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Times Guaranty (BOM:511559) Cyclically Adjusted Revenue per Share : ₹3.22 (As of Mar. 2024)


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What is Times Guaranty 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.

Times Guaranty's adjusted revenue per share for the three months ended in Mar. 2024 was ₹0.887. 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 ₹3.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Times Guaranty's average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Times Guaranty was 1.10% per year. The lowest was 1.10% per year. And the median was 1.10% per year.

As of today (2024-06-17), Times Guaranty's current stock price is ₹110.10. Times Guaranty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹3.22. Times Guaranty's Cyclically Adjusted PS Ratio of today is 34.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Times Guaranty was 47.47. The lowest was 7.93. And the median was 17.21.


Times Guaranty Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Times Guaranty'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.

Times Guaranty Cyclically Adjusted Revenue per Share Chart

Times Guaranty 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 - 3.12 3.14 3.05 3.22

Times Guaranty 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 3.05 3.16 3.18 3.16 3.22

Competitive Comparison of Times Guaranty's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Times Guaranty'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.


Times Guaranty's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Times Guaranty's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Times Guaranty 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, Times Guaranty'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)
=0.887/153.0345*153.0345
=0.887

Current CPI (Mar. 2024) = 153.0345.

Times Guaranty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.316 94.103 0.514
201409 0.064 96.780 0.101
201412 0.058 96.780 0.092
201503 0.204 97.163 0.321
201506 0.044 99.841 0.067
201509 0.069 101.753 0.104
201512 0.015 102.901 0.022
201603 0.023 102.518 0.034
201606 0.026 105.961 0.038
201609 0.499 105.961 0.721
201612 5.403 105.196 7.860
201703 0.204 105.196 0.297
201706 0.535 107.109 0.764
201709 0.514 109.021 0.722
201712 0.075 109.404 0.105
201803 0.069 109.786 0.096
201806 0.005 111.317 0.007
201809 0.367 115.142 0.488
201812 0.024 115.142 0.032
201903 1.798 118.202 2.328
201906 0.004 120.880 0.005
201909 0.616 123.175 0.765
201912 0.517 126.235 0.627
202003 0.540 124.705 0.663
202006 0.468 127.000 0.564
202009 0.550 130.118 0.647
202012 0.498 130.889 0.582
202103 5.637 131.771 6.547
202106 0.466 134.084 0.532
202109 0.473 135.847 0.533
202112 0.480 138.161 0.532
202203 -0.064 138.822 -0.071
202206 0.469 142.347 0.504
202209 0.359 144.661 0.380
202212 0.303 145.763 0.318
202303 0.858 146.865 0.894
202306 0.850 150.280 0.866
202309 0.860 151.492 0.869
202312 0.894 152.924 0.895
202403 0.887 153.035 0.887

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


Times Guaranty  (BOM:511559) 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.

Times Guaranty's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=110.10/3.22
=34.19

* 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 Times Guaranty was 47.47. The lowest was 7.93. And the median was 17.21.


Be Aware

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


Times Guaranty Cyclically Adjusted Revenue per Share Related Terms

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


Times Guaranty (BOM:511559) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Times Tower, 5th Floor, Kamala Mills Compound, Lower Parel, Mumbai, MH, IND, 400013
Times Guaranty Ltd is a non-deposit accepting non-banking financial company that is engaged in the business of providing financial services. The company is involved in investing and financing activities. The group operates in India.

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