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Lenovo Group (FRA:LHL) Cyclically Adjusted Revenue per Share : €4.35 (As of Mar. 2024)


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What is Lenovo Group 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.

Lenovo Group's adjusted revenue per share for the three months ended in Mar. 2024 was €0.977. 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 €4.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lenovo Group's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 Lenovo Group was 14.50% per year. The lowest was 4.80% per year. And the median was 7.50% per year.

As of today (2024-05-25), Lenovo Group's current stock price is €1.311. Lenovo Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.35. Lenovo Group's Cyclically Adjusted PS Ratio of today is 0.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lenovo Group was 0.63. The lowest was 0.12. And the median was 0.22.


Lenovo Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Lenovo Group'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.

Lenovo Group Cyclically Adjusted Revenue per Share Chart

Lenovo Group 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 3.71 3.62 4.04 4.30 4.35

Lenovo Group 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 4.30 4.27 4.41 4.26 4.35

Competitive Comparison of Lenovo Group's Cyclically Adjusted Revenue per Share

For the Computer Hardware subindustry, Lenovo Group'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.


Lenovo Group's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Lenovo Group 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, Lenovo Group'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)
=0.977/117.7354*117.7354
=0.977

Current CPI (Mar. 2024) = 117.7354.

Lenovo Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.729 96.409 0.890
201409 0.771 97.948 0.927
201412 1.037 99.707 1.225
201503 0.942 99.927 1.110
201506 0.851 99.267 1.009
201509 0.976 99.927 1.150
201512 1.065 102.015 1.229
201603 0.741 102.785 0.849
201606 0.809 101.686 0.937
201609 0.906 102.565 1.040
201612 1.049 103.225 1.196
201703 0.817 103.335 0.931
201706 0.814 103.664 0.924
201709 0.896 103.994 1.014
201712 0.957 104.984 1.073
201803 0.728 105.973 0.809
201806 0.860 106.193 0.953
201809 0.955 106.852 1.052
201812 1.015 107.622 1.110
201903 0.841 108.172 0.915
201906 0.856 109.601 0.920
201909 0.947 110.260 1.011
201912 0.988 110.700 1.051
202003 0.754 110.920 0.800
202006 0.943 110.590 1.004
202009 0.960 107.512 1.051
202012 1.084 109.711 1.163
202103 0.932 111.579 0.983
202106 1.044 111.360 1.104
202109 1.157 109.051 1.249
202112 1.353 112.349 1.418
202203 1.187 113.558 1.231
202206 1.226 113.448 1.272
202209 1.317 113.778 1.363
202212 1.103 114.548 1.134
202303 0.935 115.427 0.954
202306 0.914 115.647 0.931
202309 1.034 116.087 1.049
202312 1.104 117.296 1.108
202403 0.977 117.735 0.977

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


Lenovo Group  (FRA:LHL) 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.

Lenovo Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.311/4.35
=0.30

* 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 Lenovo Group was 0.63. The lowest was 0.12. And the median was 0.22.


Be Aware

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


Lenovo Group Cyclically Adjusted Revenue per Share Related Terms

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


Lenovo Group (FRA:LHL) Business Description

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979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Lenovo is a global technology hardware company with a leading market share in personal computers. Its operations are divided into three main business segments: PC and smart devices, mobile, and data center, which we expect to account for 55%, 11%, and 19% of sales in the midterm, respectively. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 16% of overall sales in fiscal 2022, from 6% in 2015.

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