GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PNB Gilts Ltd (BOM:532366) » Definitions » Cyclically Adjusted Revenue per Share

PNB Gilts (BOM:532366) Cyclically Adjusted Revenue per Share : ₹48.96 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is PNB Gilts 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.

PNB Gilts's adjusted revenue per share for the three months ended in Mar. 2024 was ₹28.055. 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 ₹48.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PNB Gilts's average Cyclically Adjusted Revenue Growth Rate was 19.80% 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.

As of today (2024-06-20), PNB Gilts's current stock price is ₹110.25. PNB Gilts's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹48.96. PNB Gilts's Cyclically Adjusted PS Ratio of today is 2.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PNB Gilts was 2.60. The lowest was 1.40. And the median was 1.73.


PNB Gilts Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PNB Gilts'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.

PNB Gilts Cyclically Adjusted Revenue per Share Chart

PNB Gilts 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 - - 36.29 40.87 48.96

PNB Gilts 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 40.87 43.74 45.17 46.85 48.96

Competitive Comparison of PNB Gilts's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, PNB Gilts'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.


PNB Gilts's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PNB Gilts's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PNB Gilts 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, PNB Gilts'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)
=28.055/153.0345*153.0345
=28.055

Current CPI (Mar. 2024) = 153.0345.

PNB Gilts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.780 94.103 9.400
201409 4.860 96.780 7.685
201412 6.819 96.780 10.783
201503 5.239 97.163 8.252
201506 3.937 99.841 6.035
201509 5.754 101.753 8.654
201512 5.031 102.901 7.482
201603 4.338 102.518 6.476
201606 5.464 105.961 7.891
201609 9.751 105.961 14.083
201612 9.236 105.196 13.436
201703 3.349 105.196 4.872
201706 6.560 107.109 9.373
201709 6.009 109.021 8.435
201712 1.888 109.404 2.641
201803 5.789 109.786 8.069
201806 2.308 111.317 3.173
201809 6.510 115.142 8.652
201812 11.214 115.142 14.904
201903 4.057 118.202 5.253
201906 10.756 120.880 13.617
201909 10.928 123.175 13.577
201912 12.037 126.235 14.592
202003 12.630 124.705 15.499
202006 27.302 127.000 32.899
202009 8.046 130.118 9.463
202012 17.940 130.889 20.975
202103 5.774 131.771 6.706
202106 9.995 134.084 11.408
202109 13.390 135.847 15.084
202112 7.174 138.161 7.946
202203 16.352 138.822 18.026
202206 4.595 142.347 4.940
202209 14.835 144.661 15.694
202212 15.328 145.763 16.093
202303 16.890 146.865 17.600
202306 24.643 150.280 25.095
202309 16.296 151.492 16.462
202312 20.330 152.924 20.345
202403 28.055 153.035 28.055

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


PNB Gilts  (BOM:532366) 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.

PNB Gilts's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=110.25/48.96
=2.25

* 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 PNB Gilts was 2.60. The lowest was 1.40. And the median was 1.73.


Be Aware

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


PNB Gilts Cyclically Adjusted Revenue per Share Related Terms

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


PNB Gilts (BOM:532366) Business Description

Industry
Traded in Other Exchanges
Address
5, Sansad Marg, New Delhi, IND, 110001
PNB Gilts Ltd is engaged in the business of dealing with government securities. The company offers Treasury-Bills/Commercial paper/ Certificates of deposit, Corporate bonds, and debentures, Government securities, Derivatives, Fixed deposits, and Mutual funds. Its primary activities include supporting government borrowing programs through the underwriting of government securities issuances and trading in a gamut of fixed-income instruments, such as government securities, treasury bills, state development loans, corporate bonds, interest rate swaps, and various money market instruments, such as certificates of deposits and commercial papers. In addition, it offers Gilts accounts.

PNB Gilts (BOM:532366) Headlines

No Headlines