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Sky Industries (BOM:526479) Cyclically Adjusted Revenue per Share : ₹153.68 (As of Mar. 2024)


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What is Sky 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.

Sky Industries's adjusted revenue per share for the three months ended in Mar. 2024 was ₹26.058. 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 ₹153.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sky Industries's average Cyclically Adjusted Revenue Growth Rate was -6.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -7.00% 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 Sky Industries was -7.00% per year. The lowest was -7.00% per year. And the median was -7.00% per year.

As of today (2024-06-03), Sky Industries's current stock price is ₹89.53. Sky Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹153.68. Sky Industries's Cyclically Adjusted PS Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sky Industries was 0.64. The lowest was 0.31. And the median was 0.44.


Sky Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sky 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.

Sky Industries Cyclically Adjusted Revenue per Share Chart

Sky 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 - 190.99 175.13 164.87 153.68

Sky 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 164.87 163.13 159.99 156.99 153.68

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

For the Textile Manufacturing subindustry, Sky 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.


Sky Industries's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sky Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sky 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, Sky 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)
=26.058/153.0345*153.0345
=26.058

Current CPI (Mar. 2024) = 153.0345.

Sky Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 38.782 94.103 63.069
201409 39.944 96.780 63.162
201412 40.526 96.780 64.082
201503 42.828 97.163 67.455
201506 37.906 99.841 58.102
201509 35.525 101.753 53.429
201512 27.700 102.901 41.196
201603 33.863 102.518 50.549
201606 30.125 105.961 43.508
201609 16.063 105.961 23.199
201612 30.787 105.196 44.788
201703 25.912 105.196 37.696
201706 27.386 107.109 39.129
201709 30.839 109.021 43.289
201712 34.216 109.404 47.861
201803 27.892 109.786 38.879
201806 30.761 111.317 42.289
201809 33.113 115.142 44.010
201812 30.287 115.142 40.254
201903 31.949 118.202 41.364
201906 33.798 120.880 42.788
201909 29.471 123.175 36.615
201912 30.881 126.235 37.437
202003 28.410 124.705 34.864
202006 9.865 127.000 11.887
202009 26.834 130.118 31.560
202012 35.758 130.889 41.808
202103 38.716 131.771 44.964
202106 21.219 134.084 24.218
202109 25.403 135.847 28.617
202112 24.047 138.161 26.636
202203 20.851 138.822 22.986
202206 22.416 142.347 24.099
202209 28.850 144.661 30.520
202212 22.166 145.763 23.272
202303 22.015 146.865 22.940
202306 24.896 150.280 25.352
202309 27.354 151.492 27.633
202312 25.249 152.924 25.267
202403 26.058 153.035 26.058

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


Sky Industries  (BOM:526479) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=89.53/153.68
=0.58

* 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 Sky Industries was 0.64. The lowest was 0.31. And the median was 0.44.


Be Aware

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


Sky Industries Cyclically Adjusted Revenue per Share Related Terms

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


Sky Industries (BOM:526479) Business Description

Traded in Other Exchanges
N/A
Address
Ghatkopar Mankhurd Link Road, 1101, Universal Majestic, Chedda Nagar,, Behind RBK International School, Chembur West, Mumbai, MH, IND, 400 043
Sky Industries Ltd is a manufacturer and supplier of narrow woven fabrics. Its only operating segment is Fastening Solutions. The product range comprises various types of hook and loop fasteners, Value added products, velvet, neoprene, elastic, and other customized products. It serves industries like Infant wear, Orthopaedic, Footwear, Automotive, Defense, Apparel, and Packaging.

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