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NetDragon Websoft (HKSE:00777) Cyclically Adjusted Revenue per Share : HK$10.73 (As of Dec. 2023)


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What is NetDragon Websoft 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.

NetDragon Websoft's adjusted revenue per share data for the fiscal year that ended in Dec. 2023 was HK$14.541. 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 HK$10.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, NetDragon Websoft's average Cyclically Adjusted Revenue Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.70% 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 NetDragon Websoft was 31.40% per year. The lowest was 17.50% per year. And the median was 25.50% per year.

As of today (2024-05-21), NetDragon Websoft's current stock price is HK$ 12.24. NetDragon Websoft's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec. 2023 was HK$10.73. NetDragon Websoft's Cyclically Adjusted PS Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NetDragon Websoft was 15.05. The lowest was 0.98. And the median was 3.89.


NetDragon Websoft Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for NetDragon Websoft'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.

NetDragon Websoft Cyclically Adjusted Revenue per Share Chart

NetDragon Websoft 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 5.43 6.60 8.03 9.56 10.73

NetDragon Websoft Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 8.03 - 9.56 - 10.73

Competitive Comparison of NetDragon Websoft's Cyclically Adjusted Revenue per Share

For the Electronic Gaming & Multimedia subindustry, NetDragon Websoft'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.


NetDragon Websoft's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetDragon Websoft's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



NetDragon Websoft 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, NetDragon Websoft's adjusted Revenue per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=14.541/114.7809*114.7809
=14.541

Current CPI (Dec. 2023) = 114.7809.

NetDragon Websoft Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.337 99.000 2.710
201512 3.085 100.600 3.520
201612 6.322 102.600 7.073
201712 9.056 104.500 9.947
201812 10.727 106.500 11.561
201912 12.152 111.200 12.543
202012 13.045 111.500 13.429
202112 15.541 113.108 15.771
202212 16.245 115.116 16.198
202312 14.541 114.781 14.541

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


NetDragon Websoft  (HKSE:00777) 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.

NetDragon Websoft's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.24/10.73
=1.14

* 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 NetDragon Websoft was 15.05. The lowest was 0.98. And the median was 3.89.


Be Aware

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


NetDragon Websoft Cyclically Adjusted Revenue per Share Related Terms

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


NetDragon Websoft (HKSE:00777) Business Description

Traded in Other Exchanges
Address
58 Wenquan Branch Road, 851 Building, Fuzhou, CHN
NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.

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