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SPS Commerce (STU:S86) Cyclically Adjusted Revenue per Share : €8.86 (As of Mar. 2024)


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What is SPS Commerce 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.

SPS Commerce's adjusted revenue per share for the three months ended in Mar. 2024 was €3.651. 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 €8.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SPS Commerce's average Cyclically Adjusted Revenue Growth Rate was 16.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% 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 SPS Commerce was 18.80% per year. The lowest was -12.00% per year. And the median was 18.30% per year.

As of today (2024-06-06), SPS Commerce's current stock price is €170.00. SPS Commerce's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €8.86. SPS Commerce's Cyclically Adjusted PS Ratio of today is 19.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SPS Commerce was 27.24. The lowest was 3.28. And the median was 16.36.


SPS Commerce Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for SPS Commerce'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.

SPS Commerce Cyclically Adjusted Revenue per Share Chart

SPS Commerce 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 4.35 4.49 5.99 7.44 8.44

SPS Commerce 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 7.38 7.95 8.55 8.44 8.86

Competitive Comparison of SPS Commerce's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, SPS Commerce'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.


SPS Commerce's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



SPS Commerce 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, SPS Commerce'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)
=3.651/131.7762*131.7762
=3.651

Current CPI (Mar. 2024) = 131.7762.

SPS Commerce Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.683 100.560 0.895
201409 0.752 100.428 0.987
201412 0.851 99.070 1.132
201503 1.004 99.621 1.328
201506 1.018 100.684 1.332
201509 1.054 100.392 1.384
201512 1.143 99.792 1.509
201603 1.202 100.470 1.577
201606 1.231 101.688 1.595
201609 1.266 101.861 1.638
201612 1.386 101.863 1.793
201703 1.394 102.862 1.786
201706 1.385 103.349 1.766
201709 1.351 104.136 1.710
201712 1.423 104.011 1.803
201803 1.385 105.290 1.733
201806 1.490 106.317 1.847
201809 1.518 106.507 1.878
201812 1.614 105.998 2.007
201903 1.646 107.251 2.022
201906 1.684 108.070 2.053
201909 1.792 108.329 2.180
201912 1.811 108.420 2.201
202003 1.869 108.902 2.262
202006 1.863 108.767 2.257
202009 1.857 109.815 2.228
202012 1.864 109.897 2.235
202103 2.061 111.754 2.430
202106 2.135 114.631 2.454
202109 2.248 115.734 2.560
202112 2.448 117.630 2.742
202203 2.582 121.301 2.805
202206 2.802 125.017 2.953
202209 3.132 125.227 3.296
202212 3.114 125.222 3.277
202303 3.164 127.348 3.274
202306 3.216 128.729 3.292
202309 3.382 129.860 3.432
202312 3.531 129.419 3.595
202403 3.651 131.776 3.651

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


SPS Commerce  (STU:S86) 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.

SPS Commerce's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=170.00/8.86
=19.19

* 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 SPS Commerce was 27.24. The lowest was 3.28. And the median was 16.36.


Be Aware

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


SPS Commerce Cyclically Adjusted Revenue per Share Related Terms

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


SPS Commerce (STU:S86) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » SPS Commerce Inc (STU:S86) » Definitions » Cyclically Adjusted Revenue per Share
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Address
333 South Seventh Street, Suite 1000, Minneapolis, MN, USA, 55402
SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. Its products are; Fulfillment, Analytics, and Other products like Assortment and Community also it provides one-time services such as professional services and testing and certification. The group derives revenue from recurring monthly fees and set-up fees.

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