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Avanti Feeds (NSE:AVANTIFEED) Cyclically Adjusted Revenue per Share : ₹321.13 (As of Dec. 2023)


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What is Avanti Feeds 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.

Avanti Feeds's adjusted revenue per share for the three months ended in Dec. 2023 was ₹92.005. 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 ₹321.13 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), Avanti Feeds's current stock price is ₹522.45. Avanti Feeds's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹321.13. Avanti Feeds's Cyclically Adjusted PS Ratio of today is 1.63.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Avanti Feeds was 1.73. The lowest was 1.17. And the median was 1.35.


Avanti Feeds Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Avanti Feeds'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.

Avanti Feeds Cyclically Adjusted Revenue per Share Chart

Avanti Feeds 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 - - - - 289.50

Avanti Feeds 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 - 289.50 300.72 310.23 321.13

Competitive Comparison of Avanti Feeds's Cyclically Adjusted Revenue per Share

For the Packaged Foods subindustry, Avanti Feeds'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.


Avanti Feeds's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Avanti Feeds's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Avanti Feeds 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, Avanti Feeds'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)
=92.005/153.2548*153.2548
=92.005

Current CPI (Dec. 2023) = 153.2548.

Avanti Feeds Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 10.033 83.774 18.354
201303 11.488 85.687 20.547
201403 0.000 91.425 0.000
201412 28.628 96.780 45.333
201503 27.502 97.163 43.379
201506 44.172 99.841 67.804
201509 38.662 101.753 58.230
201512 29.910 102.901 44.546
201603 34.058 102.518 50.913
201606 53.086 105.961 76.780
201609 54.531 105.961 78.870
201612 35.518 105.196 51.744
201703 47.607 105.196 69.356
201706 73.293 107.109 104.870
201709 57.624 109.021 81.004
201712 51.850 109.404 72.632
201803 59.045 109.786 82.423
201806 76.378 111.317 105.153
201809 55.456 115.142 73.812
201812 61.309 115.142 81.603
201903 58.233 118.202 75.502
201906 80.226 120.880 101.713
201909 78.098 123.175 97.170
201912 67.681 126.235 82.167
202003 70.201 124.705 86.273
202006 70.114 127.000 84.609
202009 83.076 130.118 97.848
202012 67.145 130.889 78.618
202103 78.412 131.771 91.197
202106 103.379 134.084 118.160
202109 89.972 135.847 101.501
202112 78.454 138.161 87.025
202203 93.759 138.822 103.507
202206 115.096 142.347 123.915
202209 97.146 144.661 102.917
202212 80.861 145.763 85.017
202303 76.588 146.865 79.920
202306 114.067 150.280 116.325
202309 93.867 151.492 94.959
202312 92.005 153.255 92.005

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


Avanti Feeds  (NSE:AVANTIFEED) 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.

Avanti Feeds's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=522.45/321.13
=1.63

* 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 Avanti Feeds was 1.73. The lowest was 1.17. And the median was 1.35.


Be Aware

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


Avanti Feeds Cyclically Adjusted Revenue per Share Related Terms

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


Avanti Feeds (NSE:AVANTIFEED) Business Description

Traded in Other Exchanges
Address
G-2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad, TG, IND, 500082
Avanti Feeds Ltd is an Indian company which is engaged in the manufacturing of prawn and fish feeds and shrimp processor. The company's operating segments include Shrimp Feed, Shrimp Hatchery and Wind Mills. It generates maximum revenue from the Shrimp Feed segment. Geographically, it derives a majority of its revenue from India and also has a presence in the USA and the Rest of the world. Its product includes prawn feed, scampi feed, and fish feed.

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