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Ceragon Networks (Ceragon Networks) Cyclically Adjusted Revenue per Share : $4.84 (As of Dec. 2023)


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What is Ceragon Networks 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.

Ceragon Networks's adjusted revenue per share for the three months ended in Dec. 2023 was $1.049. 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 $4.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ceragon Networks's average Cyclically Adjusted Revenue Growth Rate was -11.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -11.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -8.60% 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 Ceragon Networks was 23.50% per year. The lowest was -11.50% per year. And the median was 0.45% per year.

As of today (2024-04-27), Ceragon Networks's current stock price is $2.76. Ceragon Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.84. Ceragon Networks's Cyclically Adjusted PS Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ceragon Networks was 0.86. The lowest was 0.12. And the median was 0.35.


Ceragon Networks Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ceragon Networks'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.

Ceragon Networks Cyclically Adjusted Revenue per Share Chart

Ceragon Networks 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 7.38 6.99 6.31 5.49 4.84

Ceragon Networks 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 5.49 5.36 5.20 5.02 4.84

Competitive Comparison of Ceragon Networks's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Ceragon Networks'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.


Ceragon Networks's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Ceragon Networks 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, Ceragon Networks'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)
=1.049/129.4194*129.4194
=1.049

Current CPI (Dec. 2023) = 129.4194.

Ceragon Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.344 99.695 1.745
201406 1.711 100.560 2.202
201409 1.455 100.428 1.875
201412 1.445 99.070 1.888
201503 1.214 99.621 1.577
201506 1.227 100.684 1.577
201509 1.104 100.392 1.423
201512 0.974 99.792 1.263
201603 0.771 100.470 0.993
201606 0.898 101.688 1.143
201609 0.998 101.861 1.268
201612 1.064 101.863 1.352
201703 0.977 102.862 1.229
201706 1.164 103.349 1.458
201709 0.955 104.136 1.187
201712 1.091 104.011 1.358
201803 1.040 105.290 1.278
201806 1.092 106.317 1.329
201809 1.066 106.507 1.295
201812 1.046 105.998 1.277
201903 0.840 107.251 1.014
201906 0.890 108.070 1.066
201909 0.884 108.329 1.056
201912 0.884 108.420 1.055
202003 0.692 108.902 0.822
202006 0.771 108.767 0.917
202009 0.861 109.815 1.015
202012 0.908 109.897 1.069
202103 0.827 111.754 0.958
202106 0.823 114.631 0.929
202109 0.899 115.734 1.005
202112 0.927 117.630 1.020
202203 0.838 121.301 0.894
202206 0.841 125.017 0.871
202209 0.934 125.227 0.965
202212 0.895 125.222 0.925
202303 0.981 127.348 0.997
202306 1.010 128.729 1.015
202309 1.021 129.860 1.018
202312 1.049 129.419 1.049

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


Ceragon Networks  (NAS:CRNT) 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.

Ceragon Networks's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.76/4.84
=0.57

* 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 Ceragon Networks was 0.86. The lowest was 0.12. And the median was 0.35.


Be Aware

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


Ceragon Networks Cyclically Adjusted Revenue per Share Related Terms

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


Ceragon Networks (Ceragon Networks) Business Description

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Ceragon Networks Ltd offers wireless backhaul solutions. Its products comprise of FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform, and Network Management. The company provides its services to wireless service providers, public safety organizations, government agencies and utility companies. The company's FibeAir IP-20 platform offers flexibility in choosing all-outdoor, split-mount and all-indoor configurations to suit any deployment scenario. Its products include short haul-access, short haul-aggregation, small cells, long haul, and enterprise access. Geographically, it derives majority revenue from India and also has a presence in North America, Europe, Africa, Asia-Pacific, and the Middle East and Latin America.