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Ituran Location and Control (Ituran Location and Control) Cyclically Adjusted Revenue per Share : $13.84 (As of Dec. 2023)


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What is Ituran Location and Control 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.

Ituran Location and Control's adjusted revenue per share for the three months ended in Dec. 2023 was $3.947. 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 $13.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ituran Location and Control's average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% 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 Ituran Location and Control was 9.70% per year. The lowest was 5.50% per year. And the median was 8.10% per year.

As of today (2024-04-28), Ituran Location and Control's current stock price is $25.67. Ituran Location and Control's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $13.84. Ituran Location and Control's Cyclically Adjusted PS Ratio of today is 1.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ituran Location and Control was 4.48. The lowest was 1.29. And the median was 2.86.


Ituran Location and Control Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ituran Location and Control'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.

Ituran Location and Control Cyclically Adjusted Revenue per Share Chart

Ituran Location and Control 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 9.99 10.47 11.60 12.87 13.84

Ituran Location and Control 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 12.87 13.23 13.51 13.77 13.84

Competitive Comparison of Ituran Location and Control's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Ituran Location and Control'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.


Ituran Location and Control's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Ituran Location and Control's Cyclically Adjusted PS Ratio falls into.



Ituran Location and Control 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, Ituran Location and Control'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)
=3.947/129.4194*129.4194
=3.947

Current CPI (Dec. 2023) = 129.4194.

Ituran Location and Control Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.168 99.695 2.814
201406 2.224 100.560 2.862
201409 2.217 100.428 2.857
201412 2.077 99.070 2.713
201503 2.108 99.621 2.739
201506 2.090 100.684 2.686
201509 2.090 100.392 2.694
201512 2.088 99.792 2.708
201603 2.251 100.470 2.900
201606 2.349 101.688 2.990
201609 2.516 101.861 3.197
201612 2.402 101.863 3.052
201703 2.673 102.862 3.363
201706 2.737 103.349 3.427
201709 2.891 104.136 3.593
201712 2.889 104.011 3.595
201803 3.008 105.290 3.697
201806 2.753 106.317 3.351
201809 2.541 106.507 3.088
201812 3.706 105.998 4.525
201903 3.463 107.251 4.179
201906 3.386 108.070 4.055
201909 3.279 108.329 3.917
201912 3.147 108.420 3.757
202003 3.285 108.902 3.904
202006 2.561 108.767 3.047
202009 2.899 109.815 3.417
202012 3.056 109.897 3.599
202103 3.237 111.754 3.749
202106 3.241 114.631 3.659
202109 3.159 115.734 3.533
202112 3.407 117.630 3.748
202203 3.510 121.301 3.745
202206 3.587 125.017 3.713
202209 3.571 125.227 3.691
202212 3.680 125.222 3.803
202303 3.912 127.348 3.976
202306 4.058 128.729 4.080
202309 4.071 129.860 4.057
202312 3.947 129.419 3.947

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


Ituran Location and Control  (NAS:ITRN) 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.

Ituran Location and Control's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.67/13.84
=1.85

* 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 Ituran Location and Control was 4.48. The lowest was 1.29. And the median was 2.86.


Be Aware

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


Ituran Location and Control Cyclically Adjusted Revenue per Share Related Terms

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


Ituran Location and Control (Ituran Location and Control) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Hashikma Street, Azour, ISR, 5800182
Ituran Location and Control Ltd is a provider of location-based services. The company operates in two segments, namely Telematics services, and Telematics products. The Telematics services segment consists of regionally- based stolen vehicle recovery (SVR) services, fleet management services, and value-added services comprised of personal advanced locater services and concierge services. The Telematics product segment consists of short and medium-range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification. Its geographical segments include Israel, Brazil, and Others.