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Research Frontiers (Research Frontiers) Cyclically Adjusted Revenue per Share : $0.06 (As of Dec. 2023)


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What is Research Frontiers 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.

Research Frontiers's adjusted revenue per share for the three months ended in Dec. 2023 was $0.009. 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 $0.06 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Research Frontiers's average Cyclically Adjusted Revenue Growth Rate was -14.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% 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 Research Frontiers was 18.60% per year. The lowest was -20.60% per year. And the median was 10.10% per year.

As of today (2024-04-27), Research Frontiers's current stock price is $1.59. Research Frontiers's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.06. Research Frontiers's Cyclically Adjusted PS Ratio of today is 26.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Research Frontiers was 139.60. The lowest was 7.50. And the median was 35.93.


Research Frontiers Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Research Frontiers'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.

Research Frontiers Cyclically Adjusted Revenue per Share Chart

Research Frontiers 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 0.07 0.07 0.07 0.07 0.06

Research Frontiers 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 0.07 0.06 0.06 0.06 0.06

Competitive Comparison of Research Frontiers's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Research Frontiers'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.


Research Frontiers's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Research Frontiers 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, Research Frontiers'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)
=0.009/129.4194*129.4194
=0.009

Current CPI (Dec. 2023) = 129.4194.

Research Frontiers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.013 99.695 0.017
201406 0.017 100.560 0.022
201409 0.019 100.428 0.024
201412 0.018 99.070 0.024
201503 0.016 99.621 0.021
201506 0.033 100.684 0.042
201509 0.019 100.392 0.024
201512 0.016 99.792 0.021
201603 0.017 100.470 0.022
201606 0.010 101.688 0.013
201609 0.013 101.861 0.017
201612 0.012 101.863 0.015
201703 0.016 102.862 0.020
201706 0.014 103.349 0.018
201709 0.020 104.136 0.025
201712 0.012 104.011 0.015
201803 0.018 105.290 0.022
201806 0.013 106.317 0.016
201809 0.014 106.507 0.017
201812 0.013 105.998 0.016
201903 0.015 107.251 0.018
201906 0.010 108.070 0.012
201909 0.015 108.329 0.018
201912 0.012 108.420 0.014
202003 0.011 108.902 0.013
202006 0.006 108.767 0.007
202009 0.005 109.815 0.006
202012 0.004 109.897 0.005
202103 0.007 111.754 0.008
202106 0.004 114.631 0.005
202109 0.023 115.734 0.026
202112 0.007 117.630 0.008
202203 0.005 121.301 0.005
202206 0.003 125.017 0.003
202209 0.005 125.227 0.005
202212 0.004 125.222 0.004
202303 0.007 127.348 0.007
202306 0.006 128.729 0.006
202309 0.005 129.860 0.005
202312 0.009 129.419 0.009

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


Research Frontiers  (NAS:REFR) 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.

Research Frontiers's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.59/0.06
=26.50

* 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 Research Frontiers was 139.60. The lowest was 7.50. And the median was 35.93.


Be Aware

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


Research Frontiers Cyclically Adjusted Revenue per Share Related Terms

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


Research Frontiers (Research Frontiers) Business Description

Industry
Traded in Other Exchanges
N/A
Address
240 Crossways Park Drive, Woodbury, NY, USA, 11797-2033
Research Frontiers Inc is engaged in the development and marketing of technology and devices to control the flow of light. The company develops and licenses its patented suspended particle device light-control technology to other companies that manufacture and market the SPD-Smart chemical emulsion, the light-control film made from the chemical emulsion, the light-control panels made by laminating the film, electronics to power end-products incorporating the film, or lamination services for, and the end-products. Its revenue source comes from the licensing of technology.
Executives
Darryl Daigle director 3213 WYTCHWOOD DRIVE, MORGAN CITY LA 70380
Eyal Peso director C/O GAUZY LTD., 14 HATHIYA STREET, TEL AVIV-YAFO L3 6816914
Kevin Douglas 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
William Graham Settle director 6003 COBRIDGE SQUARE, RALEIGH NC 27609
Michael R Lapointe officer: Vice President-Marketing
Alexander Kaganowicz director 1217 CARLLS STRAIGHT PATH, DIX HILLS NY 11746
Joseph M Harary director, officer: Persident and CEO
Grimes George Gregory director 24 FIFTH AVENUE, APT. 1530, NEW YORK NY 10011
Douglas Family Trust 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
James & Jean Douglas Irrevocable Descendants Trust 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Voorhees Seth Van officer: VicePresident-Business Dev/CFO 12 HARVEY DRIVE, SHORT HILLS NJ 07078
Robert L Saxe director, officer: Chairman/CTO
Steven Michael Slovak officer: Vice President-Technology 240 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Jack Derby director 399 BOYLSTON STREET, BOSTON MA 02117
Victor F Keen director C/O RESEARCH FRONTIERS INC., 240 CROSSWAYS PARK DRIVE, WOODBURY NY 11797

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