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Trade Wings (BOM:509953) Cyclically Adjusted Revenue per Share : ₹532.89 (As of Mar. 2024)


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What is Trade Wings 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.

Trade Wings's adjusted revenue per share for the three months ended in Mar. 2024 was ₹207.143. 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 ₹532.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Trade Wings's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 (2024-06-07), Trade Wings's current stock price is ₹48.00. Trade Wings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹532.89. Trade Wings's Cyclically Adjusted PS Ratio of today is 0.09.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Trade Wings was 0.12. The lowest was 0.09. And the median was 0.10.


Trade Wings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Trade Wings'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.

Trade Wings Cyclically Adjusted Revenue per Share Chart

Trade Wings 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 - - - 457.05 532.89

Trade Wings 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 457.05 479.08 488.70 512.02 532.89

Competitive Comparison of Trade Wings's Cyclically Adjusted Revenue per Share

For the Travel Services subindustry, Trade Wings'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.


Trade Wings's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trade Wings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Trade Wings 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, Trade Wings'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)
=207.143/153.0345*153.0345
=207.143

Current CPI (Mar. 2024) = 153.0345.

Trade Wings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 14.433 79.567 27.760
201209 14.233 82.244 26.484
201212 14.400 83.774 26.305
201303 7.997 85.687 14.282
201306 11.267 88.365 19.513
201309 10.767 91.042 18.098
201312 12.675 91.425 21.216
201403 79.725 91.425 133.450
201406 11.862 94.103 19.291
201409 12.700 96.780 20.082
201412 11.862 96.780 18.757
201503 84.822 97.163 133.597
201506 13.100 99.841 20.080
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 301.663 111.317 414.717
201809 233.472 115.142 310.306
201812 219.148 115.142 291.268
201903 267.797 118.202 346.713
201906 258.022 120.880 326.657
201909 237.961 123.175 295.646
201912 248.534 126.235 301.297
202003 80.917 124.705 99.299
202006 5.981 127.000 7.207
202009 21.756 130.118 25.588
202012 49.232 130.889 57.562
202103 48.073 131.771 55.831
202106 27.899 134.084 31.842
202109 64.502 135.847 72.663
202112 109.191 138.161 120.946
202203 86.685 138.822 95.560
202206 160.942 142.347 173.025
202209 161.080 144.661 170.404
202212 194.285 145.763 203.977
202303 207.790 146.865 216.519
202306 219.529 150.280 223.553
202309 173.967 151.492 175.738
202312 206.705 152.924 206.854
202403 207.143 153.035 207.143

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


Trade Wings  (BOM:509953) 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.

Trade Wings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=48.00/532.89
=0.09

* 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 Trade Wings was 0.12. The lowest was 0.09. And the median was 0.10.


Be Aware

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


Trade Wings Cyclically Adjusted Revenue per Share Related Terms

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


Trade Wings (BOM:509953) Business Description

Industry
Traded in Other Exchanges
N/A
Address
A-2 Kaveri CHS, Plot No.63, Sector 17, Vashi, Navi Mumbai, MH, IND, 400 705
Trade Wings Ltd is an India based company operating in the tourism industry. Its services include Business Travel, Leisure Travel, Hospitality, Logistics, and others. The company's operating segment includes Cargo and Others and Travel Related Services. It generates maximum revenue from the Travel Related Services segment.

Trade Wings (BOM:509953) Headlines

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