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Mohit Industries (BOM:531453) Cyclically Adjusted Revenue per Share : ₹146.49 (As of Sep. 2024)


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What is Mohit Industries 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.

Mohit Industries's adjusted revenue per share for the three months ended in Sep. 2024 was ₹18.082. 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 ₹146.49 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Mohit Industries's average Cyclically Adjusted Revenue Growth Rate was -10.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.20% 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 Mohit Industries was -1.50% per year. The lowest was -3.20% per year. And the median was -2.35% per year.

As of today (2024-12-14), Mohit Industries's current stock price is ₹38.13. Mohit Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ₹146.49. Mohit Industries's Cyclically Adjusted PS Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mohit Industries was 0.24. The lowest was 0.02. And the median was 0.09.


Mohit Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mohit Industries'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.

Mohit Industries Cyclically Adjusted Revenue per Share Chart

Mohit Industries 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 171.93 169.84 168.03 164.49 153.96

Mohit Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 162.83 159.75 153.96 150.51 146.49

Competitive Comparison of Mohit Industries's Cyclically Adjusted Revenue per Share

For the Textile Manufacturing subindustry, Mohit Industries'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.


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

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

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



Mohit Industries 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, Mohit Industries's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=18.082/157.8822*157.8822
=18.082

Current CPI (Sep. 2024) = 157.8822.

Mohit Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 43.507 96.780 70.975
201503 40.143 97.163 65.229
201506 24.246 99.841 38.341
201509 0.000 101.753 0.000
201512 24.274 102.901 37.244
201603 23.800 102.518 36.653
201606 26.378 105.961 39.303
201609 28.341 105.961 42.228
201612 27.635 105.196 41.476
201703 26.352 105.196 39.550
201706 29.651 107.109 43.707
201709 27.077 109.021 39.212
201712 26.422 109.404 38.130
201803 29.645 109.786 42.632
201806 32.888 111.317 46.646
201809 34.834 115.142 47.764
201812 33.336 115.142 45.710
201903 31.376 118.202 41.909
201906 32.189 120.880 42.042
201909 30.627 123.175 39.257
201912 29.568 126.235 36.981
202003 24.522 124.705 31.046
202006 10.443 127.000 12.982
202009 25.994 130.118 31.541
202012 31.383 130.889 37.855
202103 37.024 131.771 44.361
202106 28.417 134.084 33.461
202109 31.131 135.847 36.181
202112 31.815 138.161 36.356
202203 29.808 138.822 33.901
202206 24.634 142.347 27.322
202209 33.190 144.661 36.223
202212 29.425 145.763 31.872
202303 29.310 146.865 31.509
202306 26.184 150.280 27.509
202309 27.456 151.492 28.614
202312 21.044 152.924 21.726
202403 17.010 153.035 17.549
202406 15.018 155.789 15.220
202409 18.082 157.882 18.082

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


Mohit Industries  (BOM:531453) 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.

Mohit Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=38.13/146.49
=0.26

* 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 Mohit Industries was 0.24. The lowest was 0.02. And the median was 0.09.


Be Aware

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


Mohit Industries Cyclically Adjusted Revenue per Share Related Terms

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


Mohit Industries Business Description

Traded in Other Exchanges
Address
Dumas Road, Ring Road, Rajhans Montessa, Office No. 908, 9th Floor, Magdalla, Choryasi, Surat, GJ, IND, 395007
Mohit Industries Ltd is an India-based company engaged in the manufacturing of Yarns and Textile products. The company is engaged in the manufacture of texturized yarn from partially oriented yarn (POY) and the weaving of the yarn to grey cloth. It exports DTY Yarn to South Korea, Thailand, the Czech Republic, Guatemala, Bulgaria, Indonesia, Japan, Vietnam, Malaysia, Mexico, Colombia, UK, Bangladesh, Sweden, Ethiopia, and other countries. The company generates the majority of its revenue from the sale of finished goods.

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