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Forum Energy Technologies (FRA:1FE1) Cyclically Adjusted Revenue per Share : €174.95 (As of Mar. 2024)


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What is Forum Energy Technologies 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.

Forum Energy Technologies's adjusted revenue per share for the three months ended in Mar. 2024 was €15.261. 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 €174.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Forum Energy Technologies's average Cyclically Adjusted Revenue Growth Rate was -13.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -8.00% 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 Forum Energy Technologies was -5.50% per year. The lowest was -8.00% per year. And the median was -6.75% per year.

As of today (2024-05-26), Forum Energy Technologies's current stock price is €16.60. Forum Energy Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €174.95. Forum Energy Technologies's Cyclically Adjusted PS Ratio of today is 0.09.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Forum Energy Technologies was 0.15. The lowest was 0.01. And the median was 0.09.


Forum Energy Technologies Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Forum Energy Technologies'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.

Forum Energy Technologies Cyclically Adjusted Revenue per Share Chart

Forum Energy Technologies 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 224.51 205.46 208.92 207.97 180.42

Forum Energy Technologies 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 201.62 196.64 195.54 180.42 174.95

Competitive Comparison of Forum Energy Technologies's Cyclically Adjusted Revenue per Share

For the Oil & Gas Equipment & Services subindustry, Forum Energy Technologies'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.


Forum Energy Technologies's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Forum Energy Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Forum Energy Technologies 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, Forum Energy Technologies'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)
=15.261/131.7762*131.7762
=15.261

Current CPI (Mar. 2024) = 131.7762.

Forum Energy Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 65.875 100.560 86.325
201409 75.635 100.428 99.244
201412 75.423 99.070 100.323
201503 70.335 99.621 93.037
201506 55.162 100.684 72.197
201509 47.620 100.392 62.507
201512 39.872 99.792 52.651
201603 31.649 100.470 41.511
201606 28.009 101.688 36.296
201609 27.118 101.861 35.082
201612 30.056 101.863 38.882
201703 33.377 102.862 42.759
201706 37.220 103.349 47.458
201709 34.632 104.136 43.824
201712 39.328 104.011 49.826
201803 36.611 105.290 45.821
201806 43.147 106.317 53.479
201809 42.045 106.507 52.020
201812 43.990 105.998 54.688
201903 43.885 107.251 53.920
201906 39.534 108.070 48.206
201909 39.393 108.329 47.919
201912 32.555 108.420 39.568
202003 29.732 108.902 35.977
202006 18.027 108.767 21.840
202009 15.764 109.815 18.917
202012 16.614 109.897 19.922
202103 17.138 111.754 20.208
202106 20.230 114.631 23.256
202109 21.169 115.734 24.103
202112 23.160 117.630 25.945
202203 24.793 121.301 26.934
202206 15.547 125.017 16.388
202209 17.405 125.227 18.315
202212 31.139 125.222 32.769
202303 17.338 127.348 17.941
202306 16.765 128.729 17.162
202309 16.161 129.860 16.400
202312 16.611 129.419 16.913
202403 15.261 131.776 15.261

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


Forum Energy Technologies  (FRA:1FE1) 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.

Forum Energy Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.60/174.95
=0.09

* 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 Forum Energy Technologies was 0.15. The lowest was 0.01. And the median was 0.09.


Be Aware

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


Forum Energy Technologies Cyclically Adjusted Revenue per Share Related Terms

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


Forum Energy Technologies (FRA:1FE1) Business Description

Industry
Traded in Other Exchanges
Address
10344 Sam Houston Park Drive, Suite 300, Houston, TX, USA, 77064
Forum Energy Technologies Inc is a global products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include highly engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in three reporting segments, namely drilling and downhole, completions, and production. Revenue largely comes from consumable products and activity-based equipment. Consumable products include valves, centrifugal pumps, mud pump fluid end components, rig sensors, inserts, and dies.

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