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Industrial & Prudential Investment Co (BOM:501298) Cyclically Adjusted Revenue per Share : ₹39.40 (As of Dec. 2023)


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What is Industrial & Prudential Investment Co 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.

Industrial & Prudential Investment Co's adjusted revenue per share data for the fiscal year that ended in Mar. 2023 was ₹37.916. 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 ₹39.40 for the trailing ten years ended in Mar. 2023.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% 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 Industrial & Prudential Investment Co was 7.70% per year. The lowest was -3.00% per year. And the median was 0.40% per year.

As of today (2024-06-09), Industrial & Prudential Investment Co's current stock price is ₹ 5142.40. Industrial & Prudential Investment Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar. 2023 was ₹39.40. Industrial & Prudential Investment Co's Cyclically Adjusted PS Ratio of today is 130.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Industrial & Prudential Investment Co was 135.29. The lowest was 23.31. And the median was 39.82.


Industrial & Prudential Investment Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Industrial & Prudential Investment Co'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.

Industrial & Prudential Investment Co Cyclically Adjusted Revenue per Share Chart

Industrial & Prudential Investment Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.12 31.53 29.26 33.66 39.40

Industrial & Prudential Investment Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 39.40 - - -

Competitive Comparison of Industrial & Prudential Investment Co's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Industrial & Prudential Investment Co'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.


Industrial & Prudential Investment Co's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Industrial & Prudential Investment Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Industrial & Prudential Investment Co's Cyclically Adjusted PS Ratio falls into.



Industrial & Prudential Investment Co 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, Industrial & Prudential Investment Co's adjusted Revenue per Share data for the fiscal year that ended in Mar. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=37.916/146.8646*146.8646
=37.916

Current CPI (Mar. 2023) = 146.8646.

Industrial & Prudential Investment Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.006 91.425 0.010
201503 45.450 97.163 68.699
201603 44.765 102.518 64.129
201703 47.492 105.196 66.304
201803 30.585 109.786 40.914
201903 20.235 118.202 25.142
202003 23.469 124.705 27.639
202103 29.844 131.771 33.263
202203 28.305 138.822 29.945
202303 37.916 146.865 37.916

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


Industrial & Prudential Investment Co  (BOM:501298) 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.

Industrial & Prudential Investment Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5142.40/39.4
=130.52

* 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 Industrial & Prudential Investment Co was 135.29. The lowest was 23.31. And the median was 39.82.


Be Aware

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


Industrial & Prudential Investment Co Cyclically Adjusted Revenue per Share Related Terms

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


Industrial & Prudential Investment Co (BOM:501298) Business Description

Traded in Other Exchanges
N/A
Address
8/1/B Diamond Harbour Road, Paharpur House, Kolkata, WB, IND, 700027
Industrial & Prudential Investment Co Ltd is a Non-Banking Finance Company. The activities of the company comprise of acquiring, selling and maintaining investments. The company invests customer's money in Indian as well as in the international equity market. Geographically the company serves Indian market customers.

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