GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hytera Communications Corp Ltd (SZSE:002583) » Definitions » Cyclically Adjusted Revenue per Share

Hytera Communications (SZSE:002583) Cyclically Adjusted Revenue per Share : ¥3.10 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Hytera Communications 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.

Hytera Communications's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.696. 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 ¥3.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hytera Communications's average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% 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 Hytera Communications was 9.70% per year. The lowest was 7.00% per year. And the median was 8.35% per year.

As of today (2024-06-16), Hytera Communications's current stock price is ¥3.98. Hytera Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.10. Hytera Communications's Cyclically Adjusted PS Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hytera Communications was 5.36. The lowest was 1.22. And the median was 2.01.


Hytera Communications Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hytera Communications'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.

Hytera Communications Cyclically Adjusted Revenue per Share Chart

Hytera Communications 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 2.29 2.50 2.74 3.02 3.06

Hytera Communications 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 3.05 3.09 3.11 3.06 3.10

Competitive Comparison of Hytera Communications's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Hytera Communications'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.


Hytera Communications's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Hytera Communications 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, Hytera Communications'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)
=0.696/115.2271*115.2271
=0.696

Current CPI (Mar. 2024) = 115.2271.

Hytera Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.698 98.200 0.819
201409 0.236 98.900 0.275
201412 0.807 99.000 0.939
201503 0.143 99.900 0.165
201506 0.216 99.500 0.250
201509 0.351 100.500 0.402
201512 0.754 100.600 0.864
201603 0.240 102.200 0.271
201606 0.537 101.400 0.610
201609 0.606 102.400 0.682
201612 0.654 102.600 0.734
201703 0.285 103.200 0.318
201706 0.692 103.100 0.773
201709 0.811 104.100 0.898
201712 1.173 104.500 1.293
201803 0.706 105.300 0.773
201806 0.951 104.900 1.045
201809 0.837 106.600 0.905
201812 1.412 106.500 1.528
201903 0.547 107.700 0.585
201906 0.924 107.700 0.989
201909 1.271 109.800 1.334
201912 1.108 111.200 1.148
202003 0.835 112.300 0.857
202006 0.791 110.400 0.826
202009 0.745 111.700 0.769
202012 0.801 111.500 0.828
202103 0.468 112.662 0.479
202106 0.731 111.769 0.754
202109 0.772 112.215 0.793
202112 1.131 113.108 1.152
202203 0.570 114.335 0.574
202206 0.770 114.558 0.774
202209 0.705 115.339 0.704
202212 1.070 115.116 1.071
202303 0.472 115.116 0.472
202306 0.771 114.558 0.776
202309 0.739 115.339 0.738
202312 1.131 114.781 1.135
202403 0.696 115.227 0.696

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


Hytera Communications  (SZSE:002583) 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.

Hytera Communications's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.98/3.1
=1.28

* 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 Hytera Communications was 5.36. The lowest was 1.22. And the median was 2.01.


Be Aware

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


Hytera Communications Cyclically Adjusted Revenue per Share Related Terms

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


Hytera Communications (SZSE:002583) Business Description

Industry
Traded in Other Exchanges
N/A
Address
North Ring Road, No. 9108 Hytera Building, Shenzhen Hi-Tech Industrial Park North, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Hytera Communications Corp Ltd designs & manufactures professional wireless communications equipment, offering customized communication solutions to government, utility, enterprises & businesses to help achieve higher organizational efficiency.
Executives
Jiang Ye Lin Directors, executives
Zhu De You Supervisors
Peng Jian Feng Director
Chen Qing Zhou Director
Wu Mei Directors, executives
Tian Zhi Yong Securities Affairs Representative
Deng Feng Supervisors
Zhang Ju Directors, Directors, and Executives
Li Shao Qian Independent director
Zhang Yu Cheng Supervisors
Tan Xue Zhi Director
Ceng Hua Directors, executives
Wang Zhuo Supervisors
Fu Dong Hui Supervisors
Zhang Yong Securities Affairs Representative

Hytera Communications (SZSE:002583) Headlines

No Headlines