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Syneos Health (FRA:8IN) Cyclically Adjusted Revenue per Share : €38.48 (As of Jun. 2023)


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What is Syneos Health 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.

Syneos Health's adjusted revenue per share for the three months ended in Jun. 2023 was €12.084. 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 €38.48 for the trailing ten years ended in Jun. 2023.

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.

As of today (2024-05-16), Syneos Health's current stock price is €40.00. Syneos Health's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was €38.48. Syneos Health's Cyclically Adjusted PS Ratio of today is 1.04.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Syneos Health was 1.38. The lowest was 0.82. And the median was 0.99.


Syneos Health Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Syneos Health'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.

Syneos Health Cyclically Adjusted Revenue per Share Chart

Syneos Health Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 36.90

Syneos Health Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - 36.55 36.90 37.82 38.48

Competitive Comparison of Syneos Health's Cyclically Adjusted Revenue per Share

For the Diagnostics & Research subindustry, Syneos Health'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.


Syneos Health's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Syneos Health's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Syneos Health 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, Syneos Health's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=12.084/128.7287*128.7287
=12.084

Current CPI (Jun. 2023) = 128.7287.

Syneos Health Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 3.684 98.790 4.800
201312 3.531 98.326 4.623
201403 3.717 99.695 4.800
201406 4.030 100.560 5.159
201409 4.413 100.428 5.657
201412 4.621 99.070 6.004
201503 4.523 99.621 5.845
201506 4.970 100.684 6.354
201509 5.309 100.392 6.808
201512 6.365 99.792 8.211
201603 6.641 100.470 8.509
201606 6.343 101.688 8.030
201609 6.282 101.861 7.939
201612 7.008 101.863 8.856
201703 6.478 102.862 8.107
201706 6.294 103.349 7.840
201709 7.916 104.136 9.785
201712 8.718 104.011 10.790
201803 8.209 105.290 10.036
201806 8.827 106.317 10.688
201809 9.275 106.507 11.210
201812 9.285 105.998 11.276
201903 9.581 107.251 11.500
201906 9.852 108.070 11.735
201909 10.176 108.329 12.092
201912 10.360 108.420 12.301
202003 9.966 108.902 11.780
202006 8.553 108.767 10.123
202009 8.837 109.815 10.359
202012 8.890 109.897 10.413
202103 9.628 111.754 11.090
202106 10.137 114.631 11.384
202109 10.937 115.734 12.165
202112 11.576 117.630 12.668
202203 11.621 121.301 12.333
202206 12.489 125.017 12.860
202209 13.077 125.227 13.443
202212 12.437 125.222 12.785
202303 12.265 127.348 12.398
202306 12.084 128.729 12.084

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


Syneos Health  (FRA:8IN) 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.

Syneos Health's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=40.00/38.48
=1.04

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Syneos Health was 1.38. The lowest was 0.82. And the median was 0.99.


Be Aware

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


Syneos Health Cyclically Adjusted Revenue per Share Related Terms

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


Syneos Health (FRA:8IN) Business Description

Traded in Other Exchanges
N/A
Address
1030 Sync Street, Morrisville, NC, USA, 27560-5468
Syneos is a global contract research and outsourced commercialization organization that provides services to pharmaceutical and biotechnology firms. Its clinical solutions segment offers early- to late-stage clinical trial support that ranges from specialized staffing models to strategic partnerships that oversee nearly all aspects of a drug program, while the company's commercialization solutions includes outsourced sales, consulting, public relations, and advertising services.

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