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Ztest Electronics (Ztest Electronics) Cyclically Adjusted Revenue per Share : $0.18 (As of Mar. 2024)


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What is Ztest Electronics 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.

Ztest Electronics's adjusted revenue per share for the three months ended in Mar. 2024 was $0.062. 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 $0.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ztest Electronics's average Cyclically Adjusted Revenue Growth Rate was -6.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -10.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -10.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -9.40% 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 Ztest Electronics was -4.10% per year. The lowest was -17.60% per year. And the median was -9.60% per year.

As of today (2024-06-22), Ztest Electronics's current stock price is $0.19. Ztest Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.18. Ztest Electronics's Cyclically Adjusted PS Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ztest Electronics was 1.91. The lowest was 0.03. And the median was 0.33.


Ztest Electronics Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ztest Electronics'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.

Ztest Electronics Cyclically Adjusted Revenue per Share Chart

Ztest Electronics 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 0.60 0.29 0.28 0.27 0.04

Ztest Electronics 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 0.12 0.04 0.04 0.17 0.18

Competitive Comparison of Ztest Electronics's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Ztest Electronics'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.


Ztest Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Ztest Electronics 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, Ztest Electronics'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)
=0.062/126.2576*126.2576
=0.062

Current CPI (Mar. 2024) = 126.2576.

Ztest Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.087 99.473 0.110
201409 0.091 99.394 0.116
201412 0.056 98.367 0.072
201503 0.079 99.789 0.100
201506 0.085 100.500 0.107
201509 0.062 100.421 0.078
201512 0.084 99.947 0.106
201603 0.078 101.054 0.097
201606 0.074 102.002 0.092
201609 0.058 101.765 0.072
201612 0.030 101.449 0.037
201703 0.049 102.634 0.060
201706 0.051 103.029 0.062
201709 0.054 103.345 0.066
201712 0.036 103.345 0.044
201803 0.029 105.004 0.035
201806 0.038 105.557 0.045
201809 0.037 105.636 0.044
201812 0.040 105.399 0.048
201903 0.038 106.979 0.045
201906 0.045 107.690 0.053
201909 0.032 107.611 0.038
201912 0.030 107.769 0.035
202003 0.036 107.927 0.042
202006 0.035 108.401 0.041
202009 0.031 108.164 0.036
202012 0.030 108.559 0.035
202103 0.035 110.298 0.040
202106 0.032 111.720 0.036
202109 0.020 112.905 0.022
202112 0.024 113.774 0.027
202203 0.039 117.646 0.042
202206 0.049 120.806 0.051
202209 0.033 120.648 0.035
202212 0.031 120.964 0.032
202303 0.044 122.702 0.045
202306 0.051 124.203 0.052
202309 0.052 125.230 0.052
202312 0.064 125.072 0.065
202403 0.062 126.258 0.062

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


Ztest Electronics  (OTCPK:ZTSTF) 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.

Ztest Electronics's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.19/0.18
=1.06

* 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 Ztest Electronics was 1.91. The lowest was 0.03. And the median was 0.33.


Be Aware

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


Ztest Electronics Cyclically Adjusted Revenue per Share Related Terms

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


Ztest Electronics (Ztest Electronics) Business Description

Industry
Traded in Other Exchanges
Address
523 McNicoll Avenue, North York, Toronto, ON, CAN, M2H 2C9
Ztest Electronics Inc is a Canada-based company. It is involved in the designing, developing, and assembling printed circuit boards and other electronic equipment. Geographically, the company operates in Canada only.