GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Cranex Ltd (BOM:522001) » Definitions » Cyclically Adjusted Revenue per Share

Cranex (BOM:522001) Cyclically Adjusted Revenue per Share : ₹66.25 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Cranex 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.

Cranex's adjusted revenue per share for the three months ended in Dec. 2023 was ₹28.409. 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 ₹66.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cranex's average Cyclically Adjusted Revenue Growth Rate was 12.00% 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 (2024-06-09), Cranex's current stock price is ₹100.37. Cranex's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹66.25. Cranex's Cyclically Adjusted PS Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cranex was 1.76. The lowest was 0.17. And the median was 0.44.


Cranex Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cranex'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.

Cranex Cyclically Adjusted Revenue per Share Chart

Cranex Annual Data
Trend Mar14 Mar15 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 - - 51.87 56.10 61.20

Cranex 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 59.17 61.20 60.57 63.33 66.25

Competitive Comparison of Cranex's Cyclically Adjusted Revenue per Share

For the Farm & Heavy Construction Machinery subindustry, Cranex'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.


Cranex's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Cranex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cranex 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, Cranex'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)
=28.409/152.9243*152.9243
=28.409

Current CPI (Dec. 2023) = 152.9243.

Cranex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 5.946 91.425 9.946
201403 13.232 91.425 22.133
201406 4.843 94.103 7.870
201409 5.805 96.780 9.173
201412 7.362 96.780 11.633
201503 15.136 97.163 23.822
201506 2.997 99.841 4.590
201509 6.650 101.753 9.994
201512 5.931 102.901 8.814
201603 20.196 102.518 30.126
201606 2.059 105.961 2.972
201609 6.163 105.961 8.895
201612 10.446 105.196 15.185
201703 17.919 105.196 26.049
201706 8.562 107.109 12.224
201709 3.976 109.021 5.577
201712 12.362 109.404 17.280
201803 18.356 109.786 25.569
201809 9.848 115.142 13.080
201812 8.749 115.142 11.620
201903 21.241 118.202 27.481
201906 13.087 120.880 16.556
201909 15.631 123.175 19.406
201912 13.060 126.235 15.821
202003 18.306 124.705 22.448
202006 10.317 127.000 12.423
202009 14.850 130.118 17.453
202012 9.222 130.889 10.775
202103 24.717 131.771 28.685
202106 19.673 134.084 22.437
202109 10.285 135.847 11.578
202112 17.015 138.161 18.833
202203 19.809 138.822 21.821
202206 13.713 142.347 14.732
202209 12.063 144.661 12.752
202212 15.378 145.763 16.134
202303 26.690 146.865 27.791
202306 15.239 150.280 15.507
202309 24.642 151.492 24.875
202312 28.409 152.924 28.409

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


Cranex  (BOM:522001) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=100.37/66.25
=1.52

* 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 Cranex was 1.76. The lowest was 0.17. And the median was 0.44.


Be Aware

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


Cranex Cyclically Adjusted Revenue per Share Related Terms

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


Cranex (BOM:522001) Business Description

Traded in Other Exchanges
N/A
Address
57/1, Industrial Area, Site-IV, Ghaziabad District, Sahibabad, UP, IND, 201010
Cranex Ltd is engaged in the manufacturing and selling of cranes and their parts in India. It also provides after-sales maintenance services. The company's only operating segment is the Manufacture and sale of EOT Cranes. It supplies the products to Government and Private sector industries. The company's product offerings include Double girder cranes, Single girder cranes, Jib cranes, Gantry cranes, Escalators and moving walkways, Elevators, and Railway products.

Cranex (BOM:522001) Headlines

No Headlines