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Vecima Networks (TSX:VCM) Cyclically Adjusted Revenue per Share : C$6.41 (As of Dec. 2023)


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What is Vecima Networks 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.

Vecima Networks's adjusted revenue per share for the three months ended in Dec. 2023 was C$2.548. 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 C$6.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Vecima Networks's average Cyclically Adjusted Revenue Growth Rate was 15.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% 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 Vecima Networks was 12.60% per year. The lowest was -2.90% per year. And the median was -0.75% per year.

As of today (2024-04-28), Vecima Networks's current stock price is C$19.91. Vecima Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$6.41. Vecima Networks's Cyclically Adjusted PS Ratio of today is 3.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vecima Networks was 4.10. The lowest was 1.75. And the median was 2.36.


Vecima Networks Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Vecima Networks'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.

Vecima Networks Cyclically Adjusted Revenue per Share Chart

Vecima Networks 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 4.41 4.27 4.51 5.17 6.09

Vecima Networks 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 5.55 5.83 6.09 6.27 6.41

Competitive Comparison of Vecima Networks's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Vecima Networks'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.


Vecima Networks's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Vecima Networks 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, Vecima Networks'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)
=2.548/125.4675*125.4675
=2.548

Current CPI (Dec. 2023) = 125.4675.

Vecima Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.011 98.604 1.286
201406 1.113 99.473 1.404
201409 1.033 99.394 1.304
201412 1.059 98.367 1.351
201503 1.035 99.789 1.301
201506 0.932 100.500 1.164
201509 1.152 100.421 1.439
201512 1.094 99.947 1.373
201603 1.275 101.054 1.583
201606 0.973 102.002 1.197
201609 0.930 101.765 1.147
201612 0.903 101.449 1.117
201703 0.701 102.634 0.857
201706 0.652 103.029 0.794
201709 0.663 103.345 0.805
201712 0.656 103.345 0.796
201803 1.073 105.004 1.282
201806 1.087 105.557 1.292
201809 0.954 105.636 1.133
201812 1.013 105.399 1.206
201903 0.909 106.979 1.066
201906 0.928 107.690 1.081
201909 0.899 107.611 1.048
201912 1.119 107.769 1.303
202003 1.100 107.927 1.279
202006 1.144 108.401 1.324
202009 1.215 108.164 1.409
202012 1.305 108.559 1.508
202103 1.391 110.298 1.582
202106 1.564 111.720 1.756
202109 1.403 112.905 1.559
202112 1.886 113.774 2.080
202203 2.201 117.646 2.347
202206 2.592 120.806 2.692
202209 3.175 120.648 3.302
202212 3.265 120.964 3.387
202303 3.230 122.702 3.303
202306 3.117 124.203 3.149
202309 2.527 125.230 2.532
202312 2.548 125.468 2.548

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


Vecima Networks  (TSX:VCM) 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.

Vecima Networks's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.91/6.41
=3.11

* 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 Vecima Networks was 4.10. The lowest was 1.75. And the median was 2.36.


Be Aware

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


Vecima Networks Cyclically Adjusted Revenue per Share Related Terms

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


Vecima Networks (TSX:VCM) Business Description

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771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.

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