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Garware Marine Industries (BOM:509563) Cyclically Adjusted Revenue per Share : ₹2.69 (As of Dec. 2023)


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What is Garware Marine 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.

Garware Marine Industries's adjusted revenue per share for the three months ended in Dec. 2023 was ₹0.255. 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 ₹2.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Garware Marine Industries's average Cyclically Adjusted Revenue Growth Rate was -28.80% 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 (2024-05-18), Garware Marine Industries's current stock price is ₹13.34. Garware Marine Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹2.69. Garware Marine Industries's Cyclically Adjusted PS Ratio of today is 4.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Garware Marine Industries was 5.53. The lowest was 0.39. And the median was 2.17.


Garware Marine Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Garware Marine 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.

Garware Marine Industries Cyclically Adjusted Revenue per Share Chart

Garware Marine Industries Annual Data
Trend Jun13 Jun14 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 - - 7.36 5.77 3.17

Garware Marine Industries 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 3.78 3.17 2.80 2.73 2.69

Competitive Comparison of Garware Marine Industries's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, Garware Marine 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.


Garware Marine Industries's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Garware Marine Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Garware Marine 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, Garware Marine Industries'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)
=0.255/152.9243*152.9243
=0.255

Current CPI (Dec. 2023) = 152.9243.

Garware Marine Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.521 91.425 0.871
201406 0.947 94.103 1.539
201409 0.469 96.780 0.741
201412 0.367 96.780 0.580
201503 0.725 97.163 1.141
201506 0.780 99.841 1.195
201509 0.281 101.753 0.422
201512 0.401 102.901 0.596
201603 0.516 102.518 0.770
201606 0.303 105.961 0.437
201609 0.443 105.961 0.639
201612 0.576 105.196 0.837
201703 0.216 105.196 0.314
201706 0.398 107.109 0.568
201709 0.304 109.021 0.426
201712 0.623 109.404 0.871
201803 0.663 109.786 0.924
201806 0.771 111.317 1.059
201809 0.564 115.142 0.749
201812 0.419 115.142 0.556
201903 0.405 118.202 0.524
201906 0.563 120.880 0.712
201909 0.466 123.175 0.579
201912 0.521 126.235 0.631
202003 0.359 124.705 0.440
202006 0.284 127.000 0.342
202009 1.028 130.118 1.208
202012 0.432 130.889 0.505
202103 0.515 131.771 0.598
202106 0.658 134.084 0.750
202109 0.794 135.847 0.894
202112 0.819 138.161 0.907
202203 0.362 138.822 0.399
202206 0.565 142.347 0.607
202209 0.628 144.661 0.664
202212 0.582 145.763 0.611
202303 0.329 146.865 0.343
202306 0.318 150.280 0.324
202309 0.282 151.492 0.285
202312 0.255 152.924 0.255

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


Garware Marine Industries  (BOM:509563) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.34/2.69
=4.96

* 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 Garware Marine Industries was 5.53. The lowest was 0.39. And the median was 2.17.


Be Aware

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


Garware Marine Industries Cyclically Adjusted Revenue per Share Related Terms

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


Garware Marine Industries (BOM:509563) Business Description

Traded in Other Exchanges
N/A
Address
D.N.Road, 03rd Floor, Prospect Chambers, Fort, Mumbai, MH, IND, 400 001
Garware Marine Industries Ltd is an India based company engaged in the repair of vessels. Its principal product/service includes ship repair services. The ship repair services provided by the company include Pump overhauls, Engine overhaul Hydraulic repairs, Gear Box repair and Pipeline and other marine fabrication jobs.

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