GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Airgain Inc (NAS:AIRG) » Definitions » Cyclically Adjusted Revenue per Share

AIRG (Airgain) Cyclically Adjusted Revenue per Share : $6.86 (As of Mar. 2025)


View and export this data going back to 2016. Start your Free Trial

What is Airgain 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.

Airgain's adjusted revenue per share for the three months ended in Mar. 2025 was $1.037. 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 $6.86 for the trailing ten years ended in Mar. 2025.

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.

As of today (2025-05-16), Airgain's current stock price is $3.98. Airgain's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $6.86. Airgain's Cyclically Adjusted PS Ratio of today is 0.58.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Airgain was 1.40. The lowest was 0.49. And the median was 1.02.


Airgain Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Airgain'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.

Airgain Cyclically Adjusted Revenue per Share Chart

Airgain Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6.80

Airgain Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - 6.83 6.80 6.86

Competitive Comparison of Airgain's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Airgain'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.


Airgain's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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


;
;

Airgain 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, Airgain's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.037/134.9266*134.9266
=1.037

Current CPI (Mar. 2025) = 134.9266.

Airgain Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.075 100.684 1.441
201509 1.184 100.392 1.591
201512 1.657 99.792 2.240
201603 1.511 100.470 2.029
201606 1.362 101.688 1.807
201609 1.860 101.861 2.464
201612 1.361 101.863 1.803
201703 1.103 102.862 1.447
201706 1.367 103.349 1.785
201709 1.224 104.136 1.586
201712 1.194 104.011 1.549
201803 1.403 105.290 1.798
201806 1.586 106.317 2.013
201809 1.564 106.507 1.981
201812 1.725 105.998 2.196
201903 1.517 107.251 1.908
201906 1.428 108.070 1.783
201909 1.353 108.329 1.685
201912 1.285 108.420 1.599
202003 1.157 108.902 1.433
202006 1.182 108.767 1.466
202009 1.340 109.815 1.646
202012 1.313 109.897 1.612
202103 1.603 111.754 1.935
202106 1.725 114.631 2.030
202109 1.533 115.734 1.787
202112 1.401 117.630 1.607
202203 1.730 121.301 1.924
202206 1.887 125.017 2.037
202209 1.880 125.227 2.026
202212 1.946 125.222 2.097
202303 1.602 127.348 1.697
202306 1.520 128.729 1.593
202309 1.313 129.860 1.364
202312 0.963 129.419 1.004
202403 1.351 131.776 1.383
202406 1.388 132.554 1.413
202409 1.423 133.029 1.443
202412 1.321 133.157 1.339
202503 1.037 134.927 1.037

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


Airgain  (NAS:AIRG) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.98/6.86
=0.58

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Airgain was 1.40. The lowest was 0.49. And the median was 1.02.


Be Aware

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


Airgain Cyclically Adjusted Revenue per Share Related Terms

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


Airgain Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Airgain Inc (NAS:AIRG) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
3611 Valley Centre Drive, Suite 150, San Diego, CA, USA, 92130
Airgain Inc is engaged in providing antenna technologies. These technologies can be used to enable performance wireless networking across devices and markets which include connected homes, enterprises, automotive, and the Internet of Things. It also provides solutions to complex radio frequency, engineering challenges, and improving wireless service that require higher throughput, broad coverage footprint, and carrier-grade quality. Geographically, it derives maximum revenue from North America and also has a presence in China and the Rest of the World. The company products include Antenna Plus: Fleet, M2M, IoT Antennas, Carrier-Class Antenna, Embedded Antennas, and External Dipole Antennas.
Executives
Jacob Suen officer: Sr. VP, Worldwide Sales C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Ali Sadri officer: Chief Technology Officer C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Michael Elbaz officer: Chief Financial Officer C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, STE. 150, SAN DIEGO CA 92130
James K Sims director, 10 percent owner 5400 LEGACY DRIVE, H3-3A-05, PLANO TX 75024
T J Chung director C/O BRUNSWICK CORP, 1 N FIELD COURT, LAKE FOREST IL 60045
Arthur M. Toscanini director C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Morad Sbahi officer: SVP, Global Prod. & Marketing C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Kiva A. Allgood director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Kevin Thill officer: Sr. VP, Engineering C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
David Lyle officer: Chief Financial Officer 6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
Anil Doradla officer: Chief Financial Officer C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Gen3 Capital Partners, Llc 10 percent owner C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Charles A. Myers director, officer: President and CEO C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Francis X Egan director 20 WINTHROP SQUARE, 2ND FLOOR, BOSTON MA 02110
Thomas A Munro director C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130