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JTL Industries (BOM:534600) Cyclically Adjusted Revenue per Share : ₹50.62 (As of Mar. 2024)


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What is JTL Industries 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.

JTL Industries's adjusted revenue per share for the three months ended in Mar. 2024 was ₹26.952. 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 ₹50.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JTL Industries's average Cyclically Adjusted Revenue Growth Rate was 22.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 33.40% 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 JTL Industries was 33.40% per year. The lowest was 33.40% per year. And the median was 33.40% per year.

As of today (2024-05-17), JTL Industries's current stock price is ₹214.90. JTL Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹50.62. JTL Industries's Cyclically Adjusted PS Ratio of today is 4.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of JTL Industries was 5.57. The lowest was 0.62. And the median was 3.98.


JTL Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for JTL Industries'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.

JTL Industries Cyclically Adjusted Revenue per Share Chart

JTL Industries 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 - 21.34 30.82 41.49 50.62

JTL Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 38.87 41.49 45.15 48.26 50.62

Competitive Comparison of JTL Industries's Cyclically Adjusted Revenue per Share

For the Steel subindustry, JTL Industries'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.


JTL Industries's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, JTL Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



JTL Industries 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, JTL Industries'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)
=26.952/153.0345*153.0345
=26.952

Current CPI (Mar. 2024) = 153.0345.

JTL Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.733 91.425 4.575
201406 3.014 94.103 4.902
201409 3.858 96.780 6.100
201412 2.350 96.780 3.716
201503 2.663 97.163 4.194
201506 1.973 99.841 3.024
201509 3.330 101.753 5.008
201512 2.405 102.901 3.577
201603 1.616 102.518 2.412
201606 2.914 105.961 4.209
201609 3.676 105.961 5.309
201612 1.778 105.196 2.587
201703 2.931 105.196 4.264
201706 2.497 107.109 3.568
201709 3.835 109.021 5.383
201712 7.129 109.404 9.972
201803 6.321 109.786 8.811
201806 6.133 111.317 8.431
201809 7.129 115.142 9.475
201812 11.875 115.142 15.783
201903 7.027 118.202 9.098
201906 4.287 120.880 5.427
201909 4.501 123.175 5.592
201912 6.483 126.235 7.859
202003 6.216 124.705 7.628
202006 4.781 127.000 5.761
202009 7.531 130.118 8.857
202012 9.560 130.889 11.177
202103 19.170 131.771 22.263
202106 17.010 134.084 19.414
202109 24.782 135.847 27.917
202112 19.636 138.161 21.750
202203 40.138 138.822 44.247
202206 19.606 142.347 21.078
202209 28.885 144.661 30.557
202212 25.960 145.763 27.255
202303 28.018 146.865 29.195
202309 27.521 151.492 27.801
202312 31.018 152.924 31.040
202403 26.952 153.035 26.952

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


JTL Industries  (BOM:534600) 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.

JTL Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=214.90/50.62
=4.25

* 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 JTL Industries was 5.57. The lowest was 0.62. And the median was 3.98.


Be Aware

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


JTL Industries Cyclically Adjusted Revenue per Share Related Terms

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


JTL Industries (BOM:534600) Business Description

Industry
Traded in Other Exchanges
Address
SCO 18-19, Sector 28-C, Chandigarh, PB, IND, 160 002
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. Company has single reportable business segment i.e. manufacturing of iron/steel tubes, pipes and structures. The Company has a pan-India presence and is globally present in serving continents such as Europe, Africa, Asia, Australia and North America.

JTL Industries (BOM:534600) Headlines

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