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Prime Industries (BOM:519299) Cyclically Adjusted Revenue per Share : ₹4.04 (As of Mar. 2024)


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What is Prime Industries 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.

Prime Industries's adjusted revenue per share for the three months ended in Mar. 2024 was ₹1.080. 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 ₹4.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Prime Industries's average Cyclically Adjusted Revenue Growth Rate was 37.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.10% 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 Prime Industries was 19.10% per year. The lowest was 19.10% per year. And the median was 19.10% per year.

As of today (2024-06-08), Prime Industries's current stock price is ₹203.10. Prime Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹4.04. Prime Industries's Cyclically Adjusted PS Ratio of today is 50.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Prime Industries was 69.46. The lowest was 0.36. And the median was 2.95.


Prime Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Prime Industries'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.

Prime Industries Cyclically Adjusted Revenue per Share Chart

Prime Industries 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 - 2.39 2.43 2.93 4.04

Prime Industries 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 2.93 3.72 3.84 3.92 4.04

Competitive Comparison of Prime Industries's Cyclically Adjusted Revenue per Share

For the Real Estate Services subindustry, Prime Industries'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.


Prime Industries's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prime Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Prime Industries 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, Prime Industries'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)
=1.08/153.0345*153.0345
=1.080

Current CPI (Mar. 2024) = 153.0345.

Prime Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.010 94.103 0.016
201409 0.034 96.780 0.054
201412 0.008 96.780 0.013
201503 0.073 97.163 0.115
201506 0.096 99.841 0.147
201509 0.041 101.753 0.062
201512 0.146 102.901 0.217
201603 0.076 102.518 0.113
201606 0.088 105.961 0.127
201609 0.117 105.961 0.169
201612 0.115 105.196 0.167
201703 0.115 105.196 0.167
201706 0.191 107.109 0.273
201709 0.148 109.021 0.208
201712 0.106 109.404 0.148
201803 0.245 109.786 0.342
201806 0.071 111.317 0.098
201809 0.103 115.142 0.137
201812 0.112 115.142 0.149
201903 4.611 118.202 5.970
201906 0.115 120.880 0.146
201909 0.366 123.175 0.455
201912 0.100 126.235 0.121
202003 7.484 124.705 9.184
202006 0.228 127.000 0.275
202009 0.131 130.118 0.154
202012 0.083 130.889 0.097
202103 4.626 131.771 5.373
202106 0.316 134.084 0.361
202109 0.136 135.847 0.153
202112 0.190 138.161 0.210
202203 0.114 138.822 0.126
202206 0.147 142.347 0.158
202209 0.461 144.661 0.488
202212 0.226 145.763 0.237
202303 3.936 146.865 4.101
202306 7.296 150.280 7.430
202309 0.949 151.492 0.959
202312 0.557 152.924 0.557
202403 1.080 153.035 1.080

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


Prime Industries  (BOM:519299) 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.

Prime Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=203.10/4.04
=50.27

* 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 Prime Industries was 69.46. The lowest was 0.36. And the median was 2.95.


Be Aware

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


Prime Industries Cyclically Adjusted Revenue per Share Related Terms

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


Prime Industries (BOM:519299) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Master Chambers, 3rd Floor, SCO 19, Feroze Gandhi Market, Ludhiana, PB, IND, 141 001
Prime Industries Ltd is engaged in real estate and allied activities. It generates revenue income from the sale of land, securities, and others.

Prime Industries (BOM:519299) Headlines

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