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Aspen Technology (FRA:YV0) Cyclically Adjusted Revenue per Share : €9.82 (As of Mar. 2024)


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What is Aspen Technology 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.

Aspen Technology's adjusted revenue per share for the three months ended in Mar. 2024 was €4.010. 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 €9.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aspen Technology's average Cyclically Adjusted Revenue Growth Rate was 16.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 20.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% 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 Aspen Technology was 20.10% per year. The lowest was -13.70% per year. And the median was -2.70% per year.

As of today (2024-06-10), Aspen Technology's current stock price is €190.00. Aspen Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €9.82. Aspen Technology's Cyclically Adjusted PS Ratio of today is 19.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Aspen Technology was 29.39. The lowest was 6.04. And the median was 18.40.


Aspen Technology Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Aspen Technology'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.

Aspen Technology Cyclically Adjusted Revenue per Share Chart

Aspen Technology 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 4.22 4.95 5.79 - 8.83

Aspen Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.05 8.83 9.58 9.34 9.82

Competitive Comparison of Aspen Technology's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Aspen Technology'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.


Aspen Technology's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Aspen Technology 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, Aspen Technology's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.01/131.7762*131.7762
=4.010

Current CPI (Mar. 2024) = 131.7762.

Aspen Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.805 100.560 1.055
201409 0.905 100.428 1.187
201412 0.966 99.070 1.285
201503 1.171 99.621 1.549
201506 1.187 100.684 1.554
201509 1.271 100.392 1.668
201512 1.307 99.792 1.726
201603 1.284 100.470 1.684
201606 1.238 101.688 1.604
201609 1.347 101.861 1.743
201612 1.470 101.863 1.902
201703 1.464 102.862 1.876
201706 1.605 103.349 2.046
201709 1.442 104.136 1.825
201712 1.221 104.011 1.547
201803 1.426 105.290 1.785
201806 1.747 106.317 2.165
201809 1.359 106.507 1.681
201812 1.735 105.998 2.157
201903 1.867 107.251 2.294
201906 2.464 108.070 3.005
201909 1.836 108.329 2.233
201912 1.647 108.420 2.002
202003 1.726 108.902 2.089
202006 2.630 108.767 3.186
202009 1.429 109.815 1.715
202012 2.809 109.897 3.368
202103 1.992 111.754 2.349
202106 2.393 114.631 2.751
202109 1.803 115.734 2.053
202112 1.993 117.630 2.233
202203 2.116 121.301 2.299
202206 5.512 125.017 5.810
202209 3.930 125.227 4.136
202212 3.547 125.222 3.733
202303 3.314 127.348 3.429
202306 4.580 128.729 4.688
202309 3.632 129.860 3.686
202312 3.702 129.419 3.769
202403 4.010 131.776 4.010

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


Aspen Technology  (FRA:YV0) 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.

Aspen Technology's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=190.00/9.82
=19.35

* 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 Aspen Technology was 29.39. The lowest was 6.04. And the median was 18.40.


Be Aware

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


Aspen Technology Cyclically Adjusted Revenue per Share Related Terms

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


Aspen Technology (FRA:YV0) Business Description

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Aspen Technology is a global leader in asset optimization software, enabling customers within capital-intensive industries to design, operate and maintain their functions to meet their profitability, safety, and sustainability goals. The heritage business of AspenTech was founded in 1981 and provides software solutions purposed to optimize engineering, manufacturing, and supply chain and asset management functions. In 2021, Emerson Electric traded over $6 billion in cash and its Open Systems International (digital grid management) and subsurface science and engineering businesses for 55% of AspenTech's shares. The new AspenTech is the combination of heritage Aspen, OSI, and SSE and serves more than 3,000 customers across 40 countries.

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