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Richardson Electronics (FRA:RE3) Cyclically Adjusted Revenue per Share : €13.73 (As of Feb. 2024)


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What is Richardson Electronics 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.

Richardson Electronics's adjusted revenue per share for the three months ended in Feb. 2024 was €3.349. 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 €13.73 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Richardson Electronics's average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -6.60% 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 Richardson Electronics was 9.60% per year. The lowest was -13.40% per year. And the median was 4.80% per year.

As of today (2024-06-04), Richardson Electronics's current stock price is €10.16. Richardson Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €13.73. Richardson Electronics's Cyclically Adjusted PS Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Richardson Electronics was 1.89. The lowest was 0.26. And the median was 0.48.


Richardson Electronics Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Richardson Electronics'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.

Richardson Electronics Cyclically Adjusted Revenue per Share Chart

Richardson Electronics Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.45 9.39 9.79 12.61 13.72

Richardson Electronics Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 14.04 13.72 13.76 13.56 13.73

Competitive Comparison of Richardson Electronics's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Richardson Electronics'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.


Richardson Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Richardson Electronics 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, Richardson Electronics's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=3.349/130.9299*130.9299
=3.349

Current CPI (Feb. 2024) = 130.9299.

Richardson Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1.837 100.373 2.396
201408 1.861 100.352 2.428
201411 1.951 99.635 2.564
201502 2.145 99.032 2.836
201505 2.288 100.333 2.986
201508 2.443 100.548 3.181
201511 2.466 100.135 3.224
201602 2.198 100.040 2.877
201605 2.723 101.355 3.518
201608 2.318 101.617 2.987
201611 2.441 101.829 3.139
201702 2.362 102.779 3.009
201705 2.632 103.256 3.337
201708 2.439 103.587 3.083
201711 2.576 104.072 3.241
201802 2.609 105.052 3.252
201805 2.921 106.148 3.603
201808 2.916 106.383 3.589
201811 2.786 106.338 3.430
201902 2.634 106.649 3.234
201905 2.886 108.048 3.497
201908 2.793 108.245 3.378
201911 2.731 108.519 3.295
202002 2.670 109.139 3.203
202005 2.608 108.175 3.157
202008 2.491 109.662 2.974
202011 2.713 109.793 3.235
202102 2.817 110.968 3.324
202105 3.086 113.576 3.558
202108 3.365 115.421 3.817
202111 3.428 117.269 3.827
202202 3.455 119.703 3.779
202205 4.111 123.323 4.365
202208 4.636 124.958 4.858
202211 4.432 125.607 4.620
202302 4.465 126.928 4.606
202305 3.696 128.314 3.771
202308 3.305 129.538 3.341
202311 2.856 129.548 2.886
202402 3.349 130.930 3.349

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


Richardson Electronics  (FRA:RE3) 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.

Richardson Electronics's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.16/13.73
=0.74

* 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 Richardson Electronics was 1.89. The lowest was 0.26. And the median was 0.48.


Be Aware

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


Richardson Electronics Cyclically Adjusted Revenue per Share Related Terms

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


Richardson Electronics (FRA:RE3) Business Description

Industry
Traded in Other Exchanges
Address
40W267 Keslinger Road, P.O. Box 393, LaFox, IL, USA, 60147-0393
Richardson Electronics Ltd provides engineered solutions, power grid, and microwave tubes and related consumables, power conversion, RF and microwave components, high-value flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment and customized display solutions. Its products have applications in alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company segments include PMT (Power and Microwave Technologies Group), Canvys, (Green Energy Solutions) GES, and Healthcare reportable segments. The company derives the majority of its revenues from the PMT segment.

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