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Glance Finance (BOM:531199) Cyclically Adjusted Revenue per Share : ₹42.64 (As of Mar. 2024)


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What is Glance Finance 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.

Glance Finance's adjusted revenue per share for the three months ended in Mar. 2024 was ₹31.041. 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 ₹42.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Glance Finance's average Cyclically Adjusted Revenue Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% 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 Glance Finance was 0.20% per year. The lowest was 0.20% per year. And the median was 0.20% per year.

As of today (2024-06-08), Glance Finance's current stock price is ₹99.00. Glance Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹42.64. Glance Finance's Cyclically Adjusted PS Ratio of today is 2.32.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Glance Finance was 2.45. The lowest was 0.75. And the median was 1.30.


Glance Finance Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Glance Finance'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.

Glance Finance Cyclically Adjusted Revenue per Share Chart

Glance Finance 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 - 42.41 44.34 41.60 42.64

Glance Finance 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 41.60 40.37 40.01 41.48 42.64

Competitive Comparison of Glance Finance's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Glance Finance'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.


Glance Finance's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Glance Finance's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Glance Finance 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, Glance Finance'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)
=31.041/153.0345*153.0345
=31.041

Current CPI (Mar. 2024) = 153.0345.

Glance Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.425 94.103 29.964
201409 20.692 96.780 32.719
201412 7.295 96.780 11.535
201503 12.521 97.163 19.721
201506 12.137 99.841 18.603
201509 12.191 101.753 18.335
201512 14.161 102.901 21.060
201603 6.697 102.518 9.997
201606 6.286 105.961 9.079
201609 9.668 105.961 13.963
201612 6.093 105.196 8.864
201703 8.649 105.196 12.582
201706 7.862 107.109 11.233
201709 7.347 109.021 10.313
201712 16.548 109.404 23.147
201803 2.623 109.786 3.656
201806 0.495 111.317 0.681
201809 1.310 115.142 1.741
201812 5.307 115.142 7.054
201903 4.010 118.202 5.192
201906 9.769 120.880 12.368
201909 4.381 123.175 5.443
201912 1.621 126.235 1.965
202003 4.791 124.705 5.879
202006 1.355 127.000 1.633
202009 6.535 130.118 7.686
202012 4.473 130.889 5.230
202103 4.742 131.771 5.507
202106 5.563 134.084 6.349
202109 4.427 135.847 4.987
202112 5.767 138.161 6.388
202203 15.566 138.822 17.160
202206 3.244 142.347 3.488
202209 3.126 144.661 3.307
202212 2.735 145.763 2.871
202303 1.727 146.865 1.800
202306 2.818 150.280 2.870
202309 10.138 151.492 10.241
202312 20.709 152.924 20.724
202403 31.041 153.035 31.041

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


Glance Finance  (BOM:531199) 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.

Glance Finance's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=99.00/42.64
=2.32

* 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 Glance Finance was 2.45. The lowest was 0.75. And the median was 1.30.


Be Aware

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


Glance Finance Cyclically Adjusted Revenue per Share Related Terms

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


Glance Finance (BOM:531199) Business Description

Industry
Traded in Other Exchanges
N/A
Address
192, Dr. D.N. Road, 7, Kitab Mahal, 1st Floor, Fort, Mumbai, MH, IND, 400001
Glance Finance Ltd is a non-banking financial company. It is involved in fund-based financing activities. The company engaged in the business of Asset Leasing and Investment in Capital Market. It generates revenue in the form of Interest; Dividends; Fees and Commission; Sale of Traded Goods and other income.

Glance Finance (BOM:531199) Headlines

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