Avcon Information Technology Co (SZSE:300074) Cyclically Adjusted Revenue per Share : ¥0.81 (As of Mar. 2024)

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What is Avcon Information Technology Co 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.

Avcon Information Technology Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.068. 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 ¥0.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Avcon Information Technology Co's average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% 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 Avcon Information Technology Co was 11.30% per year. The lowest was 7.10% per year. And the median was 8.10% per year.

As of today (2024-06-20), Avcon Information Technology Co's current stock price is ¥3.41. Avcon Information Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.81. Avcon Information Technology Co's Cyclically Adjusted PS Ratio of today is 4.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Avcon Information Technology Co was 9.98. The lowest was 3.51. And the median was 5.87.

Avcon Information Technology Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Avcon Information Technology Co'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.

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Avcon Information Technology Co Cyclically Adjusted Revenue per Share Chart

Avcon Information Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted Revenue per Share

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0.61

0.66

0.73

0.77

0.81

Avcon Information Technology Co 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															0.78	0.78	0.80	0.81	0.81

Competitive Comparison of Avcon Information Technology Co's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Avcon Information Technology Co'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.

Avcon Information Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Avcon Information Technology Co's Cyclically Adjusted PS Ratio falls into.

Avcon Information Technology Co Cyclically Adjusted Revenue per Share Calculation

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, Avcon Information Technology Co'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)
	=	0.068	/	115.2271	*	115.2271
	=	0.068

Current CPI (Mar. 2024) = 115.2271.

Avcon Information Technology Co Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201406	0.144	98.200	0.169
201409	0.082	98.900	0.096
201412	0.085	99.000	0.099
201503	0.056	99.900	0.065
201506	0.124	99.500	0.144
201509	0.161	100.500	0.185
201512	0.288	100.600	0.330
201603	0.080	102.200	0.090
201606	0.109	101.400	0.124
201609	0.153	102.400	0.172
201612	0.301	102.600	0.338
201703	0.167	103.200	0.186
201706	0.202	103.100	0.226
201709	0.173	104.100	0.191
201712	0.300	104.500	0.331
201803	0.160	105.300	0.175
201806	0.101	104.900	0.111
201809	0.219	106.600	0.237
201812	0.349	106.500	0.378
201903	0.132	107.700	0.141
201906	0.185	107.700	0.198
201909	0.188	109.800	0.197
201912	0.407	111.200	0.422
202003	0.090	112.300	0.092
202006	0.251	110.400	0.262
202009	0.202	111.700	0.208
202012	0.219	111.500	0.226
202103	0.127	112.662	0.130
202106	0.238	111.769	0.245
202109	0.111	112.215	0.114
202112	0.363	113.108	0.370
202203	0.148	114.335	0.149
202206	0.136	114.558	0.137
202209	0.255	115.339	0.255
202212	0.238	115.116	0.238
202303	0.183	115.116	0.183
202306	0.207	114.558	0.208
202309	0.211	115.339	0.211
202312	0.375	114.781	0.376
202403	0.068	115.227	0.068

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

Avcon Information Technology Co (SZSE:300074) 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.

Avcon Information Technology Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	3.41	/	0.81
	=	4.21

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Avcon Information Technology Co was 9.98. The lowest was 3.51. And the median was 5.87.

Be Aware

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

Avcon Information Technology Co Cyclically Adjusted Revenue per Share Related Terms

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

Avcon Information Technology Co (SZSE:300074) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avcon Information Technology Co Ltd (SZSE:300074) » Definitions » Cyclically Adjusted Revenue per Share

Traded in Other Exchanges

N/A

Address

No. 69, Lane 1688, North Guoquan Road, Building A6, Wangu Science and Technology Park, Yangpu District, Shanghai, CHN, 200433

Website

http://www.avcon.com.cn

Avcon Information Technology Co Ltd designs and sells audio and video communication products and image intelligent integrated applications. It provides users with visual application solutions such as video conferencing, emergency command, smart cities security monitoring, safe cities, intelligent transportation, online education, and video call centers.

Executives

Li Hui	Secretary, Director
Tian Tian	Supervisors
Cheng Lin Fang	Executives
Fang Yong Xin	Director
Guo Feng	Directors, executives
Chen Zhuang	Independent director
Tang Xiao Yun	Secretary Dong
Wu Biao	Executives
Huang Qiao Lian	Securities Affairs Representative
Xi Feng Wei	Directors, executives
Liu Xiao Lu	Director
Liu Yan	Director
Zhou Xiao Chuan	Supervisors
Liu Xiao Dan	Director
Li Ji Chun	Supervisors

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