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Technical Communications (Technical Communications) Cyclically Adjusted Revenue per Share : $2.65 (As of Jun. 2023)


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What is Technical Communications 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.

Technical Communications's adjusted revenue per share for the three months ended in Jun. 2023 was $0.019. 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 $2.65 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Technical Communications's average Cyclically Adjusted Revenue Growth Rate was -7.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -15.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -12.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -5.70% 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 Technical Communications was 10.10% per year. The lowest was -15.70% per year. And the median was -3.45% per year.

As of today (2024-04-27), Technical Communications's current stock price is $0.302. Technical Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was $2.65. Technical Communications's Cyclically Adjusted PS Ratio of today is 0.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Technical Communications was 2.59. The lowest was 0.09. And the median was 0.74.


Technical Communications Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Technical Communications'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.

Technical Communications Cyclically Adjusted Revenue per Share Chart

Technical Communications Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.77 4.66 3.54 3.04 2.79

Technical Communications Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 2.87 2.79 2.68 2.69 2.65

Competitive Comparison of Technical Communications's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Technical Communications'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.


Technical Communications's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Technical Communications 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, Technical Communications's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.019/128.7287*128.7287
=0.019

Current CPI (Jun. 2023) = 128.7287.

Technical Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 1.706 98.790 2.223
201312 1.343 98.326 1.758
201403 0.703 99.695 0.908
201406 0.423 100.560 0.541
201409 0.848 100.428 1.087
201412 0.480 99.070 0.624
201503 1.285 99.621 1.660
201506 0.954 100.684 1.220
201509 0.506 100.392 0.649
201512 0.532 99.792 0.686
201603 0.303 100.470 0.388
201606 0.316 101.688 0.400
201609 0.220 101.861 0.278
201612 0.343 101.863 0.433
201703 0.753 102.862 0.942
201706 0.554 103.349 0.690
201709 0.374 104.136 0.462
201712 0.455 104.011 0.563
201803 0.435 105.290 0.532
201806 0.491 106.317 0.595
201809 0.615 106.507 0.743
201812 0.601 105.998 0.730
201903 1.042 107.251 1.251
201906 0.668 108.070 0.796
201909 1.485 108.329 1.765
201912 0.360 108.420 0.427
202003 0.401 108.902 0.474
202006 0.324 108.767 0.383
202009 1.146 109.815 1.343
202012 0.090 109.897 0.105
202103 0.334 111.754 0.385
202106 0.230 114.631 0.258
202109 0.354 115.734 0.394
202112 0.229 117.630 0.251
202203 0.305 121.301 0.324
202206 0.079 125.017 0.081
202209 0.091 125.227 0.094
202212 0.066 125.222 0.068
202303 0.015 127.348 0.015
202306 0.019 128.729 0.019

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


Technical Communications  (OTCPK:TCCO) 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.

Technical Communications's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.302/2.65
=0.11

* 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 Technical Communications was 2.59. The lowest was 0.09. And the median was 0.74.


Be Aware

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


Technical Communications Cyclically Adjusted Revenue per Share Related Terms

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


Technical Communications (Technical Communications) Business Description

Industry
Traded in Other Exchanges
N/A
Address
100 Domino Drive, Concord, MA, USA, 01742-2892
Technical Communications Corp designs, develops, manufactures, distributes, and markets communications security equipment. The company produces and supplies several custom-designed, special-purpose, and standard secure communications products for both domestic and international customers. Its products consist of voice, data, facsimile encryptors and video networks for military, government and corporate/industrial applications. In addition to product sales, it generates revenues from contract engineering services for certain government agencies, domestic and foreign, and commercial entities.
Executives
Ralph M Norwood director 111 SOUTH WORCESTER STREET, NORTON MA 02766
Guild Carl H Jr director, officer: CEO
Thomas E Peoples director
Francisco F Blanco director 1915 TOWNE CENTRE BLVD, SUITE 309, ANNAPOLIS MD 21401
Mitchell Briskin director
Michael P Malone officer: Chief Financial Officer
Paul D Sonkin 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp 10 percent owner, other: see footnote #1 C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Concentrated Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Robert T Lessard director
Brown David A B director

Technical Communications (Technical Communications) Headlines

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