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Master Trust (BOM:511768) Cyclically Adjusted Revenue per Share : ₹105.12 (As of Dec. 2023)


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What is Master Trust 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.

Master Trust's adjusted revenue per share for the three months ended in Dec. 2023 was ₹57.046. 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 ₹105.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Master Trust's average Cyclically Adjusted Revenue Growth Rate was 16.40% 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 (2024-05-31), Master Trust's current stock price is ₹715.35. Master Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹105.12. Master Trust's Cyclically Adjusted PS Ratio of today is 6.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Master Trust was 7.29. The lowest was 0.23. And the median was 1.54.


Master Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Master Trust'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.

Master Trust Cyclically Adjusted Revenue per Share Chart

Master Trust 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 - - 70.73 80.68 91.31

Master Trust 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 90.29 91.31 95.79 100.25 105.12

Competitive Comparison of Master Trust's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Master Trust'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.


Master Trust's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Master Trust 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, Master Trust's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=57.046/152.9243*152.9243
=57.046

Current CPI (Dec. 2023) = 152.9243.

Master Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.882 91.425 11.511
201406 12.782 94.103 20.772
201409 13.508 96.780 21.344
201412 14.683 96.780 23.201
201503 6.692 97.163 10.533
201506 12.679 99.841 19.420
201509 12.623 101.753 18.971
201512 11.055 102.901 16.429
201603 11.962 102.518 17.843
201606 11.446 105.961 16.519
201609 12.810 105.961 18.488
201612 12.586 105.196 18.296
201703 13.763 105.196 20.007
201706 13.645 107.109 19.482
201709 13.645 109.021 19.140
201712 19.862 109.404 27.763
201803 24.164 109.786 33.659
201806 15.334 111.317 21.066
201809 16.264 115.142 21.601
201812 16.169 115.142 21.475
201903 7.566 118.202 9.789
201906 14.819 120.880 18.747
201909 15.247 123.175 18.929
201912 15.178 126.235 18.387
202003 11.558 124.705 14.173
202006 20.411 127.000 24.577
202009 24.084 130.118 28.305
202012 42.702 130.889 49.891
202103 20.518 131.771 23.812
202106 33.537 134.084 38.249
202109 42.702 135.847 48.070
202112 38.923 138.161 43.082
202203 19.478 138.822 21.457
202206 36.633 142.347 39.355
202209 37.344 144.661 39.477
202212 39.937 145.763 41.899
202303 18.718 146.865 19.490
202306 42.487 150.280 43.235
202309 55.164 151.492 55.686
202312 57.046 152.924 57.046

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


Master Trust  (BOM:511768) 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.

Master Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=715.35/105.12
=6.81

* 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 Master Trust was 7.29. The lowest was 0.23. And the median was 1.54.


Be Aware

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


Master Trust Cyclically Adjusted Revenue per Share Related Terms

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


Master Trust (BOM:511768) Business Description

Industry
Traded in Other Exchanges
N/A
Address
19, Barakhamba Road, 1012, 10th Floor,Arunachal Building, New Delhi, IND, 110001
Master Trust Ltd is a nonbanking financial company based in India. It is engaged in the business of lending, sales, and purchase of securities and lands. It offers services broker-assisted trade execution and automated online investing, life insurance products, commodity futures such as gold and silver and other metals, clearing services for all securities transactions, and other related services. the company operates in two segments which are: Interest and Investment/Trading in Securities & others. The majority of revenue is derived from the Interest segment.

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