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Noor Financial Investment Co (KUW:NOOR) Cyclically Adjusted Revenue per Share : KWD0.04 (As of Mar. 2024)


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What is Noor Financial Investment 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.

Noor Financial Investment Co's adjusted revenue per share for the three months ended in Mar. 2024 was KWD0.008. 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 KWD0.04 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% 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 Noor Financial Investment Co was 10.10% per year. The lowest was 10.10% per year. And the median was 10.10% per year.

As of today (2024-06-19), Noor Financial Investment Co's current stock price is KWD0.257. Noor Financial Investment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was KWD0.04. Noor Financial Investment Co's Cyclically Adjusted PS Ratio of today is 6.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Noor Financial Investment Co was 7.52. The lowest was 2.30. And the median was 4.69.


Noor Financial Investment Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Noor Financial Investment 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.

Noor Financial Investment Co Cyclically Adjusted Revenue per Share Chart

Noor Financial Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.04 0.04 0.04

Noor Financial Investment Co 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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Noor Financial Investment Co's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Noor Financial Investment 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.


Noor Financial Investment Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Noor Financial Investment Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Noor Financial Investment Co's Cyclically Adjusted PS Ratio falls into.



Noor Financial Investment 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, Noor Financial Investment Co'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)
=0.008/131.7762*131.7762
=0.008

Current CPI (Mar. 2024) = 131.7762.

Noor Financial Investment Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.011 100.560 0.014
201409 0.012 100.428 0.016
201412 0.009 99.070 0.012
201503 0.012 99.621 0.016
201506 0.013 100.684 0.017
201509 0.015 100.392 0.020
201512 0.008 99.792 0.011
201603 0.009 100.470 0.012
201606 0.010 101.688 0.013
201609 0.010 101.861 0.013
201612 0.001 101.863 0.001
201703 0.012 102.862 0.015
201706 0.011 103.349 0.014
201709 0.013 104.136 0.016
201712 0.006 104.011 0.008
201803 0.014 105.290 0.018
201806 0.008 106.317 0.010
201809 0.008 106.507 0.010
201812 0.007 105.998 0.009
201903 0.012 107.251 0.015
201906 0.010 108.070 0.012
201909 0.007 108.329 0.009
201912 0.006 108.420 0.007
202003 0.010 108.902 0.012
202006 0.007 108.767 0.008
202009 0.007 109.815 0.008
202012 0.007 109.897 0.008
202103 0.007 111.754 0.008
202106 0.008 114.631 0.009
202109 0.009 115.734 0.010
202112 0.006 117.630 0.007
202203 0.008 121.301 0.009
202206 0.010 125.017 0.011
202209 0.007 125.227 0.007
202212 0.007 125.222 0.007
202303 0.010 127.348 0.010
202306 0.008 128.729 0.008
202309 0.007 129.860 0.007
202312 0.006 129.419 0.006
202403 0.008 131.776 0.008

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


Noor Financial Investment Co  (KUW:NOOR) 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.

Noor Financial Investment Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.257/0.04
=6.43

* 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 Noor Financial Investment Co was 7.52. The lowest was 2.30. And the median was 4.69.


Be Aware

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


Noor Financial Investment Co Cyclically Adjusted Revenue per Share Related Terms

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


Noor Financial Investment Co (KUW:NOOR) Business Description

Traded in Other Exchanges
N/A
Address
Intersection of Jahra Street & Airport Road, PO Box 3311, Safat, Noor Building, Shuwaikh, Kuwait, KWT, 13034
Noor Financial Investment Co is engaged in investment activities and financial services primarily in Kuwait, the Middle East, Asia, and other emerging markets. It has a diverse portfolio of Direct Capital Market Investments, Real Estate and Alternative Investments. The company manages a proprietary listed equity portfolio comprising local, GCC and international equities. The Marketable Securities Unit continues to deploy funds in GCC and International equity markets achieving strong returns. The company operates in four segment i.e investment, Real Estate, IT services, and Hotel business.

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