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Coforge (BOM:532541) Cyclically Adjusted Revenue per Share : ₹912.18 (As of Mar. 2024)


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What is Coforge 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.

Coforge's adjusted revenue per share for the three months ended in Mar. 2024 was ₹381.474. 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 ₹912.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Coforge's average Cyclically Adjusted Revenue Growth Rate was 14.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.30% 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 Coforge was 14.30% per year. The lowest was 12.40% per year. And the median was 13.35% per year.

As of today (2024-06-07), Coforge's current stock price is ₹5217.45. Coforge's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹912.18. Coforge's Cyclically Adjusted PS Ratio of today is 5.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Coforge was 8.95. The lowest was 1.85. And the median was 5.51.


Coforge Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Coforge'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.

Coforge Cyclically Adjusted Revenue per Share Chart

Coforge 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 560.32 610.75 684.14 794.73 912.18

Coforge 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 794.73 833.59 860.58 889.61 912.18

Competitive Comparison of Coforge's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, Coforge'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.


Coforge's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Coforge's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Coforge 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, Coforge'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)
=381.474/153.0345*153.0345
=381.474

Current CPI (Mar. 2024) = 153.0345.

Coforge Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 95.197 94.103 154.814
201409 96.827 96.780 153.108
201412 97.569 96.780 154.281
201503 101.284 97.163 159.525
201506 105.049 99.841 161.018
201509 111.465 101.753 167.641
201512 110.753 102.901 164.712
201603 111.806 102.518 166.899
201606 108.959 105.961 157.364
201609 112.700 105.961 162.767
201612 112.965 105.196 164.336
201703 121.172 105.196 176.276
201706 115.109 107.109 164.465
201709 119.576 109.021 167.850
201712 122.381 109.404 171.187
201803 127.252 109.786 177.380
201806 132.676 111.317 182.399
201809 145.606 115.142 193.524
201812 156.034 115.142 207.384
201903 155.851 118.202 201.778
201906 154.405 120.880 195.478
201909 166.160 123.175 206.440
201912 171.412 126.235 207.802
202003 176.916 124.705 217.106
202006 168.141 127.000 202.609
202009 187.441 130.118 220.453
202012 192.935 130.889 225.578
202103 201.749 131.771 234.306
202106 235.795 134.084 269.120
202109 253.007 135.847 285.018
202112 266.992 138.161 295.735
202203 279.602 138.822 308.228
202206 295.003 142.347 317.151
202209 315.783 144.661 334.061
202212 330.530 145.763 347.019
202303 347.773 146.865 362.383
202306 356.598 150.280 363.134
202309 364.443 151.492 368.154
202312 371.532 152.924 371.800
202403 381.474 153.035 381.474

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


Coforge  (BOM:532541) 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.

Coforge's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5217.45/912.18
=5.72

* 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 Coforge was 8.95. The lowest was 1.85. And the median was 5.51.


Be Aware

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


Coforge Cyclically Adjusted Revenue per Share Related Terms

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


Coforge (BOM:532541) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Coforge Ltd (BOM:532541) » Definitions » Cyclically Adjusted Revenue per Share
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Guru Ravi Das Marg, 8, Balaji Estate, Third Floor, Kalkaji, New Delhi, IND, 110 019
Coforge Ltd provides a variety of information technology, or IT, services. The firm's services include infrastructure management, business process, application and network testing, systems integration IP asset-based solutions, and digital services. The company's customers typically operate in the travel and transportation, banking and financial services, insurance, manufacturing, and media industries. The geographical segments of the company include Americas and Canada, Europe, Middle East and Africa, and Asia Pacific.

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