GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ashima Ltd (BOM:514286) » Definitions » Cyclically Adjusted Revenue per Share

Ashima (BOM:514286) Cyclically Adjusted Revenue per Share : ₹36.16 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Ashima 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.

Ashima's adjusted revenue per share for the three months ended in Mar. 2024 was ₹8.774. 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 ₹36.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ashima's average Cyclically Adjusted Revenue Growth Rate was -20.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -15.10% 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 Ashima was -15.10% per year. The lowest was -15.10% per year. And the median was -15.10% per year.

As of today (2024-06-12), Ashima's current stock price is ₹36.83. Ashima's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹36.16. Ashima's Cyclically Adjusted PS Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ashima was 1.02. The lowest was 0.12. And the median was 0.31.


Ashima Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ashima'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.

Ashima Cyclically Adjusted Revenue per Share Chart

Ashima 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 - 58.87 52.87 45.34 36.16

Ashima 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 45.34 42.47 40.27 37.63 36.16

Competitive Comparison of Ashima's Cyclically Adjusted Revenue per Share

For the Textile Manufacturing subindustry, Ashima'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.


Ashima's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ashima's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ashima 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, Ashima'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)
=8.774/153.0345*153.0345
=8.774

Current CPI (Mar. 2024) = 153.0345.

Ashima Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.306 94.103 29.770
201409 15.243 96.780 24.103
201412 17.356 96.780 27.444
201503 12.895 97.163 20.310
201506 14.520 99.841 22.256
201509 15.717 101.753 23.638
201512 17.284 102.901 25.705
201603 13.366 102.518 19.952
201606 12.666 105.961 18.293
201609 3.345 105.961 4.831
201612 3.972 105.196 5.778
201703 3.478 105.196 5.060
201706 4.318 107.109 6.169
201709 3.866 109.021 5.427
201712 5.311 109.404 7.429
201803 4.338 109.786 6.047
201806 5.864 111.317 8.062
201809 4.960 115.142 6.592
201812 5.911 115.142 7.856
201903 8.590 118.202 11.121
201906 6.194 120.880 7.842
201909 5.074 123.175 6.304
201912 6.488 126.235 7.865
202003 4.200 124.705 5.154
202006 0.424 127.000 0.511
202009 1.883 130.118 2.215
202012 2.230 130.889 2.607
202103 0.564 131.771 0.655
202106 1.356 134.084 1.548
202109 3.135 135.847 3.532
202112 3.473 138.161 3.847
202203 2.988 138.822 3.294
202206 3.057 142.347 3.287
202209 3.244 144.661 3.432
202212 2.995 145.763 3.144
202303 1.932 146.865 2.013
202306 2.718 150.280 2.768
202309 2.798 151.492 2.826
202312 4.138 152.924 4.141
202403 8.774 153.035 8.774

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


Ashima  (BOM:514286) 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.

Ashima's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=36.83/36.16
=1.02

* 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 Ashima was 1.02. The lowest was 0.12. And the median was 0.31.


Be Aware

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


Ashima Cyclically Adjusted Revenue per Share Related Terms

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


Ashima (BOM:514286) Business Description

Traded in Other Exchanges
Address
Texcellence Complex, Near Anupam Cinema, Khokhara Mehmedabad, Ahmedabad, GJ, IND, 380021
Ashima Ltd is a Textile Manufacturing company engaged in the manufacture of cotton fabric in India. It offers a range of cotton textile products, including denim, shirting, bottom weights, and interlinings. Its fabrics include Denim, Price dyed, and Fusible Interlinings. It offers various types of denim, including open-end denim, ring denim, slub denim, cross-hatch denim, stretch denim, and fashion denim. The firm sells its goods in the domestic market and also exports them to various countries. It operates in Textiles, Real Estate, Investment, and Others.

Ashima (BOM:514286) Headlines

No Headlines