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Norandaome Fund (Norandaome Fund) Cyclically Adjusted Revenue per Share : $15.42 (As of Sep. 2022)


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What is Norandaome Fund 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.

Norandaome Fund's adjusted revenue per share for the three months ended in Sep. 2022 was $4.057. 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 $15.42 for the trailing ten years ended in Sep. 2022.

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 (2024-06-09), Norandaome Fund's current stock price is $1.42. Norandaome Fund's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 was $15.42. Norandaome Fund's Cyclically Adjusted PS Ratio of today is 0.09.


Norandaome Fund Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Norandaome Fund'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.

Norandaome Fund Cyclically Adjusted Revenue per Share Chart

Norandaome Fund Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.10 11.45 13.05 12.90 14.05

Norandaome Fund Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 14.03 14.05 15.88 17.12 15.42

Competitive Comparison of Norandaome Fund's Cyclically Adjusted Revenue per Share

For the Other Industrial Metals & Mining subindustry, Norandaome Fund'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.


Norandaome Fund's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Norandaome Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Norandaome Fund 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, Norandaome Fund's adjusted Revenue per Share data for the three months ended in Sep. 2022 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=4.057/120.6479*120.6479
=4.057

Current CPI (Sep. 2022) = 120.6479.

Norandaome Fund Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 3.023 95.760 3.809
201303 3.029 97.103 3.763
201306 3.180 97.182 3.948
201309 2.960 97.419 3.666
201312 2.578 96.945 3.208
201403 2.861 98.604 3.501
201406 2.906 99.473 3.525
201409 3.222 99.394 3.911
201412 3.450 98.367 4.231
201503 2.587 99.789 3.128
201506 3.536 100.500 4.245
201509 2.792 100.421 3.354
201512 2.773 99.947 3.347
201603 2.748 101.054 3.281
201606 2.487 102.002 2.942
201609 3.148 101.765 3.732
201612 3.643 101.449 4.332
201703 2.813 102.634 3.307
201706 4.393 103.029 5.144
201709 1.948 103.345 2.274
201712 3.019 103.345 3.524
201803 5.035 105.004 5.785
201806 4.890 105.557 5.589
201809 4.289 105.636 4.899
201812 4.231 105.399 4.843
201903 4.087 106.979 4.609
201906 3.630 107.690 4.067
201909 3.434 107.611 3.850
201912 3.676 107.769 4.115
202003 3.064 107.927 3.425
202006 2.856 108.401 3.179
202009 3.230 108.164 3.603
202012 3.870 108.559 4.301
202103 3.938 110.298 4.308
202106 4.197 111.720 4.532
202109 4.107 112.905 4.389
202112 4.723 113.774 5.008
202203 5.017 117.646 5.145
202206 4.719 120.806 4.713
202209 4.057 120.648 4.057

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


Norandaome Fund  (OTCPK:NNDIF) 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.

Norandaome Fund's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.42/15.42
=0.09

* 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.


Be Aware

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


Norandaome Fund Cyclically Adjusted Revenue per Share Related Terms

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


Norandaome Fund (Norandaome Fund) Business Description

Industry
Traded in Other Exchanges
N/A
Address
100 King Street West, First Canadian Place, Suite 6900, P.O. Box 403, Toronto, ON, CAN, M5X 1E3
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

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