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Adani Power (BOM:533096) Cyclically Adjusted Revenue per Share : ₹96.87 (As of Mar. 2024)


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What is Adani Power 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.

Adani Power's adjusted revenue per share for the three months ended in Mar. 2024 was ₹32.783. 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 ₹96.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Adani Power's average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.20% 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 Adani Power was 10.20% per year. The lowest was 9.30% per year. And the median was 9.75% per year.

As of today (2024-05-16), Adani Power's current stock price is ₹639.80. Adani Power's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹96.87. Adani Power's Cyclically Adjusted PS Ratio of today is 6.60.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Adani Power was 6.47. The lowest was 0.39. And the median was 2.05.


Adani Power Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Adani Power'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.

Adani Power Cyclically Adjusted Revenue per Share Chart

Adani Power 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 68.70 72.40 80.07 89.73 96.87

Adani Power 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 89.73 92.90 95.13 96.93 96.87

Competitive Comparison of Adani Power's Cyclically Adjusted Revenue per Share

For the Utilities - Independent Power Producers subindustry, Adani Power'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.


Adani Power's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Adani Power's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Adani Power 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, Adani Power'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)
=32.783/153.2548*153.2548
=32.783

Current CPI (Mar. 2024) = 153.2548.

Adani Power Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.240 94.103 29.706
201409 14.412 96.780 22.822
201412 19.104 96.780 30.252
201503 13.814 97.163 21.789
201506 20.364 99.841 31.259
201509 19.582 101.753 29.493
201512 20.898 102.901 31.124
201603 24.169 102.518 36.130
201606 16.207 105.961 23.441
201609 16.388 105.961 23.702
201612 15.614 105.196 22.747
201703 17.377 105.196 25.316
201706 14.322 107.109 20.492
201709 15.938 109.021 22.405
201712 12.574 109.404 17.614
201803 10.229 109.786 14.279
201806 9.734 111.317 13.401
201809 18.362 115.142 24.440
201812 18.155 115.142 24.164
201903 14.284 118.202 18.520
201906 20.236 120.880 25.656
201909 15.338 123.175 19.084
201912 21.905 126.235 26.594
202003 16.003 124.705 19.667
202006 18.148 127.000 21.900
202009 17.042 130.118 20.072
202012 17.876 130.889 20.931
202103 16.525 131.771 19.219
202106 17.031 134.084 19.466
202109 13.440 135.847 15.162
202112 13.899 138.161 15.417
202203 27.477 138.822 30.334
202206 33.246 142.347 35.793
202209 18.263 144.661 19.348
202212 20.131 145.763 21.166
202303 29.492 146.865 30.775
202306 27.516 150.280 28.061
202309 32.466 151.492 32.844
202312 31.364 153.255 31.364
202403 32.783 153.255 32.783

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


Adani Power  (BOM:533096) 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.

Adani Power's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=639.80/96.87
=6.60

* 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 Adani Power was 6.47. The lowest was 0.39. And the median was 2.05.


Be Aware

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


Adani Power Cyclically Adjusted Revenue per Share Related Terms

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


Adani Power (BOM:533096) Business Description

Traded in Other Exchanges
Address
Shantigram, Near Vaishnodevi Circle, S G Highway, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Power Ltd is an electric utility company that produces and transmits energy from its portfolio of power plants located throughout India. The company produces its energy using thermal fuel sources, such as coal but also owns facilities that utilize solar and steam generation. Adani Power generates the vast majority of its revenue through the sale of electricity to state distribution companies and the transmission of energy to the state and central utilities. The company's electricity sales are structured through long-term agreements. Adani Power is India's private power producer, owns the world's private coal-based power plant, and is a part of the conglomerate that is India's coal importer.

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