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Fortis Healthcare (BOM:532843) Cyclically Adjusted Revenue per Share : ₹101.48 (As of Sep. 2024)


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What is Fortis Healthcare 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.

Fortis Healthcare's adjusted revenue per share for the three months ended in Sep. 2024 was ₹26.368. 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 ₹101.48 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Fortis Healthcare's average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.40% 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 Fortis Healthcare was -0.20% per year. The lowest was -0.70% per year. And the median was -0.70% per year.

As of today (2025-01-19), Fortis Healthcare's current stock price is ₹644.60. Fortis Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ₹101.48. Fortis Healthcare's Cyclically Adjusted PS Ratio of today is 6.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fortis Healthcare was 7.22. The lowest was 1.12. And the median was 2.61.


Fortis Healthcare Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fortis Healthcare'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.

Fortis Healthcare Cyclically Adjusted Revenue per Share Chart

Fortis Healthcare 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 101.94 102.50 101.27 99.87 100.42

Fortis Healthcare 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 97.40 96.91 100.42 101.08 101.48

Competitive Comparison of Fortis Healthcare's Cyclically Adjusted Revenue per Share

For the Medical Care Facilities subindustry, Fortis Healthcare'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.


Fortis Healthcare's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fortis Healthcare's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fortis Healthcare 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, Fortis Healthcare'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)
=26.368/157.8822*157.8822
=26.368

Current CPI (Sep. 2024) = 157.8822.

Fortis Healthcare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 21.798 96.780 35.560
201503 16.149 97.163 26.241
201506 20.686 99.841 32.712
201509 19.523 101.753 30.292
201512 21.876 102.901 33.565
201603 22.714 102.518 34.980
201606 24.253 105.961 36.137
201609 20.958 105.961 31.227
201612 22.697 105.196 34.065
201703 22.251 105.196 33.395
201706 21.864 107.109 32.228
201709 23.038 109.021 33.363
201712 21.645 109.404 31.236
201803 19.145 109.786 27.532
201806 20.034 111.317 28.415
201809 21.947 115.142 30.094
201812 17.131 115.142 23.490
201903 14.635 118.202 19.548
201906 15.108 120.880 19.733
201909 16.056 123.175 20.580
201912 15.465 126.235 19.342
202003 12.994 124.705 16.451
202006 8.026 127.000 9.978
202009 12.720 130.118 15.434
202012 15.746 130.889 18.993
202103 15.579 131.771 18.666
202106 18.676 134.084 21.991
202109 19.435 135.847 22.587
202112 19.473 138.161 22.253
202203 17.230 138.822 19.596
202206 19.716 142.347 21.868
202209 21.312 144.661 23.260
202212 20.708 145.763 22.430
202303 20.665 146.865 22.215
202306 21.949 150.280 23.059
202309 23.434 151.492 24.422
202312 22.201 152.924 22.921
202403 22.830 153.035 23.553
202406 24.642 155.789 24.973
202409 26.368 157.882 26.368

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


Fortis Healthcare  (BOM:532843) 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.

Fortis Healthcare's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=644.60/101.48
=6.35

* 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 Fortis Healthcare was 7.22. The lowest was 1.12. And the median was 2.61.


Be Aware

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


Fortis Healthcare Cyclically Adjusted Revenue per Share Related Terms

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


Fortis Healthcare Business Description

Traded in Other Exchanges
Address
Block - F, South City 1, Sector - 41, Tower-A, Unitech Business Park, Gurgaon, HR, IND, 122001
Fortis Healthcare Ltd provides integrated healthcare delivery services in India. The company manages healthcare centers including hospitals, diagnostics, and day care specialty facilities. The company's key specialty in its hospital business is cardiac sciences. It is predominantly engaged in the business of healthcare services which is the only reportable segment. The company's key hospitals include Fortis Escorts Heart Institute in Dehli, Fortis Mulund in Mumbai, and Fortis Hospital in Bengaluru. A majority of the company's revenue is derived from India.

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