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Vikas EcoTech (BOM:530961) Cyclically Adjusted Revenue per Share : ₹7.09 (As of Mar. 2024)


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What is Vikas EcoTech 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.

Vikas EcoTech's adjusted revenue per share for the three months ended in Mar. 2024 was ₹0.517. 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 ₹7.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vikas EcoTech's average Cyclically Adjusted Revenue Growth Rate was -2.20% 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 (2024-06-10), Vikas EcoTech's current stock price is ₹3.76. Vikas EcoTech's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹7.09. Vikas EcoTech's Cyclically Adjusted PS Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vikas EcoTech was 0.88. The lowest was 0.34. And the median was 0.50.


Vikas EcoTech Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Vikas EcoTech'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.

Vikas EcoTech Cyclically Adjusted Revenue per Share Chart

Vikas EcoTech 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 - - 7.44 7.25 7.09

Vikas EcoTech 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 7.25 7.19 7.06 6.96 7.09

Competitive Comparison of Vikas EcoTech's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Vikas EcoTech'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.


Vikas EcoTech's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vikas EcoTech's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vikas EcoTech 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, Vikas EcoTech'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)
=0.517/153.0345*153.0345
=0.517

Current CPI (Mar. 2024) = 153.0345.

Vikas EcoTech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.502 94.103 2.443
201409 1.014 96.780 1.603
201412 1.202 96.780 1.901
201503 1.326 97.163 2.088
201506 1.256 99.841 1.925
201509 1.708 101.753 2.569
201512 2.039 102.901 3.032
201603 2.314 102.518 3.454
201606 2.545 105.961 3.676
201609 2.100 105.961 3.033
201612 2.026 105.196 2.947
201703 2.313 105.196 3.365
201706 2.416 107.109 3.452
201709 2.452 109.021 3.442
201712 2.470 109.404 3.455
201803 0.694 109.786 0.967
201806 1.920 111.317 2.640
201809 0.951 115.142 1.264
201812 1.736 115.142 2.307
201903 1.816 118.202 2.351
201906 1.259 120.880 1.594
201909 1.129 123.175 1.403
201912 1.230 126.235 1.491
202003 0.798 124.705 0.979
202006 0.166 127.000 0.200
202009 1.226 130.118 1.442
202012 0.629 130.889 0.735
202103 0.801 131.771 0.930
202106 0.243 134.084 0.277
202109 1.142 135.847 1.286
202112 0.878 138.161 0.973
202203 0.647 138.822 0.713
202206 1.213 142.347 1.304
202209 1.517 144.661 1.605
202212 1.221 145.763 1.282
202303 0.720 146.865 0.750
202306 0.512 150.280 0.521
202309 0.471 151.492 0.476
202312 0.555 152.924 0.555
202403 0.517 153.035 0.517

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


Vikas EcoTech  (BOM:530961) 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.

Vikas EcoTech's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.76/7.09
=0.53

* 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 Vikas EcoTech was 0.88. The lowest was 0.34. And the median was 0.50.


Be Aware

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


Vikas EcoTech Cyclically Adjusted Revenue per Share Related Terms

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


Vikas EcoTech (BOM:530961) Business Description

Industry
Traded in Other Exchanges
Address
34/1, Vikas Apartments, East Punjabi Bagh, New Delhi, IND, 110026
Vikas EcoTech Ltd is a specialty chemicals company. The company is engaged in the business of manufacturing and distribution of specialty additives including agrochemicals and rubber-plastic and polymer compounds. The Company has identified three business segments which are Infra & Energy, Chemical, Polymers & Special Additives, Real Estate. Its polymer compounds offering includes thermoplastic rubber (TPR), thermoplastic elastomer (TPE), Ethylene Vinyl Acetate (EVA), impact modifiers, Polyethylene (PE), and Polypropylene (PP).

Vikas EcoTech (BOM:530961) Headlines

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