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Manaksia Aluminium Co (BOM:539045) Cyclically Adjusted PS Ratio : 0.43 (As of Jun. 04, 2024)


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What is Manaksia Aluminium Co Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Manaksia Aluminium Co's current share price is ₹26.82. Manaksia Aluminium Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹61.76. Manaksia Aluminium Co's Cyclically Adjusted PS Ratio for today is 0.43.

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

BOM:539045' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.43   Max: 0.48
Current: 0.44

During the past years, Manaksia Aluminium Co's highest Cyclically Adjusted PS Ratio was 0.48. The lowest was 0.38. And the median was 0.43.

BOM:539045's Cyclically Adjusted PS Ratio is ranked better than
78.73% of 583 companies
in the Metals & Mining industry
Industry Median: 1.3 vs BOM:539045: 0.44

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.

Manaksia Aluminium Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹17.954. 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 ₹61.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manaksia Aluminium Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Manaksia Aluminium 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.

Manaksia Aluminium Co Cyclically Adjusted PS Ratio Chart

Manaksia Aluminium 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 - - - - 0.42

Manaksia Aluminium Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - - 0.42

Competitive Comparison of Manaksia Aluminium Co's Cyclically Adjusted PS Ratio

For the Aluminum subindustry, Manaksia Aluminium 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.


Manaksia Aluminium Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Manaksia Aluminium Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Manaksia Aluminium Co's Cyclically Adjusted PS Ratio falls into.



Manaksia Aluminium 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.

Manaksia Aluminium Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.82/61.76
=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.

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

For example, Manaksia Aluminium 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)
=17.954/153.0345*153.0345
=17.954

Current CPI (Mar. 2024) = 153.0345.

Manaksia Aluminium Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 91.425 0.000
201406 6.243 94.103 10.153
201409 28.410 96.780 44.923
201412 8.788 96.780 13.896
201503 8.966 97.163 14.122
201506 12.054 99.841 18.476
201509 9.359 101.753 14.076
201512 10.494 102.901 15.607
201603 8.552 102.518 12.766
201606 7.542 105.961 10.893
201609 8.142 105.961 11.759
201612 11.017 105.196 16.027
201703 9.876 105.196 14.367
201706 8.920 107.109 12.745
201709 10.496 109.021 14.733
201712 7.919 109.404 11.077
201803 7.165 109.786 9.988
201806 9.554 111.317 13.135
201809 10.694 115.142 14.213
201812 11.124 115.142 14.785
201903 10.497 118.202 13.590
201906 13.062 120.880 16.537
201909 10.361 123.175 12.873
201912 10.773 126.235 13.060
202003 9.156 124.705 11.236
202006 7.886 127.000 9.503
202009 10.198 130.118 11.994
202012 10.174 130.889 11.895
202103 12.385 131.771 14.384
202106 12.223 134.084 13.950
202109 14.767 135.847 16.635
202112 19.715 138.161 21.837
202203 19.289 138.822 21.264
202206 18.277 142.347 19.649
202209 18.346 144.661 19.408
202212 16.285 145.763 17.097
202303 19.459 146.865 20.276
202309 15.197 151.492 15.352
202312 15.956 152.924 15.967
202403 17.954 153.035 17.954

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.


Manaksia Aluminium Co  (BOM:539045) 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.


Manaksia Aluminium Co Cyclically Adjusted PS Ratio Related Terms

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Manaksia Aluminium Co (BOM:539045) Business Description

Traded in Other Exchanges
Address
8/1 Lal Bazar Street, Bikaner Building, 3rd Floor, Kolkata, WB, IND, 700 001
Manaksia Aluminium Co Ltd is an Indian company engaged in manufacturing Aluminium rolled products and Aluminium alloy ingots. The products offered by the firm are Aluminium Coils, Aluminium Plain Sheets, Aluminium Roofing Sheets, Aluminium Color Coated Coils, Aluminium Flooring Sheets and Embossed Coils. The company has operations in India as well as overseas. It generates a vast majority of the revenue from the sale of products in the overseas market.

Manaksia Aluminium Co (BOM:539045) Headlines

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