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Scientific Industries (Scientific Industries) Cyclically Adjusted Revenue per Share : $5.38 (As of Dec. 2023)


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What is Scientific Industries 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.

Scientific Industries's adjusted revenue per share for the three months ended in Dec. 2023 was $0.270. 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 $5.38 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Scientific Industries's average Cyclically Adjusted Revenue Growth Rate was -9.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.20% 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 Scientific Industries was 3.90% per year. The lowest was -2.60% per year. And the median was 3.20% per year.

As of today (2024-04-28), Scientific Industries's current stock price is $1.75. Scientific Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.38. Scientific Industries's Cyclically Adjusted PS Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Scientific Industries was 1.98. The lowest was 0.24. And the median was 0.67.


Scientific Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Scientific Industries'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.

Scientific Industries Cyclically Adjusted Revenue per Share Chart

Scientific Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.82 5.87 5.96 5.38

Scientific Industries 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 5.73 5.71 5.60 5.54 5.38

Competitive Comparison of Scientific Industries's Cyclically Adjusted Revenue per Share

For the Scientific & Technical Instruments subindustry, Scientific Industries'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.


Scientific Industries's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Scientific Industries 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, Scientific Industries'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)
=0.27/129.4194*129.4194
=0.270

Current CPI (Dec. 2023) = 129.4194.

Scientific Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.285 99.695 1.668
201406 1.309 100.560 1.685
201409 1.116 100.428 1.438
201412 1.143 99.070 1.493
201503 1.169 99.621 1.519
201506 1.860 100.684 2.391
201509 0.970 100.392 1.250
201512 1.362 99.792 1.766
201603 1.124 100.470 1.448
201606 2.987 101.688 3.802
201609 1.047 101.861 1.330
201612 1.797 101.863 2.283
201703 1.281 102.862 1.612
201706 1.336 103.349 1.673
201709 0.857 104.136 1.065
201712 1.266 104.011 1.575
201803 1.405 105.290 1.727
201806 2.148 106.317 2.615
201809 1.361 106.507 1.654
201812 1.430 105.998 1.746
201903 1.958 107.251 2.363
201906 1.900 108.070 2.275
201909 1.341 108.329 1.602
201912 1.433 108.420 1.711
202003 1.426 108.902 1.695
202006 0.542 108.767 0.645
202009 0.706 109.815 0.832
202012 0.950 109.897 1.119
202103 0.877 111.754 1.016
202106 0.606 114.631 0.684
202109 0.442 115.734 0.494
202112 0.450 117.630 0.495
202203 0.432 121.301 0.461
202206 0.401 125.017 0.415
202209 0.381 125.227 0.394
202212 0.367 125.222 0.379
202303 0.400 127.348 0.407
202306 0.426 128.729 0.428
202309 0.369 129.860 0.368
202312 0.270 129.419 0.270

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


Scientific Industries  (OTCPK:SCND) 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.

Scientific Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.75/5.38
=0.33

* 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 Scientific Industries was 1.98. The lowest was 0.24. And the median was 0.67.


Be Aware

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


Scientific Industries Cyclically Adjusted Revenue per Share Related Terms

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


Scientific Industries (Scientific Industries) Business Description

Industry
Traded in Other Exchanges
N/A
Address
80 Orville Drive, Suite 102, Bohemia, NY, USA, 11716
Scientific Industries Inc is engaged in the design, manufacture, and marketing of benchtop laboratory equipment. Its products are used for research purposes by universities, pharmaceutical companies, pharmacies, national laboratories, medical device manufacturers, petrochemical companies, and other industries performing laboratory-scale research. The company's operating segment includes Benchtop Laboratory Equipment, Bioprocessing Systems and Corporate. It generates maximum revenue from the Benchtop Laboratory Equipment segment. The company offers equipment products such as mixers, shakers, stirrers, refrigerated incubators, pharmacy balances and scales, force gauges, catalyst instruments, reactor systems, and high throughput systems.
Executives
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
Marcus Frampton director, 10 percent owner 800 F STREET, UNIT #P2, JUNEAU AK 99801
Jurgen Walter Schumacher director WARTAWEIL 14, HERRSCHING 2M 82211
Reginald Averilla officer: Chief Financial Officer 175-20 WEXFORD TERRACE, APT 2X, JAMAICA NY 11432
Joseph G Cremonese director C/O SCIENTIFIC INDUSTRIES INC, 70 ORVILLE DR, BOHEMIA NY 11716
John A Moore director 403 MARSH LANE, WILMINGTON DE 19807
Helena R Santos director, officer: President and CEO
Veradace Partners Lp 10 percent owner 2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
James B Polk officer: Chief Commercial Officer 7550 GLEN RIDGE DRIVE, CASTLE PINES CO 80101
Roy T Eddleman 10 percent owner 110 W. GEORGE BURNS ROAD, SUITE D-4018, LOS ANGELES CA 90048
Lyon Polk 10 percent owner 1585 BROADWAY, 22ND FLOOR, NEW YORK NY 10036
Christopher T Cox 10 percent owner CADWALADER, WICKERSHAM & TAFT LLP, ONE WORLD FINANCIAL CENTER, NEW YORK NY 10281
Robert Nichols officer: Secretary C/O SCIENTIFIC INDUSTRIES, INC., 70 ORVILLE DRIVE, BOHEMIA NY 11716
Watkins John F F director 469 PUMPKIN LANE, CLINTON CORNERS NY 12514
Karl Nowosielski officer: President-Division C/O SCIENTIFIC INDUSTRIES, 70 ORVILLE DRIVE, BOHEMIA NY 11716