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Reading International (Reading International) Cyclically Adjusted Revenue per Share : $97.79 (As of Mar. 2024)


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What is Reading International 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.

Reading International's adjusted revenue per share for the three months ended in Mar. 2024 was $2.016. 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 $97.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Reading International's average Cyclically Adjusted Revenue Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% 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 Reading International was 19.60% per year. The lowest was -0.90% per year. And the median was 7.60% per year.

As of today (2024-05-28), Reading International's current stock price is $14.40. Reading International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $97.79. Reading International's Cyclically Adjusted PS Ratio of today is 0.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Reading International was 1.68. The lowest was 0.14. And the median was 0.90.


Reading International Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Reading International'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.

Reading International Cyclically Adjusted Revenue per Share Chart

Reading International 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 29.90 50.24 67.36 85.56 87.35

Reading International 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 80.01 104.64 98.50 87.35 97.79

Competitive Comparison of Reading International's Cyclically Adjusted Revenue per Share

For the Entertainment subindustry, Reading International'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.


Reading International's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Reading International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Reading International 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, Reading International'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)
=2.016/131.7762*131.7762
=2.016

Current CPI (Mar. 2024) = 131.7762.

Reading International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.941 100.560 3.854
201409 2.746 100.428 3.603
201412 2.622 99.070 3.488
201503 2.575 99.621 3.406
201506 3.099 100.684 4.056
201509 2.461 100.392 3.230
201512 2.832 99.792 3.740
201603 2.753 100.470 3.611
201606 2.842 101.688 3.683
201609 3.030 101.861 3.920
201612 2.889 101.863 3.737
201703 2.960 102.862 3.792
201706 3.095 103.349 3.946
201709 2.848 104.136 3.604
201712 3.116 104.011 3.948
201803 3.280 105.290 4.105
201806 3.640 106.317 4.512
201809 3.201 106.507 3.960
201812 3.202 105.998 3.981
201903 2.659 107.251 3.267
201906 3.296 108.070 4.019
201909 3.102 108.329 3.773
201912 3.092 108.420 3.758
202003 2.225 108.902 2.692
202006 0.157 108.767 0.190
202009 0.469 109.815 0.563
202012 0.636 109.897 0.763
202103 0.961 111.754 1.133
202106 1.603 114.631 1.843
202109 1.458 115.734 1.660
202112 2.245 117.630 2.515
202203 1.787 121.301 1.941
202206 2.811 125.017 2.963
202209 2.322 125.227 2.443
202212 1.830 125.222 1.926
202303 2.071 127.348 2.143
202306 2.768 128.729 2.834
202309 2.989 129.860 3.033
202312 1.693 129.419 1.724
202403 2.016 131.776 2.016

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


Reading International  (NAS:RDIB) 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.

Reading International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.40/97.79
=0.15

* 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 Reading International was 1.68. The lowest was 0.14. And the median was 0.90.


Be Aware

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


Reading International Cyclically Adjusted Revenue per Share Related Terms

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


Reading International (Reading International) Business Description

Traded in Other Exchanges
Address
189 Second Avenue, Suite 2S, New York, NY, USA, 10003
Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial, and live theater assets.

Reading International (Reading International) Headlines