GURUFOCUS.COM » STOCK LIST » Technology » Software » VIQ Solutions Inc (TSX:VQS) » Definitions » Cyclically Adjusted Revenue per Share

VIQ Solutions (TSX:VQS) Cyclically Adjusted Revenue per Share : C$2.38 (As of Sep. 2023)


View and export this data going back to 2005. Start your Free Trial

What is VIQ Solutions 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.

VIQ Solutions's adjusted revenue per share for the three months ended in Sep. 2023 was C$0.352. 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 C$2.38 for the trailing ten years ended in Sep. 2023.

During the past 12 months, VIQ Solutions's average Cyclically Adjusted Revenue Growth Rate was -5.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.20% 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 VIQ Solutions was -1.10% per year. The lowest was -4.90% per year. And the median was -2.80% per year.

As of today (2024-06-09), VIQ Solutions's current stock price is C$0.24. VIQ Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was C$2.38. VIQ Solutions's Cyclically Adjusted PS Ratio of today is 0.10.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of VIQ Solutions was 3.45. The lowest was 0.05. And the median was 0.93.


VIQ Solutions Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for VIQ Solutions'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.

VIQ Solutions Cyclically Adjusted Revenue per Share Chart

VIQ Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.70 2.77 2.68 2.55 2.47

VIQ Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.53 2.47 2.43 2.41 2.38

Competitive Comparison of VIQ Solutions's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, VIQ Solutions'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.


VIQ Solutions's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



VIQ Solutions 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, VIQ Solutions's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.352/125.2304*125.2304
=0.352

Current CPI (Sep. 2023) = 125.2304.

VIQ Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.053 96.945 0.068
201403 0.574 98.604 0.729
201406 0.600 99.473 0.755
201409 0.585 99.394 0.737
201412 0.495 98.367 0.630
201503 0.533 99.789 0.669
201506 0.488 100.500 0.608
201509 0.480 100.421 0.599
201512 0.468 99.947 0.586
201603 0.448 101.054 0.555
201606 0.535 102.002 0.657
201609 0.479 101.765 0.589
201612 0.382 101.449 0.472
201703 0.527 102.634 0.643
201706 0.573 103.029 0.696
201709 0.528 103.345 0.640
201712 0.403 103.345 0.488
201803 0.460 105.004 0.549
201806 0.536 105.557 0.636
201809 0.493 105.636 0.584
201812 0.347 105.399 0.412
201903 0.927 106.979 1.085
201906 0.871 107.690 1.013
201909 0.850 107.611 0.989
201912 0.739 107.769 0.859
202003 0.698 107.927 0.810
202006 0.609 108.401 0.704
202009 0.585 108.164 0.677
202012 0.489 108.559 0.564
202103 0.424 110.298 0.481
202106 0.400 111.720 0.448
202109 0.341 112.905 0.378
202112 0.321 113.774 0.353
202203 0.488 117.646 0.519
202206 0.552 120.806 0.572
202209 0.480 120.648 0.498
202212 0.406 120.964 0.420
202303 0.397 122.702 0.405
202306 0.402 124.203 0.405
202309 0.352 125.230 0.352

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


VIQ Solutions  (TSX:VQS) 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.

VIQ Solutions's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.24/2.38
=0.10

* 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 VIQ Solutions was 3.45. The lowest was 0.05. And the median was 0.93.


Be Aware

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


VIQ Solutions Cyclically Adjusted Revenue per Share Related Terms

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


VIQ Solutions (TSX:VQS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » VIQ Solutions Inc (TSX:VQS) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
5915 Airport Road, Suite 700, Mississauga, ON, CAN, L4V 1T1
VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United Kingdom, Canada, the United States, and internationally. The reportable segments of the company are technology and related revenue which develops, distributes, and licenses computer-based digital solutions, and the technology services which provide recording and transcription services.
Executives
Yixin (shing) Pan Director

VIQ Solutions (TSX:VQS) Headlines

No Headlines