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BEML (NSE:BEML) Cyclically Adjusted Revenue per Share : ₹1,012.66 (As of Sep. 2024)


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What is BEML 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.

BEML's adjusted revenue per share for the three months ended in Sep. 2024 was ₹206.409. 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 ₹1,012.66 for the trailing ten years ended in Sep. 2024.

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 (2025-01-18), BEML's current stock price is ₹3635.00. BEML's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ₹1,012.66. BEML's Cyclically Adjusted PS Ratio of today is 3.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BEML was 4.34. The lowest was 3.62. And the median was 4.01.


BEML Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BEML'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.

BEML Cyclically Adjusted Revenue per Share Chart

BEML Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
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BEML Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - 1,012.66

Competitive Comparison of BEML's Cyclically Adjusted Revenue per Share

For the Conglomerates subindustry, BEML'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.


BEML's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, BEML's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



BEML 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, BEML's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=206.409/157.8822*157.8822
=206.409

Current CPI (Sep. 2024) = 157.8822.

BEML Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200403 0.000 41.790 0.000
200503 0.000 43.531 0.000
200603 0.000 45.521 0.000
200703 0.000 48.581 0.000
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 108.855 111.317 154.391
201809 176.120 115.142 241.495
201812 221.042 115.142 303.092
201903 324.066 118.202 432.854
201906 139.261 120.880 181.890
201909 164.957 123.175 211.437
201912 166.675 126.235 208.460
202003 253.029 124.705 320.346
202006 93.766 127.000 116.567
202009 159.571 130.118 193.620
202012 174.748 130.889 210.786
202103 422.586 131.771 506.326
202106 108.276 134.084 127.493
202109 243.078 135.847 282.507
202112 281.993 138.161 322.246
202203 404.274 138.822 459.781
202206 160.714 142.347 178.253
202209 193.049 144.661 210.692
202212 248.996 145.763 269.699
202303 280.381 146.865 301.415
202306 138.517 150.280 145.524
202309 220.081 151.492 229.364
202312 251.319 152.924 259.467
202403 346.924 153.035 357.914
202406 152.244 155.789 154.290
202409 206.409 157.882 206.409

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


BEML  (NSE:BEML) 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.

BEML's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3635.00/1012.66
=3.59

* 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 BEML was 4.34. The lowest was 3.62. And the median was 4.01.


Be Aware

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


BEML Cyclically Adjusted Revenue per Share Related Terms

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


BEML Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » BEML Ltd (NSE:BEML) » Definitions » Cyclically Adjusted Revenue per Share
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Address
No. 23/1, 4th Main Road, BEML Soudha, S.R. Nagar, Bengaluru, KA, IND, 560027
BEML Ltd is an India-based company that manufactures and supplies defence ground support equipment such as Tatra-based high mobility trucks, aircraft towing tractors, etc. Through its Mining and Construction business, it offers a wide range of mining machinery for both opencast and underground mines such as bulldozers, excavators, dumpers, shovels, loaders, and motor graders. The Rail and Metro business which derives maximum revenue, provides rail coaches, overhead electric inspection cars, and steel and aluminum wagons among other products to the rail and metro sector. The Defence and Aerospace business provides military equipment to the Indian Army and other defence forces. Geographically, the company derives its key revenue within India and the rest from other regions.

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