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Tata Elxsi (NSE:TATAELXSI) Cyclically Adjusted Revenue per Share : ₹363.37 (As of Mar. 2024)


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What is Tata Elxsi 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.

Tata Elxsi's adjusted revenue per share for the three months ended in Mar. 2024 was ₹145.367. 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 ₹363.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tata Elxsi's average Cyclically Adjusted Revenue Growth Rate was 16.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.90% 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 Tata Elxsi was 15.90% per year. The lowest was 15.90% per year. And the median was 15.90% per year.

As of today (2024-05-21), Tata Elxsi's current stock price is ₹7238.90. Tata Elxsi's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹363.37. Tata Elxsi's Cyclically Adjusted PS Ratio of today is 19.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tata Elxsi was 36.86. The lowest was 4.15. And the median was 21.96.


Tata Elxsi Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tata Elxsi'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.

Tata Elxsi Cyclically Adjusted Revenue per Share Chart

Tata Elxsi 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 - 233.53 263.79 312.43 363.37

Tata Elxsi 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 312.43 329.07 341.21 353.52 363.37

Competitive Comparison of Tata Elxsi's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Tata Elxsi'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.


Tata Elxsi's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Tata Elxsi's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tata Elxsi 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, Tata Elxsi'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)
=145.367/153.0345*153.0345
=145.367

Current CPI (Mar. 2024) = 153.0345.

Tata Elxsi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 33.964 91.425 56.852
201406 30.642 94.103 49.832
201409 33.056 96.780 52.270
201412 35.547 96.780 56.209
201503 37.150 97.163 58.512
201509 42.352 101.753 63.696
201512 43.996 102.901 65.431
201603 47.218 102.518 70.485
201606 47.517 105.961 68.627
201609 48.851 105.961 70.553
201612 49.824 105.196 72.482
201703 52.480 105.196 76.346
201706 51.919 107.109 74.181
201709 54.934 109.021 77.111
201712 55.493 109.404 77.624
201803 60.294 109.786 84.046
201806 61.344 111.317 84.334
201809 64.694 115.142 85.984
201812 65.375 115.142 86.890
201903 65.070 118.202 84.245
201906 58.045 120.880 73.485
201909 61.974 123.175 76.997
201912 67.991 126.235 82.425
202003 70.473 124.705 86.482
202006 64.313 127.000 77.497
202009 69.097 130.118 81.266
202012 76.598 130.889 89.558
202103 83.227 131.771 96.657
202106 89.675 134.084 102.349
202109 95.617 135.847 107.715
202112 102.037 138.161 113.022
202203 109.467 138.822 120.674
202206 116.552 142.347 125.302
202209 122.527 144.661 129.619
202212 131.307 145.763 137.858
202303 134.511 146.865 140.162
202306 136.509 150.280 139.011
202309 141.588 151.492 143.030
202312 146.768 152.924 146.874
202403 145.367 153.035 145.367

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


Tata Elxsi  (NSE:TATAELXSI) 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.

Tata Elxsi's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7238.90/363.37
=19.92

* 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 Tata Elxsi was 36.86. The lowest was 4.15. And the median was 21.96.


Be Aware

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


Tata Elxsi Cyclically Adjusted Revenue per Share Related Terms

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


Tata Elxsi (NSE:TATAELXSI) Business Description

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Tata Elxsi Ltd is an India-based provider of design and technology services for the aerospace and defense, automotive, broadcasting and media, communications, consumer products, healthcare, semiconductor, and automotive industries. Its solutions include product engineering, design, Big Data analytics, Internet of Things, content development, artificial intelligence, virtual reality, and systems integration. The firm has operations in India, US, Europe, and Others.

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