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Coal India (NSE:COALINDIA) Cyclically Adjusted PS Ratio : 2.67 (As of May. 26, 2024)


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What is Coal India Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Coal India's current share price is ₹501.00. Coal India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹187.81. Coal India's Cyclically Adjusted PS Ratio for today is 2.67.

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

NSE:COALINDIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.12   Max: 2.67
Current: 2.67

During the past years, Coal India's highest Cyclically Adjusted PS Ratio was 2.67. The lowest was 0.71. And the median was 1.12.

NSE:COALINDIA's Cyclically Adjusted PS Ratio is ranked worse than
77.27% of 110 companies
in the Other Energy Sources industry
Industry Median: 1.155 vs NSE:COALINDIA: 2.67

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.

Coal India's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹55.612. 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 ₹187.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coal India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Coal India'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.

Coal India Cyclically Adjusted PS Ratio Chart

Coal India 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 0.91 0.82 1.10 1.20 2.31

Coal India 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 1.20 1.27 1.60 2.01 2.31

Competitive Comparison of Coal India's Cyclically Adjusted PS Ratio

For the Thermal Coal subindustry, Coal India'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.


Coal India's Cyclically Adjusted PS Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Coal India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Coal India 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=501.00/187.81
=2.67

* 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.

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

For example, Coal India'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)
=55.612/153.0345*153.0345
=55.612

Current CPI (Mar. 2024) = 153.0345.

Coal India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 28.200 94.103 45.860
201409 24.814 96.780 39.237
201412 28.094 96.780 44.424
201503 32.887 97.163 51.798
201506 29.986 99.841 45.962
201509 26.832 101.753 40.355
201512 30.053 102.901 44.695
201603 32.801 102.518 48.964
201606 28.100 105.961 40.583
201609 24.723 105.961 35.706
201612 31.445 105.196 45.745
201703 37.445 105.196 54.473
201706 29.673 107.109 42.396
201709 28.278 109.021 39.694
201712 33.453 109.404 46.794
201803 43.421 109.786 60.526
201806 36.100 111.317 49.629
201809 32.868 115.142 43.685
201812 37.688 115.142 50.091
201903 43.034 118.202 55.715
201906 37.671 120.880 47.692
201909 30.829 123.175 38.302
201912 35.011 126.235 42.444
202003 41.559 124.705 51.000
202006 27.560 127.000 33.210
202009 31.591 130.118 37.155
202012 35.249 130.889 41.213
202103 40.148 131.771 46.627
202106 37.771 134.084 43.109
202109 34.582 135.847 38.957
202112 42.193 138.161 46.735
202203 48.647 138.822 53.628
202206 52.723 142.347 56.681
202209 44.701 144.661 47.288
202212 52.603 145.763 55.227
202303 57.070 146.865 59.468
202306 53.648 150.280 54.631
202309 48.628 151.492 49.123
202312 53.580 152.924 53.619
202403 55.612 153.035 55.612

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.


Coal India  (NSE:COALINDIA) 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.


Coal India Cyclically Adjusted PS Ratio Related Terms

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


Coal India (NSE:COALINDIA) Business Description

Traded in Other Exchanges
Address
Coal Bhawan, Premises No-04 MAR, Plot No-AF-III, Action Area-1A, 3rd Floor, Core-2, New Town, Rajarhat, Kolkata, WB, IND, 700156
Coal India Ltd is a state-owned coal mining company, which was formed when the government took over many private coal mines. As one of the largest coal producers in the world, Coal India is responsible for the vast majority of India's coal production. The company operates across numerous mining areas spread over various provincial states of India, and one mine planning and consultancy company. The Company is primarily engaged in a single segment business of production and sale of Coal. Coal India has hundreds of mines, the bulk of which are underground, closely trailed by open-pit, while also operating multiple coking coal washeries.

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