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Avnet (AVT) Cyclically Adjusted Revenue per Share : $215.62 (As of Dec. 2023)


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What is Avnet 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.

Avnet's adjusted revenue per share for the three months ended in Dec. 2023 was $67.598. 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 $215.62 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Avnet's average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 10 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 Avnet was 16.90% per year. The lowest was 0.60% per year. And the median was 6.20% per year.

As of today (2024-04-29), Avnet's current stock price is $50.10. Avnet's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $215.62. Avnet's Cyclically Adjusted PS Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Avnet was 0.32. The lowest was 0.13. And the median was 0.25.


Avnet Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Avnet'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.

Avnet Cyclically Adjusted Revenue per Share Chart

Avnet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.11 174.82 183.27 202.89 213.86

Avnet 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 206.02 210.69 213.86 216.57 215.62

Competitive Comparison of Avnet's Cyclically Adjusted Revenue per Share

For the Electronics & Computer Distribution subindustry, Avnet'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.


Avnet's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Avnet 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, Avnet'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)
=67.598/129.4194*129.4194
=67.598

Current CPI (Dec. 2023) = 129.4194.

Avnet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 47.679 99.695 61.895
201406 50.193 100.560 64.598
201409 48.559 100.428 62.577
201412 54.341 99.070 70.988
201503 48.917 99.621 63.549
201506 -25.236 100.684 -32.438
201509 33.749 100.392 43.507
201512 30.842 99.792 39.999
201603 31.006 100.470 39.940
201606 30.578 101.688 38.917
201609 31.736 101.861 40.322
201612 32.786 101.863 41.656
201703 34.318 102.862 43.178
201706 36.833 103.349 46.124
201709 37.593 104.136 46.720
201712 37.139 104.011 46.211
201803 40.092 105.290 49.280
201806 43.259 106.317 52.659
201809 43.701 106.507 53.102
201812 45.298 105.998 55.307
201903 43.179 107.251 52.104
201906 43.979 108.070 52.667
201909 44.359 108.329 52.995
201912 44.765 108.420 53.435
202003 43.324 108.902 51.487
202006 42.078 108.767 50.068
202009 47.757 109.815 56.283
202012 46.713 109.897 55.011
202103 49.046 111.754 56.799
202106 51.939 114.631 58.639
202109 55.231 115.734 61.762
202112 58.485 117.630 64.347
202203 65.217 121.301 69.582
202206 64.771 125.017 67.052
202209 70.582 125.227 72.945
202212 72.422 125.222 74.850
202303 70.462 127.348 71.608
202306 70.766 128.729 71.146
202309 67.995 129.860 67.765
202312 67.598 129.419 67.598

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


Avnet  (NAS:AVT) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=50.10/215.62
=0.23

* 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 Avnet was 0.32. The lowest was 0.13. And the median was 0.25.


Be Aware

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


Avnet Cyclically Adjusted Revenue per Share Related Terms

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


Avnet (AVT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avnet Inc (NAS:AVT) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
2211 South 47th Street, Phoenix, AZ, USA, 85034
Avnet Inc is a global distributor of electronic components, connecting suppliers of semiconductors and other components to a base of 2.1 million small- and mid-sized customers in 140 countries. Avnet is the third largest semiconductor distributor in the world, and the largest for European chip distribution. Avnet services all levels of electronics design and development, servicing engineers with design tools, test kits, and services alongside its high-volume distribution for final designs.
Executives
James A Lawrence director 2211 S 47TH ST, PHOENIX AZ 85034
Philip R Gallagher officer: Senior Vice President C/O AVNET, INC., 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Rebeca Obregon-jimenez officer: SVP 3748 E MARE COURT, PHOENIX AZ 85044
Thomas Liguori officer: Chief Financial Officer ADVANCED ENERGY INDUSTRIES, INC., 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
William H Schumann director 200 E RANDOLPH DRIVE, CHICAGO IL 60601
Elizabeth Mcmullen officer: Global VP - Operations 2211 S 47TH ST, PHOENIX AZ 85034
Ernest E Maddock director LAM RESEARCH, 4650 CUSHING PARKWAY, FREMONT CA 94538
Kenneth A Jacobson officer: Interim CFO 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Leng Jin Chan officer: CIO 2211 S 47TH ST, PHOENIX AZ 85034
Dayna Badhorn officer: Global VP, Strategic Planning 2211 S 47TH ST, PHOENIX AZ 85034
Oleg Khaykin director
Maryann G. Miller officer: Sr. Vice President C/O AVNET, INC., 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Michael Ryan Mccoy officer: SVP, General Counsel 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Carlo Bozotti director 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Adalio T Sanchez director 6060 COVENTRY DRIVE, ELKHORN NE 68022

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