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Apex Spinning & Knitting Mills (DHA:APEXSPINN) Cyclically Adjusted Revenue per Share : BDT511.04 (As of Dec. 2023)


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What is Apex Spinning & Knitting Mills 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.

Apex Spinning & Knitting Mills's adjusted revenue per share for the three months ended in Dec. 2023 was BDT174.570. 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 BDT511.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Apex Spinning & Knitting Mills's average Cyclically Adjusted Revenue Growth Rate was 8.50% 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 (2024-04-29), Apex Spinning & Knitting Mills's current stock price is BDT111.60. Apex Spinning & Knitting Mills's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was BDT511.04. Apex Spinning & Knitting Mills's Cyclically Adjusted PS Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Apex Spinning & Knitting Mills was 0.39. The lowest was 0.22. And the median was 0.27.


Apex Spinning & Knitting Mills Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Apex Spinning & Knitting Mills'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.

Apex Spinning & Knitting Mills Cyclically Adjusted Revenue per Share Chart

Apex Spinning & Knitting Mills Annual Data
Trend Mar14 Mar15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 471.75 493.24

Apex Spinning & Knitting Mills 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 471.05 483.45 493.24 503.40 511.04

Competitive Comparison of Apex Spinning & Knitting Mills's Cyclically Adjusted Revenue per Share

For the Apparel Manufacturing subindustry, Apex Spinning & Knitting Mills'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.


Apex Spinning & Knitting Mills's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Apex Spinning & Knitting Mills's Cyclically Adjusted PS Ratio falls into.



Apex Spinning & Knitting Mills 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, Apex Spinning & Knitting Mills'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)
=174.57/129.4194*129.4194
=174.570

Current CPI (Dec. 2023) = 129.4194.

Apex Spinning & Knitting Mills Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 80.545 98.326 106.016
201403 79.689 99.695 103.449
201406 76.734 100.560 98.756
201409 83.574 100.428 107.700
201412 93.515 99.070 122.163
201503 103.348 99.621 134.261
201506 110.645 100.684 142.223
201509 80.931 100.392 104.332
201512 111.510 99.792 144.616
201606 0.000 101.688 0.000
201609 85.309 101.861 108.389
201612 104.366 101.863 132.600
201703 97.745 102.862 122.981
201706 93.992 103.349 117.702
201709 79.118 104.136 98.328
201712 124.581 104.011 155.014
201803 113.080 105.290 138.995
201806 115.291 106.317 140.344
201809 84.118 106.507 102.214
201812 116.973 105.998 142.820
201903 106.090 107.251 128.019
201906 114.130 108.070 136.677
201909 71.637 108.329 85.584
201912 109.237 108.420 130.395
202003 98.237 108.902 116.746
202006 48.087 108.767 57.217
202009 103.797 109.815 122.327
202012 132.744 109.897 156.325
202103 109.716 111.754 127.059
202106 130.274 114.631 147.080
202109 90.711 115.734 101.437
202112 165.884 117.630 182.510
202203 143.004 121.301 152.575
202206 142.294 125.017 147.305
202209 85.752 125.227 88.623
202212 136.156 125.222 140.720
202303 145.672 127.348 148.042
202306 160.331 128.729 161.191
202309 155.884 129.860 155.356
202312 174.570 129.419 174.570

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


Apex Spinning & Knitting Mills  (DHA:APEXSPINN) 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.

Apex Spinning & Knitting Mills's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=111.60/511.04
=0.22

* 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 Apex Spinning & Knitting Mills was 0.39. The lowest was 0.22. And the median was 0.27.


Be Aware

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


Apex Spinning & Knitting Mills Cyclically Adjusted Revenue per Share Related Terms

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


Apex Spinning & Knitting Mills (DHA:APEXSPINN) Business Description

Traded in Other Exchanges
N/A
Address
18 Gulshan Avenue, Shanta Skymark, 8th & 13th Floor, Gulshan, Dhaka, BGD, 1212
Apex Spinning & Knitting Mills Ltd is a Bangladesh based company that operates as a manufacturer and exporter of all kinds of textiles knitted garments. The company is principally operating in manufacturing high-quality Knit-garments for infants, children, and womenswear using fabrics produced in-house.

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