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Firstsource Solutions (NSE:FSL) Cyclically Adjusted Revenue per Share : ₹78.54 (As of Mar. 2024)


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What is Firstsource Solutions 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.

Firstsource Solutions's adjusted revenue per share for the three months ended in Mar. 2024 was ₹23.887. 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 ₹78.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Firstsource Solutions's average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 Firstsource Solutions was 5.00% per year. The lowest was 4.90% per year. And the median was 4.95% per year.

As of today (2024-06-05), Firstsource Solutions's current stock price is ₹181.90. Firstsource Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹78.54. Firstsource Solutions's Cyclically Adjusted PS Ratio of today is 2.32.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Firstsource Solutions was 3.33. The lowest was 0.43. And the median was 1.59.


Firstsource Solutions Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Firstsource Solutions'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.

Firstsource Solutions Cyclically Adjusted Revenue per Share Chart

Firstsource Solutions 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 63.69 67.92 70.45 73.97 78.54

Firstsource Solutions 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 73.97 76.34 76.83 77.89 78.54

Competitive Comparison of Firstsource Solutions's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, Firstsource Solutions'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.


Firstsource Solutions's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Firstsource Solutions 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, Firstsource Solutions'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)
=23.887/153.0345*153.0345
=23.887

Current CPI (Mar. 2024) = 153.0345.

Firstsource Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.018 94.103 17.918
201409 10.936 96.780 17.293
201412 10.383 96.780 16.418
201503 10.748 97.163 16.928
201506 10.536 99.841 16.149
201509 11.223 101.753 16.879
201512 11.529 102.901 17.146
201603 12.734 102.518 19.009
201606 12.527 105.961 18.092
201609 12.510 105.961 18.068
201612 12.531 105.196 18.230
201703 12.562 105.196 18.275
201706 12.357 107.109 17.655
201709 12.311 109.021 17.281
201712 12.572 109.404 17.586
201803 12.672 109.786 17.664
201806 13.087 111.317 17.992
201809 13.532 115.142 17.985
201812 13.971 115.142 18.569
201903 13.909 118.202 18.008
201906 13.998 120.880 17.722
201909 13.983 123.175 17.373
201912 15.049 126.235 18.244
202003 15.360 124.705 18.849
202006 15.091 127.000 18.185
202009 16.787 130.118 19.744
202012 19.197 130.889 22.445
202103 20.397 131.771 23.688
202106 20.987 134.084 23.953
202109 20.589 135.847 23.194
202112 20.490 138.161 22.696
202203 21.603 138.822 23.815
202206 20.654 142.347 22.205
202209 20.886 144.661 22.095
202212 21.418 145.763 22.486
202303 22.137 146.865 23.067
202306 21.812 150.280 22.212
202309 21.972 151.492 22.196
202312 22.796 152.924 22.812
202403 23.887 153.035 23.887

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


Firstsource Solutions  (NSE:FSL) 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.

Firstsource Solutions's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=181.90/78.54
=2.32

* 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 Firstsource Solutions was 3.33. The lowest was 0.43. And the median was 1.59.


Be Aware

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


Firstsource Solutions Cyclically Adjusted Revenue per Share Related Terms

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


Firstsource Solutions (NSE:FSL) Business Description

Industry
Traded in Other Exchanges
Address
Mindspace, Link Road, 5th Floor, Paradigm ‘B’ Wing, Malad (West), Mumbai, MH, IND, 400 064
Firstsource Solutions Ltd is engaged in the business of providing customer management services like contact centers, transaction processing, and debt collection services. The company's business segment includes Banking and Financial Services, Healthcare, Communication, Media and Technology, and Diverse Industries. It generates maximum revenue from the Banking and Financial Services segment. Geographically, it derives a majority of its revenue from the United States of America.

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