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Directel Holdings (HKSE:08337) Cyclically Adjusted Revenue per Share : HK$0.78 (As of Dec. 2023)


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What is Directel 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.

Directel Holdings's adjusted revenue per share for the three months ended in Dec. 2023 was HK$0.236. 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$0.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Directel Holdings's average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% 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 Directel Holdings was 6.90% per year. The lowest was 6.30% per year. And the median was 6.60% per year.

As of today (2024-05-13), Directel Holdings's current stock price is HK$0.112. Directel Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was HK$0.78. Directel Holdings's Cyclically Adjusted PS Ratio of today is 0.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Directel Holdings was 1.36. The lowest was 0.12. And the median was 0.27.


Directel Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Directel 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.

Directel Holdings Cyclically Adjusted Revenue per Share Chart

Directel Holdings 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 0.59 0.65 0.68 0.72 0.78

Directel Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.72 0.73 0.74 0.75 0.78

Competitive Comparison of Directel Holdings's Cyclically Adjusted Revenue per Share

For the Telecom Services subindustry, Directel 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.


Directel Holdings's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Directel Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Directel 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, Directel Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.236/117.2957*117.2957
=0.236

Current CPI (Dec. 2023) = 117.2957.

Directel Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.036 95.749 0.044
201406 0.032 96.409 0.039
201409 0.033 97.948 0.040
201412 0.045 99.707 0.053
201503 0.030 99.927 0.035
201506 0.021 99.267 0.025
201509 0.016 99.927 0.019
201512 0.036 102.015 0.041
201603 0.010 102.785 0.011
201606 0.014 101.686 0.016
201609 0.010 102.565 0.011
201612 0.005 103.225 0.006
201703 0.009 103.335 0.010
201706 0.010 103.664 0.011
201709 0.048 103.994 0.054
201712 0.312 104.984 0.349
201803 0.268 105.973 0.297
201806 0.403 106.193 0.445
201809 0.426 106.852 0.468
201812 0.483 107.622 0.526
201903 0.368 108.172 0.399
201906 0.332 109.601 0.355
201909 0.401 110.260 0.427
201912 0.309 110.700 0.327
202003 0.303 110.920 0.320
202006 0.284 110.590 0.301
202009 0.303 107.512 0.331
202012 0.266 109.711 0.284
202103 0.197 111.579 0.207
202106 0.265 111.360 0.279
202109 0.232 109.051 0.250
202112 0.118 112.349 0.123
202203 0.197 113.558 0.203
202206 0.212 113.448 0.219
202209 0.250 113.778 0.258
202212 0.163 114.548 0.167
202303 0.171 115.427 0.174
202306 0.241 115.647 0.244
202309 0.165 116.087 0.167
202312 0.236 117.296 0.236

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


Directel Holdings  (HKSE:08337) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.112/0.78
=0.14

* 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 Directel Holdings was 1.36. The lowest was 0.12. And the median was 0.27.


Be Aware

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


Directel Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Directel Holdings (HKSE:08337) Business Description

Traded in Other Exchanges
N/A
Address
No.188 Connaught Road West, Office Nos.1,2,14 and 15, 37th Floor, Hong Kong Plaza, Hong Kong, HKG
Directel Holdings Ltd is engaged in the provision of mobile telecommunications services and value-added services. It provides wholesale distribution business services for telecom terminals such as handsets and walkie-talkies, as well as data traffic top-up services for China and Singapore operators. The company has two operating segments: Telecommunications services; and Distribution business Distribution of mobile phones and electronic products and distribution of mobile and data top-up e-vouchers. Geographically, it operates in Hong Kong, Mainland China, and Singapore. It generates a vast majority of revenue from the distribution business in Hong Kong.

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