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Rajasthan Tube Manufacturing Co (BOM:530253) Cyclically Adjusted PS Ratio : 0.13 (As of Jun. 07, 2024)


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What is Rajasthan Tube Manufacturing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Rajasthan Tube Manufacturing Co's current share price is ₹27.28. Rajasthan Tube Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹207.49. Rajasthan Tube Manufacturing Co's Cyclically Adjusted PS Ratio for today is 0.13.

The historical rank and industry rank for Rajasthan Tube Manufacturing Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:530253' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.08   Max: 0.23
Current: 0.13

During the past years, Rajasthan Tube Manufacturing Co's highest Cyclically Adjusted PS Ratio was 0.23. The lowest was 0.05. And the median was 0.08.

BOM:530253's Cyclically Adjusted PS Ratio is ranked better than
90.23% of 522 companies
in the Steel industry
Industry Median: 0.48 vs BOM:530253: 0.13

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.

Rajasthan Tube Manufacturing Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹41.879. 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 ₹207.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rajasthan Tube Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rajasthan Tube Manufacturing Co'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.

Rajasthan Tube Manufacturing Co Cyclically Adjusted PS Ratio Chart

Rajasthan Tube Manufacturing Co 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 - 0.07 0.09 0.06 0.15

Rajasthan Tube Manufacturing Co 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 0.06 0.11 0.12 0.20 0.15

Competitive Comparison of Rajasthan Tube Manufacturing Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, Rajasthan Tube Manufacturing Co'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.


Rajasthan Tube Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rajasthan Tube Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Rajasthan Tube Manufacturing Co's Cyclically Adjusted PS Ratio falls into.



Rajasthan Tube Manufacturing Co 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.

Rajasthan Tube Manufacturing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.28/207.49
=0.13

* 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.

Rajasthan Tube Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Rajasthan Tube Manufacturing Co'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)
=41.879/153.0345*153.0345
=41.879

Current CPI (Mar. 2024) = 153.0345.

Rajasthan Tube Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 57.209 94.103 93.036
201409 28.069 96.780 44.384
201412 53.865 96.780 85.174
201503 51.315 97.163 80.823
201506 55.202 99.841 84.613
201509 28.917 101.753 43.490
201512 51.840 102.901 77.097
201603 36.943 102.518 55.147
201606 48.334 105.961 69.806
201609 31.993 105.961 46.206
201612 48.213 105.196 70.138
201703 35.607 105.196 51.799
201706 44.878 107.109 64.121
201709 27.631 109.021 38.786
201712 57.636 109.404 80.621
201803 41.595 109.786 57.980
201806 46.126 111.317 63.413
201809 33.759 115.142 44.869
201812 52.968 115.142 70.399
201903 37.835 118.202 48.984
201906 33.293 120.880 42.149
201909 18.627 123.175 23.142
201912 32.487 126.235 39.384
202003 7.953 124.705 9.760
202006 18.519 127.000 22.315
202009 14.583 130.118 17.151
202012 37.150 130.889 43.435
202103 22.987 131.771 26.696
202106 34.205 134.084 39.039
202109 22.220 135.847 25.031
202112 27.761 138.161 30.750
202203 34.533 138.822 38.069
202206 72.973 142.347 78.452
202209 35.297 144.661 37.340
202212 50.160 145.763 52.662
202303 62.779 146.865 65.416
202306 56.792 150.280 57.833
202309 53.782 151.492 54.330
202312 59.103 152.924 59.146
202403 41.879 153.035 41.879

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.


Rajasthan Tube Manufacturing Co  (BOM:530253) 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.


Rajasthan Tube Manufacturing Co Cyclically Adjusted PS Ratio Related Terms

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


Rajasthan Tube Manufacturing Co (BOM:530253) Business Description

Traded in Other Exchanges
N/A
Address
Maharkala Road, Jatawali Mod, 28-37, Banke Bihari Industrial Area, Village Dehra, Teh. Chomu, Jaipur, RJ, IND, 303806
Rajasthan Tube Manufacturing Co Ltd manufactures and trades in steel tubes, pipes, and sheets in India. It offers Electric Resistance Welding (ERW) steel black pipes, ERW steel galvanized pipes, and hot rolled steel sheets. Its steel black and galvanized steel pipes/tubes are used in various applications, such as water pipelines, water mains, sewerage systems, industrial water lines, crude oil piping, and cross-country pipelines. Its hot rolled steel sheets are used in making tubular products, including hot rolled coils, pipes, LPG cylinders, shuttering plates, and off late in the construction sector; as a component in the making of pressure vessels, in buildings, and hull and steel structures, as well as in boiler usage; and making critical safety parts and automobile suspension.

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