GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » JOYY Inc (FRA:0YYA) » Definitions » Cyclically Adjusted Revenue per Share

JOYY (FRA:0YYA) Cyclically Adjusted Revenue per Share : €29.41 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is JOYY 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.

JOYY's adjusted revenue per share for the three months ended in Mar. 2024 was €7.735. 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 €29.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JOYY's average Cyclically Adjusted Revenue Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.10% 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 JOYY was 16.10% per year. The lowest was 16.10% per year. And the median was 16.10% per year.

As of today (2024-06-02), JOYY's current stock price is €28.60. JOYY's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €29.41. JOYY's Cyclically Adjusted PS Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of JOYY was 6.76. The lowest was 0.89. And the median was 1.33.


JOYY Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for JOYY'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.

JOYY Cyclically Adjusted Revenue per Share Chart

JOYY 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 - 15.77 19.21 26.28 27.64

JOYY 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 26.91 27.08 28.97 27.64 29.41

Competitive Comparison of JOYY's Cyclically Adjusted Revenue per Share

For the Internet Content & Information subindustry, JOYY'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.


JOYY's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, JOYY's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



JOYY 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, JOYY'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)
=7.735/131.7762*131.7762
=7.735

Current CPI (Mar. 2024) = 131.7762.

JOYY Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.662 100.560 2.178
201409 2.102 100.428 2.758
201412 2.504 99.070 3.331
201503 2.887 99.621 3.819
201506 3.215 100.684 4.208
201509 3.667 100.392 4.813
201512 4.512 99.792 5.958
201603 4.008 100.470 5.257
201606 4.371 101.688 5.664
201609 4.590 101.861 5.938
201612 5.044 101.863 6.525
201703 5.045 102.862 6.463
201706 5.951 103.349 7.588
201709 6.433 104.136 8.141
201712 7.308 104.011 9.259
201803 6.476 105.290 8.105
201806 7.633 106.317 9.461
201809 7.882 106.507 9.752
201812 9.179 105.998 11.411
201903 9.050 107.251 11.120
201906 6.910 108.070 8.426
201909 7.268 108.329 8.841
201912 12.082 108.420 14.685
202003 3.869 108.902 4.682
202006 5.282 108.767 6.399
202009 4.875 109.815 5.850
202012 5.825 109.897 6.985
202103 6.820 111.754 8.042
202106 7.042 114.631 8.095
202109 6.978 115.734 7.945
202112 6.687 117.630 7.491
202203 7.771 121.301 8.442
202206 7.769 125.017 8.189
202209 7.213 125.227 7.590
202212 7.059 125.222 7.428
202303 6.743 127.348 6.977
202306 6.572 128.729 6.728
202309 7.852 129.860 7.968
202312 7.752 129.419 7.893
202403 7.735 131.776 7.735

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


JOYY  (FRA:0YYA) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28.60/29.41
=0.97

* 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 JOYY was 6.76. The lowest was 0.89. And the median was 1.33.


Be Aware

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


JOYY Cyclically Adjusted Revenue per Share Related Terms

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


JOYY (FRA:0YYA) Business Description

Industry
Traded in Other Exchanges
Address
30 Pasir Panjang Road, No. 15-31A, Mapletree Business City, Singapore, SGP, 117440
JOYY Inc is a global technology company offering comprehensive innovation capabilities. The company enables users to interact with others in real time. The group is actively exploring and expanding its global commerce Software-as-a-Service and solutions business. JOYY emphasizes technological innovation and is recognized in the industry for its significant number of patent applications and licenses.

JOYY (FRA:0YYA) Headlines

No Headlines