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Steel Authority Of India (BOM:500113) Cyclically Adjusted Revenue per Share : ₹233.80 (As of Mar. 2024)


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What is Steel Authority Of India 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.

Steel Authority Of India's adjusted revenue per share for the three months ended in Mar. 2024 was ₹67.490. 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 ₹233.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Steel Authority Of India's average Cyclically Adjusted Revenue Growth Rate was 3.60% 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 (2024-06-07), Steel Authority Of India's current stock price is ₹146.90. Steel Authority Of India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹233.80. Steel Authority Of India's Cyclically Adjusted PS Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Steel Authority Of India was 0.72. The lowest was 0.32. And the median was 0.39.


Steel Authority Of India Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Steel Authority Of India'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.

Steel Authority Of India Cyclically Adjusted Revenue per Share Chart

Steel Authority Of India 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 - - 209.43 225.68 233.80

Steel Authority Of India 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 225.68 231.17 230.51 232.65 233.80

Competitive Comparison of Steel Authority Of India's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Steel Authority Of India'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.


Steel Authority Of India's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Steel Authority Of India's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Steel Authority Of India's Cyclically Adjusted PS Ratio falls into.



Steel Authority Of India 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, Steel Authority Of India'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)
=67.49/153.0345*153.0345
=67.490

Current CPI (Mar. 2024) = 153.0345.

Steel Authority Of India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200912 23.482 64.648 55.587
201003 35.696 65.030 84.003
201006 21.870 66.560 50.283
201009 25.680 68.473 57.394
201012 26.966 70.768 58.313
201103 28.885 70.768 62.463
201106 26.187 72.298 55.430
201109 26.290 75.359 53.388
201112 25.642 75.359 52.072
201203 32.694 76.889 65.072
201303 0.000 85.687 0.000
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 38.619 111.317 53.092
201809 40.611 115.142 53.976
201812 38.440 115.142 51.090
201903 42.866 118.202 55.498
201906 36.085 120.880 45.684
201909 34.097 123.175 42.363
201912 39.963 126.235 48.447
202003 36.972 124.705 45.371
202006 21.958 127.000 26.459
202009 41.100 130.118 48.339
202012 47.961 130.889 56.076
202103 54.717 131.771 63.547
202106 50.001 134.084 57.068
202109 64.925 135.847 73.139
202112 61.113 138.161 67.692
202203 74.455 138.822 82.078
202206 58.242 142.347 62.615
202209 63.751 144.661 67.441
202212 60.506 145.763 63.524
202303 70.812 146.865 73.787
202306 58.467 150.280 59.539
202309 71.914 151.492 72.646
202312 56.312 152.924 56.353
202403 67.490 153.035 67.490

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


Steel Authority Of India  (BOM:500113) 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.

Steel Authority Of India's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=146.90/233.8
=0.63

* 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 Steel Authority Of India was 0.72. The lowest was 0.32. And the median was 0.39.


Be Aware

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


Steel Authority Of India Cyclically Adjusted Revenue per Share Related Terms

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


Steel Authority Of India (BOM:500113) Business Description

Industry
Traded in Other Exchanges
Address
Lodi Road, Ispat Bhawan, New Delhi, IND, 110003
Steel Authority Of India Ltd is a steelmaker. The company primarily produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. It generates most of its revenue from the Indian domestic market.

Steel Authority Of India (BOM:500113) Headlines

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