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TechNVision Ventures (BOM:501421) Cyclically Adjusted Revenue per Share : ₹159.08 (As of Dec. 2023)


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What is TechNVision Ventures 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.

TechNVision Ventures's adjusted revenue per share for the three months ended in Dec. 2023 was ₹95.305. 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 ₹159.08 for the trailing ten years ended in Dec. 2023.

During the past 12 months, TechNVision Ventures's average Cyclically Adjusted Revenue Growth Rate was 20.10% 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.

As of today (2024-05-15), TechNVision Ventures's current stock price is ₹2014.25. TechNVision Ventures's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹159.08. TechNVision Ventures's Cyclically Adjusted PS Ratio of today is 12.66.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TechNVision Ventures was 12.35. The lowest was 0.78. And the median was 1.97.


TechNVision Ventures Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TechNVision Ventures'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.

TechNVision Ventures Cyclically Adjusted Revenue per Share Chart

TechNVision Ventures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 99.29 113.91 138.76

TechNVision Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 132.46 138.76 144.43 151.95 159.08

Competitive Comparison of TechNVision Ventures's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, TechNVision Ventures'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.


TechNVision Ventures's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, TechNVision Ventures's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TechNVision Ventures 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, TechNVision Ventures's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=95.305/153.2548*153.2548
=95.305

Current CPI (Dec. 2023) = 153.2548.

TechNVision Ventures Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.227 91.425 3.733
201406 9.673 94.103 15.753
201409 13.394 96.780 21.210
201412 19.391 96.780 30.706
201503 11.246 97.163 17.738
201506 11.481 99.841 17.623
201509 14.218 101.753 21.414
201512 21.447 102.901 31.942
201603 11.287 102.518 16.873
201606 14.644 105.961 21.180
201609 16.885 105.961 24.421
201612 25.772 105.196 37.546
201703 16.911 105.196 24.637
201706 18.281 107.109 26.157
201709 20.782 109.021 29.214
201712 22.605 109.404 31.665
201803 18.047 109.786 25.192
201806 24.962 111.317 34.366
201809 34.902 115.142 46.455
201812 27.691 115.142 36.857
201903 51.307 118.202 66.522
201906 26.644 120.880 33.780
201909 32.326 123.175 40.220
201912 36.043 126.235 43.758
202003 26.038 124.705 31.999
202006 33.272 127.000 40.150
202009 34.837 130.118 41.032
202012 38.166 130.889 44.688
202103 31.802 131.771 36.987
202106 34.736 134.084 39.702
202109 51.984 135.847 58.645
202112 49.050 138.161 54.409
202203 55.485 138.822 61.254
202206 56.022 142.347 60.315
202209 59.836 144.661 63.391
202212 59.628 145.763 62.693
202303 66.942 146.865 69.855
202306 49.820 150.280 50.806
202309 79.712 151.492 80.640
202312 95.305 153.255 95.305

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


TechNVision Ventures  (BOM:501421) 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.

TechNVision Ventures's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2014.25/159.08
=12.66

* 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 TechNVision Ventures was 12.35. The lowest was 0.78. And the median was 1.97.


Be Aware

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


TechNVision Ventures Cyclically Adjusted Revenue per Share Related Terms

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


TechNVision Ventures (BOM:501421) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1486 (12-13-522), Lane No. 13, Street No. 14, Tarnaka, Secunderabad, TG, IND, 500017
TechNVision Ventures Ltd is an India based company. It is an exporter of software services. The company is engaged in the segment of Software related Development services, products and Information Technology enabled services. The company divides its products into the groups of Enterprise Data Management, Enterprise Cash Flow Management and Enterprise Talent Management. Geographically, the customers of the company are located in India and overseas market, of which key revenue is derived from the Overseas sales.

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