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Viavi Solutions (Viavi Solutions) Cyclically Adjusted Revenue per Share : $4.98 (As of Dec. 2023)


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What is Viavi Solutions 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.

Viavi Solutions's adjusted revenue per share for the three months ended in Dec. 2023 was $1.139. 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 $4.98 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Viavi Solutions's average Cyclically Adjusted Revenue Growth Rate was -5.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.70% 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 Viavi Solutions was 5.10% per year. The lowest was -15.20% per year. And the median was -1.55% per year.

As of today (2024-04-27), Viavi Solutions's current stock price is $8.01. Viavi Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.98. Viavi Solutions's Cyclically Adjusted PS Ratio of today is 1.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Viavi Solutions was 3.31. The lowest was 0.76. And the median was 1.77.


Viavi Solutions Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Viavi Solutions'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.

Viavi Solutions Cyclically Adjusted Revenue per Share Chart

Viavi Solutions 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 5.71 5.49 5.37 5.48 5.21

Viavi Solutions 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 5.28 5.26 5.21 5.14 4.98

Competitive Comparison of Viavi Solutions's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Viavi Solutions'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.


Viavi Solutions's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Viavi Solutions 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, Viavi Solutions'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)
=1.139/129.4194*129.4194
=1.139

Current CPI (Dec. 2023) = 129.4194.

Viavi Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.786 99.695 2.319
201406 -1.568 100.560 -2.018
201409 0.933 100.428 1.202
201412 0.975 99.070 1.274
201503 0.911 99.621 1.183
201506 0.937 100.684 1.204
201509 0.973 100.392 1.254
201512 0.979 99.792 1.270
201603 0.939 100.470 1.210
201606 0.963 101.688 1.226
201609 0.890 101.861 1.131
201612 0.882 101.863 1.121
201703 0.835 102.862 1.051
201706 0.832 103.349 1.042
201709 0.837 104.136 1.040
201712 0.903 104.011 1.124
201803 0.966 105.290 1.187
201806 1.151 106.317 1.401
201809 1.182 106.507 1.436
201812 1.332 105.998 1.626
201903 1.162 107.251 1.402
201906 1.202 108.070 1.439
201909 1.268 108.329 1.515
201912 1.316 108.420 1.571
202003 1.114 108.902 1.324
202006 1.158 108.767 1.378
202009 1.228 109.815 1.447
202012 1.298 109.897 1.529
202103 1.263 111.754 1.463
202106 1.285 114.631 1.451
202109 1.414 115.734 1.581
202112 1.299 117.630 1.429
202203 1.332 121.301 1.421
202206 1.307 125.017 1.353
202209 1.346 125.227 1.391
202212 1.253 125.222 1.295
202303 1.106 127.348 1.124
202306 1.179 128.729 1.185
202309 1.106 129.860 1.102
202312 1.139 129.419 1.139

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


Viavi Solutions  (NAS:VIAV) 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.

Viavi Solutions's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.01/4.98
=1.61

* 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 Viavi Solutions was 3.31. The lowest was 0.76. And the median was 1.77.


Be Aware

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


Viavi Solutions Cyclically Adjusted Revenue per Share Related Terms

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


Viavi Solutions (Viavi Solutions) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Viavi Solutions Inc (NAS:VIAV) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
1445 South Spectrum Boulevard, Suite 102, Chandler, AZ, USA, 85286
Viavi Solutions Inc. is a global provider of network test, monitoring and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers. The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense and instrumentation markets. Its operating segments include Network Enablement, Service Enablement, and Optical Security and Performance Products. Geographically, it derives a majority of revenue from the United States.
Executives
Paul Mcnab officer: EVP, Chief Mktg & Stgy Officer C/O JDS UNIPHASE CORPORATION, 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Gary W Staley officer: SVP Global Sales NSE VIAVI SOLUTIONS, INC., 430 NORTH MCCARTHY BLVD., MILPITAS CA 95035
Ralph Rondinone officer: SVP Global Operations NSE C/O JDS UNIPHASE, 430 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035
Kevin Christopher Siebert officer: SVP Gen. Counsel & Secretary 430 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035
Luke M Scrivanich officer: SVP General Manager OSP 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Oleg Khaykin officer: President & CEO
Doug Gilstrap director 1445 SOUTH SPECTRUM BLVD., SUITE 102, CHANDLER AZ 85286
Joanne Solomon director 1900 S. PRICE ROAD, CHANDLER AZ 85286
Richard Belluzzo director C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035
Timothy Campos director C/O JDS UNIPHASE CORPORATION, 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Henk Derksen officer: EVP, CFO 1 N. BRENTWOOD BLVD., SUITE 1500, SAINT LOUIS MO 63105
Pamela K. Avent officer: Interim CFO C/O VIAVI SOLUTIONS INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Glenda Dorchak director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Tor Braham director C/O NETAPP, 495 E. JAVA DRIVE, SUNNYVALE CA 94089