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Nova Iron & Steel (BOM:513566) Cyclically Adjusted Revenue per Share : ₹88.70 (As of Dec. 2024)


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What is Nova Iron & Steel 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.

Nova Iron & Steel's adjusted revenue per share for the three months ended in Dec. 2024 was ₹27.100. 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 ₹88.70 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Nova Iron & Steel's average Cyclically Adjusted Revenue Growth Rate was 20.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 47.30% 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 Nova Iron & Steel was 47.30% per year. The lowest was 47.30% per year. And the median was 47.30% per year.

As of today (2025-06-01), Nova Iron & Steel's current stock price is ₹14.00. Nova Iron & Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was ₹88.70. Nova Iron & Steel's Cyclically Adjusted PS Ratio of today is 0.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nova Iron & Steel was 0.86. The lowest was 0.12. And the median was 0.27.


Nova Iron & Steel Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nova Iron & Steel'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.

Nova Iron & Steel Cyclically Adjusted Revenue per Share Chart

Nova Iron & Steel 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 - 24.09 41.71 61.61 77.04

Nova Iron & Steel Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 73.68 77.04 81.74 85.49 88.70

Competitive Comparison of Nova Iron & Steel's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Nova Iron & Steel'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.


Nova Iron & Steel's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nova Iron & Steel's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nova Iron & Steel's Cyclically Adjusted PS Ratio falls into.


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Nova Iron & Steel 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, Nova Iron & Steel's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=27.1/158.3229*158.3229
=27.100

Current CPI (Dec. 2024) = 158.3229.

Nova Iron & Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.053 96.780 0.087
201503 0.215 97.163 0.350
201506 0.080 99.841 0.127
201509 1.158 101.753 1.802
201512 0.649 102.901 0.999
201603 1.278 102.518 1.974
201606 8.199 105.961 12.251
201609 5.276 105.961 7.883
201612 0.547 105.196 0.823
201703 -5.191 105.196 -7.813
201706 1.572 107.109 2.324
201709 0.533 109.021 0.774
201803 0.000 109.786 0.000
201806 0.922 111.317 1.311
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 -0.786 118.202 -1.053
201906 0.728 120.880 0.954
201909 9.101 123.175 11.698
201912 3.474 126.235 4.357
202003 -0.271 124.705 -0.344
202006 0.000 127.000 0.000
202009 22.512 130.118 27.392
202012 33.286 130.889 40.263
202103 38.573 131.771 46.346
202106 34.968 134.084 41.289
202109 42.920 135.847 50.021
202112 41.134 138.161 47.137
202203 46.927 138.822 53.519
202206 52.006 142.347 57.843
202209 45.063 144.661 49.319
202212 45.992 145.763 49.955
202303 48.218 146.865 51.980
202306 50.430 150.280 53.129
202309 33.697 151.492 35.216
202312 31.240 152.924 32.343
202403 33.151 153.035 34.297
202406 34.543 155.789 35.105
202409 27.500 157.882 27.577
202412 27.100 158.323 27.100

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


Nova Iron & Steel  (BOM:513566) 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.

Nova Iron & Steel's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.00/88.70
=0.16

* 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 Nova Iron & Steel was 0.86. The lowest was 0.12. And the median was 0.27.


Be Aware

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


Nova Iron & Steel Cyclically Adjusted Revenue per Share Related Terms

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


Nova Iron & Steel Business Description

Industry
Traded in Other Exchanges
N/A
Address
Village Dagori, Tehsil Belha, Bilaspur, CT, IND, 495224
Nova Iron & Steel Ltd is an Indian company engaged in the business of manufacturing and trading iron, steel, metals, securities, and natural resources.

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