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Aditya Birla Fashion and Retail (NSE:ABFRL) Cyclically Adjusted Revenue per Share : ₹184.86 (As of Dec. 2023)


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What is Aditya Birla Fashion and Retail 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.

Aditya Birla Fashion and Retail's adjusted revenue per share for the three months ended in Dec. 2023 was ₹43.342. 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 ₹184.86 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Aditya Birla Fashion and Retail's average Cyclically Adjusted Revenue Growth Rate was -2.90% 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), Aditya Birla Fashion and Retail's current stock price is ₹265.00. Aditya Birla Fashion and Retail's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹184.86. Aditya Birla Fashion and Retail's Cyclically Adjusted PS Ratio of today is 1.43.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Aditya Birla Fashion and Retail was 1.78. The lowest was 1.02. And the median was 1.29.


Aditya Birla Fashion and Retail Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Aditya Birla Fashion and Retail'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.

Aditya Birla Fashion and Retail Cyclically Adjusted Revenue per Share Chart

Aditya Birla Fashion and Retail 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 - - - 192.59 188.02

Aditya Birla Fashion and Retail 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 190.82 188.02 189.64 186.08 184.86

Competitive Comparison of Aditya Birla Fashion and Retail's Cyclically Adjusted Revenue per Share

For the Apparel Manufacturing subindustry, Aditya Birla Fashion and Retail'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.


Aditya Birla Fashion and Retail's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aditya Birla Fashion and Retail's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Aditya Birla Fashion and Retail's Cyclically Adjusted PS Ratio falls into.



Aditya Birla Fashion and Retail 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, Aditya Birla Fashion and Retail'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)
=43.342/152.9243*152.9243
=43.342

Current CPI (Dec. 2023) = 152.9243.

Aditya Birla Fashion and Retail Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 42.519 91.425 71.121
201406 40.526 94.103 65.858
201409 57.819 96.780 91.361
201412 46.858 96.780 74.041
201503 47.876 97.163 75.352
201506 137.795 99.841 211.058
201509 176.045 101.753 264.577
201512 19.759 102.901 29.364
201603 18.310 102.518 27.313
201606 17.895 105.961 25.826
201609 23.910 105.961 34.507
201612 22.330 105.196 32.461
201703 20.418 105.196 29.682
201706 22.123 107.109 31.586
201709 23.216 109.021 32.565
201712 23.633 109.404 33.034
201803 22.309 109.786 31.075
201806 23.577 111.317 32.390
201809 25.468 115.142 33.825
201812 29.132 115.142 38.691
201903 23.440 118.202 30.326
201906 26.824 120.880 33.935
201909 27.474 123.175 34.110
201912 33.613 126.235 40.720
202003 22.200 124.705 27.224
202006 4.181 127.000 5.034
202009 12.802 130.118 15.046
202012 24.117 130.889 28.177
202103 20.395 131.771 23.669
202106 8.911 134.084 10.163
202109 22.452 135.847 25.274
202112 31.868 138.161 35.273
202203 24.075 138.822 26.521
202206 30.677 142.347 32.956
202209 32.577 144.661 34.438
202212 36.365 145.763 38.152
202303 29.091 146.865 30.291
202306 33.219 150.280 33.803
202309 34.166 151.492 34.489
202312 43.342 152.924 43.342

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


Aditya Birla Fashion and Retail  (NSE:ABFRL) 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.

Aditya Birla Fashion and Retail's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=265.00/184.86
=1.43

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Aditya Birla Fashion and Retail was 1.78. The lowest was 1.02. And the median was 1.29.


Be Aware

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


Aditya Birla Fashion and Retail Cyclically Adjusted Revenue per Share Related Terms

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


Aditya Birla Fashion and Retail (NSE:ABFRL) Business Description

Traded in Other Exchanges
Address
Unit No. 401, 403, 501, 502, L.B.S. Road, Building A, 4th and 5th Floor, Piramal Agastya Corporate Park, Kurla, Mumbai, MH, IND, 400 070
Aditya Birla Fashion and Retail Ltd manufactures and retails branded apparel and runs a chain of apparels and accessories retail stores in India. It offers Clothing products, Handbags, Cosmetics, Perfumes, Fashion, Jewellery and Watches, among other products. The company's key brands include Louis Philippe, Van Heusen, Allen Solly and Peter England. The operating segments of the group are Madura Fashion and Lifestyle which involves manufacturing, distribution, and retailing of branded fashion apparel and accessories; and Pantaloons which involves retailing of apparel and accessories. It derives key revenue from the Madura Fashion and Lifestyle segment. Geographically, the group has a business presence in India and Outside India, from which it generates a majority of its revenue in India.

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