000 0.125
202009 1.663 130.118 1.956
202012 1.521 130.889 1.778
202103 1.620 131.771 1.881
202106 1.077 134.084 1.229
202109 1.268 135.847 1.428
202112 1.035 138.161 1.146
202203 2.046 138.822 2.255
202206 0.549 142.347 0.590
202209 0.482 144.661 0.510
202212 0.492 145.763 0.517
202303 1.465 146.865 1.527
202306 1.061 150.280 1.080
202309 1.222 151.492 1.234
202312 1.513 152.924 1.514
202403 1.636 153.035 1.636

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.


Mukat Pipes  (BOM:523832) 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.


Mukat Pipes Cyclically Adjusted PS Ratio Related Terms

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


Mukat Pipes (BOM:523832) Business Description

Industry
Traded in Other Exchanges
N/A
Address
J.P. Road, Versova, Flat Number 39, Parag Apartments, 7th Floor, Andheri (West), Mumbai, MH, IND, 400061
Mukat Pipes Ltd is an India-based company that operates in the business of pipes. The company is involved in the manufacturing of Longitudinal and helical pipes. The product offered by the company includes MS shells for Infrastructure, Longitudinal Submerged Arc Welded (SAW) pipes; Spiral SAW pipes; Site pipe fabrication, and Penstock pipes. Geographically, the group operates in India.

Mukat Pipes (BOM:523832) Headlines

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