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Hind Rectifiers (BOM:504036) Cyclically Adjusted Revenue per Share : ₹183.10 (As of Mar. 2024)


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What is Hind Rectifiers 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.

Hind Rectifiers's adjusted revenue per share for the three months ended in Mar. 2024 was ₹87.963. 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 ₹183.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hind Rectifiers's average Cyclically Adjusted Revenue Growth Rate was 16.80% 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.

As of today (2024-06-09), Hind Rectifiers's current stock price is ₹669.35. Hind Rectifiers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹183.10. Hind Rectifiers's Cyclically Adjusted PS Ratio of today is 3.66.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hind Rectifiers was 4.27. The lowest was 1.10. And the median was 1.57.


Hind Rectifiers Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hind Rectifiers'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.

Hind Rectifiers Cyclically Adjusted Revenue per Share Chart

Hind Rectifiers 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 - - 142.13 156.74 183.10

Hind Rectifiers 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 156.74 165.07 170.92 178.08 183.10

Competitive Comparison of Hind Rectifiers's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Hind Rectifiers'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.


Hind Rectifiers's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hind Rectifiers's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hind Rectifiers 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, Hind Rectifiers'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)
=87.963/153.0345*153.0345
=87.963

Current CPI (Mar. 2024) = 153.0345.

Hind Rectifiers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.021 94.103 13.044
201409 16.741 96.780 26.472
201412 13.354 96.780 21.116
201503 22.425 97.163 35.320
201506 8.158 99.841 12.504
201509 11.344 101.753 17.061
201512 15.096 102.901 22.451
201603 25.583 102.518 38.189
201606 16.291 105.961 23.528
201609 17.168 105.961 24.795
201612 15.703 105.196 22.844
201703 21.279 105.196 30.956
201706 12.200 107.109 17.431
201709 17.618 109.021 24.731
201712 17.599 109.404 24.618
201803 36.636 109.786 51.068
201806 26.803 111.317 36.848
201809 35.863 115.142 47.665
201812 41.372 115.142 54.987
201903 50.574 118.202 65.477
201906 41.283 120.880 52.265
201909 50.297 123.175 62.490
201912 42.656 126.235 51.712
202003 46.896 124.705 57.549
202006 28.576 127.000 34.434
202009 61.044 130.118 71.795
202012 48.546 130.889 56.760
202103 45.721 131.771 53.099
202106 44.146 134.084 50.385
202109 61.098 135.847 68.828
202112 56.738 138.161 62.846
202203 61.455 138.822 67.747
202206 43.825 142.347 47.115
202209 46.843 144.661 49.554
202212 58.175 145.763 61.077
202303 67.201 146.865 70.024
202306 56.564 150.280 57.601
202309 76.657 151.492 77.438
202312 79.178 152.924 79.235
202403 87.963 153.035 87.963

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


Hind Rectifiers  (BOM:504036) 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.

Hind Rectifiers's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=669.35/183.1
=3.66

* 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 Hind Rectifiers was 4.27. The lowest was 1.10. And the median was 1.57.


Be Aware

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


Hind Rectifiers Cyclically Adjusted Revenue per Share Related Terms

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


Hind Rectifiers (BOM:504036) Business Description

Industry
Traded in Other Exchanges
Address
Lake Road, Bhandup (West), Mumbai, MH, IND, 400078
Hind Rectifiers Ltd is engaged in developing, designing, manufacturing, and marketing power semiconductor, power electronic equipment, and railway transportation Equipments. Its products include High Voltage, Cathodic Protection - TRU, Power Diodes, Rectifiers, Transformers and Converters.

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