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Finolex Industries (BOM:500940) Cyclically Adjusted Revenue per Share : ₹70.30 (As of Sep. 2024)


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What is Finolex Industries 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.

Finolex Industries's adjusted revenue per share for the three months ended in Sep. 2024 was ₹13.444. 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 ₹70.30 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Finolex Industries's average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% 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 Finolex Industries was 6.80% per year. The lowest was 6.80% per year. And the median was 6.80% per year.

As of today (2024-12-13), Finolex Industries's current stock price is ₹269.25. Finolex Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ₹70.30. Finolex Industries's Cyclically Adjusted PS Ratio of today is 3.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Finolex Industries was 5.12. The lowest was 2.08. And the median was 3.02.


Finolex Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Finolex Industries'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.

Finolex Industries Cyclically Adjusted Revenue per Share Chart

Finolex Industries 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 - 56.27 61.10 65.21 68.47

Finolex Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 67.06 68.48 68.47 69.74 70.30

Competitive Comparison of Finolex Industries's Cyclically Adjusted Revenue per Share

For the Building Products & Equipment subindustry, Finolex Industries'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.


Finolex Industries's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Finolex Industries 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, Finolex Industries's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=13.444/157.8822*157.8822
=13.444

Current CPI (Sep. 2024) = 157.8822.

Finolex Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 6.205 91.042 10.760
201312 10.548 91.425 18.215
201403 13.840 91.425 23.900
201406 10.572 94.103 17.737
201409 6.129 96.780 9.999
201412 10.275 96.780 16.762
201503 12.903 97.163 20.966
201506 10.133 99.841 16.024
201509 7.433 101.753 11.533
201512 8.708 102.901 13.361
201603 19.533 102.518 30.082
201606 10.732 105.961 15.991
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 13.348 111.317 18.932
201809 8.744 115.142 11.990
201812 12.198 115.142 16.726
201903 15.162 118.202 20.252
201906 15.221 120.880 19.880
201909 9.294 123.175 11.913
201912 11.272 126.235 14.098
202003 11.866 124.705 15.023
202006 9.015 127.000 11.207
202009 9.439 130.118 11.453
202012 17.179 130.889 20.722
202103 19.756 131.771 23.671
202106 15.595 134.084 18.363
202109 17.448 135.847 20.278
202112 16.195 138.161 18.507
202203 25.148 138.822 28.601
202206 19.187 142.347 21.281
202209 15.195 144.661 16.584
202212 18.100 145.763 19.605
202303 18.223 146.865 19.590
202306 19.017 150.280 19.979
202309 14.244 151.492 14.845
202312 16.460 152.924 16.994
202403 19.308 153.035 19.920
202406 18.449 155.789 18.697
202409 13.444 157.882 13.444

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


Finolex Industries  (BOM:500940) 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.

Finolex Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=269.25/70.3
=3.83

* 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 Finolex Industries was 5.12. The lowest was 2.08. And the median was 3.02.


Be Aware

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


Finolex Industries Cyclically Adjusted Revenue per Share Related Terms

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


Finolex Industries Business Description

Industry
Traded in Other Exchanges
Address
Baner-Pashan Link Road, IndiQube -The Kode, 11th Floor, Baner Gaon, Haveli, Pune, MH, IND, 411045
Finolex Industries Ltd manufactures rigid polyvinyl chloride pipes and resins, and fittings. Pipes and fittings are developed out of manufacturing plants strategically located in India. Finolex's products are designed to meet a range of specifications such as size, pressure classes, and diameters. Traditionally, market participants in agriculture, housing, telecom, construction, and other industries have constituted the largest portion of the company's customer base. In addition to the number of manufacturing plants across India, Finolex depends on a network of direct and indirect retail outlets across the country to deliver its services to numerous industries.

Finolex Industries Headlines

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