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Minaxi Textiles (BOM:531456) Cyclically Adjusted Revenue per Share : ₹11.41 (As of Jun. 2024)


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What is Minaxi Textiles 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.

Minaxi Textiles's adjusted revenue per share for the three months ended in Jun. 2024 was ₹1.782. 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 ₹11.41 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Minaxi Textiles's average Cyclically Adjusted Revenue Growth Rate was -8.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.90% 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 Minaxi Textiles was -2.90% per year. The lowest was -2.90% per year. And the median was -2.90% per year.

As of today (2024-09-27), Minaxi Textiles's current stock price is ₹2.26. Minaxi Textiles's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₹11.41. Minaxi Textiles's Cyclically Adjusted PS Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Minaxi Textiles was 0.39. The lowest was 0.04. And the median was 0.14.


Minaxi Textiles Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Minaxi Textiles'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.

Minaxi Textiles Cyclically Adjusted Revenue per Share Chart

Minaxi Textiles 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 - 12.41 12.59 12.31 11.35

Minaxi Textiles Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 12.41 12.27 11.64 11.35 11.41

Competitive Comparison of Minaxi Textiles's Cyclically Adjusted Revenue per Share

For the Textile Manufacturing subindustry, Minaxi Textiles'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.


Minaxi Textiles's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Minaxi Textiles 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, Minaxi Textiles's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.782/155.7889*155.7889
=1.782

Current CPI (Jun. 2024) = 155.7889.

Minaxi Textiles Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 2.794 96.780 4.498
201412 4.107 96.780 6.611
201503 3.923 97.163 6.290
201506 3.063 99.841 4.779
201509 2.474 101.753 3.788
201512 2.096 102.901 3.173
201603 3.740 102.518 5.683
201606 2.819 105.961 4.145
201609 2.262 105.961 3.326
201612 2.332 105.196 3.454
201703 4.284 105.196 6.344
201706 2.915 107.109 4.240
201709 2.870 109.021 4.101
201712 3.035 109.404 4.322
201803 2.493 109.786 3.538
201806 2.938 111.317 4.112
201809 3.722 115.142 5.036
201812 1.901 115.142 2.572
201903 2.071 118.202 2.730
201906 1.679 120.880 2.164
201909 0.337 123.175 0.426
201912 0.149 126.235 0.184
202003 0.480 124.705 0.600
202006 0.000 127.000 0.000
202009 0.194 130.118 0.232
202012 1.145 130.889 1.363
202103 1.633 131.771 1.931
202106 0.745 134.084 0.866
202109 1.268 135.847 1.454
202112 2.119 138.161 2.389
202203 2.029 138.822 2.277
202206 2.082 142.347 2.279
202209 1.257 144.661 1.354
202212 1.205 145.763 1.288
202303 0.937 146.865 0.994
202306 2.001 150.280 2.074
202309 1.741 151.492 1.790
202312 1.545 152.924 1.574
202403 1.492 153.035 1.519
202406 1.782 155.789 1.782

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


Minaxi Textiles  (BOM:531456) 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.

Minaxi Textiles's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.26/11.41
=0.20

* 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 Minaxi Textiles was 0.39. The lowest was 0.04. And the median was 0.14.


Be Aware

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


Minaxi Textiles Cyclically Adjusted Revenue per Share Related Terms

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


Minaxi Textiles Business Description

Traded in Other Exchanges
N/A
Address
Plot Number 3311, GIDC, Phase-IV, Chhatral, Taluka-Kalol, Gandhinagar, GJ, IND, 382729
Minaxi Textiles Ltd is an integrated textile solutions enterprise. The company is engaged in weaving and manufacturing of cotton and cotton mixture fabrics. In addition, the company supplies uniforms to government and semi-government departments. The company deals in suiting products having a specialty in fancy suiting fabrics. Its products include suiting lycra fabric, cotton quilts, broken twill fabric, and satin fabric.

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