GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Yes Bank Ltd (BOM:532648) » Definitions » Cyclically Adjusted Revenue per Share

Yes Bank (BOM:532648) Cyclically Adjusted Revenue per Share : ₹24.81 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Yes Bank 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.

Yes Bank's adjusted revenue per share for the three months ended in Mar. 2024 was ₹1.298. 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 ₹24.81 for the trailing ten years ended in Mar. 2024.

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 (2024-05-19), Yes Bank's current stock price is ₹23.01. Yes Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹24.81. Yes Bank's Cyclically Adjusted PS Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Yes Bank was 1.23. The lowest was 0.91. And the median was 0.98.


Yes Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Yes Bank'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.

Yes Bank Cyclically Adjusted Revenue per Share Chart

Yes Bank 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 - - - - 24.81

Yes Bank 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 - - - 25.52 24.81

Competitive Comparison of Yes Bank's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Yes Bank'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.


Yes Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Yes Bank's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yes Bank 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, Yes Bank'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)
=1.298/153.0345*153.0345
=1.298

Current CPI (Mar. 2024) = 153.0345.

Yes Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200603 0.000 45.521 0.000
200703 0.000 48.581 0.000
200803 0.000 52.407 0.000
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201206 4.296 79.567 8.263
201209 4.498 82.244 8.370
201212 5.020 83.774 9.170
201303 5.434 85.687 9.705
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 16.886 111.317 23.214
201809 16.441 115.142 21.852
201812 15.397 115.142 20.464
201903 10.181 118.202 13.181
201906 15.323 120.880 19.399
201909 13.739 123.175 17.070
201912 6.761 126.235 8.196
202003 -3.623 124.705 -4.446
202006 2.243 127.000 2.703
202009 1.078 130.118 1.268
202012 1.494 130.889 1.747
202103 0.125 131.771 0.145
202106 0.903 134.084 1.031
202109 0.939 135.847 1.058
202112 1.047 138.161 1.160
202203 0.754 138.822 0.831
202206 1.089 142.347 1.171
202209 1.125 144.661 1.190
202212 1.118 145.763 1.174
202303 1.071 146.865 1.116
202306 1.103 150.280 1.123
202309 1.114 151.492 1.125
202312 1.078 152.924 1.079
202403 1.298 153.035 1.298

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


Yes Bank  (BOM:532648) 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.

Yes Bank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.01/24.81
=0.93

* 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 Yes Bank was 1.23. The lowest was 0.91. And the median was 0.98.


Be Aware

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


Yes Bank Cyclically Adjusted Revenue per Share Related Terms

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


Yes Bank (BOM:532648) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Yes Bank Ltd (BOM:532648) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
Off Western Express Highway, Yes Bank House, Santacruz (East), Mumbai, MH, IND, 400 055
Yes Bank Ltd is a full-service commercial bank operating in India. The bank's activities include corporate banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management services. A majority of the bank's earning assets are loans. The bank's loan portfolio is diversified across various industries, including food and agriculture, life sciences and information technology, tourism, hospitality, media and entertainment, renewable energy, education, and social infrastructure. Services and agriculture constitute approximately half of the bank's priority sector loans. The company reportable segments include Treasury, Corporate / Wholesale Banking, Retail Banking and Other Banking Operations.

Yes Bank (BOM:532648) Headlines

No Headlines