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India Nippon Electricals (BOM:532240) Cyclically Adjusted PS Ratio : 2.40 (As of Jun. 06, 2024)


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What is India Nippon Electricals Cyclically Adjusted PS Ratio?

As of today (2024-06-06), India Nippon Electricals's current share price is ₹635.30. India Nippon Electricals's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹264.49. India Nippon Electricals's Cyclically Adjusted PS Ratio for today is 2.40.

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

BOM:532240' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.77   Max: 2.76
Current: 2.62

During the past 13 years, India Nippon Electricals's highest Cyclically Adjusted PS Ratio was 2.76. The lowest was 1.04. And the median was 1.77.

BOM:532240's Cyclically Adjusted PS Ratio is ranked worse than
83.48% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs BOM:532240: 2.62

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.

India Nippon Electricals's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹320.035. 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 ₹264.49 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


India Nippon Electricals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for India Nippon Electricals'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.

India Nippon Electricals Cyclically Adjusted PS Ratio Chart

India Nippon Electricals 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 1.00 1.79 1.93 1.37 2.57

India Nippon Electricals 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 1.37 - - - 2.57

Competitive Comparison of India Nippon Electricals's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, India Nippon Electricals'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.


India Nippon Electricals's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



India Nippon Electricals 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=635.30/264.49
=2.40

* 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.

India Nippon Electricals's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, India Nippon Electricals's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=320.035/153.0345*153.0345
=320.035

Current CPI (Mar24) = 153.0345.

India Nippon Electricals Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 144.879 97.163 228.189
201603 148.477 102.518 221.639
201703 153.976 105.196 223.997
201803 198.486 109.786 276.675
201903 230.147 118.202 297.968
202003 209.642 124.705 257.267
202103 211.174 131.771 245.251
202203 246.355 138.822 271.577
202303 290.094 146.865 302.281
202403 320.035 153.035 320.035

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.


India Nippon Electricals  (BOM:532240) 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.


India Nippon Electricals Cyclically Adjusted PS Ratio Related Terms

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


India Nippon Electricals (BOM:532240) Business Description

Traded in Other Exchanges
Address
No. 11 and 13, (Old No. 6 and 7) Patullos Road, Chennai, TN, IND, 600002
India Nippon Electricals Ltd is an India based company, engages in the business of manufacturing electronic ignition systems for two-wheelers, three-wheelers, and portable engines. The company offers AC generator products, such as flywheel magneto, stator, and rotor products, as well as CDI and TCI products, regulator and rectifier units, ignition coils, exhaust gas recirculation controllers, engine controller units, auto choke-generation purpose engines, dual output ignition products, non-contact and contact type throttle position sensors, and PM alternators. Geographically, it derives a majority of revenue from India.

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