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Alok Industries (NSE:ALOKINDS) Cyclically Adjusted Revenue per Share : ₹65.71 (As of Mar. 2024)


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What is Alok Industries 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.

Alok Industries's adjusted revenue per share data for the fiscal year that ended in Mar. 2024 was ₹11.126. 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 ₹65.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alok Industries's average Cyclically Adjusted Revenue Growth Rate was -22.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -14.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -13.80% 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 Alok Industries was -5.00% per year. The lowest was -14.70% per year. And the median was -11.60% per year.

As of today (2024-05-15), Alok Industries's current stock price is ₹ 26.20. Alok Industries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar. 2024 was ₹65.71. Alok Industries's Cyclically Adjusted PS Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Alok Industries was 0.44. The lowest was 0.02. And the median was 0.18.


Alok Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Alok Industries'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.

Alok Industries Cyclically Adjusted Revenue per Share Chart

Alok Industries 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 127.59 105.62 95.07 84.69 65.71

Alok Industries 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 84.69 - - - 65.71

Competitive Comparison of Alok Industries's Cyclically Adjusted Revenue per Share

For the Textile Manufacturing subindustry, Alok Industries'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.


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

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

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



Alok Industries 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, Alok Industries's adjusted Revenue per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.126/153.2548*153.2548
=11.126

Current CPI (Mar. 2024) = 153.2548.

Alok Industries Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 175.320 97.163 276.532
201603 92.949 102.518 138.950
201703 64.241 105.196 93.590
201803 40.126 109.786 56.013
201903 23.367 118.202 30.296
202003 8.200 124.705 10.077
202103 6.069 131.771 7.059
202203 14.717 138.822 16.247
202303 14.050 146.865 14.661
202403 11.126 153.255 11.126

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


Alok Industries  (NSE:ALOKINDS) 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.

Alok Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=26.20/65.71
=0.40

* 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 Alok Industries was 0.44. The lowest was 0.02. And the median was 0.18.


Be Aware

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


Alok Industries Cyclically Adjusted Revenue per Share Related Terms

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


Alok Industries (NSE:ALOKINDS) Business Description

Traded in Other Exchanges
Address
Ganpatrao Kadam Marg, Peninsula Business Park, Tower B, 2nd and 3rd Floor, Lower Parel, Mumbai, MH, IND, 400013
Alok Industries Ltd is an Indian textile company. The company is engaged in the manufacturing of textile, including mending and packing activities; leather, and other apparel products. Its divisions include Spinning, such as cotton yarn; Home Textiles, such as sheeting fabric, equivalent sheet sets, and terry towels; Apparel Fabrics, such as woven fabric (includes embroidery) and knits; Garments, and Polyester, such as continuous polymerization, partially oriented yarn (POY)/chip, draw texturized yarn (DTY), fully drawn yarn (FDY), polyester staple fiber/cationic yarn and masterbatch. Geographically, it derives a majority of revenue from India. The company generates the majority of its revenue from the Home Textiles product group.

Alok Industries (NSE:ALOKINDS) Headlines

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