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Arihant Institute (BOM:541401) Cyclically Adjusted Revenue per Share : ₹3.70 (As of Sep. 2023)


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What is Arihant Institute 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.

Arihant Institute's adjusted revenue per share data for the fiscal year that ended in Mar. 2023 was ₹9.468. 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 ₹3.70 for the trailing ten years ended in Mar. 2023.

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 (2024-06-09), Arihant Institute's current stock price is ₹ 1.56. Arihant Institute's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar. 2023 was ₹3.70. Arihant Institute's Cyclically Adjusted PS Ratio of today is 0.42.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Arihant Institute was 0.42. The lowest was 0.38. And the median was 0.42.


Arihant Institute Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Arihant Institute'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.

Arihant Institute Cyclically Adjusted Revenue per Share Chart

Arihant Institute Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.09 3.70

Arihant Institute Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 4.09 - 3.70 -

Competitive Comparison of Arihant Institute's Cyclically Adjusted Revenue per Share

For the Education & Training Services subindustry, Arihant Institute'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.


Arihant Institute's Cyclically Adjusted PS Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Arihant Institute's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Arihant Institute 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, Arihant Institute's adjusted Revenue per Share data for the fiscal year that ended in Mar. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=9.468/146.8646*146.8646
=9.468

Current CPI (Mar. 2023) = 146.8646.

Arihant Institute Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.486 91.425 10.419
201503 4.099 97.163 6.196
201603 1.777 102.518 2.546
201703 1.799 105.196 2.512
201803 1.936 109.786 2.590
201903 1.981 118.202 2.461
202003 0.603 124.705 0.710
202103 0.033 131.771 0.037
202203 0.016 138.822 0.017
202303 9.468 146.865 9.468

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


Arihant Institute  (BOM:541401) 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.

Arihant Institute's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.56/3.7
=0.42

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Arihant Institute was 0.42. The lowest was 0.38. And the median was 0.42.


Be Aware

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


Arihant Institute Cyclically Adjusted Revenue per Share Related Terms

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


Arihant Institute (BOM:541401) Business Description

Industry
Traded in Other Exchanges
N/A
Address
201,202, Ratna High Street, Near Naranpura Crossroad, 2nd Floor, Naranpura, Ahmedabad, GJ, IND, 380 013
Arihant Institute Ltd is engaged in providing coaching and educational guidance for students appearing for professional courses such as Company Secretary, Chartered Accountant, and CMA, among others. It provides coaching and guidance from entry-level test exams till the final exam and covers all the subjects in depth with the test series. The company operates the educational program and coaching under the brand name Arihant Institute. It generates its revenue in the form of income from Education, E-learning, E-library, Online study materials, and others.

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