GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Park Aerospace Corp (NYSE:PKE) » Definitions » Cyclically Adjusted Revenue per Share

Park Aerospace (Park Aerospace) Cyclically Adjusted Revenue per Share : $4.41 (As of Nov. 2023)


View and export this data going back to 1984. Start your Free Trial

What is Park Aerospace 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.

Park Aerospace's adjusted revenue per share for the three months ended in Nov. 2023 was $0.572. 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 $4.41 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Park Aerospace's average Cyclically Adjusted Revenue Growth Rate was -13.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -10.00% 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 -8.60% 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 Park Aerospace was 10.10% per year. The lowest was -12.50% per year. And the median was -4.00% per year.

As of today (2024-04-28), Park Aerospace's current stock price is $14.76. Park Aerospace's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 was $4.41. Park Aerospace's Cyclically Adjusted PS Ratio of today is 3.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Park Aerospace was 3.77. The lowest was 1.38. And the median was 2.30.


Park Aerospace Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Park Aerospace'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.

Park Aerospace Cyclically Adjusted Revenue per Share Chart

Park Aerospace Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.31 6.75 5.86 5.43 4.92

Park Aerospace Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 5.07 4.92 4.78 4.60 4.41

Competitive Comparison of Park Aerospace's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, Park Aerospace'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.


Park Aerospace's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Park Aerospace's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Park Aerospace 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, Park Aerospace's adjusted Revenue per Share data for the three months ended in Nov. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.572/129.5481*129.5481
=0.572

Current CPI (Nov. 2023) = 129.5481.

Park Aerospace Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 1.828 99.057 2.391
201405 2.326 100.373 3.002
201408 2.014 100.352 2.600
201411 1.652 99.635 2.148
201502 1.731 99.032 2.264
201505 1.839 100.333 2.374
201508 1.866 100.548 2.404
201511 1.695 100.135 2.193
201602 1.766 100.040 2.287
201605 1.556 101.355 1.989
201608 1.436 101.617 1.831
201611 1.308 101.829 1.664
201702 -2.724 102.779 -3.433
201705 1.354 103.256 1.699
201708 0.561 103.587 0.702
201711 0.505 104.072 0.629
201802 0.488 105.052 0.602
201805 0.512 106.148 0.625
201808 0.550 106.383 0.670
201811 0.632 106.338 0.770
201902 0.812 106.649 0.986
201905 0.726 108.048 0.870
201908 0.666 108.245 0.797
201911 0.769 108.519 0.918
202002 0.753 109.139 0.894
202005 0.597 108.175 0.715
202008 0.453 109.662 0.535
202011 0.508 109.793 0.599
202102 0.701 110.968 0.818
202105 0.656 113.576 0.748
202108 0.665 115.421 0.746
202111 0.676 117.269 0.747
202202 0.610 119.703 0.660
202205 0.623 123.323 0.654
202208 0.677 124.958 0.702
202211 0.676 125.607 0.697
202302 0.659 126.928 0.673
202305 0.758 128.314 0.765
202308 0.614 129.538 0.614
202311 0.572 129.548 0.572

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


Park Aerospace  (NYSE:PKE) 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.

Park Aerospace's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.76/4.41
=3.35

* 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 Park Aerospace was 3.77. The lowest was 1.38. And the median was 2.30.


Be Aware

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


Park Aerospace Cyclically Adjusted Revenue per Share Related Terms

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


Park Aerospace (Park Aerospace) Business Description

Industry
Traded in Other Exchanges
Address
1400 Old Country Road, Suite 409N, Westbury, New York, NY, USA, 11590
Park Aerospace Corp designs develop and manufactures engineered, Advanced composite materials and composite structures and assemblies and low-volume tooling for the aerospace markets and prototype tooling for such structures and assemblies. It only operating business segments is Aerospace. Geographically, the company derives a majority of revenue from North America and also has a presence in a company operates its business in Asia and Europe. It offers Advanced Composite Prepregs for Aircraft Structures and Interiors, Sigma Strut and Alpha Strut.
Executives
Shane Connor director 10510 SPRINGBORO PIKE, MIAMISBURG OH 45342
Nickel Cory officer: Sr VP and General Manager 816 N. BLAINE ST., NEWTON KS 67114
Dale Blanchfield director 128 HAWTHORNE ROAD, HOPKINS MN 55343
D. Bradley Thress director 250 WEST SPRING STREET, UNIT 615, COLUMBUS OH 43215
Brian E Shore director, officer: President and CEO
Emily J Groehl officer: Sr. VP, Sales and Marketing
Mark A Esquivel officer: Vice President - Aerospace 48 SOUTH SERVICE ROAD, MELVILLE NY 11747
Yvonne Julian director 225 HIDDEN HILLS DRIVE, GREENVILLE SC 29605
Steven T Warshaw director
Stephen E Gilhuley officer: Senior Vice President, Secreta
P. Matthew Farabaugh officer: Vice President and Controller PARK ELECTROCHEMICAL CORP., 48 SOUTH SERVICE ROAD, SUITE 300, MELVILLE X1 11747
Benjamin Wykoff Shore officer: Senior Vice President 31 HARBOR PARK DRIVE, CENTERPORT NY 11721
Robert J Yaniro officer: VP and Corporate Controller 48 SOUTH SERVICE ROAD, MELVILLE NY 11747
Carl William Smith director 10044 E. NACOMA CT., SUN LAKE AZ 85248
Christopher T. Mastrogiacomo officer: V P of Strategic Marketing 48 SOUTH SERVICE ROAD, SUITE 300, MELVILLE NY 11747