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Mastech Digital (Mastech Digital) Cyclically Adjusted Revenue per Share : $18.99 (As of Dec. 2023)


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What is Mastech Digital 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.

Mastech Digital's adjusted revenue per share for the three months ended in Dec. 2023 was $3.971. 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 $18.99 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mastech Digital's average Cyclically Adjusted Revenue Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.70% 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 Mastech Digital was 9.60% per year. The lowest was 5.60% per year. And the median was 8.70% per year.

As of today (2024-05-01), Mastech Digital's current stock price is $8.88. Mastech Digital's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $18.99. Mastech Digital's Cyclically Adjusted PS Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mastech Digital was 1.86. The lowest was 0.26. And the median was 0.64.


Mastech Digital Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mastech Digital'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.

Mastech Digital Cyclically Adjusted Revenue per Share Chart

Mastech Digital 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 13.88 14.79 16.66 18.28 18.99

Mastech Digital 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 18.28 18.69 18.94 19.08 18.99

Competitive Comparison of Mastech Digital's Cyclically Adjusted Revenue per Share

For the Staffing & Employment Services subindustry, Mastech Digital'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.


Mastech Digital's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mastech Digital's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mastech Digital 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, Mastech Digital'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)
=3.971/129.4194*129.4194
=3.971

Current CPI (Dec. 2023) = 129.4194.

Mastech Digital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.230 99.695 4.193
201406 3.102 100.560 3.992
201409 3.207 100.428 4.133
201412 3.206 99.070 4.188
201503 3.047 99.621 3.958
201506 3.303 100.684 4.246
201509 3.894 100.392 5.020
201512 3.656 99.792 4.741
201603 3.563 100.470 4.590
201606 3.778 101.688 4.808
201609 3.813 101.861 4.845
201612 3.583 101.863 4.552
201703 3.629 102.862 4.566
201706 3.834 103.349 4.801
201709 3.656 104.136 4.544
201712 3.685 104.011 4.585
201803 3.919 105.290 4.817
201806 4.029 106.317 4.905
201809 3.949 106.507 4.799
201812 3.992 105.998 4.874
201903 4.029 107.251 4.862
201906 4.342 108.070 5.200
201909 4.422 108.329 5.283
201912 4.443 108.420 5.304
202003 4.319 108.902 5.133
202006 3.983 108.767 4.739
202009 3.935 109.815 4.637
202012 4.037 109.897 4.754
202103 4.149 111.754 4.805
202106 4.471 114.631 5.048
202109 4.951 115.734 5.536
202112 4.918 117.630 5.411
202203 4.965 121.301 5.297
202206 5.129 125.017 5.310
202209 5.226 125.227 5.401
202212 4.743 125.222 4.902
202303 4.568 127.348 4.642
202306 4.493 128.729 4.517
202309 3.992 129.860 3.978
202312 3.971 129.419 3.971

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


Mastech Digital  (AMEX:MHH) 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.

Mastech Digital's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.88/18.99
=0.47

* 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 Mastech Digital was 1.86. The lowest was 0.26. And the median was 0.64.


Be Aware

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


Mastech Digital Cyclically Adjusted Revenue per Share Related Terms

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


Mastech Digital (Mastech Digital) Business Description

Industry
Traded in Other Exchanges
Address
1305 Cherrington Parkway, Building 210, Suite 400, Moon Township, PA, USA, 15108
Mastech Digital Inc is a provider of Digital Transformation IT Services. The Company offers data & analytics solutions & IT staffing services for both digital & mainstream technologies. The Group has two segments. Its Data & Analytics Services segment delivers specialized data management, data engineering, customer experience consulting, data analytics & cloud services to customers globally. IT Staffing Services segment combines technical expertise with business process experience to deliver a broad range of services in digital & mainstream technologies. Its digital transformation services also include staffing & project-based services around digital learning. The company derives a majority of its revenue from IT staffing services. Geographically, the majority is from the United States.
Executives
Manoj P Singh 10 percent owner PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Sunil Wadhwani director, 10 percent owner 1004 MCKEE ROAD, OAKDALE PA 15071
Michael Lee Fleishman officer: See Remarks 1305 CHERRINGTON PKWY, BLDG 210, SUITE 400, MOON TOWNSHIP PA 15108
Vladimir Rak director 345 COURT STREET, CORAOPOLIS PA 15108
Ganeshan Venkateshwaran officer: See Remarks 1305 CHERRINGTON PKWY, BLDG 210, STE 400, MOON TOWNSHIP PA 15108
Paul Philip Burton officer: See Remarks 1305 CHERRINGTON PARKWAY, SUITE 400, MOON TOWNSHIP PA 15109
Brenda C Galilee director C/O HALL KINION & ASSOCIATES INC, 75 ROWLAND WAY, SUITE 200, NOVATO CA 94945
Steven A Shaw 10 percent owner 503 13TH AVENUE EAST, #205, SEATTLE WA 98102
John J. Cronin officer: Chief Financial Officer 1603 BLACKBURN HTS DRIVE, SEWICKLEY PA 15143
Vivek Gupta director, officer: President and CEO C/O MASTECH HOLDINGS, 1305 CHERRINGTON PKWY, BLDG 200, STE 400, MOON TOWNSHIP PA 15108
Gerhard Watzinger director 2821 TARFLOWER WAY, NAPLES FL 34105
John Ausura director 210 CAPE COD WAY, MOORESVILLE NC 28117
Ashok Trivedi director, 10 percent owner 1004 MCKEE ROAD, OAKDALE PA 15071
Scott Adam Aicher officer: See Remarks 2709 PEBBLE BEACH DRIVE, OAKALND MI 48363
Denis D. Deet officer: VP of Technology and CIO C/O MASTECH HOLDINGS, INC., 1305 CHERRINGTON PKWY, BLDG 210, STE 400, MOON TOWNSHIP PA 15108

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