GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » North Eastern Carrying Corp Ltd (NSE:NECCLTD) » Definitions » Cyclically Adjusted Revenue per Share

North Eastern Carrying (NSE:NECCLTD) Cyclically Adjusted Revenue per Share : ₹96.10 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is North Eastern Carrying 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.

North Eastern Carrying's adjusted revenue per share for the three months ended in Dec. 2023 was ₹8.838. 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 ₹96.10 for the trailing ten years ended in Dec. 2023.

During the past 12 months, North Eastern Carrying's average Cyclically Adjusted Revenue Growth Rate was -7.80% 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 (2024-05-26), North Eastern Carrying's current stock price is ₹25.35. North Eastern Carrying's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹96.10. North Eastern Carrying's Cyclically Adjusted PS Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of North Eastern Carrying was 0.35. The lowest was 0.05. And the median was 0.19.


North Eastern Carrying Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for North Eastern Carrying'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.

North Eastern Carrying Cyclically Adjusted Revenue per Share Chart

North Eastern Carrying 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 - - 124.65 120.84 101.53

North Eastern Carrying 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 104.57 101.53 101.47 99.10 96.10

Competitive Comparison of North Eastern Carrying's Cyclically Adjusted Revenue per Share

For the Trucking subindustry, North Eastern Carrying'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.


North Eastern Carrying's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, North Eastern Carrying's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



North Eastern Carrying 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, North Eastern Carrying'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)
=8.838/152.9243*152.9243
=8.838

Current CPI (Dec. 2023) = 152.9243.

North Eastern Carrying Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 26.164 91.425 43.764
201406 26.311 94.103 42.757
201409 22.203 96.780 35.083
201412 24.765 96.780 39.132
201503 25.619 97.163 40.322
201506 24.104 99.841 36.920
201509 23.754 101.753 35.700
201512 25.107 102.901 37.312
201603 27.082 102.518 40.398
201606 25.522 105.961 36.834
201609 22.995 105.961 33.187
201612 26.572 105.196 38.628
201703 26.352 105.196 38.308
201706 25.629 107.109 36.592
201709 13.820 109.021 19.385
201712 14.835 109.404 20.736
201803 16.470 109.786 22.941
201806 14.978 111.317 20.576
201809 14.034 115.142 18.639
201812 16.429 115.142 21.820
201903 16.415 118.202 21.237
201906 17.741 120.880 22.444
201909 17.941 123.175 22.274
201912 16.792 126.235 20.342
202003 16.779 124.705 20.576
202006 6.094 127.000 7.338
202009 10.955 130.118 12.875
202012 11.547 130.889 13.491
202103 13.924 131.771 16.159
202106 12.702 134.084 14.487
202109 10.218 135.847 11.503
202112 10.317 138.161 11.419
202203 12.892 138.822 14.202
202206 16.244 142.347 17.451
202209 15.642 144.661 16.535
202212 14.201 145.763 14.899
202303 11.266 146.865 11.731
202306 16.916 150.280 17.214
202309 10.241 151.492 10.338
202312 8.838 152.924 8.838

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


North Eastern Carrying  (NSE:NECCLTD) 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.

North Eastern Carrying's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.35/96.1
=0.26

* 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 North Eastern Carrying was 0.35. The lowest was 0.05. And the median was 0.19.


Be Aware

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


North Eastern Carrying Cyclically Adjusted Revenue per Share Related Terms

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


North Eastern Carrying (NSE:NECCLTD) Business Description

Traded in Other Exchanges
Address
Ram Bagh Road, Azad Market, NECC House, 9062/47, Delhi, IND, 110006
North Eastern Carrying Corp Ltd is engaged in the business of transportation. The firm offers freight management and customized logistics solutions. NECC offers; Parcel load movement; Full truckload services; Containerized movement of cargo; ODC Movement: Bulk Movement: Storage facility, and other transport-related services. Geographically the company has a presence in Nepal and operational setups in Bhutan and Bangladesh. It generates substantial revenue from Freight.

North Eastern Carrying (NSE:NECCLTD) Headlines

No Headlines