GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Reading International Inc (NAS:RDI) » Definitions » Cyclically Adjusted Revenue per Share

Reading International (Reading International) Cyclically Adjusted Revenue per Share : $11.84 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Reading International 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.

Reading International's adjusted revenue per share for the three months ended in Dec. 2023 was $1.693. 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 $11.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Reading International's average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% 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 Reading International was 19.60% per year. The lowest was -0.90% per year. And the median was 7.60% per year.

As of today (2024-05-01), Reading International's current stock price is $1.64. Reading International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.84. Reading International's Cyclically Adjusted PS Ratio of today is 0.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Reading International was 1.68. The lowest was 0.14. And the median was 0.90.


Reading International Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Reading International'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.

Reading International Cyclically Adjusted Revenue per Share Chart

Reading International 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 12.27 11.59 11.72 11.94 11.84

Reading International 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 11.94 12.01 12.03 12.06 11.84

Competitive Comparison of Reading International's Cyclically Adjusted Revenue per Share

For the Entertainment subindustry, Reading International'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.


Reading International's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Reading International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Reading International 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, Reading International'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)
=1.693/129.4194*129.4194
=1.693

Current CPI (Dec. 2023) = 129.4194.

Reading International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.471 99.695 3.208
201406 2.941 100.560 3.785
201409 2.746 100.428 3.539
201412 2.622 99.070 3.425
201503 2.575 99.621 3.345
201506 3.099 100.684 3.983
201509 2.461 100.392 3.173
201512 2.832 99.792 3.673
201603 2.753 100.470 3.546
201606 2.842 101.688 3.617
201609 3.030 101.861 3.850
201612 2.889 101.863 3.671
201703 2.960 102.862 3.724
201706 3.095 103.349 3.876
201709 2.848 104.136 3.539
201712 3.116 104.011 3.877
201803 3.280 105.290 4.032
201806 3.640 106.317 4.431
201809 3.201 106.507 3.890
201812 3.202 105.998 3.910
201903 2.659 107.251 3.209
201906 3.296 108.070 3.947
201909 3.102 108.329 3.706
201912 3.092 108.420 3.691
202003 2.225 108.902 2.644
202006 0.157 108.767 0.187
202009 0.469 109.815 0.553
202012 0.636 109.897 0.749
202103 0.961 111.754 1.113
202106 1.603 114.631 1.810
202109 1.458 115.734 1.630
202112 2.245 117.630 2.470
202203 1.787 121.301 1.907
202206 2.811 125.017 2.910
202209 2.322 125.227 2.400
202212 1.830 125.222 1.891
202303 2.000 127.348 2.033
202306 2.768 128.729 2.783
202309 2.989 129.860 2.979
202312 1.693 129.419 1.693

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


Reading International  (NAS:RDI) 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.

Reading International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.64/11.84
=0.14

* 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 Reading International was 1.68. The lowest was 0.14. And the median was 0.90.


Be Aware

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


Reading International Cyclically Adjusted Revenue per Share Related Terms

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


Reading International (Reading International) Business Description

Traded in Other Exchanges
Address
189 Second Avenue, Suite 2S, New York, NY, USA, 10003
Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial, and live theater assets.
Executives
Mark Cuban 10 percent owner 5424 DELOACHE AVENUE, DALLAS TX 75220
Robert F Smerling officer: President - Domestic Cinemas 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
Ellen M Cotter officer: COO - Domestic Cinemas C/O READING INTERNATIONAL, 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
Margaret Cotter director 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
James J. Cotter Living Trust 10 percent owner, other: Member of Sec.13(d)(3) Group 6100 CENTER DRIVE, SUITE 900, LOS ANGELES CA 90045
Edward Lewis Kane director 7405 HIGH AVE, LAJOLLA CA 92037
Gilbert Avanes officer: Vice President, FP & A 5236 MARYLAND AVE, LA CRESCENTA CA 91214
Douglas James Mceachern director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 90814
Devasis Ghose officer: Chief Financial Officer 1155 VALLEY STREET, SUITE 400, SEATTLE WA 98109
Cotter James J Jr director, 10 percent owner, officer: See Remarks C/O READING INTERNATIONAL, INC., 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
Sidney Craig Tompkins officer: EVP, General Counsel 5995 SEPULVEDA BOULEVARD, SUITE 300, CULVER CITY CA 90230
Steven John Lucas officer: VP, Controller & CAO 32 IZARD ROAD, KHANDALLAH, WELLINGTON Q2 6035
Matthew Benedict Bourke officer: Mang Dir-Real Estate- Aus & NZ 4 LUCAS STREET, EAST BRIGHTON, MELBOURNE C3 3187
Michael J. Wrotniak director 32 ELMSMERE ROAD, MOUNT VERNON NY 10552
Judy Bond Codding director 2266 CANYONBACK ROAD, LOS ANGELES CA 90049