GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Piramal Enterprises Ltd (BOM:500302) » Definitions » Cyclically Adjusted Revenue per Share

Piramal Enterprises (BOM:500302) Cyclically Adjusted Revenue per Share : ₹577.53 (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Piramal Enterprises Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Piramal Enterprises's adjusted revenue per share for the three months ended in Mar. 2024 was ₹96.627. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₹577.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Piramal Enterprises's average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Piramal Enterprises was 6.00% per year. The lowest was 4.70% per year. And the median was 5.35% per year.

As of today (2024-06-04), Piramal Enterprises's current stock price is ₹754.30. Piramal Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹577.53. Piramal Enterprises's Cyclically Adjusted PS Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Piramal Enterprises was 3.23. The lowest was 0.84. And the median was 1.73.


Piramal Enterprises Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Piramal Enterprises's Cyclically Adjusted Revenue per Share 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.

Piramal Enterprises Cyclically Adjusted Revenue per Share Chart

Piramal Enterprises Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 471.86 503.06 529.55 562.20 577.53

Piramal Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 562.20 574.11 576.18 578.01 577.53

Competitive Comparison of Piramal Enterprises's Cyclically Adjusted Revenue per Share

For the Financial Conglomerates subindustry, Piramal Enterprises'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.


Piramal Enterprises's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Piramal Enterprises's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Piramal Enterprises Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Piramal Enterprises'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)
=96.627/153.0345*153.0345
=96.627

Current CPI (Mar. 2024) = 153.0345.

Piramal Enterprises Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 65.572 94.103 106.637
201409 69.508 96.780 109.910
201412 77.902 96.780 123.183
201503 73.390 97.163 115.591
201506 78.191 99.841 119.850
201509 83.991 101.753 126.320
201512 99.863 102.901 148.517
201603 94.546 102.518 141.134
201606 99.345 105.961 143.479
201609 106.835 105.961 154.297
201612 131.135 105.196 190.769
201703 138.118 105.196 200.928
201706 126.493 107.109 180.730
201709 142.864 109.021 200.540
201712 149.209 109.404 208.714
201803 150.607 109.786 209.936
201806 142.622 111.317 196.072
201809 153.920 115.142 204.574
201812 171.064 115.142 227.360
201903 111.534 118.202 144.401
201906 152.219 120.880 192.710
201909 160.035 123.175 198.830
201912 158.729 126.235 192.426
202003 139.782 124.705 171.536
202006 122.755 127.000 147.919
202009 137.999 130.118 162.304
202012 132.444 130.889 154.852
202103 140.530 131.771 163.208
202106 121.873 134.084 139.097
202109 65.777 135.847 74.099
202112 92.395 138.161 102.342
202203 96.869 138.822 106.787
202206 87.882 142.347 94.480
202209 79.341 144.661 83.933
202212 87.724 145.763 92.100
202303 88.172 146.865 91.876
202306 79.950 150.280 81.415
202309 80.928 151.492 81.752
202312 93.988 152.924 94.056
202403 96.627 153.035 96.627

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Piramal Enterprises  (BOM:500302) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Piramal Enterprises's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=754.30/577.53
=1.31

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Piramal Enterprises was 3.23. The lowest was 0.84. And the median was 1.73.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Piramal Enterprises Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Piramal Enterprises's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Piramal Enterprises (BOM:500302) Business Description

Traded in Other Exchanges
Address
LBS Marg, Kamani Junction, Opposite Fire Brigade, Agastya Corporate Park, Piramal Ananta, Kurla (West), Mumbai, MH, IND, 400 070
Piramal Enterprises Ltd is a global business conglomerate with an interest in financial services and real estate. The company offers a wide range of financial products and solutions, with exposure across both Retail and Wholesale lending.

Piramal Enterprises (BOM:500302) Headlines

No Headlines