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Electronic Systems Technology (Electronic Systems Technology) Cyclically Adjusted Revenue per Share : $0.36 (As of Mar. 2024)


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What is Electronic Systems 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.

Electronic Systems Technology's adjusted revenue per share for the three months ended in Mar. 2024 was $0.072. 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 $0.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Electronic Systems Technology's average Cyclically Adjusted Revenue Growth Rate was -5.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.60% 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 Electronic Systems Technology was 2.90% per year. The lowest was -6.50% per year. And the median was -2.10% per year.

As of today (2024-06-08), Electronic Systems Technology's current stock price is $0.284. Electronic Systems Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.36. Electronic Systems Technology's Cyclically Adjusted PS Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Electronic Systems Technology was 1.82. The lowest was 0.42. And the median was 0.86.


Electronic Systems Technology Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Electronic Systems 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.

Electronic Systems Technology Cyclically Adjusted Revenue per Share Chart

Electronic Systems Technology 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 0.37 0.35 0.36 0.37 0.36

Electronic Systems 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 0.38 0.38 0.37 0.36 0.36

Competitive Comparison of Electronic Systems Technology's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Electronic Systems 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.


Electronic Systems Technology's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Electronic Systems 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, Electronic Systems 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)
=0.072/131.7762*131.7762
=0.072

Current CPI (Mar. 2024) = 131.7762.

Electronic Systems Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.103 100.560 0.135
201409 0.074 100.428 0.097
201412 0.088 99.070 0.117
201503 0.087 99.621 0.115
201506 0.068 100.684 0.089
201509 0.085 100.392 0.112
201512 0.060 99.792 0.079
201603 0.091 100.470 0.119
201606 0.091 101.688 0.118
201609 0.063 101.861 0.082
201612 0.047 101.863 0.061
201703 0.075 102.862 0.096
201706 0.076 103.349 0.097
201709 0.064 104.136 0.081
201712 0.069 104.011 0.087
201803 0.062 105.290 0.078
201806 0.095 106.317 0.118
201809 0.060 106.507 0.074
201812 0.063 105.998 0.078
201903 0.076 107.251 0.093
201906 0.080 108.070 0.098
201909 0.075 108.329 0.091
201912 0.054 108.420 0.066
202003 0.055 108.902 0.067
202006 0.050 108.767 0.061
202009 0.041 109.815 0.049
202012 0.102 109.897 0.122
202103 0.086 111.754 0.101
202106 0.092 114.631 0.106
202109 0.052 115.734 0.059
202112 0.076 117.630 0.085
202203 0.095 121.301 0.103
202206 0.084 125.017 0.089
202209 0.098 125.227 0.103
202212 0.108 125.222 0.114
202303 0.062 127.348 0.064
202306 0.118 128.729 0.121
202309 0.069 129.860 0.070
202312 0.063 129.419 0.064
202403 0.072 131.776 0.072

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


Electronic Systems Technology  (OTCPK:ELST) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.284/0.36
=0.79

* 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 Electronic Systems Technology was 1.82. The lowest was 0.42. And the median was 0.86.


Be Aware

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


Electronic Systems Technology Cyclically Adjusted Revenue per Share Related Terms

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


Electronic Systems Technology (Electronic Systems Technology) Business Description

Industry
Traded in Other Exchanges
N/A
Address
415 N. Roosevelt Street, STE B1, Kennewick, WA, USA, 99336
Electronic Systems Technology Inc is engaged in the development and manufacturing of digital data (non-voice) radio transceivers for use in industrial wireless networking applications. It designs, develops, manufactures, and markets industrial wireless products and accessories. The company's products provide communication solutions for applications underutilized by conventional, commercial-grade communication systems. It offers product lines in markets for process automation in commercial, industrial, and government arenas domestically as well as internationally.
Executives
Daniel M. Tolley director C/O ELECTRONIC SYSTEMS TECHNOLOGY, INC., 415 N. ROOSEVELT ST., STE B1, KENNEWICH WA 99336
Michael William Eller director, officer: President 415 N QUAY, BLDG B1, KENNEWICK WA 99336
Partners Lllp Edco 10 percent owner 4605 S DENICE DR, ENGLEWOOD CO 80111
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Theodore Deinard director C/O ARC WIRELESS SOLUTIONS, INC., 6330 NORTH WASHINGTON ST., SUITE 13, DENVER CO 80216
Donald E. Siecke director, 10 percent owner 12441 W 49TH AVE., UNIT 4, WHEAT RIDGE CO 80033
Thomas J. Schaefer director 6800 EAST HIGHLAND AVE, SCOTTSDALE AZ 85251
Vern D Kornelsen director, 10 percent owner 4605 S. DENICE DR, ENGLEWOOD CO 80111
Electronic Systems Technology Inc director, officer: Secretary/Treasurer 415 N. ROOSEVELT ST., STE B1, KENNEWICK WA 99336
Hummingbird Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp 10 percent owner, other: see footnote #1 C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022

Electronic Systems Technology (Electronic Systems Technology) Headlines

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