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Torrent Pharmaceuticals (NSE:TORNTPHARM) Cyclically Adjusted PS Ratio : 9.64 (As of May. 26, 2024)


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What is Torrent Pharmaceuticals Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Torrent Pharmaceuticals's current share price is ₹2612.55. Torrent Pharmaceuticals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹271.00. Torrent Pharmaceuticals's Cyclically Adjusted PS Ratio for today is 9.64.

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

NSE:TORNTPHARM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.37   Med: 6.69   Max: 10.09
Current: 9.64

During the past years, Torrent Pharmaceuticals's highest Cyclically Adjusted PS Ratio was 10.09. The lowest was 5.37. And the median was 6.69.

NSE:TORNTPHARM's Cyclically Adjusted PS Ratio is ranked worse than
93.14% of 743 companies
in the Drug Manufacturers industry
Industry Median: 2.11 vs NSE:TORNTPHARM: 9.64

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.

Torrent Pharmaceuticals's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹79.576. 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 ₹271.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Torrent Pharmaceuticals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Torrent Pharmaceuticals'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.

Torrent Pharmaceuticals Cyclically Adjusted PS Ratio Chart

Torrent Pharmaceuticals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.10 6.13 6.18 6.12

Torrent Pharmaceuticals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.30 6.12 7.32 7.27 8.51

Competitive Comparison of Torrent Pharmaceuticals's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Torrent Pharmaceuticals'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.


Torrent Pharmaceuticals's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Torrent Pharmaceuticals's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Torrent Pharmaceuticals 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.

Torrent Pharmaceuticals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2612.55/271
=9.64

* 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.

Torrent Pharmaceuticals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Torrent Pharmaceuticals's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=79.576/152.9243*152.9243
=79.576

Current CPI (Dec. 2023) = 152.9243.

Torrent Pharmaceuticals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 35.681 91.425 59.683
201406 32.248 94.103 52.406
201409 35.513 96.780 56.115
201412 34.126 96.780 53.923
201503 33.397 97.163 52.563
201506 55.709 99.841 85.329
201509 48.847 101.753 73.412
201512 44.990 102.901 66.861
201603 43.738 102.518 65.243
201606 44.768 105.961 64.610
201609 41.603 105.961 60.042
201612 41.557 105.196 60.412
201703 40.793 105.196 59.301
201706 39.369 107.109 56.209
201709 41.091 109.021 57.638
201712 41.660 109.404 58.232
201803 49.921 109.786 69.536
201806 54.345 111.317 74.658
201809 54.858 115.142 72.859
201812 57.411 115.142 76.250
201903 53.909 118.202 69.745
201906 58.274 120.880 73.722
201909 58.395 123.175 72.499
201912 56.609 126.235 68.577
202003 56.597 124.705 69.404
202006 59.542 127.000 71.696
202009 58.654 130.118 68.935
202012 58.164 130.889 67.956
202103 56.648 131.771 65.742
202106 62.733 134.084 71.548
202109 62.025 135.847 69.822
202112 61.920 138.161 68.537
202203 62.121 138.822 68.432
202206 67.659 142.347 72.686
202209 65.381 144.661 69.116
202212 72.675 145.763 76.246
202303 72.485 146.865 75.476
202306 75.361 150.280 76.687
202309 77.546 151.492 78.279
202312 79.576 152.924 79.576

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.


Torrent Pharmaceuticals  (NSE:TORNTPHARM) 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.


Torrent Pharmaceuticals Cyclically Adjusted PS Ratio Related Terms

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


Torrent Pharmaceuticals (NSE:TORNTPHARM) Business Description

Traded in Other Exchanges
Address
Off Ashram Road, Torrent House, Ahmedabad, GJ, IND, 380009
Torrent Pharmaceuticals Ltd is a drug manufacturing company with a focus on the cardiovascular, central nervous system, and gastrointestinal therapeutic areas. It operates through Generic Formulation Business segments. Geographically, the business activities are carried out across Indian and International markets.

Torrent Pharmaceuticals (NSE:TORNTPHARM) Headlines

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