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PC Connection (PC Connection) Cyclically Adjusted Revenue per Share : $123.01 (As of Dec. 2023)


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What is PC Connection 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.

PC Connection's adjusted revenue per share for the three months ended in Dec. 2023 was $26.284. 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 $123.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PC Connection's average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% 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 PC Connection was 6.40% per year. The lowest was 4.20% per year. And the median was 4.80% per year.

As of today (2024-04-28), PC Connection's current stock price is $63.69. PC Connection's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $123.01. PC Connection's Cyclically Adjusted PS Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PC Connection was 0.55. The lowest was 0.20. And the median was 0.35.


PC Connection Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PC Connection'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.

PC Connection Cyclically Adjusted Revenue per Share Chart

PC Connection 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 99.45 101.98 110.66 119.25 123.01

PC Connection Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 119.25 121.53 122.87 123.68 123.01

Competitive Comparison of PC Connection's Cyclically Adjusted Revenue per Share

For the Electronics & Computer Distribution subindustry, PC Connection'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.


PC Connection's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



PC Connection 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, PC Connection's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=26.284/129.4194*129.4194
=26.284

Current CPI (Dec. 2023) = 129.4194.

PC Connection Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 21.135 99.695 27.437
201406 23.908 100.560 30.769
201409 24.113 100.428 31.074
201412 23.754 99.070 31.031
201503 21.858 99.621 28.396
201506 23.581 100.684 30.311
201509 25.572 100.392 32.966
201512 25.419 99.792 32.966
201603 21.461 100.470 27.645
201606 25.333 101.688 32.242
201609 26.499 101.861 33.668
201612 27.467 101.863 34.898
201703 24.961 102.862 31.405
201706 27.881 103.349 34.914
201709 27.110 104.136 33.692
201712 28.331 104.011 35.252
201803 23.216 105.290 28.537
201806 26.345 106.317 32.070
201809 24.478 106.507 29.744
201812 26.507 105.998 32.364
201903 23.861 107.251 28.793
201906 27.971 108.070 33.497
201909 27.547 108.329 32.910
201912 27.010 108.420 32.241
202003 26.943 108.902 32.019
202006 20.929 108.767 24.903
202009 24.809 109.815 29.238
202012 25.659 109.897 30.217
202103 24.161 111.754 27.980
202106 26.714 114.631 30.160
202109 28.495 115.734 31.864
202112 30.344 117.630 33.385
202203 29.856 121.301 31.854
202206 31.348 125.017 32.452
202209 29.321 125.227 30.303
202212 27.665 125.222 28.592
202303 27.521 127.348 27.969
202306 27.823 128.729 27.972
202309 26.219 129.860 26.130
202312 26.284 129.419 26.284

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


PC Connection  (NAS:CNXN) 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.

PC Connection's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=63.69/123.01
=0.52

* 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 PC Connection was 0.55. The lowest was 0.20. And the median was 0.35.


Be Aware

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


PC Connection Cyclically Adjusted Revenue per Share Related Terms

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


PC Connection (PC Connection) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PC Connection Inc (NAS:CNXN) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
730 Milford Road, Merrimack, NH, USA, 03054-4631
PC Connection Inc is a provider of information technology solutions. It provides products such as computer systems, software and peripheral equipment, networking communications, and other products and accessories that company purchase from manufacturers and distributors. The company also offers services involving design, configuration, and implementation of IT solutions. It conducts business operations through three business segments namely Business Solutions, Enterprise Solutions, and Public Sector Solutions. The company generates maximum revenue Enterprise Solutions segment.
Executives
Thomas C Baker officer: Sr. VP, CFO & Treasurer 730 MILFORD ROAD, MERRIMACK NH 03054
Negrini David Beffa director, officer: VP, Corporate Communications PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Timothy J Mcgrath officer: President & CEO PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Jack L Ferguson officer: Treasurer & Interim CFO PC CONNECTION, INC., 730 MILFORD ROAD, MERRIMACK NH 03054
Barbara Duckett director 730 MILFORD ROAD, MERRIMACK NH 03054
Patricia Gallup director, 10 percent owner, officer: Chairman & Chief Admin Officer 730 MILFORD ROAD, MERRIMACK NH 03054
Pc Connection Inc 10 percent owner ROUTE 101A, 730 MILFORD RD, MERRIMACK NH 03054
Comack Trust 10 percent owner 450 MARLBORO STREET, KEENE NH 03431
Jay E Bothwick director C/O PC CONENCTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Gary Kinyon director 730 MILFORD ROAD, MERRIMACK NH 03054
Estate Of David Mclellan Hall 10 percent owner C/O PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Joseph A Baute director 730 MILFORD ROAD, MERRIMACK NH 03054
Stephen P Sarno officer: Sr. VP, Treasurer & CFO C/O SAPIENT CORPORATION, 25 FIRST STREET, CAMBRIDGE MA 02141
David Hall director, 10 percent owner, officer: Vice Chairman 730 MILFORD ROAD, MERRIMACK NH 03054
Glynn W Schulze officer: Interim CFO and VP C/O PC CONNECTION, INC., 730 MILFORD ROAD, MERRIMACK NH 03054