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Veejay Lakshmi Engineering Works (BOM:522267) Cyclically Adjusted Revenue per Share : ₹183.49 (As of Dec. 2023)


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What is Veejay Lakshmi Engineering Works 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.

Veejay Lakshmi Engineering Works's adjusted revenue per share for the three months ended in Dec. 2023 was ₹41.992. 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 ₹183.49 for the trailing ten years ended in Dec. 2023.

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 (2024-05-20), Veejay Lakshmi Engineering Works's current stock price is ₹57.33. Veejay Lakshmi Engineering Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹183.49. Veejay Lakshmi Engineering Works's Cyclically Adjusted PS Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Veejay Lakshmi Engineering Works was 0.32. The lowest was 0.23. And the median was 0.27.


Veejay Lakshmi Engineering Works Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Veejay Lakshmi Engineering Works'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.

Veejay Lakshmi Engineering Works Cyclically Adjusted Revenue per Share Chart

Veejay Lakshmi Engineering Works Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
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Veejay Lakshmi Engineering Works 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 - - - - 183.49

Competitive Comparison of Veejay Lakshmi Engineering Works's Cyclically Adjusted Revenue per Share

For the Textile Manufacturing subindustry, Veejay Lakshmi Engineering Works'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.


Veejay Lakshmi Engineering Works's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Veejay Lakshmi Engineering Works's Cyclically Adjusted PS Ratio falls into.



Veejay Lakshmi Engineering Works 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, Veejay Lakshmi Engineering Works'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)
=41.992/152.9243*152.9243
=41.992

Current CPI (Dec. 2023) = 152.9243.

Veejay Lakshmi Engineering Works Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201509 45.901 101.753 68.984
201512 34.214 102.901 50.847
201603 32.314 102.518 48.202
201606 36.610 105.961 52.836
201609 43.420 105.961 62.664
201612 44.972 105.196 65.376
201703 52.500 105.196 76.320
201706 47.437 107.109 67.728
201709 51.577 109.021 72.347
201712 33.715 109.404 47.127
201803 27.676 109.786 38.551
201809 45.228 115.142 60.069
201812 30.552 115.142 40.577
201903 35.893 118.202 46.437
201906 39.648 120.880 50.158
201909 41.865 123.175 51.976
201912 24.209 126.235 29.327
202003 30.266 124.705 37.115
202006 7.872 127.000 9.479
202009 19.172 130.118 22.532
202012 28.069 130.889 32.794
202103 48.267 131.771 56.016
202106 23.089 134.084 26.333
202109 35.930 135.847 40.447
202112 46.077 138.161 51.001
202203 40.861 138.822 45.012
202206 35.202 142.347 37.818
202209 41.614 144.661 43.991
202212 27.320 145.763 28.662
202303 21.874 146.865 22.777
202306 37.072 150.280 37.724
202309 50.081 151.492 50.554
202312 41.992 152.924 41.992

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


Veejay Lakshmi Engineering Works  (BOM:522267) 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.

Veejay Lakshmi Engineering Works's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=57.33/183.49
=0.31

* 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 Veejay Lakshmi Engineering Works was 0.32. The lowest was 0.23. 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.


Veejay Lakshmi Engineering Works Cyclically Adjusted Revenue per Share Related Terms

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


Veejay Lakshmi Engineering Works (BOM:522267) Business Description

Traded in Other Exchanges
N/A
Address
Sengalipalayam, N.G.G.O. Colony Post, Coimbatore, TN, IND, 641022
Veejay Lakshmi Engineering Works Ltd is an Indian company that operates in the textile industry. The operating segment of the company includes Engineering and Textile. It generates maximum revenue from the Textile segment. The Textile Division is engaged in producing yarn and fabrics. Its Engineering Division is engaged in producing Two for One Twisters and Assembly Winders.

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