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Lumentum Holdings (Lumentum Holdings) Cyclically Adjusted Revenue per Share : $23.21 (As of Dec. 2023)


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What is Lumentum Holdings 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.

Lumentum Holdings's adjusted revenue per share for the three months ended in Dec. 2023 was $5.458. 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 $23.21 for the trailing ten years ended in Dec. 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 (2024-04-28), Lumentum Holdings's current stock price is $43.42. Lumentum Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $23.21. Lumentum Holdings's Cyclically Adjusted PS Ratio of today is 1.87.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Lumentum Holdings was 2.51. The lowest was 1.55. And the median was 2.11.


Lumentum Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Lumentum Holdings'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.

Lumentum Holdings Cyclically Adjusted Revenue per Share Chart

Lumentum Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 23.23

Lumentum Holdings 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 - 23.02 23.23 23.32 23.21

Competitive Comparison of Lumentum Holdings's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Lumentum Holdings'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.


Lumentum Holdings's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Lumentum Holdings 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, Lumentum Holdings'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)
=5.458/129.4194*129.4194
=5.458

Current CPI (Dec. 2023) = 129.4194.

Lumentum Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.681 99.695 4.779
201406 3.466 100.560 4.461
201409 3.776 100.428 4.866
201412 3.594 99.070 4.695
201503 3.426 99.621 4.451
201506 3.576 100.684 4.597
201509 3.616 100.392 4.662
201512 3.688 99.792 4.783
201603 3.892 100.470 5.013
201606 4.069 101.688 5.179
201609 4.309 101.861 5.475
201612 4.226 101.863 5.369
201703 4.193 102.862 5.276
201706 3.639 103.349 4.557
201709 3.771 104.136 4.687
201712 6.263 104.011 7.793
201803 4.720 105.290 5.802
201806 4.734 106.317 5.763
201809 5.541 106.507 6.733
201812 5.512 105.998 6.730
201903 5.681 107.251 6.855
201906 5.275 108.070 6.317
201909 5.798 108.329 6.927
201912 5.869 108.420 7.006
202003 5.197 108.902 6.176
202006 4.762 108.767 5.666
202009 5.785 109.815 6.818
202012 6.107 109.897 7.192
202103 5.297 111.754 6.134
202106 5.040 114.631 5.690
202109 5.947 115.734 6.650
202112 5.932 117.630 6.527
202203 5.307 121.301 5.662
202206 5.903 125.017 6.111
202209 7.442 125.227 7.691
202212 7.408 125.222 7.656
202303 5.589 127.348 5.680
202306 5.429 128.729 5.458
202309 4.762 129.860 4.746
202312 5.458 129.419 5.458

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


Lumentum Holdings  (NAS:LITE) 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.

Lumentum Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=43.42/23.21
=1.87

* 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 Lumentum Holdings was 2.51. The lowest was 1.55. And the median was 2.11.


Be Aware

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


Lumentum Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Lumentum Holdings (Lumentum Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lumentum Holdings Inc (NAS:LITE) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
1001 Ridder Park Drive, San Jose, CA, USA, 95131
Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are OpComms and Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.
Executives
Julia Suzanne Johnson director 1001 RIDDER PARK STREET, SAN JOSE CA 95131
Yuen Wupen officer: See Remarks 2911 ZANKER ROAD, SAN JOSE CA 95134
Wajid Ali officer: EVP & Chief Financial Officer 400 N MCCARTHY BLVD, MILPITAS CA 95035
Pamela Fletcher director C/O COHERENT, INC., 5100 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Matthew Joseph Sepe officer: Chief Accounting Officer 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Brian Lillie director 1485 BROOKMILL ROAD, LOS ALTOS CA 94024
Alan S Lowe director, officer: Chief Executive Officer 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Judy G Hamel officer: SVP, GC and Secretary 400 MCCARTHY BLVD, MILPITAS CA 95035
Penny Herscher director 1001 RIDDER PARK DRIVE, SAN JOSE CA 95131
Isaac Hosojiro Harris director 310 W 113TH ST # 801, NEW YORK NY 10026-3389
Vincent Retort officer: EVP, Chief Operating Officer 400 MCCARTHY BLVD, MILPITAS CA 95035
Harold L Covert director 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Jason Reinhardt officer: EVP, Global Sales 400 N. MCCARTHY BLVD, MILPITAS CA 95035
Janet S. Wong director 2510 LAKE FRONT CIRCLE, THE WOODLANDS TX 77380-1576
Samuel F Thomas director 400 N MCCARTHY BLVD, MILPITAS CA 95035

Lumentum Holdings (Lumentum Holdings) Headlines