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Light & Wonder (ASX:LNW) Cyclically Adjusted Revenue per Share : A$54.74 (As of Mar. 2024)


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What is Light & Wonder 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.

Light & Wonder's adjusted revenue per share for the three months ended in Mar. 2024 was A$12.532. 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 A$54.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Light & Wonder's average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% 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 Light & Wonder was 16.90% per year. The lowest was 2.10% per year. And the median was 7.40% per year.

As of today (2024-06-06), Light & Wonder's current stock price is A$149.59. Light & Wonder's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was A$54.74. Light & Wonder's Cyclically Adjusted PS Ratio of today is 2.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Light & Wonder was 3.11. The lowest was 0.24. And the median was 1.34.


Light & Wonder Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Light & Wonder'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.

Light & Wonder Cyclically Adjusted Revenue per Share Chart

Light & Wonder Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 50.24

Light & Wonder Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 50.29 53.37 50.24 54.74

Competitive Comparison of Light & Wonder's Cyclically Adjusted Revenue per Share

For the Gambling subindustry, Light & Wonder'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.


Light & Wonder's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Light & Wonder's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Light & Wonder 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, Light & Wonder's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.532/131.7762*131.7762
=12.532

Current CPI (Mar. 2024) = 131.7762.

Light & Wonder Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.275 100.560 6.913
201409 5.427 100.428 7.121
201412 8.070 99.070 10.734
201503 10.000 99.621 13.228
201506 10.433 100.684 13.655
201509 11.053 100.392 14.508
201512 11.799 99.792 15.581
201603 10.498 100.470 13.769
201606 11.285 101.688 14.624
201609 10.837 101.861 14.020
201612 11.647 101.863 15.067
201703 10.791 102.862 13.824
201706 11.370 103.349 14.497
201709 10.761 104.136 13.617
201712 12.061 104.011 15.281
201803 11.630 105.290 14.556
201806 12.387 106.317 15.353
201809 12.523 106.507 15.494
201812 13.567 105.998 16.866
201903 12.846 107.251 15.784
201906 13.084 108.070 15.954
201909 13.343 108.329 16.231
201912 -2.326 108.420 -2.827
202003 12.402 108.902 15.007
202006 8.221 108.767 9.960
202009 6.294 109.815 7.553
202012 6.504 109.897 7.799
202103 6.185 111.754 7.293
202106 7.916 114.631 9.100
202109 7.448 115.734 8.480
202112 7.810 117.630 8.749
202203 7.996 121.301 8.687
202206 9.137 125.017 9.631
202209 10.118 125.227 10.647
202212 10.639 125.222 11.196
202303 10.792 127.348 11.167
202306 11.969 128.729 12.252
202309 12.363 129.860 12.545
202312 12.386 129.419 12.612
202403 12.532 131.776 12.532

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


Light & Wonder  (ASX:LNW) 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.

Light & Wonder's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=149.59/54.74
=2.73

* 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 Light & Wonder was 3.11. The lowest was 0.24. And the median was 1.34.


Be Aware

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


Light & Wonder Cyclically Adjusted Revenue per Share Related Terms

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


Light & Wonder (ASX:LNW) Business Description

Industry
Traded in Other Exchanges
Address
6601 Bermuda Road, Las Vegas, NV, USA, 89119
Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the top three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about a quarter of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.