GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sterlite Technologies Ltd (NSE:STLTECH) » Definitions » Cyclically Adjusted Revenue per Share

Sterlite Technologies (NSE:STLTECH) Cyclically Adjusted Revenue per Share : ₹133.04 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Sterlite Technologies 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.

Sterlite Technologies's adjusted revenue per share for the three months ended in Mar. 2024 was ₹26.059. 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 ₹133.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sterlite Technologies's average Cyclically Adjusted Revenue Growth Rate was 4.50% 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 (2024-06-23), Sterlite Technologies's current stock price is ₹141.06. Sterlite Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹133.04. Sterlite Technologies's Cyclically Adjusted PS Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sterlite Technologies was 2.05. The lowest was 0.83. And the median was 1.23.


Sterlite Technologies Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sterlite Technologies'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.

Sterlite Technologies Cyclically Adjusted Revenue per Share Chart

Sterlite Technologies 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 - - 114.68 127.37 133.04

Sterlite Technologies 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 127.37 130.89 132.45 133.68 133.04

Competitive Comparison of Sterlite Technologies's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Sterlite Technologies'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.


Sterlite Technologies's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sterlite Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sterlite Technologies 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, Sterlite Technologies'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)
=26.059/153.0345*153.0345
=26.059

Current CPI (Mar. 2024) = 153.0345.

Sterlite Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.359 94.103 23.351
201409 15.284 96.780 24.168
201412 21.841 96.780 34.536
201503 25.484 97.163 40.138
201506 11.520 99.841 17.658
201509 14.049 101.753 21.129
201512 14.590 102.901 21.698
201603 15.107 102.518 22.551
201606 14.044 105.961 20.283
201609 12.753 105.961 18.419
201612 16.605 105.196 24.156
201703 17.277 105.196 25.134
201706 15.729 107.109 22.473
201709 19.145 109.021 26.874
201712 20.581 109.404 28.789
201803 20.861 109.786 29.079
201806 21.575 111.317 29.661
201809 26.681 115.142 35.462
201812 32.913 115.142 43.744
201903 41.581 118.202 53.834
201906 35.146 120.880 44.495
201909 33.404 123.175 41.502
201912 29.478 126.235 35.736
202003 26.458 124.705 32.468
202006 22.052 127.000 26.573
202009 28.755 130.118 33.819
202012 32.618 130.889 38.137
202103 35.673 131.771 41.430
202106 32.612 134.084 37.221
202109 37.915 135.847 42.712
202112 32.455 138.161 35.949
202203 34.654 138.822 38.202
202206 35.147 142.347 37.786
202209 42.075 144.661 44.510
202212 46.890 145.763 49.229
202303 49.485 146.865 51.564
202306 37.768 150.280 38.460
202309 37.789 151.492 38.174
202312 33.166 152.924 33.190
202403 26.059 153.035 26.059

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


Sterlite Technologies  (NSE:STLTECH) 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.

Sterlite Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=141.06/133.04
=1.06

* 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 Sterlite Technologies was 2.05. The lowest was 0.83. And the median was 1.23.


Be Aware

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


Sterlite Technologies Cyclically Adjusted Revenue per Share Related Terms

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


Sterlite Technologies (NSE:STLTECH) Business Description

Traded in Other Exchanges
Address
Koregaon Road 9, STS 12/1, 4th Floor, Godrej Millennium, Pune, MH, IND, 411 001
Sterlite Technologies Ltd is an Indian-based company engaged in the business of Connectivity and Network Solutions. Its products and solutions mainly include integrated optical fiber, copper telecom cables, structured data cables, access equipment, fiber connectivity and system integration solution offerings for telecom networks, OSS/ BSS solutions, billing and bandwidth management solutions for organizations, and others. Its segments include Optical networking business (ONB), Global service business (GSB) and Digital and technology solutions (Digital). The company offers its services within India and in the International market.

Sterlite Technologies (NSE:STLTECH) Headlines

No Headlines