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Reliance Communications (BOM:532712) Cyclically Adjusted Revenue per Share : ₹38.74 (As of Jun. 2024)


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What is Reliance Communications 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.

Reliance Communications's adjusted revenue per share for the three months ended in Jun. 2024 was ₹0.353. 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 ₹38.74 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Reliance Communications's average Cyclically Adjusted Revenue Growth Rate was -28.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -15.40% 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 Reliance Communications was -15.40% per year. The lowest was -15.40% per year. And the median was -15.40% per year.

As of today (2024-09-25), Reliance Communications's current stock price is ₹2.02. Reliance Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₹38.74. Reliance Communications's Cyclically Adjusted PS Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Reliance Communications was 0.07. The lowest was 0.02. And the median was 0.04.


Reliance Communications Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Reliance Communications'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.

Reliance Communications Cyclically Adjusted Revenue per Share Chart

Reliance Communications 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 - 69.63 65.85 57.06 42.19

Reliance Communications 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 54.05 50.27 46.71 42.19 38.74

Competitive Comparison of Reliance Communications's Cyclically Adjusted Revenue per Share

For the Telecom Services subindustry, Reliance Communications'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.


Reliance Communications's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Reliance Communications's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Reliance Communications 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, Reliance Communications'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)
=0.353/155.7889*155.7889
=0.353

Current CPI (Jun. 2024) = 155.7889.

Reliance Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 20.963 96.780 33.744
201412 22.929 96.780 36.909
201503 24.530 97.163 39.331
201506 22.380 99.841 34.921
201509 21.068 101.753 32.256
201512 21.819 102.901 33.033
201603 23.359 102.518 35.497
201606 21.426 105.961 31.501
201609 19.615 105.961 28.839
201612 6.782 105.196 10.044
201703 6.387 105.196 9.459
201706 5.542 107.109 8.061
201709 4.587 109.021 6.555
201712 4.312 109.404 6.140
201803 3.432 109.786 4.870
201806 3.677 111.317 5.146
201809 3.562 115.142 4.819
201812 3.911 115.142 5.292
201903 3.476 118.202 4.581
201906 3.143 120.880 4.051
201909 1.101 123.175 1.393
201912 0.951 126.235 1.174
202003 0.937 124.705 1.171
202006 0.771 127.000 0.946
202009 0.133 130.118 0.159
202012 0.634 130.889 0.755
202103 0.645 131.771 0.763
202106 0.543 134.084 0.631
202109 0.492 135.847 0.564
202112 0.532 138.161 0.600
202203 0.455 138.822 0.511
202206 0.455 142.347 0.498
202209 0.448 144.661 0.482
202212 0.437 145.763 0.467
202303 0.404 146.865 0.429
202306 0.364 150.280 0.377
202309 0.353 151.492 0.363
202312 0.343 152.924 0.349
202403 0.339 153.035 0.345
202406 0.353 155.789 0.353

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


Reliance Communications  (BOM:532712) 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.

Reliance Communications's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.02/38.74
=0.05

* 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 Reliance Communications was 0.07. The lowest was 0.02. And the median was 0.04.


Be Aware

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


Reliance Communications Cyclically Adjusted Revenue per Share Related Terms

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


Reliance Communications Business Description

Traded in Other Exchanges
Address
H Block, 1st Floor, Thane Belapur Road, Dhirubhai Ambani Knowledge City, Koparkhairane, Navi Mumbai, MH, IND, 400 710
Reliance Communications Ltd is a triple-play telecommunications company that provides mobile, voice, and broadband services in two segments: India Operations and global Operations. The India Operations segment accounts for the majority of overall company revenue and includes wireless, mobile, and satellite TV services to Indian retail customers as well as voice, broadband access services to enterprises. The global Operations segment offers international data and network services, enterprise services, and data services to global customers. These services are offered over the group's owned submarine cable infrastructure and Indian fiber network. Additionally, Reliance Communications owns mobile phone tower infrastructure.

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