GURUFOCUS.COM » STOCK LIST » Technology » Software » Amdocs Ltd (NAS:DOX) » Definitions » Cyclically Adjusted Revenue per Share

Amdocs (Amdocs) Cyclically Adjusted Revenue per Share : $35.54 (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Amdocs 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.

Amdocs's adjusted revenue per share for the three months ended in Dec. 2023 was $10.788. 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 $35.54 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Amdocs's average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% 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 Amdocs was 12.20% per year. The lowest was 7.50% per year. And the median was 9.25% per year.

As of today (2024-04-27), Amdocs's current stock price is $84.98. Amdocs's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $35.54. Amdocs's Cyclically Adjusted PS Ratio of today is 2.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Amdocs was 3.40. The lowest was 1.89. And the median was 2.80.


Amdocs Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Amdocs'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.

Amdocs Cyclically Adjusted Revenue per Share Chart

Amdocs Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.34 26.07 28.84 32.58 35.29

Amdocs 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 32.92 33.84 34.57 35.29 35.54

Competitive Comparison of Amdocs's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, Amdocs'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.


Amdocs's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Amdocs 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, Amdocs'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)
=10.788/129.4194*129.4194
=10.788

Current CPI (Dec. 2023) = 129.4194.

Amdocs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.528 99.695 7.176
201406 5.580 100.560 7.181
201409 5.722 100.428 7.374
201412 5.799 99.070 7.576
201503 5.793 99.621 7.526
201506 5.855 100.684 7.526
201509 6.029 100.392 7.772
201512 6.079 99.792 7.884
201603 6.148 100.470 7.919
201606 6.222 101.688 7.919
201609 6.365 101.861 8.087
201612 6.488 101.863 8.243
201703 6.582 102.862 8.281
201706 6.617 103.349 8.286
201709 6.757 104.136 8.398
201712 6.778 104.011 8.434
201803 6.923 105.290 8.510
201806 7.050 106.317 8.582
201809 7.119 106.507 8.651
201812 7.203 105.998 8.795
201903 7.379 107.251 8.904
201906 7.527 108.070 9.014
201909 7.512 108.329 8.974
201912 7.734 108.420 9.232
202003 7.804 108.902 9.274
202006 7.741 108.767 9.211
202009 7.998 109.815 9.426
202012 8.327 109.897 9.806
202103 8.108 111.754 9.390
202106 8.327 114.631 9.401
202109 8.947 115.734 10.005
202112 8.931 117.630 9.826
202203 9.387 121.301 10.015
202206 9.486 125.017 9.820
202209 9.907 125.227 10.239
202212 9.912 125.222 10.244
202303 10.255 127.348 10.422
202306 10.341 128.729 10.396
202309 10.970 129.860 10.933
202312 10.788 129.419 10.788

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


Amdocs  (NAS:DOX) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=84.98/35.54
=2.39

* 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 Amdocs was 3.40. The lowest was 1.89. And the median was 2.80.


Be Aware

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


Amdocs Cyclically Adjusted Revenue per Share Related Terms

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


Amdocs (Amdocs) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Amdocs Ltd (NAS:DOX) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
625 Maryville Centre Drive, Suite 200, Saint Louis, MO, USA, 63141
Amdocs Ltd is a provider of software and services to communications, cable and satellite, entertainment, and media industry service providers. The Company and its subsidiaries operate in one operating segment, providing software products and services for the communications, entertainment and media industry service being designed, develop, market, support, implement, and operate its open and modular cloud offering. The company offers business support systems, operational support systems, and managed services. Geographically, it derives a majority of revenue from North America and also has a presence in Europe and the Rest of the world.