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Bharat Rasayan (BOM:590021) Cyclically Adjusted Revenue per Share : ₹2,591.58 (As of Sep. 2023)


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What is Bharat Rasayan 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.

Bharat Rasayan's adjusted revenue per share for the three months ended in Sep. 2023 was ₹632.659. 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 ₹2,591.58 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Bharat Rasayan's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 (2024-06-20), Bharat Rasayan's current stock price is ₹11634.20. Bharat Rasayan's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was ₹2,591.58. Bharat Rasayan's Cyclically Adjusted PS Ratio of today is 4.49.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bharat Rasayan was 6.66. The lowest was 3.26. And the median was 3.96.


Bharat Rasayan Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Bharat Rasayan'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.

Bharat Rasayan Cyclically Adjusted Revenue per Share Chart

Bharat Rasayan 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 - - 2,118.74 2,464.72 -

Bharat Rasayan Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2,392.72 2,464.72 2,550.05 2,591.58 -

Competitive Comparison of Bharat Rasayan's Cyclically Adjusted Revenue per Share

For the Agricultural Inputs subindustry, Bharat Rasayan'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.


Bharat Rasayan's Cyclically Adjusted PS Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bharat Rasayan's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Bharat Rasayan 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, Bharat Rasayan's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=632.659/151.4920*151.4920
=632.659

Current CPI (Sep. 2023) = 151.4920.

Bharat Rasayan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 212.118 91.425 351.482
201403 208.886 91.425 346.126
201406 277.142 94.103 446.160
201409 310.355 96.780 485.804
201412 220.574 96.780 345.268
201503 224.661 97.163 350.281
201506 270.322 99.841 410.170
201509 338.606 101.753 504.122
201512 229.637 102.901 338.074
201603 233.663 102.518 345.285
201606 393.008 105.961 561.881
201609 450.814 105.961 644.526
201612 306.379 105.196 441.214
201703 311.862 105.196 449.110
201706 398.187 107.109 563.186
201709 574.394 109.021 798.156
201712 444.010 109.404 614.822
201803 455.260 109.786 628.204
201806 576.889 111.317 785.095
201809 671.382 115.142 883.336
201812 446.129 115.142 586.971
201903 619.165 118.202 793.544
201906 834.126 120.880 1,045.364
201909 860.579 123.175 1,058.420
201912 527.283 126.235 632.780
202003 637.750 124.705 774.740
202006 662.956 127.000 790.805
202009 749.494 130.118 872.611
202012 522.570 130.889 604.826
202103 607.459 131.771 698.375
202106 606.017 134.084 684.695
202109 647.726 135.847 722.322
202112 807.316 138.161 885.215
202203 1,056.608 138.822 1,153.044
202206 787.966 142.347 838.586
202209 702.214 144.661 735.373
202212 744.380 145.763 773.638
202303 736.173 146.865 759.368
202306 575.553 150.280 580.194
202309 632.659 151.492 632.659

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


Bharat Rasayan  (BOM:590021) 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.

Bharat Rasayan's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11634.20/2591.58
=4.49

* 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 Bharat Rasayan was 6.66. The lowest was 3.26. And the median was 3.96.


Be Aware

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


Bharat Rasayan Cyclically Adjusted Revenue per Share Related Terms

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


Bharat Rasayan (BOM:590021) Business Description

Industry
Traded in Other Exchanges
Address
1501, Vikram Tower, Rajendra Place, New Delhi, IND, 110008
Bharat Rasayan Ltd is engaged in the business of agrochemicals. The company is the manufacturer and exporter of pesticides, technical formulation, and intermediaries. The Company operates only in one business segment which is pesticides. Its product categories include Insecticides; Herbicides; Fungicides and Plant Growth Regulator.

Bharat Rasayan (BOM:590021) Headlines

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