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Menon Bearings (BOM:523828) Cyclically Adjusted Revenue per Share : ₹52.51 (As of Dec. 2023)


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What is Menon Bearings 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.

Menon Bearings's adjusted revenue per share for the three months ended in Dec. 2023 was ₹9.229. 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 ₹52.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Menon Bearings's average Cyclically Adjusted Revenue Growth Rate was -10.90% 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 (2024-05-17), Menon Bearings's current stock price is ₹127.95. Menon Bearings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹52.51. Menon Bearings's Cyclically Adjusted PS Ratio of today is 2.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Menon Bearings was 2.82. The lowest was 0.61. And the median was 1.49.


Menon Bearings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Menon Bearings'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.

Menon Bearings Cyclically Adjusted Revenue per Share Chart

Menon Bearings 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 - - 63.36 63.03 57.16

Menon Bearings 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 58.94 57.16 56.23 53.97 52.51

Competitive Comparison of Menon Bearings's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Menon Bearings'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.


Menon Bearings's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Menon Bearings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Menon Bearings 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, Menon Bearings'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)
=9.229/152.9243*152.9243
=9.229

Current CPI (Dec. 2023) = 152.9243.

Menon Bearings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 21.727 91.425 36.342
201406 21.338 94.103 34.676
201409 24.624 96.780 38.909
201412 22.186 96.780 35.056
201503 23.344 97.163 36.741
201506 4.727 99.841 7.240
201509 6.097 101.753 9.163
201512 5.590 102.901 8.307
201603 5.256 102.518 7.840
201606 6.623 105.961 9.558
201609 5.693 105.961 8.216
201612 5.040 105.196 7.327
201703 5.675 105.196 8.250
201706 5.614 107.109 8.015
201709 6.722 109.021 9.429
201712 6.620 109.404 9.253
201803 6.886 109.786 9.592
201806 8.141 111.317 11.184
201809 8.314 115.142 11.042
201812 7.285 115.142 9.675
201903 6.743 118.202 8.724
201906 7.207 120.880 9.118
201909 5.940 123.175 7.375
201912 5.610 126.235 6.796
202003 5.174 124.705 6.345
202006 3.807 127.000 4.584
202009 6.552 130.118 7.700
202012 7.771 130.889 9.079
202103 8.044 131.771 9.335
202106 8.229 134.084 9.385
202109 8.665 135.847 9.754
202112 0.000 138.161 0.000
202203 34.548 138.822 38.058
202206 11.096 142.347 11.920
202209 9.171 144.661 9.695
202212 8.841 145.763 9.275
202303 9.226 146.865 9.607
202306 9.793 150.280 9.965
202309 9.011 151.492 9.096
202312 9.229 152.924 9.229

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


Menon Bearings  (BOM:523828) 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.

Menon Bearings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=127.95/52.51
=2.44

* 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 Menon Bearings was 2.82. The lowest was 0.61. And the median was 1.49.


Be Aware

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


Menon Bearings Cyclically Adjusted Revenue per Share Related Terms

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


Menon Bearings (BOM:523828) Business Description

Industry
Traded in Other Exchanges
Address
G-1, MIDC, Gokul, Shirgaon, Kolhapur, MH, IND, 416 234
Menon Bearings Ltd is engaged in the manufacturing of auto components. The company products include bi-metal Engine bearings, Bushes and Thrust Washers for light and heavy automobile engines, two-wheeler engines as well as compressors for refrigerators, air conditioners, and others. Its bearing products include bearings for connecting rods, flanged bearings, and tri-metal bearings. The thrust washers include washers with thrust face contours and ring-type thrust washers. It offers truncated bushes for connecting rods; ball indented bushes; bushes for connecting rods; rocker arms and rock shafts. It has one business segment namely Auto Components.

Menon Bearings (BOM:523828) Headlines

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