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Telefonaktiebolaget L M Ericsson (BUE:ERIC) Cyclically Adjusted Revenue per Share : ARS4,357.55 (As of Mar. 2024)


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What is Telefonaktiebolaget L M Ericsson 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.

Telefonaktiebolaget L M Ericsson's adjusted revenue per share for the three months ended in Mar. 2024 was ARS2,587.796. 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 ARS4,357.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Telefonaktiebolaget L M Ericsson's average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.50% 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 Telefonaktiebolaget L M Ericsson was 15.00% per year. The lowest was -12.20% per year. And the median was 1.50% per year.

As of today (2024-04-29), Telefonaktiebolaget L M Ericsson's current stock price is ARS2805.50. Telefonaktiebolaget L M Ericsson's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS4,357.55. Telefonaktiebolaget L M Ericsson's Cyclically Adjusted PS Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Telefonaktiebolaget L M Ericsson was 1.71. The lowest was 0.58. And the median was 1.16.


Telefonaktiebolaget L M Ericsson Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Telefonaktiebolaget L M Ericsson'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.

Telefonaktiebolaget L M Ericsson Cyclically Adjusted Revenue per Share Chart

Telefonaktiebolaget L M Ericsson 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 47.18 665.60 824.23 1,351.54 4,116.39

Telefonaktiebolaget L M Ericsson 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 1,621.30 2,019.97 3,172.73 4,116.39 4,357.55

Competitive Comparison of Telefonaktiebolaget L M Ericsson's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Telefonaktiebolaget L M Ericsson'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.


Telefonaktiebolaget L M Ericsson's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Telefonaktiebolaget L M Ericsson's Cyclically Adjusted PS Ratio falls into.



Telefonaktiebolaget L M Ericsson 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, Telefonaktiebolaget L M Ericsson'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)
=2587.796/130.9575*130.9575
=2,587.796

Current CPI (Mar. 2024) = 130.9575.

Telefonaktiebolaget L M Ericsson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 40.792 100.432 53.190
201409 41.628 100.161 54.427
201412 46.522 100.225 60.787
201503 33.725 99.950 44.187
201506 40.670 99.995 53.263
201509 40.506 100.228 52.925
201512 60.794 100.276 79.395
201603 55.546 100.751 72.199
201606 55.255 101.019 71.630
201609 54.109 101.138 70.063
201612 65.304 102.022 83.826
201703 49.906 102.022 64.061
201706 57.585 102.752 73.392
201709 65.066 103.279 82.504
201712 80.228 103.793 101.225
201803 63.904 103.962 80.498
201806 84.976 104.875 106.110
201809 133.357 105.679 165.256
201812 161.765 105.912 200.019
201903 123.739 105.886 153.037
201906 156.560 106.742 192.078
201909 197.882 107.214 241.705
201912 253.838 107.766 308.465
202003 189.146 106.563 232.446
202006 245.518 107.498 299.098
202009 289.469 107.635 352.191
202012 406.830 108.296 491.963
202103 315.426 108.360 381.207
202106 372.054 108.928 447.300
202109 381.903 110.338 453.271
202112 475.711 112.486 553.829
202203 370.882 114.825 422.989
202206 449.326 118.384 497.050
202209 519.827 122.296 556.642
202212 833.205 126.365 863.485
202303 707.590 127.042 729.400
202306 860.772 129.407 871.089
202309 1,219.916 130.224 1,226.792
202312 1,519.362 130.958 1,519.362
202403 2,587.796 130.958 2,587.796

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


Telefonaktiebolaget L M Ericsson  (BUE:ERIC) 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.

Telefonaktiebolaget L M Ericsson's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2805.50/4357.55
=0.64

* 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 Telefonaktiebolaget L M Ericsson was 1.71. The lowest was 0.58. And the median was 1.16.


Be Aware

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


Telefonaktiebolaget L M Ericsson Cyclically Adjusted Revenue per Share Related Terms

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


Telefonaktiebolaget L M Ericsson (BUE:ERIC) Business Description

Industry
Address
Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83
Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.