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ZTE (ZTCOF) Cyclically Adjusted Revenue per Share : $2.38 (As of Mar. 2025)


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What is ZTE 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.

ZTE's adjusted revenue per share for the three months ended in Mar. 2025 was $0.945. 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 $2.38 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ZTE's average Cyclically Adjusted Revenue Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% 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 ZTE was 19.80% per year. The lowest was 1.20% per year. And the median was 11.00% per year.

As of today (2025-05-19), ZTE's current stock price is $2.855. ZTE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $2.38. ZTE's Cyclically Adjusted PS Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ZTE was 2.13. The lowest was 0.60. And the median was 1.22.


ZTE Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for ZTE'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.

ZTE Cyclically Adjusted Revenue per Share Chart

ZTE 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 1.81 1.91 2.03 2.14 1.71

ZTE 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 1.73 1.82 2.21 1.71 2.38

Competitive Comparison of ZTE's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, ZTE'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.


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

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

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


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ZTE 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, ZTE'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)
=0.945/115.1156*115.1156
=0.945

Current CPI (Mar. 2025) = 115.1156.

ZTE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.849 99.500 0.982
201509 0.863 100.500 0.989
201512 1.208 100.600 1.382
201603 0.814 102.200 0.917
201606 0.918 101.400 1.042
201609 0.849 102.400 0.954
201612 1.042 102.600 1.169
201703 0.892 103.200 0.995
201706 1.000 103.100 1.117
201709 0.789 104.100 0.872
201712 1.168 104.500 1.287
201803 1.039 105.300 1.136
201806 0.441 104.900 0.484
201809 0.699 106.600 0.755
201812 0.939 106.500 1.015
201903 0.767 107.700 0.820
201906 0.756 107.700 0.808
201909 0.654 109.800 0.686
201912 0.891 111.200 0.922
202003 0.706 112.300 0.724
202006 0.733 110.400 0.764
202009 0.879 111.700 0.906
202012 0.883 111.500 0.912
202103 0.868 112.662 0.887
202106 0.902 111.769 0.929
202109 1.020 112.215 1.046
202112 1.047 113.108 1.066
202203 0.933 114.335 0.939
202206 0.993 114.558 0.998
202209 0.993 115.339 0.991
202212 0.929 115.116 0.929
202303 0.896 115.116 0.896
202306 0.918 114.558 0.922
202309 0.830 115.339 0.828
202312 1.022 114.781 1.025
202403 0.883 115.227 0.882
202406 0.927 114.781 0.930
202409 0.806 115.785 0.801
202412 0.900 114.893 0.902
202503 0.945 115.116 0.945

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


ZTE  (OTCPK:ZTCOF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.855/2.38
=1.20

* 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 ZTE was 2.13. The lowest was 0.60. And the median was 1.22.


Be Aware

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


ZTE Cyclically Adjusted Revenue per Share Related Terms

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


ZTE Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ZTE Corp (OTCPK:ZTCOF) » Definitions » Cyclically Adjusted Revenue per Share
Address
ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
ZTE Corp is a provider of integrated telecommunications and IT solutions with a full range of end-to-end ICT products and solutions integrating design, development, production, sales, and services with a special focus on carriers' networks, government and corporate business, and consumer business. It operates in three segments Carriers' network, Consumer Business, and Government and Corporate Business. It generates a majority of its revenue from equipment supporting carriers' networks. It has a presence in the PRC, Asia, Africa, Europe, and the Americas. It generates the majority of its revenue from the PRC region.