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Rane (Madras) (BOM:532661) Cyclically Adjusted Revenue per Share : ₹1,394.73 (As of Mar. 2024)


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What is Rane (Madras) 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.

Rane (Madras)'s adjusted revenue per share for the three months ended in Mar. 2024 was ₹315.012. 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 ₹1,394.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rane (Madras)'s average Cyclically Adjusted Revenue Growth Rate was 6.10% 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 (2024-06-03), Rane (Madras)'s current stock price is ₹795.70. Rane (Madras)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹1,394.73. Rane (Madras)'s Cyclically Adjusted PS Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Rane (Madras) was 0.68. The lowest was 0.27. And the median was 0.49.


Rane (Madras) Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Rane (Madras)'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.

Rane (Madras) Cyclically Adjusted Revenue per Share Chart

Rane (Madras) 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 - - - 1,314.70 1,394.73

Rane (Madras) 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 1,314.70 1,352.99 1,373.62 1,388.10 1,394.73

Competitive Comparison of Rane (Madras)'s Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Rane (Madras)'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.


Rane (Madras)'s Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Rane (Madras)'s Cyclically Adjusted PS Ratio falls into.



Rane (Madras) 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, Rane (Madras)'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)
=315.012/153.0345*153.0345
=315.012

Current CPI (Mar. 2024) = 153.0345.

Rane (Madras) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 159.364 91.042 267.877
201312 158.947 91.425 266.059
201403 215.048 91.425 359.965
201406 160.278 94.103 260.652
201409 171.056 96.780 270.483
201412 174.779 96.780 276.370
201503 237.286 97.163 373.733
201506 173.015 99.841 265.195
201509 194.044 101.753 291.837
201512 184.118 102.901 273.821
201603 237.164 102.518 354.027
201703 307.165 105.196 446.850
201706 291.086 107.109 415.897
201709 313.080 109.021 439.474
201712 294.037 109.404 411.300
201803 446.255 109.786 622.048
201806 315.259 111.317 433.408
201809 326.587 115.142 434.065
201812 320.140 115.142 425.496
201903 346.326 118.202 448.383
201906 280.444 120.880 355.044
201909 256.585 123.175 318.785
201912 253.531 126.235 307.355
202003 274.583 124.705 336.960
202006 87.580 127.000 105.533
202009 253.624 130.118 298.293
202012 340.857 130.889 398.527
202103 292.944 131.771 340.217
202106 233.716 134.084 266.747
202109 297.572 135.847 335.221
202112 284.408 138.161 315.026
202203 299.115 138.822 329.739
202206 338.262 142.347 363.658
202209 360.215 144.661 381.065
202212 358.652 145.763 376.544
202303 381.630 146.865 397.663
202306 361.877 150.280 368.510
202309 375.963 151.492 379.791
202312 320.429 152.924 320.660
202403 315.012 153.035 315.012

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


Rane (Madras)  (BOM:532661) 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.

Rane (Madras)'s Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=795.70/1394.73
=0.57

* 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 Rane (Madras) was 0.68. The lowest was 0.27. And the median was 0.49.


Be Aware

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


Rane (Madras) Cyclically Adjusted Revenue per Share Related Terms

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


Rane (Madras) (BOM:532661) Business Description

Industry
Traded in Other Exchanges
Address
154, Velachery Road, Ganapathi Buildings, Chennai, TN, IND, 600 042
Rane (Madras) Ltd provides components for the transportation industry. The company is a manufacturer of steering and suspension linkages products, steering gear products and other articles of aluminum die casting products. It operates through two divisions: steering and linkages division and Light Metal Castings division. The Company's steering and linkages division manufacture manual steering gears, hydrostatic steering systems, and steering and suspension linkage products. The Company's Light Metal Castings division manufactures low porosity, high-quality aluminum die-castings such as steering housings and engine case covers. The Company is a supplier to manufacturers of passenger cars, utility vehicles and farm tractors across the globe.

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