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New Relic (New Relic) Cyclically Adjusted Revenue per Share : $9.45 (As of Sep. 2023)


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What is New Relic 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.

New Relic's adjusted revenue per share for the three months ended in Sep. 2023 was $3.444. 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 $9.45 for the trailing ten years ended in Sep. 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 (2024-05-05), New Relic's current stock price is $86.99. New Relic's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $9.45. New Relic's Cyclically Adjusted PS Ratio of today is 9.21.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of New Relic was 8.24. The lowest was 6.27. And the median was 8.00.


New Relic Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for New Relic'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.

New Relic Cyclically Adjusted Revenue per Share Chart

New Relic 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 - - - - 9.04

New Relic 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 - 8.75 9.04 9.26 9.45

Competitive Comparison of New Relic's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, New Relic'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.


New Relic's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



New Relic 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, New Relic's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=3.444/129.8595*129.8595
=3.444

Current CPI (Sep. 2023) = 129.8595.

New Relic Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.421 98.326 0.556
201403 0.486 99.695 0.633
201406 0.554 100.560 0.715
201409 0.550 100.428 0.711
201412 1.271 99.070 1.666
201503 0.709 99.621 0.924
201506 0.808 100.684 1.042
201509 0.892 100.392 1.154
201512 0.975 99.792 1.269
201603 1.058 100.470 1.367
201606 1.167 101.688 1.490
201609 1.236 101.861 1.576
201612 1.301 101.863 1.659
201703 1.385 102.862 1.749
201706 1.492 103.349 1.875
201709 1.548 104.136 1.930
201712 1.664 104.011 2.078
201803 1.769 105.290 2.182
201806 1.926 106.317 2.352
201809 2.026 106.507 2.470
201812 2.172 105.998 2.661
201903 2.295 107.251 2.779
201906 2.434 108.070 2.925
201909 2.498 108.329 2.994
201912 2.605 108.420 3.120
202003 2.690 108.902 3.208
202006 2.713 108.767 3.239
202009 2.743 109.815 3.244
202012 2.718 109.897 3.212
202103 2.759 111.754 3.206
202106 2.849 114.631 3.227
202109 3.045 115.734 3.417
202112 3.133 117.630 3.459
202203 3.129 121.301 3.350
202206 3.259 125.017 3.385
202209 3.376 125.227 3.501
202212 3.523 125.222 3.653
202303 3.526 127.348 3.596
202306 3.489 128.729 3.520
202309 3.444 129.860 3.444

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


New Relic  (NYSE:NEWR) 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.

New Relic's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=86.99/9.45
=9.21

* 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 12 years, the highest Cyclically Adjusted PS Ratio of New Relic was 8.24. The lowest was 6.27. And the median was 8.00.


Be Aware

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


New Relic Cyclically Adjusted Revenue per Share Related Terms

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


New Relic (New Relic) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » New Relic Inc (NYSE:NEWR) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
188 Spear Street, Suite 1000, San Francisco, CA, USA, 94105
New Relic Inc is a provider of software analytics solutions for organizations to collect, store, and analyze massive amounts of software data in real-time. The firm's flagship New Relic Software Analytics Cloud is made up of a suite of products, a Big Data database, and an open platform. Its solutions include diagnostics, reporting and alerting, transaction monitoring, and performance monitoring capabilities. The firm generates revenue from subscription-based arrangements for software offerings, typically for a year. A majority of the firm's revenue is generated in the United States, and the rest from Europe, the Middle East, and Africa; the Asia-Pacific; and other regions.
Executives
Thomas J. Lloyd officer: Chief Legal Officer, Corp Secy C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105
Mark Dodds officer: Chief Revenue Officer C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105
William Staples officer: Chief People Officer C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
David Barter officer: Chief Financial Officer C/O MODEL N, INC., 1600 SEAPORT BLVD., SUITE 400, REDWOOD CITY CA 94063
Lewis Cirne director, officer: CEO C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Kristy Friedrichs officer: Chief Operating Officer C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Radhakrishnan Mahendran director C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105
Mark Sachleben officer: Chief Financial Officer C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Steve Hurn officer: EVP, Worldwide Sales C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105
Susan Donner Arthur director 11000 OPTUM CIRCLE, EDEN PRAIRIE MN 55344
Kevin G. Galligan director C/O JANA PARTNERS LLC, 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Phalachandra Bhat director C/O NEW RELIC, INC., 388 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105
Takeshi Numoto director C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1000, SAN FRANCISCO CA 94105
David J Henshall director 18880 HOMESTEAD ROAD, CUPERTINO CA 95014