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Initech Co (XKRX:053350) Cyclically Adjusted Revenue per Share : ₩12,232.20 (As of Mar. 2024)


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What is Initech 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.

Initech Co's adjusted revenue per share for the three months ended in Mar. 2024 was ₩515.625. 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 ₩12,232.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Initech Co's average Cyclically Adjusted Revenue Growth Rate was -5.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% 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 Initech Co was 13.50% per year. The lowest was -1.10% per year. And the median was 9.30% per year.

As of today (2024-06-22), Initech Co's current stock price is ₩3645.00. Initech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩12,232.20. Initech Co's Cyclically Adjusted PS Ratio of today is 0.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Initech Co was 1.15. The lowest was 0.23. And the median was 0.42.


Initech Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Initech 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.

* Premium members only.

Initech Co Cyclically Adjusted Revenue per Share Chart

Initech Co 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 11,375.00 12,842.90 13,097.40 12,965.80 12,430.80

Initech 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 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 12,908.20 12,719.50 12,706.00 12,430.80 12,232.20

Competitive Comparison of Initech Co's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, Initech 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.


Initech Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Initech Co 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, Initech 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)
=515.625/118.8477*118.8477
=515.625

Current CPI (Mar. 2024) = 118.8477.

Initech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2,367.078 99.353 2,831.538
201409 2,375.175 99.608 2,833.950
201412 2,780.757 99.098 3,334.947
201503 2,179.620 99.720 2,597.702
201506 2,531.111 100.050 3,006.664
201509 2,728.188 100.110 3,238.826
201512 3,055.432 100.220 3,623.339
201603 2,683.186 100.560 3,171.146
201606 3,009.733 100.790 3,548.962
201609 3,043.567 101.460 3,565.158
201612 3,232.313 101.560 3,782.522
201703 3,044.819 102.850 3,518.422
201706 2,896.561 102.610 3,354.932
201709 2,983.709 103.490 3,426.485
201712 3,644.991 102.990 4,206.222
201803 2,931.237 104.100 3,346.501
201806 3,108.540 104.130 3,547.900
201809 3,620.678 105.650 4,072.970
201812 3,830.120 104.350 4,362.252
201903 3,284.271 104.490 3,735.554
201906 3,819.669 104.880 4,328.365
201909 3,685.022 105.200 4,163.084
201912 3,867.839 105.120 4,372.943
202003 3,647.000 105.540 4,106.856
202006 3,855.562 104.870 4,369.454
202009 497.767 106.200 557.048
202012 14,022.039 105.765 15,756.449
202103 3,596.937 107.357 3,981.919
202106 3,775.159 107.579 4,170.615
202109 609.578 108.759 666.122
202112 569.821 109.676 617.470
202203 661.359 111.806 703.014
202206 684.882 114.083 713.487
202209 758.066 114.831 784.581
202212 798.987 115.200 824.285
202303 717.017 116.550 731.155
202306 608.310 117.140 617.179
202309 614.382 119.111 613.023
202312 622.931 118.848 622.931
202403 515.625 118.848 515.625

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


Initech Co  (XKRX:053350) 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.

Initech Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3645.00/12232.2
=0.30

* 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 Initech Co was 1.15. The lowest was 0.23. And the median was 0.42.


Be Aware

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


Initech Co Cyclically Adjusted Revenue per Share Related Terms

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


Initech Co (XKRX:053350) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Initech Co Ltd (XKRX:053350) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
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Address
222-14 Guro-dong, Guro-gu, SEOUL, KOR, 152-050
Initech Co Ltd is a South Korea based company engages in the provision of information security solutions. Its products and services include certification and encryption, total solution management, security equipment, financial application service provider, information technology operations, and others.

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