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Techno Electric & Engineering Co (BOM:542141) Cyclically Adjusted Revenue per Share : ₹120.68 (As of Dec. 2023)


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What is Techno Electric & Engineering Co 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.

Techno Electric & Engineering Co's adjusted revenue per share for the three months ended in Dec. 2023 was ₹30.316. 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 ₹120.68 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Techno Electric & Engineering Co's average Cyclically Adjusted Revenue Growth Rate was 8.30% 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.

As of today (2024-05-21), Techno Electric & Engineering Co's current stock price is ₹1115.15. Techno Electric & Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹120.68. Techno Electric & Engineering Co's Cyclically Adjusted PS Ratio of today is 9.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Techno Electric & Engineering Co was 9.24. The lowest was 2.14. And the median was 3.09.


Techno Electric & Engineering Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Techno Electric & Engineering Co'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.

Techno Electric & Engineering Co Cyclically Adjusted Revenue per Share Chart

Techno Electric & Engineering Co 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 - - - 109.78 113.14

Techno Electric & Engineering Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 111.68 113.14 115.86 118.66 120.68

Competitive Comparison of Techno Electric & Engineering Co's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, Techno Electric & Engineering Co'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.


Techno Electric & Engineering Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Techno Electric & Engineering Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Techno Electric & Engineering Co's Cyclically Adjusted PS Ratio falls into.



Techno Electric & Engineering Co 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, Techno Electric & Engineering Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=30.316/152.9243*152.9243
=30.316

Current CPI (Dec. 2023) = 152.9243.

Techno Electric & Engineering Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 19.365 91.425 32.391
201406 15.823 94.103 25.714
201409 17.850 96.780 28.205
201412 15.797 96.780 24.961
201503 19.356 97.163 30.464
201506 17.501 99.841 26.806
201509 21.766 101.753 32.712
201512 27.687 102.901 41.147
201603 27.704 102.518 41.325
201606 23.762 105.961 34.294
201609 32.129 105.961 46.369
201612 31.194 105.196 45.347
201703 32.107 105.196 46.674
201706 36.575 107.109 52.220
201709 22.503 109.021 31.565
201712 26.790 109.404 37.447
201803 27.957 109.786 38.942
201806 26.827 111.317 36.854
201809 20.353 115.142 27.032
201812 23.903 115.142 31.746
201903 16.643 118.202 21.532
201906 21.488 120.880 27.184
201909 23.938 123.175 29.720
201912 23.713 126.235 28.726
202003 10.402 124.705 12.756
202006 15.452 127.000 18.606
202009 23.360 130.118 27.454
202012 22.495 130.889 26.282
202103 19.537 131.771 22.673
202106 17.220 134.084 19.640
202109 24.886 135.847 28.014
202112 27.043 138.161 29.933
202203 20.255 138.822 22.313
202206 13.218 142.347 14.200
202209 16.902 144.661 17.867
202212 16.986 145.763 17.821
202303 29.081 146.865 30.281
202306 25.480 150.280 25.928
202309 42.922 151.492 43.328
202312 30.316 152.924 30.316

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


Techno Electric & Engineering Co  (BOM:542141) 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.

Techno Electric & Engineering Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1115.15/120.68
=9.24

* 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 Techno Electric & Engineering Co was 9.24. The lowest was 2.14. And the median was 3.09.


Be Aware

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


Techno Electric & Engineering Co Cyclically Adjusted Revenue per Share Related Terms

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


Techno Electric & Engineering Co (BOM:542141) Business Description

Traded in Other Exchanges
Address
71 Park Street, South Block, 1B and C Park Plaza, Kolkata, WB, IND, 700016
Techno Electric & Engineering Co Ltd provides engineering, procurement, and construction services to the power sector including generation, transmission, and distribution. Its segments construction, and others. The engineering, procurement and construction business provides solutions to several installed thermal and interregional transmission capacity in India. The company's source of revenue generation is by providing EPC services to the Transmission and Distribution Sector. It is also engaged in generation of wind power through Wind Turbine Generators in the states of Tamil Nadu & Karnataka.

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