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Vardhman Holdings (BOM:500439) Cyclically Adjusted Revenue per Share : ₹90.08 (As of Mar. 2024)


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What is Vardhman Holdings 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.

Vardhman Holdings's adjusted revenue per share for the three months ended in Mar. 2024 was ₹-89.373. 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 ₹90.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vardhman Holdings's average Cyclically Adjusted Revenue Growth Rate was -3.50% 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.

As of today (2024-06-06), Vardhman Holdings's current stock price is ₹2871.55. Vardhman Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹90.08. Vardhman Holdings's Cyclically Adjusted PS Ratio of today is 31.88.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vardhman Holdings was 39.82. The lowest was 26.83. And the median was 30.87.


Vardhman Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Vardhman Holdings'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.

Vardhman Holdings Cyclically Adjusted Revenue per Share Chart

Vardhman Holdings 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 - - 96.88 93.31 90.08

Vardhman Holdings 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 93.31 90.55 100.65 101.11 90.08

Competitive Comparison of Vardhman Holdings's Cyclically Adjusted Revenue per Share

For the Credit Services subindustry, Vardhman Holdings'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.


Vardhman Holdings's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Vardhman Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vardhman Holdings 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, Vardhman Holdings'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)
=-89.373/153.0345*153.0345
=-89.373

Current CPI (Mar. 2024) = 153.0345.

Vardhman Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 38.421 91.042 64.582
201312 6.328 91.425 10.592
201403 2.932 91.425 4.908
201406 5.841 94.103 9.499
201409 67.398 96.780 106.573
201412 12.704 96.780 20.088
201503 9.118 97.163 14.361
201506 9.014 99.841 13.817
201509 65.497 101.753 98.506
201512 4.526 102.901 6.731
201603 -39.101 102.518 -58.368
201606 22.783 105.961 32.904
201609 13.112 105.961 18.937
201612 7.620 105.196 11.085
201703 169.761 105.196 246.961
201706 12.234 107.109 17.480
201803 0.000 109.786 0.000
201809 3.667 115.142 4.874
201812 5.608 115.142 7.454
201903 30.240 118.202 39.151
201906 5.704 120.880 7.221
201909 7.678 123.175 9.539
201912 7.803 126.235 9.460
202003 43.853 124.705 53.815
202006 6.832 127.000 8.233
202009 7.456 130.118 8.769
202012 3.510 130.889 4.104
202103 25.047 131.771 29.089
202106 3.445 134.084 3.932
202109 6.109 135.847 6.882
202112 9.430 138.161 10.445
202203 25.192 138.822 27.771
202206 0.940 142.347 1.011
202209 12.817 144.661 13.559
202212 1.973 145.763 2.071
202303 0.846 146.865 0.882
202306 0.689 150.280 0.702
202309 98.810 151.492 99.816
202312 0.219 152.924 0.219
202403 -89.373 153.035 -89.373

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


Vardhman Holdings  (BOM:500439) 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.

Vardhman Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2871.55/90.08
=31.88

* 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 Vardhman Holdings was 39.82. The lowest was 26.83. And the median was 30.87.


Be Aware

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


Vardhman Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Vardhman Holdings (BOM:500439) Business Description

Traded in Other Exchanges
Address
Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Holdings Ltd operates as a non-banking financial company. The firm is principally engaged in the lending and investing activities. The company's portfolio consists of investments in debt, equity, and real estate.

Vardhman Holdings (BOM:500439) Headlines

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