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Advanced Energy Industries (FRA:AVX) Cyclically Adjusted Revenue per Share : €27.50 (As of Mar. 2024)


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What is Advanced Energy Industries 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.

Advanced Energy Industries's adjusted revenue per share for the three months ended in Mar. 2024 was €7.994. 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 €27.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Advanced Energy Industries's average Cyclically Adjusted Revenue Growth Rate was 15.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 21.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% 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 Advanced Energy Industries was 21.60% per year. The lowest was -2.00% per year. And the median was 3.55% per year.

As of today (2024-06-09), Advanced Energy Industries's current stock price is €98.50. Advanced Energy Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €27.50. Advanced Energy Industries's Cyclically Adjusted PS Ratio of today is 3.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Advanced Energy Industries was 8.98. The lowest was 1.65. And the median was 4.01.


Advanced Energy Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Advanced Energy Industries'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.

Advanced Energy Industries Cyclically Adjusted Revenue per Share Chart

Advanced Energy Industries 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 12.22 13.04 17.81 22.97 26.51

Advanced Energy Industries 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 23.31 24.23 25.83 26.51 27.50

Competitive Comparison of Advanced Energy Industries's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Advanced Energy Industries'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.


Advanced Energy Industries's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advanced Energy Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Advanced Energy Industries's Cyclically Adjusted PS Ratio falls into.



Advanced Energy Industries 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, Advanced Energy Industries'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)
=7.994/131.7762*131.7762
=7.994

Current CPI (Mar. 2024) = 131.7762.

Advanced Energy Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.617 100.560 3.429
201409 2.745 100.428 3.602
201412 -1.252 99.070 -1.665
201503 2.460 99.621 3.254
201506 2.347 100.684 3.072
201509 2.367 100.392 3.107
201512 1.918 99.792 2.533
201603 2.308 100.470 3.027
201606 2.645 101.688 3.428
201609 2.821 101.861 3.649
201612 3.201 101.863 4.141
201703 3.476 102.862 4.453
201706 3.668 103.349 4.677
201709 3.688 104.136 4.667
201712 3.778 104.011 4.787
201803 3.967 105.290 4.965
201806 4.237 106.317 5.252
201809 3.784 106.507 4.682
201812 3.508 105.998 4.361
201903 3.242 107.251 3.983
201906 3.102 108.070 3.782
201909 4.131 108.329 5.025
201912 7.885 108.420 9.584
202003 7.402 108.902 8.957
202006 7.848 108.767 9.508
202009 8.583 109.815 10.299
202012 7.905 109.897 9.479
202103 7.655 111.754 9.026
202106 7.772 114.631 8.934
202109 7.668 115.734 8.731
202112 9.276 117.630 10.392
202203 9.555 121.301 10.380
202206 11.062 125.017 11.660
202209 13.857 125.227 14.582
202212 12.285 125.222 12.928
202303 10.514 127.348 10.880
202306 10.145 128.729 10.385
202309 10.149 129.860 10.299
202312 9.917 129.419 10.098
202403 7.994 131.776 7.994

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


Advanced Energy Industries  (FRA:AVX) 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.

Advanced Energy Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=98.50/27.5
=3.58

* 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 Advanced Energy Industries was 8.98. The lowest was 1.65. And the median was 4.01.


Be Aware

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


Advanced Energy Industries Cyclically Adjusted Revenue per Share Related Terms

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


Advanced Energy Industries (FRA:AVX) Business Description

Traded in Other Exchanges
Address
1595 Wynkoop Street, Suite 800, Denver, CO, USA, 80202
Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe.