GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MIC Electronics Ltd (NSE:MICEL) » Definitions » Cyclically Adjusted Revenue per Share

MIC Electronics (NSE:MICEL) Cyclically Adjusted Revenue per Share : ₹22.44 (As of Mar. 2025)


View and export this data going back to 2007. Start your Free Trial

What is MIC Electronics 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.

MIC Electronics's adjusted revenue per share for the three months ended in Mar. 2025 was ₹1.812. 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 ₹22.44 for the trailing ten years ended in Mar. 2025.

During the past 12 months, MIC Electronics's average Cyclically Adjusted Revenue Growth Rate was -27.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -17.90% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of MIC Electronics was -9.80% per year. The lowest was -17.90% per year. And the median was -13.85% per year.

As of today (2025-05-30), MIC Electronics's current stock price is ₹57.83. MIC Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹22.44. MIC Electronics's Cyclically Adjusted PS Ratio of today is 2.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MIC Electronics was 3.58. The lowest was 0.05. And the median was 0.48.


MIC Electronics Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for MIC Electronics'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.

MIC Electronics Cyclically Adjusted Revenue per Share Chart

MIC Electronics Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.82 40.67 36.97 31.14 22.44

MIC Electronics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 31.14 29.27 27.27 24.84 22.44

Competitive Comparison of MIC Electronics's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, MIC Electronics'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.


MIC Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MIC Electronics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


;
;

MIC Electronics 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, MIC Electronics's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.812/157.5517*157.5517
=1.812

Current CPI (Mar. 2025) = 157.5517.

MIC Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 15.972 99.841 25.204
201509 11.941 101.753 18.489
201512 11.935 102.901 18.274
201603 13.258 102.518 20.375
201606 10.687 105.961 15.890
201609 11.700 105.961 17.397
201612 14.770 105.196 22.121
201703 16.517 105.196 24.737
201706 11.821 107.109 17.388
201709 7.043 109.021 10.178
201712 7.088 109.404 10.207
201803 2.799 109.786 4.017
201806 0.124 111.317 0.176
201809 0.082 115.142 0.112
201812 0.456 115.142 0.624
201903 -0.053 118.202 -0.071
201906 0.051 120.880 0.066
201909 0.087 123.175 0.111
201912 0.155 126.235 0.193
202003 -0.149 124.705 -0.188
202006 0.000 127.000 0.000
202009 0.184 130.118 0.223
202012 0.011 130.889 0.013
202103 -0.006 131.771 -0.007
202106 0.047 134.084 0.055
202109 0.615 135.847 0.713
202112 4.911 138.161 5.600
202203 0.597 138.822 0.678
202206 0.119 142.347 0.132
202209 0.094 144.661 0.102
202212 0.052 145.763 0.056
202303 0.103 146.865 0.110
202306 0.341 150.280 0.357
202309 0.482 151.492 0.501
202312 0.774 152.924 0.797
202403 0.996 153.035 1.025
202406 0.436 155.789 0.441
202409 1.162 157.882 1.160
202412 0.488 158.323 0.486
202503 1.812 157.552 1.812

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


MIC Electronics  (NSE:MICEL) 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.

MIC Electronics's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=57.83/22.44
=2.58

* 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 MIC Electronics was 3.58. The lowest was 0.05. And the median was 0.48.


Be Aware

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


MIC Electronics Cyclically Adjusted Revenue per Share Related Terms

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


MIC Electronics Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MIC Electronics Ltd (NSE:MICEL) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
Plot No. 192/B, Phase-II, IDA, Cherlapally, Rangareddi, Hyderabad, TG, IND, 500051
MIC Electronics Ltd designs, develops, and manufactures light-emitting diode (LED) video displays, and other electronic components. The operating segments of the group are LED products; Medical appliances and E Vehicles. Its products include LED lighting, LED displays, Oxygen concentrators, and Batteries. The company predominantly operates in India.

MIC Electronics Headlines

No Headlines