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Welspun Enterprises (NSE:WELENT) Cyclically Adjusted Revenue per Share : ₹130.74 (As of Mar. 2024)


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What is Welspun Enterprises 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.

Welspun Enterprises's adjusted revenue per share for the three months ended in Mar. 2024 was ₹59.334. 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 ₹130.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Welspun Enterprises's average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Welspun Enterprises was 5.50% per year. The lowest was 5.50% per year. And the median was 5.50% per year.

As of today (2024-06-04), Welspun Enterprises's current stock price is ₹457.85. Welspun Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹130.74. Welspun Enterprises's Cyclically Adjusted PS Ratio of today is 3.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Welspun Enterprises was 3.46. The lowest was 0.66. And the median was 1.05.


Welspun Enterprises Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Welspun Enterprises'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.

Welspun Enterprises Cyclically Adjusted Revenue per Share Chart

Welspun Enterprises 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 - 111.22 114.55 122.97 130.74

Welspun Enterprises 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 122.97 128.41 130.48 127.10 130.74

Competitive Comparison of Welspun Enterprises's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, Welspun Enterprises'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.


Welspun Enterprises's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Welspun Enterprises's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Welspun Enterprises 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, Welspun Enterprises'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)
=59.334/153.0345*153.0345
=59.334

Current CPI (Mar. 2024) = 153.0345.

Welspun Enterprises Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 12.963 91.042 21.790
201312 13.148 91.425 22.008
201403 20.504 91.425 34.321
201406 13.888 94.103 22.585
201409 9.692 96.780 15.326
201412 9.931 96.780 15.703
201503 40.139 97.163 63.220
201603 0.000 102.518 0.000
201606 17.746 105.961 25.630
201609 2.071 105.961 2.991
201612 3.696 105.196 5.377
201703 10.608 105.196 15.432
201706 14.071 107.109 20.104
201709 10.497 109.021 14.735
201712 19.673 109.404 27.519
201803 27.031 109.786 37.679
201806 23.850 111.317 32.788
201809 17.460 115.142 23.206
201812 29.942 115.142 39.796
201903 48.544 118.202 62.849
201906 35.133 120.880 44.479
201909 20.800 123.175 25.842
201912 33.877 126.235 41.069
202003 30.348 124.705 37.242
202006 12.669 127.000 15.266
202009 23.243 130.118 27.337
202012 28.196 130.889 32.967
202103 37.862 131.771 43.972
202106 24.822 134.084 28.330
202109 19.309 135.847 21.752
202112 14.835 138.161 16.432
202203 31.489 138.822 34.713
202206 46.042 142.347 49.499
202209 35.288 144.661 37.331
202212 46.120 145.763 48.421
202303 56.161 146.865 58.520
202306 49.871 150.280 50.785
202309 46.532 151.492 47.006
202312 51.361 152.924 51.398
202403 59.334 153.035 59.334

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


Welspun Enterprises  (NSE:WELENT) 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.

Welspun Enterprises's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=457.85/130.74
=3.50

* 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 Welspun Enterprises was 3.46. The lowest was 0.66. And the median was 1.05.


Be Aware

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


Welspun Enterprises Cyclically Adjusted Revenue per Share Related Terms

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


Welspun Enterprises (NSE:WELENT) Business Description

Industry
Traded in Other Exchanges
Address
Senapati Bapat Marg, Welspun House, Kamala Mills Compound, Lower Parel (west), Mumbai, MH, IND, 400 013
Welspun Enterprises Ltd is an India based company, engaged in the infrastructure (road and water) business. Through its subsidiaries, the company operates through the segments of Infrastructure and Oil and Gas. The company has developed and operates public-private partnership (PPP) projects in various sectors, such as roads, water, and urban infrastructure. The firm generates maximum revenue from the Infrastructure segment which involves undertaking of road construction and water supply projects.

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