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Varonis Systems (LTS:0VOU) Cyclically Adjusted Revenue per Share : $3.58 (As of Mar. 2024)


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What is Varonis Systems 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.

Varonis Systems's adjusted revenue per share for the three months ended in Mar. 2024 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 $3.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Varonis Systems's 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.

As of today (2024-05-26), Varonis Systems's current stock price is $45.43. Varonis Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.58. Varonis Systems's Cyclically Adjusted PS Ratio of today is 12.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Varonis Systems was 18.20. The lowest was 5.45. And the median was 9.98.


Varonis Systems Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Varonis Systems'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.

Varonis Systems Cyclically Adjusted Revenue per Share Chart

Varonis Systems 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 - - 2.69 3.01 3.45

Varonis Systems 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 3.03 3.23 3.38 3.45 3.58

Competitive Comparison of Varonis Systems's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, Varonis Systems'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.


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

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

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



Varonis Systems 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, Varonis Systems'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)
=1.037/131.7762*131.7762
=1.037

Current CPI (Mar. 2024) = 131.7762.

Varonis Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.336 100.560 0.440
201409 0.348 100.428 0.457
201412 0.456 99.070 0.607
201503 0.310 99.621 0.410
201506 0.391 100.684 0.512
201509 0.410 100.392 0.538
201512 0.566 99.792 0.747
201603 0.389 100.470 0.510
201606 0.490 101.688 0.635
201609 0.515 101.861 0.666
201612 0.696 101.863 0.900
201703 0.490 102.862 0.628
201706 0.603 103.349 0.769
201709 0.645 104.136 0.816
201712 0.869 104.011 1.101
201803 0.629 105.290 0.787
201806 0.717 106.317 0.889
201809 0.763 106.507 0.944
201812 0.989 105.998 1.230
201903 0.630 107.251 0.774
201906 0.656 108.070 0.800
201909 0.720 108.329 0.876
201912 0.792 108.420 0.963
202003 0.585 108.902 0.708
202006 0.705 108.767 0.854
202009 0.809 109.815 0.971
202012 0.999 109.897 1.198
202103 0.746 111.754 0.880
202106 0.831 114.631 0.955
202109 0.938 115.734 1.068
202112 1.178 117.630 1.320
202203 0.890 121.301 0.967
202206 1.016 125.017 1.071
202209 1.121 125.227 1.180
202212 1.306 125.222 1.374
202303 0.990 127.348 1.024
202306 1.052 128.729 1.077
202309 1.118 129.860 1.135
202312 1.414 129.419 1.440
202403 1.037 131.776 1.037

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


Varonis Systems  (LTS:0VOU) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=45.43/3.58
=12.69

* 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 Varonis Systems was 18.20. The lowest was 5.45. And the median was 9.98.


Be Aware

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


Varonis Systems Cyclically Adjusted Revenue per Share Related Terms

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


Varonis Systems (LTS:0VOU) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Varonis Systems Inc (LTS:0VOU) » Definitions » Cyclically Adjusted Revenue per Share
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Address
1250 Broadway, 29th Floor, New York, NY, USA, 10001
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2004 and went public in 2014.

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