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TechTarget (FRA:EFT) Cyclically Adjusted Revenue per Share : €5.84 (As of Mar. 2024)


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What is TechTarget 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.

TechTarget's adjusted revenue per share for the three months ended in Mar. 2024 was €1.666. 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 €5.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TechTarget's average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.90% 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 TechTarget was 17.50% per year. The lowest was -2.70% per year. And the median was 8.30% per year.

As of today (2024-05-24), TechTarget's current stock price is €27.40. TechTarget's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.84. TechTarget's Cyclically Adjusted PS Ratio of today is 4.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TechTarget was 26.17. The lowest was 1.99. And the median was 5.52.


TechTarget Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TechTarget'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.

TechTarget Cyclically Adjusted Revenue per Share Chart

TechTarget 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 3.17 2.95 4.03 4.98 5.64

TechTarget 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 5.19 5.33 5.67 5.64 5.84

Competitive Comparison of TechTarget's Cyclically Adjusted Revenue per Share

For the Internet Content & Information subindustry, TechTarget'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.


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

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

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



TechTarget 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, TechTarget'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)
=1.666/131.7762*131.7762
=1.666

Current CPI (Mar. 2024) = 131.7762.

TechTarget Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.566 100.560 0.742
201409 0.592 100.428 0.777
201412 0.690 99.070 0.918
201503 0.625 99.621 0.827
201506 0.758 100.684 0.992
201509 0.755 100.392 0.991
201512 0.799 99.792 1.055
201603 0.690 100.470 0.905
201606 0.788 101.688 1.021
201609 0.833 101.861 1.078
201612 0.894 101.863 1.157
201703 0.801 102.862 1.026
201706 0.838 103.349 1.068
201709 0.830 104.136 1.050
201712 0.906 104.011 1.148
201803 0.776 105.290 0.971
201806 0.937 106.317 1.161
201809 0.916 106.507 1.133
201812 0.982 105.998 1.221
201903 0.940 107.251 1.155
201906 1.075 108.070 1.311
201909 1.082 108.329 1.316
201912 1.134 108.420 1.378
202003 1.000 108.902 1.210
202006 1.097 108.767 1.329
202009 1.081 109.815 1.297
202012 1.281 109.897 1.536
202103 1.522 111.754 1.795
202106 1.645 114.631 1.891
202109 1.837 115.734 2.092
202112 2.352 117.630 2.635
202203 1.799 121.301 1.954
202206 2.178 125.017 2.296
202209 2.304 125.227 2.425
202212 2.051 125.222 2.158
202303 1.842 127.348 1.906
202306 1.677 128.729 1.717
202309 1.898 129.860 1.926
202312 1.842 129.419 1.876
202403 1.666 131.776 1.666

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


TechTarget  (FRA:EFT) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.40/5.84
=4.69

* 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 TechTarget was 26.17. The lowest was 1.99. And the median was 5.52.


Be Aware

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


TechTarget Cyclically Adjusted Revenue per Share Related Terms

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


TechTarget (FRA:EFT) Business Description

Industry
Traded in Other Exchanges
Address
275 Grove Street, Newton, MA, USA, 02466
TechTarget Inc is a global data, software and analytics leader for purchase intent-driven marketing and sales data which delivers business impact for business-to-business ("B2B") companies. The company solutions are designed to enable B2B technology companies to identify, reach, and influence key enterprise technology decision makers faster and with higher efficacy. Geographically, it derives a majority of revenue North America. Some of its products include Priority Engine; Lead Generation and others.