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Precision Optics (Precision Optics) Cyclically Adjusted Revenue per Share : $2.55 (As of Mar. 2024)


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What is Precision Optics 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.

Precision Optics's adjusted revenue per share for the three months ended in Mar. 2024 was $0.864. 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 $2.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Precision Optics's average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -12.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -17.50% 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 Precision Optics was -4.70% per year. The lowest was -36.30% per year. And the median was -19.60% per year.

As of today (2024-06-05), Precision Optics's current stock price is $6.35. Precision Optics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.55. Precision Optics's Cyclically Adjusted PS Ratio of today is 2.49.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Precision Optics was 3.15. The lowest was 0.06. And the median was 0.89.


Precision Optics Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Precision Optics'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.

Precision Optics Cyclically Adjusted Revenue per Share Chart

Precision Optics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.72 2.89 2.45 2.41 2.50

Precision Optics 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 2.46 2.50 2.51 2.50 2.55

Competitive Comparison of Precision Optics's Cyclically Adjusted Revenue per Share

For the Medical Instruments & Supplies subindustry, Precision Optics'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.


Precision Optics's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Precision Optics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Precision Optics 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, Precision Optics'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)
=0.864/131.7762*131.7762
=0.864

Current CPI (Mar. 2024) = 131.7762.

Precision Optics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.608 100.560 0.797
201409 0.411 100.428 0.539
201412 0.468 99.070 0.623
201503 0.541 99.621 0.716
201506 0.454 100.684 0.594
201509 0.403 100.392 0.529
201512 0.396 99.792 0.523
201603 0.457 100.470 0.599
201606 0.384 101.688 0.498
201609 0.338 101.861 0.437
201612 0.223 101.863 0.288
201703 0.332 102.862 0.425
201706 0.243 103.349 0.310
201709 0.339 104.136 0.429
201712 0.244 104.011 0.309
201803 0.219 105.290 0.274
201806 0.433 106.317 0.537
201809 0.456 106.507 0.564
201812 0.382 105.998 0.475
201903 0.346 107.251 0.425
201906 0.592 108.070 0.722
201909 0.588 108.329 0.715
201912 0.652 108.420 0.792
202003 0.549 108.902 0.664
202006 0.505 108.767 0.612
202009 0.605 109.815 0.726
202012 0.633 109.897 0.759
202103 0.524 111.754 0.618
202106 0.594 114.631 0.683
202109 0.528 115.734 0.601
202112 0.705 117.630 0.790
202203 0.830 121.301 0.902
202206 0.850 125.017 0.896
202209 0.902 125.227 0.949
202212 0.992 125.222 1.044
202303 0.895 127.348 0.926
202306 0.828 128.729 0.848
202309 0.712 129.860 0.723
202312 0.795 129.419 0.809
202403 0.864 131.776 0.864

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


Precision Optics  (NAS:POCI) 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.

Precision Optics's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.35/2.55
=2.49

* 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 Precision Optics was 3.15. The lowest was 0.06. And the median was 0.89.


Be Aware

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


Precision Optics Cyclically Adjusted Revenue per Share Related Terms

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


Precision Optics (Precision Optics) Business Description

Traded in Other Exchanges
N/A
Address
22 East Broadway, Gardner, MA, USA, 01440
Precision Optics Corp Inc is engaged in designing, developing, and manufacturing advanced optical instruments. It manufactures medical products such as endoscopes and endocouplers which incorporate various optical technologies for use in a variety of minimally invasive surgical and diagnostic procedures. The company also produces endoscopes for various applications as well as designs and manufactures custom optical medical devices to satisfy customers' specific requirements. In addition, the company manufactures and sells components and assemblies specially designed for industrial and military use. The company earns the majority of its revenue from the United States.
Executives
Wayne M Coll officer: Chief Financial Officer
Mahesh Lawande officer: Chief Operating Officer 14 PUTNAM ROAD, ACTON MA 01720
Edward Kevin Dahill officer: Interim CFO 137 HOLLOW TREE RIDGE ROAD, DARIEN CT 06820
Peter V. Anania director, 10 percent owner C/O PRECISION OPTICS CORPORATION, INC., 22 EAST BROADWAY, GARDNER MA 01440
Norman H Pessin 10 percent owner C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin 10 percent owner C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin 10 percent owner 310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021
Jeffrey Dirubio officer: VP of Sales and Marketing 22 EAST BROADWAY, GARDNER MA 01440
Stuart Steinberg 10 percent owner 85 BELLEVUE AVENUE, RYE NY 10580
Daniel S Habhegger officer: Chief Financial Officer 22 EAST BROADWAY, GARDNER MA 01440
Divaker Mangadu officer: Pres., Ross Optical Division 22 EAST BROADWAY, GARDNER MA 01440
Hershey Strategic Capital, Lp 10 percent owner C/O HERSHEY STRATEGIC CAPITAL GP, LLC, 6 POMPANO ROAD, RUMSON NJ 07760
Peter H Woodward director 30 WEST 63RD STREET, SUITE 18G, NEW YORK NY 10023
Andrew J Miclow director C/O PRECISION OPTICS CORPORATION INC., 22 EAST BROADWAY, GARDNER MA 01440
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022