GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris (Pakistan) Ltd (KAR:PMPK) » Definitions » Cyclically Adjusted Revenue per Share

Philip Morris (Pakistan) (KAR:PMPK) Cyclically Adjusted Revenue per Share : ₨294.10 (As of Mar. 2024)


View and export this data going back to 1971. Start your Free Trial

What is Philip Morris (Pakistan) 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.

Philip Morris (Pakistan)'s adjusted revenue per share for the three months ended in Mar. 2024 was ₨113.535. 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 ₨294.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Philip Morris (Pakistan)'s average Cyclically Adjusted Revenue Growth Rate was 3.70% 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 (2024-06-10), Philip Morris (Pakistan)'s current stock price is ₨609.28. Philip Morris (Pakistan)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₨294.10. Philip Morris (Pakistan)'s Cyclically Adjusted PS Ratio of today is 2.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Philip Morris (Pakistan) was 3.91. The lowest was 0.97. And the median was 2.05.


Philip Morris (Pakistan) Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Philip Morris (Pakistan)'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.

Philip Morris (Pakistan) Cyclically Adjusted Revenue per Share Chart

Philip Morris (Pakistan) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 263.14 279.74 284.63

Philip Morris (Pakistan) 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 283.47 281.59 284.74 284.63 294.10

Competitive Comparison of Philip Morris (Pakistan)'s Cyclically Adjusted Revenue per Share

For the Tobacco subindustry, Philip Morris (Pakistan)'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.


Philip Morris (Pakistan)'s Cyclically Adjusted PS Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Philip Morris (Pakistan)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Philip Morris (Pakistan)'s Cyclically Adjusted PS Ratio falls into.



Philip Morris (Pakistan) 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, Philip Morris (Pakistan)'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)
=113.535/131.7762*131.7762
=113.535

Current CPI (Mar. 2024) = 131.7762.

Philip Morris (Pakistan) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 76.919 100.560 100.797
201409 42.594 100.428 55.890
201412 50.527 99.070 67.208
201503 66.836 99.621 88.409
201506 94.952 100.684 124.274
201509 23.549 100.392 30.911
201512 48.780 99.792 64.414
201603 75.769 100.470 99.378
201606 83.665 101.688 108.420
201609 16.333 101.861 21.130
201612 53.666 101.863 69.426
201703 28.182 102.862 36.104
201706 39.787 103.349 50.731
201709 68.761 104.136 87.012
201712 90.074 104.011 114.119
201803 61.471 105.290 76.935
201806 62.828 106.317 77.873
201809 56.883 106.507 70.379
201812 81.889 105.998 101.804
201903 66.515 107.251 81.725
201906 88.073 108.070 107.393
201909 24.686 108.329 30.029
201912 37.265 108.420 45.293
202003 68.176 108.902 82.496
202006 68.589 108.767 83.098
202009 45.723 109.815 54.867
202012 76.279 109.897 91.465
202103 62.990 111.754 74.275
202106 66.359 114.631 76.284
202109 48.411 115.734 55.121
202112 57.708 117.630 64.648
202203 69.886 121.301 75.921
202206 59.845 125.017 63.081
202209 57.546 125.227 60.556
202212 79.118 125.222 83.259
202303 70.400 127.348 72.848
202306 52.577 128.729 53.822
202309 49.603 129.860 50.335
202312 74.350 129.419 75.704
202403 113.535 131.776 113.535

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


Philip Morris (Pakistan)  (KAR:PMPK) 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.

Philip Morris (Pakistan)'s Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=609.28/294.1
=2.07

* 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 Philip Morris (Pakistan) was 3.91. The lowest was 0.97. And the median was 2.05.


Be Aware

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


Philip Morris (Pakistan) Cyclically Adjusted Revenue per Share Related Terms

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


Philip Morris (Pakistan) (KAR:PMPK) Business Description

Traded in Other Exchanges
N/A
Address
Plot HC-3, Block 4, Corporate Office Block, Office 04 & 05, 5th Floor, Dolmen City, Clifton, Karachi, SD, PAK, 75600
Philip Morris (Pakistan) Ltd is a cigarette manufacturing company engaged in the manufacture, distribution, and sale of cigarettes, tobacco products, and other smoke-free products in Pakistan.

Philip Morris (Pakistan) (KAR:PMPK) Headlines

No Headlines