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Aspen Group (Aspen Group) Cyclically Adjusted Revenue per Share : $1.99 (As of Jan. 2023)


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What is Aspen Group 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 Group's adjusted revenue per share for the three months ended in Jan. 2023 was $0.614. 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 $1.99 for the trailing ten years ended in Jan. 2023.

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.

As of today (2024-05-27), Aspen Group's current stock price is $0.23606. Aspen Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2023 was $1.99. Aspen Group's Cyclically Adjusted PS Ratio of today is 0.12.


Aspen Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Aspen Group'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 Group Cyclically Adjusted Revenue per Share Chart

Aspen Group Annual Data
Trend Feb12 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.29 1.52 1.80

Aspen Group Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 1.72 1.80 1.86 1.88 1.99

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

For the Education & Training Services subindustry, Aspen Group'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 Group's Cyclically Adjusted PS Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Aspen Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aspen Group 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 Group's adjusted Revenue per Share data for the three months ended in Jan. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2023 (Change)*Current CPI (Jan. 2023)
=0.614/126.2230*126.2230
=0.614

Current CPI (Jan. 2023) = 126.2230.

Aspen Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.189 98.209 0.243
201307 0.189 98.557 0.242
201310 0.179 98.536 0.229
201401 0.173 98.692 0.221
201404 0.191 100.023 0.241
201407 0.160 100.520 0.201
201410 0.130 100.176 0.164
201501 0.136 98.604 0.174
201504 0.146 99.824 0.185
201507 0.160 100.691 0.201
201510 0.179 100.346 0.225
201601 0.202 99.957 0.255
201604 0.238 100.947 0.298
201607 0.240 101.524 0.298
201610 0.301 101.988 0.373
201701 0.325 102.456 0.400
201704 0.318 103.167 0.389
201707 0.312 103.278 0.381
201710 0.357 104.070 0.433
201801 0.393 104.578 0.474
201804 0.473 105.708 0.565
201807 0.394 106.324 0.468
201810 0.442 106.695 0.523
201901 0.462 106.200 0.549
201904 0.548 107.818 0.642
201907 0.553 108.250 0.645
201910 0.637 108.577 0.741
202001 0.646 108.841 0.749
202004 0.649 108.173 0.757
202007 0.686 109.318 0.792
202010 0.745 109.861 0.856
202101 0.677 110.364 0.774
202104 0.763 112.673 0.855
202107 0.775 115.183 0.849
202110 0.759 116.696 0.821
202201 0.757 118.619 0.806
202204 0.770 121.978 0.797
202207 0.750 125.002 0.757
202210 0.675 125.734 0.678
202301 0.614 126.223 0.614

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


Aspen Group  (OTCPK:ASPU) 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 Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.23606/1.99
=0.12

* 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.


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 Group Cyclically Adjusted Revenue per Share Related Terms

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


Aspen Group (Aspen Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
276 Fifth Avenue, Suite 505, New York, NY, USA, 10001
Aspen Group Inc is an education technology holding company that leverages its infrastructure and expertise to allow its two universities, Aspen University and United States University, to deliver on the vision of making college affordable again. Its only segment is the educational delivery operation using a core infrastructure that serves the curriculum and educational delivery needs of its online and campus students regardless of geography.
Executives
Michael L Koehneman director 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Douglas Kass director C/O EMPIRE RESOURCES, INC., ONE PARKER PLAZA, FORT LEE NJ 07024
Matthew Lavay officer: Chief Financial Officer C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, 5TH FL, PLEASANTON CA 94588
Cheri St. Arnauld officer: Chief Academic Officer 720 SOUTH COLORADO BOULEVARD, SUITE 1150N, DENVER CO 80246
Michael Mathews director, officer: Chief Executive Officer 257 PARK AVENUE SOUTH, SUITE 602, NEW YORK NY 10010
Robert Alessi officer: Chief Accounting Officer 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Joan Marie Prince director 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Gerard Wendolowski officer: Chief Operating Officer 720 SOUTH COLORADO BOULEVARD, SUITE 1150N, DENVER CO 80246
C James Jensen director C/O ASPEN GROUP, INC., 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Frank J Cotroneo director 4400 MAIN ST, KANSAS CITY MO 64111
Anne M Mcnamara officer: Chief Nursing Officer 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Sanford Rich director 26 BEACH DRIVE, DARIEN CT 06820
Maclean Malcolm F Iv director C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Joseph L. Sevely officer: Chief Financial Officer 276 FIFTH AVENUE, SUITE 306, NEW YORK NY 10001
Janet Gill officer: Executive Vice President 720 SOUTH COLORADO BOULEVARD, SUITE 1150N, DENVER CO 80246