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Avant Group (TSE:3836) Cyclically Adjusted Revenue per Share : 円412.86 (As of Mar. 2024)


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What is Avant Group 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.

Avant Group's adjusted revenue per share for the three months ended in Mar. 2024 was 円163.494. 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 円412.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Avant Group's average Cyclically Adjusted Revenue Growth Rate was 13.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -13.80% 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 Avant Group was 14.90% per year. The lowest was -25.50% per year. And the median was -22.90% per year.

As of today (2024-06-18), Avant Group's current stock price is 円1337.00. Avant Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円412.86. Avant Group's Cyclically Adjusted PS Ratio of today is 3.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Avant Group was 6.69. The lowest was 0.63. And the median was 3.74.


Avant Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Avant Group'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.

Avant Group Cyclically Adjusted Revenue per Share Chart

Avant Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 712.81 248.21 281.53 326.50 376.40

Avant Group 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 365.31 376.40 389.47 401.81 412.86

Competitive Comparison of Avant Group's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Avant Group'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.


Avant Group's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Avant Group 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, Avant Group'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)
=163.494/107.2000*107.2000
=163.494

Current CPI (Mar. 2024) = 107.2000.

Avant Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 55.069 98.000 60.239
201409 51.776 98.500 56.349
201412 59.932 97.900 65.625
201503 59.581 97.900 65.241
201506 66.494 98.400 72.441
201509 57.931 98.500 63.048
201512 63.640 98.100 69.543
201603 64.458 97.900 70.581
201606 69.973 98.100 76.464
201609 30.264 98.000 33.105
201612 71.521 98.400 77.917
201703 73.409 98.100 80.219
201706 75.033 98.500 81.660
201709 67.765 98.800 73.526
201712 83.744 99.400 90.315
201803 82.428 99.200 89.075
201806 88.597 99.200 95.742
201809 84.699 99.900 90.888
201812 99.901 99.700 107.416
201903 96.678 99.700 103.951
201906 93.506 99.800 100.439
201909 98.885 100.100 105.899
201912 106.953 100.500 114.083
202003 107.763 100.300 115.176
202006 103.949 99.900 111.545
202009 95.836 99.900 102.839
202012 107.342 99.300 115.882
202103 113.608 99.900 121.910
202106 115.066 99.500 123.971
202109 107.646 100.100 115.281
202112 125.026 100.100 133.894
202203 133.836 101.100 141.911
202206 130.684 101.800 137.616
202209 133.588 103.100 138.900
202212 146.031 104.100 150.380
202303 150.483 104.400 154.519
202306 139.121 105.200 141.766
202309 150.379 106.200 151.795
202312 163.352 106.800 163.964
202403 163.494 107.200 163.494

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


Avant Group  (TSE:3836) 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.

Avant Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1337.00/412.86
=3.24

* 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 Avant Group was 6.69. The lowest was 0.63. And the median was 3.74.


Be Aware

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


Avant Group Cyclically Adjusted Revenue per Share Related Terms

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


Avant Group (TSE:3836) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Avant Group Corp (TSE:3836) » Definitions » Cyclically Adjusted Revenue per Share
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Address
2-15-2 Konan, 13th Floor, Shinagawa Intercity Building B, Minato-ku, Tokyo, JPN, 108-6113
Avant Group Corp formerly, AVANT Corp is a holding company. The company through its subsidiaries is engaged in business solution package development, license sales, consulting service, support service, BI outsourcing business, BI and DWH consulting business, and BI and DWH equipment sales.

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