GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gowing Bros Ltd (ASX:GOW) » Definitions » Cyclically Adjusted Revenue per Share

Gowing Bros (ASX:GOW) Cyclically Adjusted Revenue per Share : A$1.15 (As of Jan. 2024)


View and export this data going back to 1962. Start your Free Trial

What is Gowing Bros 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.

Gowing Bros's adjusted revenue per share data for the fiscal year that ended in Jul. 2023 was A$0.982. 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 A$1.15 for the trailing ten years ended in Jul. 2023.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.50% 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 Gowing Bros was 17.20% per year. The lowest was -24.50% per year. And the median was 0.70% per year.

As of today (2024-04-27), Gowing Bros's current stock price is A$ 2.25. Gowing Bros's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul. 2023 was A$1.15. Gowing Bros's Cyclically Adjusted PS Ratio of today is 1.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gowing Bros was 5.49. The lowest was 1.35. And the median was 2.69.


Gowing Bros Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Gowing Bros'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.

Gowing Bros Cyclically Adjusted Revenue per Share Chart

Gowing Bros Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.78 0.89 1.05 1.15

Gowing Bros Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 1.05 - 1.15 -

Competitive Comparison of Gowing Bros's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Gowing Bros'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.


Gowing Bros's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gowing Bros's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Gowing Bros 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, Gowing Bros's adjusted Revenue per Share data for the fiscal year that ended in Jul. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Jul. 2023 (Change)*Current CPI (Jul. 2023)
=0.982/125.6559*125.6559
=0.982

Current CPI (Jul. 2023) = 125.6559.

Gowing Bros Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201407 0.626 98.816 0.796
201507 0.744 100.302 0.932
201607 0.825 101.602 1.020
201707 1.347 103.460 1.636
201807 1.082 105.410 1.290
201907 0.541 107.174 0.634
202007 1.094 107.917 1.274
202107 1.323 111.168 1.495
202207 1.413 119.248 1.489
202307 0.982 125.656 0.982

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


Gowing Bros  (ASX:GOW) 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.

Gowing Bros's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.25/1.15
=1.96

* 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 Gowing Bros was 5.49. The lowest was 1.35. And the median was 2.69.


Be Aware

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


Gowing Bros Cyclically Adjusted Revenue per Share Related Terms

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


Gowing Bros (ASX:GOW) Business Description

Industry
Traded in Other Exchanges
N/A
Address
35-61 Harbour Drive, Suite 303, Coffs Harbour, NSW, AUS, 2450
Gowing Bros Ltd operates as an investment and wealth management company in Australia. Its operating segments include Cash & fixed interest, Equities, Private equities, Investment properties, Development properties, Surf Hardware International business, and others. The company generates majority of its revenue from Surf Hardware International business. Its geographical segments include Australia, the United States, Japan, and Europe.

Gowing Bros (ASX:GOW) Headlines

No Headlines