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Shah Metacorp (BOM:533275) Cyclically Adjusted PS Ratio : 0.43 (As of Jun. 10, 2024)


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What is Shah Metacorp Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Shah Metacorp's current share price is ₹4.08. Shah Metacorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹9.46. Shah Metacorp's Cyclically Adjusted PS Ratio for today is 0.43.

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

BOM:533275' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.26   Max: 0.49
Current: 0.43

During the past years, Shah Metacorp's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.18. And the median was 0.26.

BOM:533275's Cyclically Adjusted PS Ratio is ranked better than
52.86% of 524 companies
in the Steel industry
Industry Median: 0.47 vs BOM:533275: 0.43

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.

Shah Metacorp's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹1.295. 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 ₹9.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shah Metacorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shah Metacorp'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.

Shah Metacorp Cyclically Adjusted PS Ratio Chart

Shah Metacorp 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 - - - 0.21 0.32

Shah Metacorp 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 0.21 0.26 0.25 0.43 0.32

Competitive Comparison of Shah Metacorp's Cyclically Adjusted PS Ratio

For the Steel subindustry, Shah Metacorp'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.


Shah Metacorp's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Shah Metacorp 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.

Shah Metacorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.08/9.46
=0.43

* 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.

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

For example, Shah Metacorp'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)
=1.295/153.0345*153.0345
=1.295

Current CPI (Mar. 2024) = 153.0345.

Shah Metacorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 3.543 82.244 6.593
201212 3.314 83.774 6.054
201303 4.292 85.687 7.665
201306 5.265 88.365 9.118
201309 3.805 91.042 6.396
201312 2.627 91.425 4.397
201403 2.737 91.425 4.581
201406 2.500 94.103 4.066
201409 2.064 96.780 3.264
201412 1.496 96.780 2.366
201503 3.134 97.163 4.936
201506 2.429 99.841 3.723
201509 2.287 101.753 3.440
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 1.507 111.317 2.072
201809 2.084 115.142 2.770
201812 2.469 115.142 3.282
201903 1.575 118.202 2.039
201906 1.024 120.880 1.296
201909 0.956 123.175 1.188
201912 0.771 126.235 0.935
202003 0.619 124.705 0.760
202006 0.041 127.000 0.049
202009 0.062 130.118 0.073
202012 0.190 130.889 0.222
202103 0.359 131.771 0.417
202106 0.267 134.084 0.305
202109 0.254 135.847 0.286
202112 0.350 138.161 0.388
202203 0.176 138.822 0.194
202206 0.039 142.347 0.042
202209 0.199 144.661 0.211
202212 0.976 145.763 1.025
202303 0.622 146.865 0.648
202306 0.518 150.280 0.527
202309 0.562 151.492 0.568
202312 0.335 152.924 0.335
202403 1.295 153.035 1.295

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.


Shah Metacorp  (BOM:533275) 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.


Shah Metacorp Cyclically Adjusted PS Ratio Related Terms

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


Shah Metacorp (BOM:533275) Business Description

Industry
Traded in Other Exchanges
Address
Behind Times of India, Ashram Road, 2nd Floor, Mrudul Tower, Ahmedabad, GJ, IND, 380009
Shah Metacorp Ltd Formerly Gyscoal Alloys Ltd manufactures, exports and supplies Stainless Steel Long Products. The company's products portfolio includes Equal Angle bars, Bright bars, Flat bars, Flats (pata), and Ingots.

Shah Metacorp (BOM:533275) Headlines

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