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Relaxo Footwears (BOM:530517) Cyclically Adjusted Revenue per Share : ₹112.59 (As of Mar. 2024)


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What is Relaxo Footwears 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.

Relaxo Footwears's adjusted revenue per share for the three months ended in Mar. 2024 was ₹29.922. 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 ₹112.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Relaxo Footwears's average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% 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 Relaxo Footwears was 10.30% per year. The lowest was 9.10% per year. And the median was 9.70% per year.

As of today (2024-05-26), Relaxo Footwears's current stock price is ₹822.10. Relaxo Footwears's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹112.59. Relaxo Footwears's Cyclically Adjusted PS Ratio of today is 7.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Relaxo Footwears was 15.75. The lowest was 5.60. And the median was 8.62.


Relaxo Footwears Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Relaxo Footwears'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.

Relaxo Footwears Cyclically Adjusted Revenue per Share Chart

Relaxo Footwears 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 78.27 86.74 95.52 104.95 112.59

Relaxo Footwears 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 104.95 108.14 110.07 112.15 112.59

Competitive Comparison of Relaxo Footwears's Cyclically Adjusted Revenue per Share

For the Footwear & Accessories subindustry, Relaxo Footwears'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.


Relaxo Footwears's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Relaxo Footwears 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, Relaxo Footwears'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)
=29.922/153.0345*153.0345
=29.922

Current CPI (Mar. 2024) = 153.0345.

Relaxo Footwears Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 15.483 94.103 25.179
201409 13.789 96.780 21.804
201412 13.787 96.780 21.801
201503 18.541 97.163 29.203
201506 18.775 99.841 28.778
201509 15.971 101.753 24.020
201512 16.037 102.901 23.850
201603 20.155 102.518 30.086
201606 16.874 105.961 24.370
201609 16.206 105.961 23.406
201612 15.240 105.196 22.170
201703 19.577 105.196 28.480
201706 20.107 107.109 28.728
201709 19.065 109.021 26.762
201712 18.974 109.404 26.541
201803 23.114 109.786 32.219
201806 23.360 111.317 32.115
201809 22.435 115.142 29.818
201812 22.131 115.142 29.414
201903 25.023 118.202 32.397
201906 26.062 120.880 32.995
201909 25.033 123.175 31.101
201912 24.144 126.235 29.270
202003 21.021 124.705 25.796
202006 14.561 127.000 17.546
202009 23.158 130.118 27.237
202012 27.084 130.889 31.666
202103 29.462 131.771 34.216
202106 19.911 134.084 22.725
202109 28.706 135.847 32.338
202112 29.910 138.161 33.130
202203 28.068 138.822 30.942
202206 26.741 142.347 28.749
202209 26.906 144.661 28.463
202212 27.377 145.763 28.743
202303 30.884 146.865 32.181
202306 29.647 150.280 30.190
202309 28.814 151.492 29.107
202312 28.457 152.924 28.478
202403 29.922 153.035 29.922

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


Relaxo Footwears  (BOM:530517) 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.

Relaxo Footwears's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=822.10/112.59
=7.30

* 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 Relaxo Footwears was 15.75. The lowest was 5.60. And the median was 8.62.


Be Aware

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


Relaxo Footwears Cyclically Adjusted Revenue per Share Related Terms

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


Relaxo Footwears (BOM:530517) Business Description

Traded in Other Exchanges
Address
Aggarwal City Square, Plot No. 10, Mangalam Palace, District Centre, Sector-3, Rohini, New Delhi, IND, 110085
Relaxo Footwears Ltd manufactures footwear in India that it sells under the brand names Flite, Bahamas, Hawaii, Sparx, Schoolmate, Elena, and Casualz. Roughly half of the company's production is non-leather footwear, including a wide variety of slippers. Relaxo sells its products directly through its company-owned retail stores and online shopping portal, and Relaxo sells its products wholesale to distributors and through export operations. The Company has only one segment Footwear and related products. The vast majority of sales are generated in India, where the company's hundreds of Relaxo Shoppe retail stores are located.

Relaxo Footwears (BOM:530517) Headlines

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