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BF Investment (NSE:BFINVEST) Cyclically Adjusted Revenue per Share : ₹46.22 (As of Mar. 2024)


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What is BF Investment 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.

BF Investment's adjusted revenue per share for the three months ended in Mar. 2024 was ₹22.679. 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 ₹46.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BF Investment's average Cyclically Adjusted Revenue Growth Rate was 8.00% 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 (2024-06-10), BF Investment's current stock price is ₹571.95. BF Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹46.22. BF Investment's Cyclically Adjusted PS Ratio of today is 12.37.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BF Investment was 14.29. The lowest was 7.77. And the median was 11.53.


BF Investment Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BF Investment'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.

BF Investment Cyclically Adjusted Revenue per Share Chart

BF Investment 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 - - - 42.65 46.22

BF Investment 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 42.65 43.40 43.75 44.06 46.22

Competitive Comparison of BF Investment's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, BF Investment'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.


BF Investment's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BF Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



BF Investment 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, BF Investment'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)
=22.679/153.0345*153.0345
=22.679

Current CPI (Mar. 2024) = 153.0345.

BF Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 0.467 82.244 0.869
201212 0.985 83.774 1.799
201303 0.952 85.687 1.700
201306 0.502 88.365 0.869
201309 0.565 91.042 0.950
201312 0.600 91.425 1.004
201403 0.106 91.425 0.177
201406 0.181 94.103 0.294
201409 0.179 96.780 0.283
201412 0.188 96.780 0.297
201503 0.190 97.163 0.299
201506 0.207 99.841 0.317
201509 0.226 101.753 0.340
201512 0.257 102.901 0.382
201603 249.017 102.518 371.721
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201809 1.443 115.142 1.918
201812 1.259 115.142 1.673
201903 -6.022 118.202 -7.797
201906 0.798 120.880 1.010
201909 1.348 123.175 1.675
201912 1.021 126.235 1.238
202003 0.122 124.705 0.150
202006 0.558 127.000 0.672
202009 0.638 130.118 0.750
202012 0.304 130.889 0.355
202103 -0.870 131.771 -1.010
202106 1.769 134.084 2.019
202109 1.324 135.847 1.492
202112 1.050 138.161 1.163
202203 -1.224 138.822 -1.349
202206 1.124 142.347 1.208
202209 3.413 144.661 3.611
202212 1.349 145.763 1.416
202303 17.470 146.865 18.204
202306 0.848 150.280 0.864
202309 4.614 151.492 4.661
202312 1.340 152.924 1.341
202403 22.679 153.035 22.679

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


BF Investment  (NSE:BFINVEST) 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.

BF Investment's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=571.95/46.22
=12.37

* 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 BF Investment was 14.29. The lowest was 7.77. And the median was 11.53.


Be Aware

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


BF Investment Cyclically Adjusted Revenue per Share Related Terms

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


BF Investment (NSE:BFINVEST) Business Description

Traded in Other Exchanges
Address
Pune Cantonment, Mundhwa, Pune, MH, IND, 411 036
BF Investment Ltd is primarily engaged in the business of making investments in the Kalyani Group Companies. The Company is a Non-Deposit taking Core Investment Company. It is focusing on earning income through dividends, interest, and gains on an investment held.

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