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Atul Auto (BOM:531795) Cyclically Adjusted PS Ratio : 1.85 (As of Jun. 06, 2024)


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What is Atul Auto Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Atul Auto's current share price is ₹529.75. Atul Auto's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹286.38. Atul Auto's Cyclically Adjusted PS Ratio for today is 1.85.

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

BOM:531795' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.24   Max: 2.2
Current: 1.78

During the past years, Atul Auto's highest Cyclically Adjusted PS Ratio was 2.20. The lowest was 0.58. And the median was 1.24.

BOM:531795's Cyclically Adjusted PS Ratio is ranked worse than
74.83% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs BOM:531795: 1.78

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.

Atul Auto's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹56.996. 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 ₹286.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atul Auto Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Atul Auto'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.

Atul Auto Cyclically Adjusted PS Ratio Chart

Atul Auto 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 - - 0.58 1.08 1.66

Atul Auto 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 1.08 1.20 2.07 1.97 1.66

Competitive Comparison of Atul Auto's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Atul Auto'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.


Atul Auto's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Atul Auto's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Atul Auto 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.

Atul Auto's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=529.75/286.38
=1.85

* 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.

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

For example, Atul Auto'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)
=56.996/153.0345*153.0345
=56.996

Current CPI (Mar. 2024) = 153.0345.

Atul Auto Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 51.308 91.425 85.884
201406 45.487 94.103 73.973
201409 59.822 96.780 94.594
201412 63.444 96.780 100.321
201503 55.770 97.163 87.839
201506 48.722 99.841 74.681
201509 65.124 101.753 97.945
201512 69.153 102.901 102.845
201603 59.059 102.518 88.160
201606 42.359 105.961 61.177
201609 65.374 105.961 94.417
201612 61.405 105.196 89.329
201703 46.015 105.196 66.941
201706 52.662 107.109 75.242
201709 72.393 109.021 101.619
201803 0.000 109.786 0.000
201806 62.058 111.317 85.315
201809 79.884 115.142 106.173
201812 84.219 115.142 111.935
201903 75.261 118.202 97.439
201906 66.314 120.880 83.954
201909 77.663 123.175 96.490
201912 86.941 126.235 105.398
202003 50.527 124.705 62.005
202006 11.756 127.000 14.166
202009 34.122 130.118 40.132
202012 45.641 130.889 53.363
202103 40.730 131.771 47.303
202106 14.301 134.084 16.322
202109 37.927 135.847 42.726
202112 45.558 138.161 50.463
202203 41.965 138.822 46.261
202206 47.714 142.347 51.296
202209 54.778 144.661 57.949
202212 59.605 145.763 62.579
202303 76.883 146.865 80.113
202306 26.540 150.280 27.026
202309 54.210 151.492 54.762
202312 47.079 152.924 47.113
202403 56.996 153.035 56.996

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.


Atul Auto  (BOM:531795) 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.


Atul Auto Cyclically Adjusted PS Ratio Related Terms

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


Atul Auto (BOM:531795) Business Description

Traded in Other Exchanges
Address
National Highway 8-B, Survey No. 86, Near Microwave Tower, Plot No. 1 - 4, Shapar (Veraval), Rajkot District, Rajkot, GJ, IND, 360024
Atul Auto Ltd is an Indian-based automobile manufacturing company. It manufactures and sells three-wheeled commercial automobiles in the domestic and overseas markets. The product portfolio of the company includes Atul Shakti, Atul Gem, Atul Smart, Atul Gemini, Atul RIK, and Atul Elite. The company has a presence in India as well as exports its products internationally. The majority of the revenue is earned from the domestic market. It operates in the following segment namely Automotive Vehicles and Parts and Non-Banking Financial Business.

Atul Auto (BOM:531795) Headlines

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