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Eltek (ELTK) Cyclically Adjusted Revenue per Share : $16.35 (As of Dec. 2023)


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What is Eltek 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.

Eltek's adjusted revenue per share for the three months ended in Dec. 2023 was $2.038. 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 $16.35 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Eltek's average Cyclically Adjusted Revenue Growth Rate was -16.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -12.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -9.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -6.70% 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 Eltek was 2.00% per year. The lowest was -12.00% per year. And the median was -3.90% per year.

As of today (2024-05-15), Eltek's current stock price is $10.47. Eltek's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $16.35. Eltek's Cyclically Adjusted PS Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Eltek was 1.20. The lowest was 0.05. And the median was 0.18.


Eltek Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Eltek'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.

Eltek Cyclically Adjusted Revenue per Share Chart

Eltek Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.24 24.03 21.93 19.57 16.35

Eltek 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 19.57 18.88 18.05 17.14 16.35

Competitive Comparison of Eltek's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Eltek'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.


Eltek's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Eltek 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, Eltek'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)
=2.038/129.4194*129.4194
=2.038

Current CPI (Dec. 2023) = 129.4194.

Eltek Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.044 99.695 7.846
201406 5.930 100.560 7.632
201409 5.782 100.428 7.451
201412 5.227 99.070 6.828
201503 4.789 99.621 6.221
201506 5.117 100.684 6.577
201509 5.344 100.392 6.889
201512 5.132 99.792 6.656
201603 4.830 100.470 6.222
201606 4.881 101.688 6.212
201609 4.560 101.861 5.794
201612 3.999 101.863 5.081
201703 4.173 102.862 5.250
201706 3.692 103.349 4.623
201709 3.796 104.136 4.718
201712 4.481 104.011 5.576
201803 4.408 105.290 5.418
201806 4.272 106.317 5.200
201809 4.191 106.507 5.093
201812 3.861 105.998 4.714
201903 4.305 107.251 5.195
201906 1.976 108.070 2.366
201909 2.118 108.329 2.530
201912 1.959 108.420 2.338
202003 2.090 108.902 2.484
202006 2.007 108.767 2.388
202009 2.113 109.815 2.490
202012 1.953 109.897 2.300
202103 1.228 111.754 1.422
202106 1.555 114.631 1.756
202109 1.364 115.734 1.525
202112 1.624 117.630 1.787
202203 1.670 121.301 1.782
202206 1.554 125.017 1.609
202209 1.765 125.227 1.824
202212 1.790 125.222 1.850
202303 1.960 127.348 1.992
202306 1.858 128.729 1.868
202309 1.981 129.860 1.974
202312 2.038 129.419 2.038

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


Eltek  (NAS:ELTK) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.47/16.35
=0.64

* 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 Eltek was 1.20. The lowest was 0.05. And the median was 0.18.


Be Aware

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


Eltek Cyclically Adjusted Revenue per Share Related Terms

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


Eltek (ELTK) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eltek Ltd (NAS:ELTK) » Definitions » Cyclically Adjusted Revenue per Share
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Address
20 Ben Zion Gelis Street, Sgoola Industrial Zone, Petach Tikva, ISR, 4927920
Eltek Ltd is engaged in the technology business sector that manufactures and supplies technologically new custom-made circuitry solutions. It manufactures, markets, and sells custom-made printed circuit boards (PCBs), including high-density interconnects. The Company markets its products mainly to the medical technology, defense and aerospace, industrial, telecom, and networking equipment industries. Geographically, the group offers its products and services in Israel, Europe, the Netherlands, India, North America, and other countries, in which key revenue is generated from Israel.