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Quarterhill (TSX:QTRH) Cyclically Adjusted Revenue per Share : C$1.55 (As of Mar. 2024)


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What is Quarterhill 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.

Quarterhill's adjusted revenue per share for the three months ended in Mar. 2024 was C$0.410. 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 C$1.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Quarterhill's average Cyclically Adjusted Revenue Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% 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 Quarterhill was 11.00% per year. The lowest was -3.40% per year. And the median was 6.90% per year.

As of today (2024-06-09), Quarterhill's current stock price is C$1.77. Quarterhill's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$1.55. Quarterhill's Cyclically Adjusted PS Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Quarterhill was 7.22. The lowest was 0.84. And the median was 2.24.


Quarterhill Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Quarterhill'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.

Quarterhill Cyclically Adjusted Revenue per Share Chart

Quarterhill 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 1.03 1.11 1.17 1.40 1.52

Quarterhill 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 1.43 1.47 1.50 1.52 1.55

Competitive Comparison of Quarterhill's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Quarterhill'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.


Quarterhill's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Quarterhill 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, Quarterhill'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)
=0.41/126.2576*126.2576
=0.410

Current CPI (Mar. 2024) = 126.2576.

Quarterhill Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.231 99.473 0.293
201409 0.225 99.394 0.286
201412 0.211 98.367 0.271
201503 0.214 99.789 0.271
201506 0.358 100.500 0.450
201509 0.235 100.421 0.295
201512 0.295 99.947 0.373
201603 0.332 101.054 0.415
201606 0.173 102.002 0.214
201609 0.183 101.765 0.227
201612 0.340 101.449 0.423
201703 0.086 102.634 0.106
201706 0.209 103.029 0.256
201709 0.889 103.345 1.086
201712 0.243 103.345 0.297
201803 0.131 105.004 0.158
201806 0.225 105.557 0.269
201809 0.215 105.636 0.257
201812 0.287 105.399 0.344
201903 0.446 106.979 0.526
201906 0.450 107.690 0.528
201909 0.185 107.611 0.217
201912 0.424 107.769 0.497
202003 0.179 107.927 0.209
202006 0.140 108.401 0.163
202009 0.749 108.164 0.874
202012 0.212 108.559 0.247
202103 0.168 110.298 0.192
202106 0.163 111.720 0.184
202109 0.317 112.905 0.354
202112 0.452 113.774 0.502
202203 1.311 117.646 1.407
202206 0.341 120.806 0.356
202209 0.359 120.648 0.376
202212 0.358 120.964 0.374
202303 0.338 122.702 0.348
202306 0.454 124.203 0.462
202309 0.396 125.230 0.399
202312 0.543 125.072 0.548
202403 0.410 126.258 0.410

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


Quarterhill  (TSX:QTRH) 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.

Quarterhill's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.77/1.55
=1.14

* 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 Quarterhill was 7.22. The lowest was 0.84. And the median was 2.24.


Be Aware

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


Quarterhill Cyclically Adjusted Revenue per Share Related Terms

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


Quarterhill (TSX:QTRH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quarterhill Inc (TSX:QTRH) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
25 King Street West, Suite 1101, Toronto, ON, CAN, M5L 2A1
Quarterhill Inc is focused on the acquisition, management, and growth of companies in the intelligent transportation systems (ITS) and innovation and licensing industries. It operates in two segments Licensing, which includes companies that count licensing as their principal business activity, and Intelligent Transportation Systems, which include companies that provide integrated systems and solutions to the ITS industry and its adjacent markets. Its geographical segments are the United States, Canada, Chile, China, Korea, Singapore, Taiwan, Thailand, Ukraine, and the Rest of the world. The majority of the revenue comes from the United States.
Executives
Pamela Faye Steer Director
Rusty Lewis Director
Charles (chuck) Myers Director, Senior Officer

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