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EMCORE (EMCORE) Cyclically Adjusted Revenue per Share : $36.05 (As of Dec. 2023)


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What is EMCORE 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.

EMCORE's adjusted revenue per share for the three months ended in Dec. 2023 was $2.711. 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 $36.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, EMCORE's average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -6.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -9.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -11.10% 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 EMCORE was 2.50% per year. The lowest was -13.70% per year. And the median was -8.15% per year.

As of today (2024-04-27), EMCORE's current stock price is $2.73. EMCORE's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $36.05. EMCORE's Cyclically Adjusted PS Ratio of today is 0.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of EMCORE was 2.36. The lowest was 0.07. And the median was 0.68.


EMCORE Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for EMCORE'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.

EMCORE Cyclically Adjusted Revenue per Share Chart

EMCORE 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 51.40 44.91 40.79 36.44 36.55

EMCORE 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 34.54 33.66 32.88 36.55 36.05

Competitive Comparison of EMCORE's Cyclically Adjusted Revenue per Share

For the Semiconductors subindustry, EMCORE'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.


EMCORE's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



EMCORE 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, EMCORE'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)
=2.711/129.4194*129.4194
=2.711

Current CPI (Dec. 2023) = 129.4194.

EMCORE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.262 99.695 5.533
201406 4.434 100.560 5.707
201409 4.451 100.428 5.736
201412 5.899 99.070 7.706
201503 5.940 99.621 7.717
201506 6.743 100.684 8.667
201509 9.002 100.392 11.605
201512 8.751 99.792 11.349
201603 8.301 100.470 10.693
201606 8.518 101.688 10.841
201609 9.306 101.861 11.824
201612 11.160 101.863 14.179
201703 11.813 102.862 14.863
201706 11.126 103.349 13.933
201709 10.598 104.136 13.171
201712 8.892 104.011 11.064
201803 6.847 105.290 8.416
201806 6.468 106.317 7.873
201809 9.195 106.507 11.173
201812 8.718 105.998 10.644
201903 7.864 107.251 9.490
201906 6.147 108.070 7.361
201909 8.455 108.329 10.101
201912 8.839 108.420 10.551
202003 8.216 108.902 9.764
202006 9.306 108.767 11.073
202009 11.409 109.815 13.446
202012 11.003 109.897 12.958
202103 11.148 111.754 12.910
202106 10.969 114.631 12.384
202109 11.320 115.734 12.659
202112 10.821 117.630 11.906
202203 8.772 121.301 9.359
202206 6.325 125.017 6.548
202209 -14.202 125.227 -14.678
202212 5.319 125.222 5.497
202303 5.928 127.348 6.024
202306 4.950 128.729 4.977
202309 2.773 129.860 2.764
202312 2.711 129.419 2.711

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


EMCORE  (NAS:EMKR) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.73/36.05
=0.08

* 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 EMCORE was 2.36. The lowest was 0.07. And the median was 0.68.


Be Aware

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


EMCORE Cyclically Adjusted Revenue per Share Related Terms

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


EMCORE (EMCORE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » EMCORE Corp (NAS:EMKR) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
2015 W. Chestnut Street, Alhambra, CA, USA, 91803
EMCORE Corp is a provider of sensors and navigation systems for the aerospace and defense market. The company operates in one reporting segment, Inertial Navigation, whose product technology categories include: (a) FOG, (b) QMEMS, (c) RLG, in each case which serve the aerospace and defense market. The company operates geographically in United States and Canada, which is the key revenue generator; Asia; Europe; and Other.
Executives
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Rex S Jackson director C/O SYMYX TECHNOLOGIES, INC., 3100 CENTRAL EXPRESSWAY, SANTA CLARA CA 95051
Jeffrey Rittichier officer: Chief Executive Officer 2015 CHESTNUT ST, ALHAMBRA CA 91803
Stephen L Domenik director C/O SEVIN ROSEN FUNDS, 13455 NOEL RD #1670, DALLAS TX 75240
Noel Heiks director C/O EMCORE CORPORATION, 2015 CHESTNUT ST., ALHAMBRA CA 91803
Thomas P. Minichiello officer: Chief Financial Officer 750 N. COMMONS DRIVE, AURORA IL 60504
Bruce Grooms director C/O EMCORE CORPORATION, 2015 CHESTNUT ST., ALHAMBRA CA 91803
Mark A Gordon officer: Intrm Princ Fin and Acc Offcr 2015 CHESTNUT STREET, ALHAMBRA CA 91803
Iain Black officer: SVP, Operations 2015 CHESTNUT STREET, ALHAMBRA CA 91803
David Gregory Wojciechowski officer: Vice President, Sales 2015 CHESTNUT STREET, ALHAMBRA CA 91803
Jikun Kim officer: Chief Financial Officer 181 W. HUNTINGTON DRIVE, SUITE 202, MONROVIA CA 91016
Albert Lu officer: Sr. V.P. of Engineering 2015 CHESTNUT STREET, ALHAMBRA CA 91803
Coringrato Edward J Jr. director 301 1ST STREET, SW, SUITE 200, ROANOKE VA 24011
Mark Weinswig officer: Chief Financial Officer EMCORE CORP, 10420 RESEARCH ROAD, SE, ALBUQUERQUE NM 87123
Steven R Becker director, other: See Remarks 5525 NAKOMA DRIVE, DALLAS TX 75209

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