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Apar Industries (BOM:532259) Cyclically Adjusted Revenue per Share : ₹2,639.39 (As of Mar. 2024)


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What is Apar Industries 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.

Apar Industries's adjusted revenue per share for the three months ended in Mar. 2024 was ₹1,095.827. 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 ₹2,639.39 for the trailing ten years ended in Mar. 2024.

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 (2024-06-07), Apar Industries's current stock price is ₹7660.35. Apar Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹2,639.39. Apar Industries's Cyclically Adjusted PS Ratio of today is 2.90.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Apar Industries was 3.04. The lowest was 2.05. And the median was 2.45.


Apar Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Apar Industries'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.

Apar Industries Cyclically Adjusted Revenue per Share Chart

Apar Industries 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 - - - - 2,639.39

Apar Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - 2,586.23 2,639.39

Competitive Comparison of Apar Industries's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Apar Industries'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.


Apar Industries's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Apar Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Apar Industries 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, Apar Industries'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)
=1095.827/153.0345*153.0345
=1,095.827

Current CPI (Mar. 2024) = 153.0345.

Apar Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201212 295.828 83.774 540.403
201303 332.481 85.687 593.801
201312 280.717 91.425 469.887
201403 379.940 91.425 635.975
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201606 284.228 105.961 410.497
201609 333.329 105.961 481.411
201612 298.094 105.196 433.654
201703 339.854 105.196 494.405
201706 340.819 107.109 486.955
201709 323.111 109.021 453.554
201712 388.236 109.404 543.066
201803 461.850 109.786 643.786
201806 388.344 111.317 533.883
201809 489.547 115.142 650.654
201812 550.141 115.142 731.190
201903 652.959 118.202 845.376
201906 514.393 120.880 651.224
201909 462.941 123.175 575.165
201912 476.114 126.235 577.191
202003 476.190 124.705 584.367
202006 334.800 127.000 403.432
202009 385.615 130.118 453.530
202012 445.826 130.889 521.256
202103 495.591 131.771 575.565
202106 471.240 134.084 537.841
202109 590.952 135.847 665.720
202112 580.375 138.161 642.856
202203 784.175 138.822 864.460
202206 805.720 142.347 866.212
202209 840.380 144.661 889.024
202212 1,023.595 145.763 1,074.659
202303 1,056.222 146.865 1,100.595
202309 1,017.603 151.492 1,027.964
202312 1,038.513 152.924 1,039.261
202403 1,095.827 153.035 1,095.827

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


Apar Industries  (BOM:532259) 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.

Apar Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7660.35/2639.39
=2.90

* 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 Apar Industries was 3.04. The lowest was 2.05. And the median was 2.45.


Be Aware

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


Apar Industries Cyclically Adjusted Revenue per Share Related Terms

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


Apar Industries (BOM:532259) Business Description

Industry
Traded in Other Exchanges
Address
Sion - Trombay Road, Apar House, Building No. 4 and 5, Corporate Park, Chembur, Mumbai, MH, IND, 400 071
Apar Industries Ltd is engaged in the business of manufacture and sale of conductors. The company's reportable segments include Conductor, Transformer and Specialities Oils and Power/Telecom Cables. It generates maximum revenue from the Conductor segment. Geographically, it derives a majority of revenue from India. Its product categories include oils and lubricants, aluminium and alloy conductors, railway overhead conductors, electrical and telecom cables, Eni automotive lubricants and polymers.

Apar Industries (BOM:532259) Headlines

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