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Camtek (XTAE:CAMT) Cyclically Adjusted Revenue per Share : ₪17.54 (As of Mar. 2024)


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What is Camtek 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.

Camtek's adjusted revenue per share for the three months ended in Mar. 2024 was ₪7.410. 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 ₪17.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Camtek's average Cyclically Adjusted Revenue Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% 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 Camtek was 12.30% per year. The lowest was -1.50% per year. And the median was 4.55% per year.

As of today (2024-06-10), Camtek's current stock price is ₪413.20. Camtek's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₪17.54. Camtek's Cyclically Adjusted PS Ratio of today is 23.56.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Camtek was 22.95. The lowest was 0.58. And the median was 2.77.


Camtek Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Camtek'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.

Camtek Cyclically Adjusted Revenue per Share Chart

Camtek 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 11.04 10.51 11.31 14.46 16.63

Camtek 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 15.00 15.84 17.06 16.63 17.54

Competitive Comparison of Camtek's Cyclically Adjusted Revenue per Share

For the Semiconductor Equipment & Materials subindustry, Camtek'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.


Camtek's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Camtek 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, Camtek'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)
=7.41/131.7762*131.7762
=7.410

Current CPI (Mar. 2024) = 131.7762.

Camtek Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.854 100.560 3.740
201409 2.763 100.428 3.625
201412 2.537 99.070 3.375
201503 2.678 99.621 3.542
201506 2.920 100.684 3.822
201509 2.815 100.392 3.695
201512 -0.440 99.792 -0.581
201603 2.603 100.470 3.414
201606 2.111 101.688 2.736
201609 2.237 101.861 2.894
201612 2.287 101.863 2.959
201703 2.243 102.862 2.873
201706 2.413 103.349 3.077
201709 2.464 104.136 3.118
201712 2.705 104.011 3.427
201803 2.820 105.290 3.529
201806 3.129 106.317 3.878
201809 3.286 106.507 4.066
201812 3.372 105.998 4.192
201903 3.433 107.251 4.218
201906 3.425 108.070 4.176
201909 3.108 108.329 3.781
201912 3.159 108.420 3.840
202003 2.865 108.902 3.467
202006 3.485 108.767 4.222
202009 3.762 109.815 4.514
202012 4.370 109.897 5.240
202103 4.851 111.754 5.720
202106 5.671 114.631 6.519
202109 5.955 115.734 6.780
202112 6.032 117.630 6.757
202203 6.030 121.301 6.551
202206 6.218 125.017 6.554
202209 6.386 125.227 6.720
202212 6.399 125.222 6.734
202303 5.628 127.348 5.824
202306 5.707 128.729 5.842
202309 6.183 129.860 6.274
202312 6.754 129.419 6.877
202403 7.410 131.776 7.410

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


Camtek  (XTAE:CAMT) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=413.20/17.54
=23.56

* 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 Camtek was 22.95. The lowest was 0.58. And the median was 2.77.


Be Aware

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


Camtek Cyclically Adjusted Revenue per Share Related Terms

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


Camtek (XTAE:CAMT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Camtek Ltd (XTAE:CAMT) » Definitions » Cyclically Adjusted Revenue per Share
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Address
Ramat Gavriel Industrial Zone, P.O. Box 544, Migdal HaEmek, ISR, 23150
Camtek Ltd is engaged in the manufacturing of metrology and inspection equipment and a provider of software solutions serving Advanced Packaging, Memory, (complementary metal oxide semiconductor) CMOS Image Sensors, (micro-electro mechanical systems) MEMS, RF, and others. Geographically, it derives maximum revenue from the Asia Pacific followed by the United States and Europe. The company products and services include Surface Inspection, Bump Inspection and Metrology, and others.