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Ciena (MEX:CIEN) Cyclically Adjusted Revenue per Share : MXN495.87 (As of Apr. 2024)


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What is Ciena 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.

Ciena's adjusted revenue per share for the three months ended in Apr. 2024 was MXN107.253. 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 MXN495.87 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Ciena's average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% 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 Ciena was 14.40% per year. The lowest was -12.60% per year. And the median was 6.90% per year.

As of today (2024-06-24), Ciena's current stock price is MXN880.00. Ciena's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was MXN495.87. Ciena's Cyclically Adjusted PS Ratio of today is 1.77.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ciena was 3.39. The lowest was 1.02. And the median was 1.81.


Ciena Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ciena'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.

Ciena Cyclically Adjusted Revenue per Share Chart

Ciena Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 453.96

Ciena Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 515.18 433.55 453.96 426.72 495.87

Competitive Comparison of Ciena's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Ciena'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.


Ciena's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Ciena 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, Ciena's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=107.253/132.2892*132.2892
=107.253

Current CPI (Apr. 2024) = 132.2892.

Ciena Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 66.132 100.520 87.033
201410 74.520 100.176 98.409
201501 73.674 98.604 98.843
201504 74.706 99.824 99.003
201507 72.682 100.691 95.491
201510 83.640 100.346 110.265
201601 76.364 99.957 101.064
201604 79.300 100.947 103.921
201607 74.286 101.524 96.798
201610 72.484 101.988 94.019
201701 91.074 102.456 117.593
201704 80.998 103.167 103.862
201707 75.615 103.278 96.856
201710 76.405 104.070 97.123
201801 83.601 104.578 105.754
201804 92.603 105.708 115.889
201807 95.178 106.324 118.421
201810 126.808 106.695 157.227
201901 93.776 106.200 116.813
201904 103.800 107.818 127.359
201907 115.873 108.250 141.605
201910 118.519 108.577 144.402
202001 101.027 108.841 122.792
202004 138.187 108.173 168.994
202007 138.873 109.318 168.055
202010 112.561 109.861 135.541
202101 97.940 110.364 117.397
202104 107.215 112.673 125.881
202107 125.113 115.183 143.694
202110 136.549 116.696 154.795
202201 111.848 118.619 124.738
202204 126.026 121.978 136.679
202207 117.469 125.002 124.317
202210 129.221 125.734 135.958
202301 132.801 126.223 139.183
202304 135.691 127.992 140.247
202307 119.040 128.974 122.100
202310 137.850 129.810 140.483
202401 122.209 130.124 124.242
202404 107.253 132.289 107.253

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


Ciena  (MEX:CIEN) 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.

Ciena's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=880.00/495.87
=1.77

* 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 Ciena was 3.39. The lowest was 1.02. And the median was 1.81.


Be Aware

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


Ciena Cyclically Adjusted Revenue per Share Related Terms

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


Ciena (MEX:CIEN) Business Description

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7035 Ridge Road, Hanover, MD, USA, 21076
Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.