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National Fittings (BOM:531289) Cyclically Adjusted Revenue per Share : ₹87.55 (As of Mar. 2024)


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What is National Fittings 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.

National Fittings's adjusted revenue per share for the three months ended in Mar. 2024 was ₹23.847. 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 ₹87.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, National Fittings's average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% 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 National Fittings was 6.80% per year. The lowest was 6.80% per year. And the median was 6.80% per year.

As of today (2024-06-02), National Fittings's current stock price is ₹111.00. National Fittings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹87.55. National Fittings's Cyclically Adjusted PS Ratio of today is 1.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of National Fittings was 2.16. The lowest was 0.35. And the median was 0.77.


National Fittings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for National Fittings'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.

National Fittings Cyclically Adjusted Revenue per Share Chart

National Fittings 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 - 71.79 76.04 83.05 87.55

National Fittings 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 83.05 85.48 86.73 87.55 87.55

Competitive Comparison of National Fittings's Cyclically Adjusted Revenue per Share

For the Steel subindustry, National Fittings'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.


National Fittings's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



National Fittings 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, National Fittings'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)
=23.847/153.0345*153.0345
=23.847

Current CPI (Mar. 2024) = 153.0345.

National Fittings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.446 94.103 18.614
201409 16.059 96.780 25.393
201412 15.332 96.780 24.244
201503 13.377 97.163 21.069
201506 12.370 99.841 18.961
201509 16.123 101.753 24.249
201512 16.919 102.901 25.162
201603 17.299 102.518 25.823
201606 16.568 105.961 23.928
201609 21.044 105.961 30.393
201612 21.826 105.196 31.752
201703 18.046 105.196 26.253
201706 17.221 107.109 24.605
201709 19.812 109.021 27.810
201712 18.526 109.404 25.914
201803 11.100 109.786 15.473
201806 18.995 111.317 26.114
201809 19.828 115.142 26.353
201812 15.273 115.142 20.299
201903 9.596 118.202 12.424
201906 13.855 120.880 17.541
201909 16.503 123.175 20.504
201912 16.209 126.235 19.650
202003 13.371 124.705 16.409
202006 9.714 127.000 11.705
202009 14.803 130.118 17.410
202012 14.134 130.889 16.525
202103 16.453 131.771 19.108
202106 9.813 134.084 11.200
202109 20.518 135.847 23.114
202112 21.472 138.161 23.784
202203 19.873 138.822 21.908
202206 19.398 142.347 20.854
202209 26.959 144.661 28.519
202212 25.207 145.763 26.465
202303 20.271 146.865 21.123
202306 19.144 150.280 19.495
202309 22.965 151.492 23.199
202312 18.281 152.924 18.294
202403 23.847 153.035 23.847

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


National Fittings  (BOM:531289) 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.

National Fittings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=111.00/87.55
=1.27

* 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 National Fittings was 2.16. The lowest was 0.35. And the median was 0.77.


Be Aware

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


National Fittings Cyclically Adjusted Revenue per Share Related Terms

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


National Fittings (BOM:531289) Business Description

Industry
Traded in Other Exchanges
N/A
Address
SF No.112, Madhapur Road, Kaniyur villlage, Sulur Taluk, Karumathampatti Via, Coimbatore, TN, IND, 641 659
National Fittings Ltd is a manufacturer of piping components for various industries. The company manufactures and sells SG Iron Grooved and Screwed Pipe Fittings, Stainless Pipe Fittings, and Ball Valves for industrial and non-industrial applications. Geographically the company generate the majority of its revenue from export.

National Fittings (BOM:531289) Headlines

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