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Sparta Commercial Services (Sparta Commercial Services) Cyclically Adjusted Revenue per Share : $0.53 (As of Jan. 2024)


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What is Sparta Commercial Services 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.

Sparta Commercial Services's adjusted revenue per share for the three months ended in Jan. 2024 was $0.001. 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 $0.53 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Sparta Commercial Services's average Cyclically Adjusted Revenue Growth Rate was -42.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -28.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -37.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -33.00% 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 Sparta Commercial Services was -4.10% per year. The lowest was -50.30% per year. And the median was -12.10% per year.

As of today (2024-06-06), Sparta Commercial Services's current stock price is $0.0928. Sparta Commercial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $0.53. Sparta Commercial Services's Cyclically Adjusted PS Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sparta Commercial Services was 5.02. The lowest was 0.01. And the median was 0.10.


Sparta Commercial Services Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sparta Commercial Services'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.

Sparta Commercial Services Cyclically Adjusted Revenue per Share Chart

Sparta Commercial Services Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.06 2.17 1.65 1.26 0.81

Sparta Commercial Services Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.92 0.81 0.70 0.61 0.53

Competitive Comparison of Sparta Commercial Services's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Sparta Commercial Services'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.


Sparta Commercial Services's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Sparta Commercial Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sparta Commercial Services's Cyclically Adjusted PS Ratio falls into.



Sparta Commercial Services 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, Sparta Commercial Services's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.001/130.1244*130.1244
=0.001

Current CPI (Jan. 2024) = 130.1244.

Sparta Commercial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.544 100.023 0.708
201407 0.621 100.520 0.804
201410 0.630 100.176 0.818
201501 0.722 98.604 0.953
201504 0.394 99.824 0.514
201507 0.292 100.691 0.377
201510 0.247 100.346 0.320
201601 0.227 99.957 0.296
201604 0.035 100.947 0.045
201607 0.035 101.524 0.045
201610 0.026 101.988 0.033
201701 0.022 102.456 0.028
201704 0.021 103.167 0.026
201707 0.026 103.278 0.033
201710 0.022 104.070 0.028
201801 0.017 104.578 0.021
201804 0.018 105.708 0.022
201807 0.017 106.324 0.021
201810 0.017 106.695 0.021
201901 0.015 106.200 0.018
201904 0.013 107.818 0.016
201907 0.014 108.250 0.017
201910 0.014 108.577 0.017
202001 0.011 108.841 0.013
202004 0.011 108.173 0.013
202007 0.012 109.318 0.014
202010 0.010 109.861 0.012
202101 0.007 110.364 0.008
202104 0.010 112.673 0.012
202107 0.006 115.183 0.007
202110 0.006 116.696 0.007
202201 0.005 118.619 0.005
202204 0.003 121.978 0.003
202207 0.004 125.002 0.004
202210 0.003 125.734 0.003
202301 0.003 126.223 0.003
202304 0.003 127.992 0.003
202307 0.003 128.974 0.003
202310 0.002 129.810 0.002
202401 0.001 130.124 0.001

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


Sparta Commercial Services  (OTCPK:SRCO) 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.

Sparta Commercial Services's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.0928/0.53
=0.18

* 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 Sparta Commercial Services was 5.02. The lowest was 0.01. And the median was 0.10.


Be Aware

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


Sparta Commercial Services Cyclically Adjusted Revenue per Share Related Terms

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


Sparta Commercial Services (Sparta Commercial Services) Business Description

Industry
Traded in Other Exchanges
N/A
Address
555 Fifth Avenue, 14th Floor, New York, NY, USA, 10017
Sparta Commercial Services Inc through its subsidiaries offers technology products and services. The company develops, manages, and markets its business mobile applications for smartphones and tablets. Its mobile application offerings range from racetracks, private clubs, country clubs, restaurants, and grocery stores. The company serves small and medium-size businesses under the tradename iMobileApp. It generates maximum revenue from the application source.
Executives
Jeffrey Buchanan Bean director 325 COTTON AVENUE, MACON GA 31201
Anthony L Havens director, officer: CEO 555 FIFTH AVE., 14TH FLOOR, NEW YORK NY 10017
Sandra L Ahman director, officer: VP 555 FIFTH AVE, 14TH FLOOR, NEW YORK NY 10017
Kristian Srb director, 10 percent owner 555 FIFTH AVE., 14TH FLOOR, NEW YORK NY 10017
Richard P Trotter officer: COO 370 LEXINGTON AVE., SUITE 1901, NEW YORK NY 10017
Anthony William Adler officer: EVP 462 SEVENTH AVENUE, 20TH FLOOR, NEW YORK NY 10018
Leo Long other: 8.85% OWNER 9109 LORIET BLVD., LENEXA KS 66219
Glenn Little other: 5% Owner 211 WEST WALL ST, MIDLAND TX 70701
Michael J Mele officer: Chief Financial Officer 462 SEVENTH AVE, 20TH FL., C/O SPARTA COMMERCIAL SERVICES, INC., NEW YORK NY 10018
Danny Lanjewar officer: Chief Financial Officer