GURUFOCUS.COM » STOCK LIST » Technology » Software » Magic Software Enterprises Ltd (XTAE:MGIC) » Definitions » Cyclically Adjusted Revenue per Share

Magic Software Enterprises (XTAE:MGIC) Cyclically Adjusted Revenue per Share : ₪32.54 (As of Mar. 2025)


View and export this data going back to 2000. Start your Free Trial

What is Magic Software Enterprises 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.

Magic Software Enterprises's adjusted revenue per share for the three months ended in Mar. 2025 was ₪10.513. 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 ₪32.54 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Magic Software Enterprises's average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.30% 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 Magic Software Enterprises was 16.10% per year. The lowest was -3.90% per year. And the median was 5.80% per year.

As of today (2025-05-29), Magic Software Enterprises's current stock price is ₪56.50. Magic Software Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₪32.54. Magic Software Enterprises's Cyclically Adjusted PS Ratio of today is 1.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Magic Software Enterprises was 3.66. The lowest was 1.12. And the median was 2.24.


Magic Software Enterprises Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Magic Software Enterprises'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.

Magic Software Enterprises Cyclically Adjusted Revenue per Share Chart

Magic Software Enterprises Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.21 21.67 25.61 28.50 31.50

Magic Software Enterprises Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 29.47 30.20 30.91 31.50 32.54

Competitive Comparison of Magic Software Enterprises's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, Magic Software Enterprises'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.


Magic Software Enterprises's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


;
;

Magic Software Enterprises 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, Magic Software Enterprises's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=10.513/134.9266*134.9266
=10.513

Current CPI (Mar. 2025) = 134.9266.

Magic Software Enterprises Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 3.349 100.684 4.488
201509 3.572 100.392 4.801
201512 3.771 99.792 5.099
201603 3.517 100.470 4.723
201606 3.728 101.688 4.947
201609 4.286 101.861 5.677
201612 4.338 101.863 5.746
201703 4.778 102.862 6.267
201706 5.144 103.349 6.716
201709 5.157 104.136 6.682
201712 5.200 104.011 6.746
201803 5.473 105.290 7.014
201806 5.512 106.317 6.995
201809 5.162 106.507 6.539
201812 5.173 105.998 6.585
201903 5.136 107.251 6.461
201906 5.511 108.070 6.881
201909 6.139 108.329 7.646
201912 6.498 108.420 8.087
202003 6.086 108.902 7.540
202006 6.181 108.767 7.668
202009 6.778 109.815 8.328
202012 7.458 109.897 9.157
202103 7.659 111.754 9.247
202106 8.503 114.631 10.008
202109 8.623 115.734 10.053
202112 9.486 117.630 10.881
202203 9.900 121.301 11.012
202206 9.769 125.017 10.543
202209 10.266 125.227 11.061
202212 10.495 125.222 11.308
202303 10.156 127.348 10.760
202306 9.810 128.729 10.282
202309 9.236 129.860 9.596
202312 8.933 129.419 9.313
202403 9.327 131.776 9.550
202406 9.722 132.554 9.896
202409 10.201 133.029 10.347
202412 10.173 133.157 10.308
202503 10.513 134.927 10.513

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


Magic Software Enterprises  (XTAE:MGIC) 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.

Magic Software Enterprises's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=56.50/32.54
=1.74

* 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 Magic Software Enterprises was 3.66. The lowest was 1.12. And the median was 2.24.


Be Aware

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


Magic Software Enterprises Cyclically Adjusted Revenue per Share Related Terms

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


Magic Software Enterprises Business Description

Industry
Traded in Other Exchanges
Address
Yahadut Canada 1 Street, Terminal Center, Or Yehuda, ISR, 6037501
Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. The company generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel, Europe, Japan, and Other countries.