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Dhani Services (BOM:532960) Cyclically Adjusted Revenue per Share : ₹23.89 (As of Dec. 2023)


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What is Dhani Services 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.

Dhani Services's adjusted revenue per share for the three months ended in Dec. 2023 was ₹1.628. 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 ₹23.89 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dhani Services's average Cyclically Adjusted Revenue Growth Rate was 0.30% 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), Dhani Services's current stock price is ₹46.14. Dhani Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹23.89. Dhani Services's Cyclically Adjusted PS Ratio of today is 1.93.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Dhani Services was 9.56. The lowest was 1.12. And the median was 1.77.


Dhani Services Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Dhani Services'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.

Dhani Services Cyclically Adjusted Revenue per Share Chart

Dhani Services 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 - - - 22.76 23.77

Dhani Services 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 23.81 23.77 24.06 23.96 23.89

Competitive Comparison of Dhani Services's Cyclically Adjusted Revenue per Share

For the Credit Services subindustry, Dhani Services'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.


Dhani Services's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Dhani Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Dhani Services 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, Dhani Services'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)
=1.628/152.9243*152.9243
=1.628

Current CPI (Dec. 2023) = 152.9243.

Dhani Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.102 91.425 5.189
201406 2.681 94.103 4.357
201409 2.807 96.780 4.435
201412 1.953 96.780 3.086
201503 4.020 97.163 6.327
201506 2.562 99.841 3.924
201509 2.784 101.753 4.184
201512 2.456 102.901 3.650
201603 3.142 102.518 4.687
201606 3.381 105.961 4.879
201609 3.274 105.961 4.725
201612 3.065 105.196 4.456
201703 3.570 105.196 5.190
201706 3.744 107.109 5.345
201709 3.349 109.021 4.698
201712 5.468 109.404 7.643
201803 5.543 109.786 7.721
201806 6.585 111.317 9.046
201809 8.013 115.142 10.642
201812 9.385 115.142 12.465
201903 8.480 118.202 10.971
201906 9.693 120.880 12.263
201909 10.072 123.175 12.505
201912 9.038 126.235 10.949
202003 7.334 124.705 8.994
202006 6.579 127.000 7.922
202009 6.286 130.118 7.388
202012 6.224 130.889 7.272
202103 3.139 131.771 3.643
202106 3.151 134.084 3.594
202109 5.948 135.847 6.696
202112 8.722 138.161 9.654
202203 4.303 138.822 4.740
202206 4.148 142.347 4.456
202209 2.403 144.661 2.540
202212 2.180 145.763 2.287
202303 0.825 146.865 0.859
202306 1.683 150.280 1.713
202309 1.646 151.492 1.662
202312 1.628 152.924 1.628

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


Dhani Services  (BOM:532960) 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.

Dhani Services's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=46.14/23.89
=1.93

* 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 Dhani Services was 9.56. The lowest was 1.12. And the median was 1.77.


Be Aware

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


Dhani Services Cyclically Adjusted Revenue per Share Related Terms

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


Dhani Services (BOM:532960) Business Description

Industry
Traded in Other Exchanges
Address
4th Floor, S. B. Marg, One International Centre, Tower 1, Elphinstone (West), Mumbai, MH, IND, 400013
Dhani Services Ltd is a capital market company providing securities and derivative broking services. It is registered with SEBI as a Stock Broker, a Depository Participant, a Research Analyst, and a Merchant Banker in Category I. The company's products include Equity Trading, Derivative Trading, Commodity Trading, Currency Trading, and IPO. It is also engaged in Credit Line, Online Pharmacy, Payments services.

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