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Garg Furnace (BOM:530615) Cyclically Adjusted Revenue per Share : ₹433.92 (As of Mar. 2024)


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What is Garg Furnace 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.

Garg Furnace's adjusted revenue per share for the three months ended in Mar. 2024 was ₹99.435. 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 ₹433.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Garg Furnace's average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.30% 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 Garg Furnace was -1.30% per year. The lowest was -1.30% per year. And the median was -1.30% per year.

As of today (2024-06-23), Garg Furnace's current stock price is ₹293.95. Garg Furnace's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹433.92. Garg Furnace's Cyclically Adjusted PS Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Garg Furnace was 0.85. The lowest was 0.02. And the median was 0.10.


Garg Furnace Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Garg Furnace'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.

Garg Furnace Cyclically Adjusted Revenue per Share Chart

Garg Furnace 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 - 451.82 422.92 421.67 433.92

Garg Furnace 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 421.67 430.98 430.70 437.68 433.92

Competitive Comparison of Garg Furnace's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Garg Furnace'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.


Garg Furnace's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Garg Furnace 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, Garg Furnace'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)
=99.435/153.0345*153.0345
=99.435

Current CPI (Mar. 2024) = 153.0345.

Garg Furnace Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 87.616 94.103 142.486
201409 75.236 96.780 118.967
201412 76.789 96.780 121.423
201503 142.566 97.163 224.546
201506 69.845 99.841 107.058
201509 73.042 101.753 109.853
201512 41.012 102.901 60.993
201603 40.600 102.518 60.606
201606 35.579 105.961 51.385
201609 24.034 105.961 34.711
201612 31.635 105.196 46.021
201703 42.826 105.196 62.301
201706 35.174 107.109 50.256
201709 42.706 109.021 59.947
201712 201.483 109.404 281.835
201803 58.887 109.786 82.084
201806 61.429 111.317 84.451
201809 71.200 115.142 94.632
201812 69.795 115.142 92.764
201903 77.516 118.202 100.359
201906 69.279 120.880 87.708
201909 66.803 123.175 82.997
201912 53.378 126.235 64.710
202003 57.992 124.705 71.166
202006 24.234 127.000 29.202
202009 69.917 130.118 82.231
202012 91.501 130.889 106.982
202103 113.603 131.771 131.935
202106 89.375 134.084 102.006
202109 106.160 135.847 119.591
202112 130.087 138.161 144.092
202203 119.316 138.822 131.532
202206 153.305 142.347 164.815
202209 151.496 144.661 160.265
202212 133.251 145.763 139.899
202303 156.102 146.865 162.660
202306 154.453 150.280 157.284
202309 149.354 151.492 150.875
202312 163.006 152.924 163.123
202403 99.435 153.035 99.435

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


Garg Furnace  (BOM:530615) 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.

Garg Furnace's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=293.95/433.92
=0.68

* 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 Garg Furnace was 0.85. The lowest was 0.02. And the median was 0.10.


Be Aware

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


Garg Furnace Cyclically Adjusted Revenue per Share Related Terms

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


Garg Furnace (BOM:530615) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Garg Furnace Ltd (BOM:530615) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
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Address
Kanganwal Road, G.T. Road, V.P.O. Jugiana, Ludhiana, PB, IND, 141120
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.

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