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HCL Technologies (BOM:532281) Cyclically Adjusted Revenue per Share : ₹316.86 (As of Jun. 2024)


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What is HCL Technologies 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.

HCL Technologies's adjusted revenue per share for the three months ended in Jun. 2024 was ₹103.410. 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 ₹316.86 for the trailing ten years ended in Jun. 2024.

During the past 12 months, HCL Technologies's average Cyclically Adjusted Revenue Growth Rate was 9.90% 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.

As of today (2024-09-21), HCL Technologies's current stock price is ₹1759.05. HCL Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₹316.86. HCL Technologies's Cyclically Adjusted PS Ratio of today is 5.55.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of HCL Technologies was 5.77. The lowest was 3.39. And the median was 4.34.


HCL Technologies Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for HCL Technologies'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.

HCL Technologies Cyclically Adjusted Revenue per Share Chart

HCL Technologies Annual Data
Trend Jun14 Jun15 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 - - 251.35 279.18 305.62

HCL Technologies 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 288.25 293.71 299.39 305.62 316.86

Competitive Comparison of HCL Technologies's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, HCL Technologies'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.


HCL Technologies's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, HCL Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



HCL Technologies 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, HCL Technologies'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)
=103.41/155.7889*155.7889
=103.410

Current CPI (Jun. 2024) = 155.7889.

HCL Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 94.103 0.000
201409 31.138 96.780 50.123
201412 32.918 96.780 52.989
201506 0.000 99.841 0.000
201509 35.692 101.753 54.646
201512 36.613 102.901 55.431
201603 37.898 102.518 57.591
201606 40.128 105.961 58.998
201609 40.777 105.961 59.952
201612 41.824 105.196 61.939
201703 45.166 105.196 66.888
201706 42.337 107.109 61.579
201709 44.561 109.021 63.677
201712 45.958 109.404 65.443
201803 47.347 109.786 67.186
201806 49.809 111.317 69.708
201809 53.218 115.142 72.005
201812 57.689 115.142 78.054
201903 56.237 118.202 74.120
201906 60.399 120.880 77.842
201909 64.595 123.175 81.698
201912 66.828 126.235 82.473
202003 68.494 124.705 85.567
202006 65.748 127.000 80.652
202009 68.520 130.118 82.038
202012 71.129 130.889 84.660
202103 72.378 131.771 85.571
202106 73.952 134.084 85.923
202109 76.117 135.847 87.291
202112 81.690 138.161 92.113
202203 82.973 138.822 93.114
202206 86.623 142.347 94.803
202209 91.131 144.661 98.141
202212 98.495 145.763 105.270
202303 98.100 146.865 104.061
202306 96.954 150.280 100.508
202309 98.350 151.492 101.140
202312 104.825 152.924 106.789
202403 104.873 153.035 106.761
202406 103.410 155.789 103.410

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


HCL Technologies  (BOM:532281) 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.

HCL Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1759.05/316.86
=5.55

* 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 HCL Technologies was 5.77. The lowest was 3.39. And the median was 4.34.


Be Aware

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


HCL Technologies Cyclically Adjusted Revenue per Share Related Terms

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


HCL Technologies Business Description

Industry
Traded in Other Exchanges
Address
Technology Hub, Special Economic Zone, Plot No. 3A, Sector 126, Noida, UP, IND, 201 304
HCL Technologies Ltd provides enterprises with IT solutions in India. It focuses on offering Digital, Internet of Things Services, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering Services to solve business problems for clients. While the company is based in India, it has international clients in a large number of countries. It offers solutions to a variety of industries including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments IT and Business Services, Engineering and R&D Services, and Products and Platforms. The firm emphasizes consultation services for firms, with the goal to offer them digital and design solutions. Most of the firm's revenue comes from IT and Business Services segment.

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