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Jhaveri Credits & Capital (BOM:531550) Cyclically Adjusted Revenue per Share : ₹6.16 (As of Dec. 2023)


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What is Jhaveri Credits & Capital 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.

Jhaveri Credits & Capital's adjusted revenue per share for the three months ended in Dec. 2023 was ₹2.177. 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 ₹6.16 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Jhaveri Credits & Capital's average Cyclically Adjusted Revenue Growth Rate was 23.40% 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 (2024-05-26), Jhaveri Credits & Capital's current stock price is ₹383.45. Jhaveri Credits & Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹6.16. Jhaveri Credits & Capital's Cyclically Adjusted PS Ratio of today is 62.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Jhaveri Credits & Capital was 83.93. The lowest was 0.45. And the median was 1.36.


Jhaveri Credits & Capital Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Jhaveri Credits & Capital'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.

Jhaveri Credits & Capital Cyclically Adjusted Revenue per Share Chart

Jhaveri Credits & Capital 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 - - 4.65 5.27 6.23

Jhaveri Credits & Capital 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 4.99 6.23 6.18 6.05 6.16

Competitive Comparison of Jhaveri Credits & Capital's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Jhaveri Credits & Capital'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.


Jhaveri Credits & Capital's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jhaveri Credits & Capital's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jhaveri Credits & Capital's Cyclically Adjusted PS Ratio falls into.



Jhaveri Credits & Capital 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, Jhaveri Credits & Capital'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)
=2.177/152.9243*152.9243
=2.177

Current CPI (Dec. 2023) = 152.9243.

Jhaveri Credits & Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.751 91.425 1.256
201406 0.399 94.103 0.648
201409 0.465 96.780 0.735
201412 0.756 96.780 1.195
201503 0.806 97.163 1.269
201506 0.560 99.841 0.858
201509 1.545 101.753 2.322
201512 0.505 102.901 0.750
201603 0.603 102.518 0.899
201606 0.571 105.961 0.824
201609 0.379 105.961 0.547
201612 0.337 105.196 0.490
201703 0.762 105.196 1.108
201706 0.321 107.109 0.458
201709 0.641 109.021 0.899
201712 0.269 109.404 0.376
201803 0.853 109.786 1.188
201806 0.302 111.317 0.415
201809 0.215 115.142 0.286
201812 0.276 115.142 0.367
201903 0.153 118.202 0.198
201906 0.243 120.880 0.307
201909 0.252 123.175 0.313
201912 0.090 126.235 0.109
202003 0.072 124.705 0.088
202006 -0.253 127.000 -0.305
202009 0.332 130.118 0.390
202012 0.000 130.889 0.000
202103 5.266 131.771 6.111
202106 0.158 134.084 0.180
202109 0.161 135.847 0.181
202112 0.299 138.161 0.331
202203 13.066 138.822 14.393
202206 0.105 142.347 0.113
202209 0.156 144.661 0.165
202212 0.199 145.763 0.209
202303 16.958 146.865 17.658
202306 0.154 150.280 0.157
202309 0.352 151.492 0.355
202312 2.177 152.924 2.177

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


Jhaveri Credits & Capital  (BOM:531550) 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.

Jhaveri Credits & Capital's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=383.45/6.16
=62.25

* 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 Jhaveri Credits & Capital was 83.93. The lowest was 0.45. And the median was 1.36.


Be Aware

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


Jhaveri Credits & Capital Cyclically Adjusted Revenue per Share Related Terms

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


Jhaveri Credits & Capital (BOM:531550) Business Description

Traded in Other Exchanges
N/A
Address
301, Payal Tower-II, Sayajigunj, Vadodara, GJ, IND, 390020
Jhaveri Credits & Capital Ltd operates as a stock broking houses in Gujarat. It provides broking platform on various exchanges to the clients for dealing in various Commodities traded on those exchanges in the present, spot and future dealings. Its financial and wealth management services include e-trading of the major shares in various sectors. It also offers other financial services such as Mutual funds, commodity trading, derivative trading, equity trading, and initial public offers. It operates in India.

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