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Edifier Technology Co (SZSE:002351) Cyclically Adjusted Revenue per Share : ¥1.73 (As of Mar. 2024)


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What is Edifier Technology Co 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.

Edifier Technology Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.763. 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 ¥1.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Edifier Technology Co's average Cyclically Adjusted Revenue Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.40% 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 Edifier Technology Co was 13.50% per year. The lowest was 3.40% per year. And the median was 9.35% per year.

As of today (2024-05-28), Edifier Technology Co's current stock price is ¥12.76. Edifier Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.73. Edifier Technology Co's Cyclically Adjusted PS Ratio of today is 7.38.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Edifier Technology Co was 20.36. The lowest was 3.01. And the median was 8.22.


Edifier Technology Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Edifier Technology Co'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.

Edifier Technology Co Cyclically Adjusted Revenue per Share Chart

Edifier Technology Co 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 1.09 1.15 1.31 1.48 1.68

Edifier Technology Co 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 1.51 1.56 1.62 1.68 1.73

Competitive Comparison of Edifier Technology Co's Cyclically Adjusted Revenue per Share

For the Consumer Electronics subindustry, Edifier Technology Co'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.


Edifier Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Edifier Technology Co's Cyclically Adjusted PS Ratio falls into.



Edifier Technology Co 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, Edifier Technology Co'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)
=0.763/115.2271*115.2271
=0.763

Current CPI (Mar. 2024) = 115.2271.

Edifier Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.168 98.200 0.197
201409 0.197 98.900 0.230
201412 0.193 99.000 0.225
201503 0.168 99.900 0.194
201506 0.185 99.500 0.214
201509 0.171 100.500 0.196
201512 0.219 100.600 0.251
201603 0.173 102.200 0.195
201606 0.184 101.400 0.209
201609 0.183 102.400 0.206
201612 0.301 102.600 0.338
201703 0.238 103.200 0.266
201706 0.245 103.100 0.274
201709 0.240 104.100 0.266
201712 0.310 104.500 0.342
201803 0.222 105.300 0.243
201806 0.267 104.900 0.293
201809 0.198 106.600 0.214
201812 0.301 106.500 0.326
201903 0.251 107.700 0.269
201906 0.328 107.700 0.351
201909 0.311 109.800 0.326
201912 0.535 111.200 0.554
202003 0.373 112.300 0.383
202006 0.466 110.400 0.486
202009 0.587 111.700 0.606
202012 0.735 111.500 0.760
202103 0.591 112.662 0.604
202106 0.678 111.769 0.699
202109 0.605 112.215 0.621
202112 0.678 113.108 0.691
202203 0.538 114.335 0.542
202206 0.590 114.558 0.593
202209 0.595 115.339 0.594
202212 0.798 115.116 0.799
202303 0.611 115.116 0.612
202306 0.757 114.558 0.761
202309 0.729 115.339 0.728
202312 0.920 114.781 0.924
202403 0.763 115.227 0.763

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


Edifier Technology Co  (SZSE:002351) 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.

Edifier Technology Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.76/1.73
=7.38

* 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 Edifier Technology Co was 20.36. The lowest was 3.01. And the median was 8.22.


Be Aware

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


Edifier Technology Co Cyclically Adjusted Revenue per Share Related Terms

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


Edifier Technology Co (SZSE:002351) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.9998 Shennan Road, Unit 9, 22nd Floor, Wanlida Technology Building, Science and Technology Park, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Edifier Technology Co Ltd, a Chinese company, is principally engaged in the research and development of audio technology and its product applications. The company's core business products are professional multimedia audio and home audio equipment. It offers headphones, bookshelf speakers, computer speakers, TV and Home theater, sound bar, and other products. It sells its products in China and other countries.
Executives
Xiao Min Directors, executives
Zhang Wen Dong Directors, executives
Zhang Wen Sheng Directors, executives
Wang Xiao Hong Director
Wang Hong Rong Executives
Wen Yu Executives
Deng Long Mu Executives
Wang Jiu Jun Supervisors
Fan Gang Juan Supervisors
Director
Kong Yu Quan Independent director
Xu Bin Director
Wang Jiu Kui Supervisors

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