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Reliance Capital (BOM:500111) Cyclically Adjusted Revenue per Share : ₹708.01 (As of Mar. 2024)


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What is Reliance Capital 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.

Reliance Capital's adjusted revenue per share for the three months ended in Mar. 2024 was ₹211.173. 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 ₹708.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Reliance Capital's average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Reliance Capital was 8.30% per year. The lowest was 8.30% per year. And the median was 8.30% per year.

As of today (2024-06-09), Reliance Capital's current stock price is ₹11.79. Reliance Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹708.01. Reliance Capital's Cyclically Adjusted PS Ratio of today is 0.02.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Reliance Capital was 0.05. The lowest was 0.01. And the median was 0.02.


Reliance Capital Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Reliance Capital'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.

Reliance Capital Cyclically Adjusted Revenue per Share Chart

Reliance Capital 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 - 558.01 596.78 649.72 708.01

Reliance Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 641.30 649.72 675.19 694.56 708.01

Competitive Comparison of Reliance Capital's Cyclically Adjusted Revenue per Share

For the Financial Conglomerates subindustry, Reliance Capital'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.


Reliance Capital's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

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

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



Reliance Capital 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, Reliance Capital'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)
=211.173/153.0345*153.0345
=211.173

Current CPI (Mar. 2024) = 153.0345.

Reliance Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 91.425 0.000
201406 59.290 94.103 96.420
201409 58.273 96.780 92.144
201412 58.438 96.780 92.405
201503 61.844 97.163 97.406
201506 70.512 99.841 108.080
201509 66.172 101.753 99.521
201512 63.509 102.901 94.451
201603 83.331 102.518 124.393
201606 116.590 105.961 168.385
201609 165.634 105.961 239.217
201612 126.254 105.196 183.669
201703 168.403 105.196 244.985
201706 154.604 107.109 220.895
201709 118.571 109.021 166.439
201712 165.485 109.404 231.481
201803 157.566 109.786 219.636
201806 147.581 111.317 202.890
201809 163.770 115.142 217.666
201812 157.298 115.142 209.064
201903 132.603 118.202 171.679
201906 184.355 120.880 233.394
201909 153.061 123.175 190.165
201912 147.160 126.235 178.401
202003 43.776 124.705 53.721
202006 130.787 127.000 157.597
202009 162.509 130.118 191.130
202012 158.313 130.889 185.098
202103 182.873 131.771 212.383
202106 147.869 134.084 168.768
202109 199.548 135.847 224.795
202112 131.769 138.161 145.955
202203 174.184 138.822 192.017
202206 132.513 142.347 142.462
202209 269.292 144.661 284.879
202212 198.748 145.763 208.663
202303 195.479 146.865 203.691
202309 216.233 151.492 218.435
202312 219.395 152.924 219.553
202403 211.173 153.035 211.173

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


Reliance Capital  (BOM:500111) 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.

Reliance Capital's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.79/708.01
=0.02

* 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 Reliance Capital was 0.05. The lowest was 0.01. And the median was 0.02.


Be Aware

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


Reliance Capital Cyclically Adjusted Revenue per Share Related Terms

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


Reliance Capital (BOM:500111) Business Description

Traded in Other Exchanges
Address
Trade World, S. B. Marg, 7th Floor, B Wing, Kamala Mills Compound, Lower Parel, Mumbai, MH, IND, 400 013
Reliance Capital Ltd is a member of the Reliance Group and services the financial sector. The company provides services in asset management and mutual funds, life and general insurance, commercial finance, equities and commodities broking, wealth management, and many other related services. General insurance is the company's leading revenue generator and includes auto, home, property, travel, marine, commercial, and other specialty products for individuals and companies. Its commercial finance unit is operated through a subsidiary, Reliance Commercial Finance, and participates in a range of lending activities. As one of India's leading lenders, it offers home loans, loans against property, small and medium enterprise loans, vehicle loans, and loans for construction.

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