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AVIT (SZSE:300264) Cyclically Adjusted Revenue per Share : ¥0.45 (As of Sep. 2024)


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What is AVIT 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.

AVIT's adjusted revenue per share for the three months ended in Sep. 2024 was ¥0.026. 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 ¥0.45 for the trailing ten years ended in Sep. 2024.

During the past 12 months, AVIT's average Cyclically Adjusted Revenue Growth Rate was -2.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.40% 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 AVIT was -3.40% per year. The lowest was -4.50% per year. And the median was -3.95% per year.

As of today (2024-12-11), AVIT's current stock price is ¥7.40. AVIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ¥0.45. AVIT's Cyclically Adjusted PS Ratio of today is 16.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of AVIT was 24.92. The lowest was 5.73. And the median was 11.70.


AVIT Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for AVIT'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.

AVIT Cyclically Adjusted Revenue per Share Chart

AVIT 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 0.54 0.51 0.48 0.47 0.46

AVIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.46 0.46 0.46 0.47 0.45

Competitive Comparison of AVIT's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, AVIT'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.


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

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

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



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

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.026/115.7848*115.7848
=0.026

Current CPI (Sep. 2024) = 115.7848.

AVIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.107 99.000 0.125
201503 0.042 99.900 0.049
201506 0.101 99.500 0.118
201509 0.086 100.500 0.099
201512 0.141 100.600 0.162
201603 0.080 102.200 0.091
201606 0.116 101.400 0.132
201609 0.077 102.400 0.087
201612 0.198 102.600 0.223
201703 0.088 103.200 0.099
201706 0.100 103.100 0.112
201709 0.140 104.100 0.156
201712 0.260 104.500 0.288
201803 0.244 105.300 0.268
201806 0.089 104.900 0.098
201809 0.143 106.600 0.155
201812 0.323 106.500 0.351
201903 0.077 107.700 0.083
201906 0.068 107.700 0.073
201909 0.111 109.800 0.117
201912 0.142 111.200 0.148
202003 0.067 112.300 0.069
202006 0.065 110.400 0.068
202009 0.093 111.700 0.096
202012 0.083 111.500 0.086
202103 0.104 112.662 0.107
202106 0.039 111.769 0.040
202109 0.070 112.215 0.072
202112 0.118 113.108 0.121
202203 0.051 114.335 0.052
202206 0.086 114.558 0.087
202209 0.168 115.339 0.169
202212 0.050 115.116 0.050
202303 0.084 115.116 0.084
202306 0.041 114.558 0.041
202309 0.017 115.339 0.017
202312 0.163 114.781 0.164
202403 0.042 115.227 0.042
202406 0.112 114.781 0.113
202409 0.026 115.785 0.026

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


AVIT  (SZSE:300264) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.40/0.45
=16.44

* 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 AVIT was 24.92. The lowest was 5.73. And the median was 11.70.


Be Aware

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


AVIT Cyclically Adjusted Revenue per Share Related Terms

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


AVIT Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AVIT Ltd (SZSE:300264) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
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Address
15/F, Zhongyangxigu Building, Binghe Boulevard, Futian, Shenzhen, CHN, 518048
AVIT Ltd is engaged in offering system solutions and technique services to network operators. The solutions provided by the company include system design, system integration, technical training, and operation consulting. The products of the company include DVB solution, DVB application system, digital headend, and digital receiver.
Executives
Li Xiao Long Supervisors
Huang Min Executives
Zhang Hai Chuan Directors, executives
Hu Yong Supervisors
Chen Kun Jiang Director
Peng Zhong Fu Supervisors
Xiong Ke Jia Directors, executives
Li Jian Hong Securities Affairs Representative
Wu Qian Director
Li Guan Bin Director
Gao Jian Directors, executives
Zhu Wei Min Director, Securities Affairs Representative

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