GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Trident Ltd (BOM:521064) » Definitions » Cyclically Adjusted Revenue per Share

Trident (BOM:521064) Cyclically Adjusted Revenue per Share : ₹14.27 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Trident 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.

Trident's adjusted revenue per share for the three months ended in Dec. 2023 was ₹3.694. 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 ₹14.27 for the trailing ten years ended in Dec. 2023.

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 (2024-04-29), Trident's current stock price is ₹39.80. Trident's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹14.27. Trident's Cyclically Adjusted PS Ratio of today is 2.79.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Trident was 3.33. The lowest was 2.46. And the median was 2.71.


Trident Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Trident'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.

Trident Cyclically Adjusted Revenue per Share Chart

Trident 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 - - - - -

Trident 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 - - - 14.09 14.27

Competitive Comparison of Trident's Cyclically Adjusted Revenue per Share

For the Textile Manufacturing subindustry, Trident'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.


Trident's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Trident's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Trident 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, Trident'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)
=3.694/153.2548*153.2548
=3.694

Current CPI (Dec. 2023) = 153.2548.

Trident Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200603 0.000 45.521 0.000
200703 0.000 48.581 0.000
200803 0.000 52.407 0.000
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201106 3.070 72.298 6.508
201112 2.350 75.359 4.779
201203 2.601 76.889 5.184
201206 2.504 79.567 4.823
201212 2.664 83.774 4.873
201303 2.874 85.687 5.140
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 2.277 111.317 3.135
201809 2.808 115.142 3.737
201812 2.598 115.142 3.458
201903 2.424 118.202 3.143
201906 2.679 120.880 3.397
201909 2.688 123.175 3.344
201912 2.030 126.235 2.465
202003 1.579 124.705 1.940
202006 1.402 127.000 1.692
202009 2.333 130.118 2.748
202012 2.556 130.889 2.993
202103 1.990 131.771 2.314
202106 2.939 134.084 3.359
202109 3.389 135.847 3.823
202112 3.940 138.161 4.370
202203 2.898 138.822 3.199
202206 3.377 142.347 3.636
202209 2.692 144.661 2.852
202212 3.301 145.763 3.471
202303 2.488 146.865 2.596
202306 3.107 150.280 3.169
202309 3.583 151.492 3.625
202312 3.694 153.255 3.694

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


Trident  (BOM:521064) 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.

Trident's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=39.80/14.27
=2.79

* 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 Trident was 3.33. The lowest was 2.46. And the median was 2.71.


Be Aware

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


Trident Cyclically Adjusted Revenue per Share Related Terms

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


Trident (BOM:521064) Business Description

Traded in Other Exchanges
Address
E-212, Kitchlu Nagar, Ludhiana, PB, IND, 141 001
Trident Ltd is a terry towel and wheat straw-based manufacturer in India. The company through its subsidiaries operates through the below segments: Yarn, Towel, Bedsheets and Paper & Chemicals. The firm generates a majority of its revenue from the Towel segment. The group offers a variety of products such as solid bath sets, beach towels, embroidered towels, bath mats, bathrobes, duvet covers, cushion covers, blended yarn, drawing paper under Trident Spectra, Trident My Choice, Trident Digi Print, Trident Royal Touch, Trident Eco Green, and Trident Natural brands. Its geographical segments include India, the USA, and the Rest of the world.

Trident (BOM:521064) Headlines

No Headlines