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Welspun Specialty Solutions (BOM:500365) Cyclically Adjusted Revenue per Share : ₹21.07 (As of Mar. 2024)


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What is Welspun Specialty Solutions 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 Specialty Solutions's adjusted revenue per share for the three months ended in Mar. 2024 was ₹2.939. 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 ₹21.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Welspun Specialty Solutions's average Cyclically Adjusted Revenue Growth Rate was -16.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -16.60% 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 Specialty Solutions was -16.60% per year. The lowest was -17.00% per year. And the median was -16.80% per year.

As of today (2024-06-21), Welspun Specialty Solutions's current stock price is ₹37.83. Welspun Specialty Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹21.07. Welspun Specialty Solutions's Cyclically Adjusted PS Ratio of today is 1.80.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Welspun Specialty Solutions was 1.93. The lowest was 0.12. And the median was 0.59.


Welspun Specialty Solutions Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Welspun Specialty Solutions'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 Specialty Solutions Cyclically Adjusted Revenue per Share Chart

Welspun Specialty Solutions 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 44.16 36.37 28.64 25.29 21.07

Welspun Specialty Solutions 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 25.29 24.46 23.37 22.30 21.07

Competitive Comparison of Welspun Specialty Solutions's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Welspun Specialty Solutions'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 Specialty Solutions's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Welspun Specialty Solutions's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Welspun Specialty Solutions 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 Specialty Solutions'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)
=2.939/153.0345*153.0345
=2.939

Current CPI (Mar. 2024) = 153.0345.

Welspun Specialty Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.908 94.103 16.113
201409 11.021 96.780 17.427
201412 6.062 96.780 9.586
201503 4.775 97.163 7.521
201506 7.435 99.841 11.396
201509 7.036 101.753 10.582
201512 6.642 102.901 9.878
201603 6.199 102.518 9.254
201606 6.480 105.961 9.359
201609 6.428 105.961 9.284
201612 5.641 105.196 8.206
201703 5.201 105.196 7.566
201706 4.205 107.109 6.008
201709 1.256 109.021 1.763
201712 9.052 109.404 12.662
201803 6.867 109.786 9.572
201806 3.186 111.317 4.380
201809 4.258 115.142 5.659
201812 3.735 115.142 4.964
201903 2.408 118.202 3.118
201906 3.292 120.880 4.168
201909 1.744 123.175 2.167
201912 1.369 126.235 1.660
202003 1.101 124.705 1.351
202006 0.417 127.000 0.502
202009 0.639 130.118 0.752
202012 0.366 130.889 0.428
202103 0.398 131.771 0.462
202106 0.351 134.084 0.401
202109 0.399 135.847 0.449
202112 0.752 138.161 0.833
202203 1.444 138.822 1.592
202206 1.541 142.347 1.657
202209 1.626 144.661 1.720
202212 2.138 145.763 2.245
202303 2.653 146.865 2.764
202306 3.070 150.280 3.126
202309 3.997 151.492 4.038
202312 3.151 152.924 3.153
202403 2.939 153.035 2.939

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


Welspun Specialty Solutions  (BOM:500365) 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 Specialty Solutions's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=37.83/21.07
=1.80

* 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 Specialty Solutions was 1.93. The lowest was 0.12. And the median was 0.59.


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 Specialty Solutions Cyclically Adjusted Revenue per Share Related Terms

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


Welspun Specialty Solutions (BOM:500365) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Senapati Bapat Marg, Kamala Mills Compound, 5th Floor, Welspun House, Lower Parel (West), Mumbai, MH, IND, 400013
Welspun Specialty Solutions Ltd is engaged in the manufacturing of alloy and stainless steel products. The firm serves various industries such as automotive energy, defense, nuclear power, and aerospace. The company's business is predominantly confined to India.

Welspun Specialty Solutions (BOM:500365) Headlines

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