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Expert Systems Holdings (HKSE:08319) Cyclically Adjusted Revenue per Share : HK$0.56 (As of Sep. 2023)


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What is Expert Systems Holdings 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.

Expert Systems Holdings's adjusted revenue per share data for the fiscal year that ended in Mar. 2023 was HK$0.707. 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$0.56 for the trailing ten years ended in Mar. 2023.

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 (2024-05-27), Expert Systems Holdings's current stock price is HK$ 0.115. Expert Systems Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar. 2023 was HK$0.56. Expert Systems Holdings's Cyclically Adjusted PS Ratio of today is 0.21.

During the past 10 years, the highest Cyclically Adjusted PS Ratio of Expert Systems Holdings was 0.20. The lowest was 0.17. And the median was 0.18.


Expert Systems Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Expert Systems Holdings'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.

Expert Systems Holdings Cyclically Adjusted Revenue per Share Chart

Expert Systems Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.56

Expert Systems Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - 0.56 - -

Competitive Comparison of Expert Systems Holdings's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, Expert Systems Holdings'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.


Expert Systems Holdings's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Expert Systems Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Expert Systems Holdings 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, Expert Systems Holdings's adjusted Revenue per Share data for the fiscal year that ended in Mar. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.707/115.4269*115.4269
=0.707

Current CPI (Mar. 2023) = 115.4269.

Expert Systems Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.343 95.749 0.413
201503 0.528 99.927 0.610
201603 0.360 102.785 0.404
201703 0.386 103.335 0.431
201803 0.422 105.973 0.460
201903 0.541 108.172 0.577
202003 0.584 110.920 0.608
202103 0.667 111.579 0.690
202203 0.669 113.558 0.680
202303 0.707 115.427 0.707

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


Expert Systems Holdings  (HKSE:08319) 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.

Expert Systems Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.115/0.56
=0.21

* 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 10 years, the highest Cyclically Adjusted PS Ratio of Expert Systems Holdings was 0.20. The lowest was 0.17. And the median was 0.18.


Be Aware

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


Expert Systems Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Expert Systems Holdings (HKSE:08319) Business Description

Industry
Traded in Other Exchanges
N/A
Address
64 Hoi Yuen Road, 22nd Floor, Yen Sheng Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Expert Systems Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in the provision of IT infrastructure solutions .The operating segments of the Company are the provision of IT infrastructure solutions, the provision of IT infrastructure management services and the provision of AI business. Its products and solutions comprise server and storage consolidation, backup and restore, desktop management, networking, infrastructure and management, and information security. The company serves a diverse range of markets including banking, finance, insurance, telecommunications, media, Hotel and government sector. The company's operations are carried out in Hong Kong and Macau. Hong Kong contributes to the vast majority of total revenue.
Executives
Chu Siu Sum Alex 2201 Interest of corporation controlled by you
China Expert Systems Limited 2201 Interest of corporation controlled by you
Serviceone Global Holdings Limited 2101 Beneficial owner
Luk Yuen Wah Nancy 2202 Interest of your spouse
Lee Kit Ling Monita 2202 Interest of your spouse
Wong Chu Kee Daniel 2101 Beneficial owner
Keung Lai Wa Dorathy Linndia 2202 Interest of your spouse
Lau Wai Kwok 2101 Beneficial owner

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