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Perion Network (Perion Network) Cyclically Adjusted Revenue per Share : $14.62 (As of Dec. 2023)


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What is Perion Network 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.

Perion Network's adjusted revenue per share for the three months ended in Dec. 2023 was $4.611. 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 $14.62 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Perion Network's average Cyclically Adjusted Revenue Growth Rate was -2.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.90% 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 Perion Network was 7.90% per year. The lowest was 1.40% per year. And the median was 3.30% per year.

As of today (2024-05-09), Perion Network's current stock price is $12.65. Perion Network's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.62. Perion Network's Cyclically Adjusted PS Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Perion Network was 4.04. The lowest was 0.16. And the median was 0.75.


Perion Network Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Perion Network'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.

Perion Network Cyclically Adjusted Revenue per Share Chart

Perion Network 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 14.38 15.32 17.07 15.61 14.62

Perion Network Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.61 15.48 14.28 14.03 14.62

Competitive Comparison of Perion Network's Cyclically Adjusted Revenue per Share

For the Internet Content & Information subindustry, Perion Network'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.


Perion Network's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Perion Network's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Perion Network 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, Perion Network's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.611/129.4194*129.4194
=4.611

Current CPI (Dec. 2023) = 129.4194.

Perion Network Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.049 99.695 6.554
201406 4.704 100.560 6.054
201409 3.727 100.428 4.803
201412 3.387 99.070 4.425
201503 2.095 99.621 2.722
201506 2.049 100.684 2.634
201509 2.217 100.392 2.858
201512 2.790 99.792 3.618
201603 2.985 100.470 3.845
201606 2.934 101.688 3.734
201609 2.873 101.861 3.650
201612 3.270 101.863 4.155
201703 2.399 102.862 3.018
201706 2.696 103.349 3.376
201709 2.427 104.136 3.016
201712 2.990 104.011 3.720
201803 2.356 105.290 2.896
201806 2.377 106.317 2.894
201809 2.164 106.507 2.630
201812 2.784 105.998 3.399
201903 2.080 107.251 2.510
201906 2.455 108.070 2.940
201909 2.446 108.329 2.922
201912 2.870 108.420 3.426
202003 2.341 108.902 2.782
202006 2.266 108.767 2.696
202009 2.944 109.815 3.470
202012 3.911 109.897 4.606
202103 2.507 111.754 2.903
202106 2.957 114.631 3.338
202109 3.196 115.734 3.574
202112 3.880 117.630 4.269
202203 2.665 121.301 2.843
202206 3.101 125.017 3.210
202209 3.305 125.227 3.416
202212 4.227 125.222 4.369
202303 2.934 127.348 2.982
202306 3.596 128.729 3.615
202309 3.686 129.860 3.674
202312 4.611 129.419 4.611

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


Perion Network  (NAS:PERI) 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.

Perion Network's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.65/14.62
=0.87

* 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 Perion Network was 4.04. The lowest was 0.16. And the median was 0.75.


Be Aware

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


Perion Network Cyclically Adjusted Revenue per Share Related Terms

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


Perion Network (Perion Network) Business Description

Traded in Other Exchanges
Address
26 HaRokmim Street, Holon, ISR, 5885849
Perion Network Ltd is a technology company. It offers online advertising and searching solutions to brands, agencies, and publishers through desktop, mobile and social channels. Its products and services include Undertone, Codefuel, Make me reach, and Smilebox. The company earns prime revenue from search fees and online advertising services. It operates in the business segment of High Impact Advertising solutions. Geographically, the group has a business presence in North America, Europe, and Other countries of which a majority of the revenue is derived from North America.
Executives
Longview Fund Lp 10 percent owner VIKING ASSET MANAGEMENT LLC, 66 BOVET ROAD, SUITE 320, SAN MATEO, CA 94402