GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Surana Solar Ltd (NSE:SURANASOL) » Definitions » Cyclically Adjusted Revenue per Share

Surana Solar (NSE:SURANASOL) Cyclically Adjusted Revenue per Share : ₹12.67 (As of Mar. 2025)


View and export this data going back to 2011. Start your Free Trial

What is Surana Solar 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.

Surana Solar's adjusted revenue per share for the three months ended in Mar. 2025 was ₹0.512. 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 ₹12.67 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Surana Solar's average Cyclically Adjusted Revenue Growth Rate was -18.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -12.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Surana Solar was -12.80% per year. The lowest was -12.80% per year. And the median was -12.80% per year.

As of today (2025-06-02), Surana Solar's current stock price is ₹37.05. Surana Solar's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹12.67. Surana Solar's Cyclically Adjusted PS Ratio of today is 2.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Surana Solar was 4.26. The lowest was 0.63. And the median was 1.36.


Surana Solar Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Surana Solar'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.

Surana Solar Cyclically Adjusted Revenue per Share Chart

Surana Solar 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 - 19.16 18.06 15.65 12.67

Surana Solar 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 15.65 15.27 14.57 13.54 12.67

Competitive Comparison of Surana Solar's Cyclically Adjusted Revenue per Share

For the Solar subindustry, Surana Solar'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.


Surana Solar's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Surana Solar's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


;
;

Surana Solar 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, Surana Solar'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)
=0.512/157.5517*157.5517
=0.512

Current CPI (Mar. 2025) = 157.5517.

Surana Solar Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 4.844 99.841 7.644
201509 4.710 101.753 7.293
201512 5.994 102.901 9.177
201603 8.594 102.518 13.207
201606 4.050 105.961 6.022
201609 3.721 105.961 5.533
201612 6.043 105.196 9.051
201703 3.882 105.196 5.814
201706 2.133 107.109 3.138
201709 1.618 109.021 2.338
201712 1.706 109.404 2.457
201803 2.452 109.786 3.519
201806 2.186 111.317 3.094
201809 1.245 115.142 1.704
201812 1.399 115.142 1.914
201903 2.230 118.202 2.972
201906 2.951 120.880 3.846
201909 1.415 123.175 1.810
201912 0.627 126.235 0.783
202003 1.855 124.705 2.344
202006 0.597 127.000 0.741
202009 1.118 130.118 1.354
202012 0.915 130.889 1.101
202103 3.048 131.771 3.644
202106 0.759 134.084 0.892
202109 1.803 135.847 2.091
202112 0.512 138.161 0.584
202203 1.756 138.822 1.993
202206 1.904 142.347 2.107
202209 2.249 144.661 2.449
202212 2.825 145.763 3.053
202303 1.623 146.865 1.741
202306 1.354 150.280 1.420
202309 0.571 151.492 0.594
202312 0.827 152.924 0.852
202403 0.913 153.035 0.940
202406 2.453 155.789 2.481
202409 3.059 157.882 3.053
202412 1.909 158.323 1.900
202503 0.512 157.552 0.512

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


Surana Solar  (NSE:SURANASOL) 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.

Surana Solar's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=37.05/12.67
=2.92

* 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 Surana Solar was 4.26. The lowest was 0.63. And the median was 1.36.


Be Aware

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


Surana Solar Cyclically Adjusted Revenue per Share Related Terms

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


Surana Solar Business Description

Industry
Traded in Other Exchanges
Address
Plot No.212/3 & 4, Phase II, IDA, Cherlapally, Hyderabad, TG, IND, 500051
Surana Solar Ltd is engaged in the business of manufacturing solar panels/photovoltaic (PV) cells. The company is also engaged in the generation of wind power energy and trading of other solar-related products. It operates through two segments: Solar Products; and Renewable Energy. The majority of revenue is derived from the Solar products segment which involves the manufacturing and trading of Solar Photovoltaic (SPV) Modules. It offers products such as SPV modules; Home lighting systems Solar street lighting products; and Solar lanterns. The Renewable Energy segment represents revenue derived from the generation of solar and wind power.

Surana Solar Headlines

No Headlines