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Axon Enterprise (FRA:TCS) Cyclically Adjusted Revenue per Share : €10.68 (As of Mar. 2024)


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What is Axon Enterprise 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.

Axon Enterprise's adjusted revenue per share for the three months ended in Mar. 2024 was €5.495. 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 €10.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Axon Enterprise's average Cyclically Adjusted Revenue Growth Rate was 23.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 25.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 24.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 21.20% 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 Axon Enterprise was 25.80% per year. The lowest was 13.70% per year. And the median was 20.20% per year.

As of today (2024-06-05), Axon Enterprise's current stock price is €251.80. Axon Enterprise's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €10.68. Axon Enterprise's Cyclically Adjusted PS Ratio of today is 23.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Axon Enterprise was 36.14. The lowest was 5.59. And the median was 14.88.


Axon Enterprise Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Axon Enterprise'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.

Axon Enterprise Cyclically Adjusted Revenue per Share Chart

Axon Enterprise 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 3.85 4.50 5.91 8.04 9.66

Axon Enterprise 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 8.40 8.93 9.73 9.66 10.68

Competitive Comparison of Axon Enterprise's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, Axon Enterprise'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.


Axon Enterprise's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Axon Enterprise 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, Axon Enterprise'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)
=5.495/131.7762*131.7762
=5.495

Current CPI (Mar. 2024) = 131.7762.

Axon Enterprise Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.500 100.560 0.655
201409 0.639 100.428 0.838
201412 0.699 99.070 0.930
201503 0.759 99.621 1.004
201506 0.760 100.684 0.995
201509 0.821 100.392 1.078
201512 0.943 99.792 1.245
201603 0.910 100.470 1.194
201606 0.981 101.688 1.271
201609 1.205 101.861 1.559
201612 1.463 101.863 1.893
201703 1.380 102.862 1.768
201706 1.318 103.349 1.681
201709 1.406 104.136 1.779
201712 1.473 104.011 1.866
201803 1.505 105.290 1.884
201806 1.489 106.317 1.846
201809 1.502 106.507 1.858
201812 1.684 105.998 2.094
201903 1.715 107.251 2.107
201906 1.657 108.070 2.020
201909 1.978 108.329 2.406
201912 2.567 108.420 3.120
202003 2.205 108.902 2.668
202006 2.079 108.767 2.519
202009 2.225 109.815 2.670
202012 2.920 109.897 3.501
202103 2.558 111.754 3.016
202106 2.787 114.631 3.204
202109 2.722 115.734 3.099
202112 2.777 117.630 3.111
202203 3.218 121.301 3.496
202206 3.738 125.017 3.940
202209 4.342 125.227 4.569
202212 4.348 125.222 4.576
202303 4.337 127.348 4.488
202306 4.563 128.729 4.671
202309 5.102 129.860 5.177
202312 5.201 129.419 5.296
202403 5.495 131.776 5.495

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


Axon Enterprise  (FRA:TCS) 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.

Axon Enterprise's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=251.80/10.68
=23.58

* 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 Axon Enterprise was 36.14. The lowest was 5.59. And the median was 14.88.


Be Aware

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


Axon Enterprise Cyclically Adjusted Revenue per Share Related Terms

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


Axon Enterprise (FRA:TCS) Business Description

Industry
Traded in Other Exchanges
Address
17800 North 85th Street, Scottsdale, AZ, USA, 85255
Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and gets most of its revenue from the United States.