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Liquidity Services (FRA:L1S) Cyclically Adjusted Revenue per Share : €9.98 (As of Mar. 2024)


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What is Liquidity 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.

Liquidity Services's adjusted revenue per share for the three months ended in Mar. 2024 was €2.674. 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 €9.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Liquidity Services's average Cyclically Adjusted Revenue Growth Rate was -5.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.70% 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 Liquidity Services was 2.00% per year. The lowest was -1.80% per year. And the median was -1.30% per year.

As of today (2024-06-08), Liquidity Services's current stock price is €17.60. Liquidity Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €9.98. Liquidity Services's Cyclically Adjusted PS Ratio of today is 1.76.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Liquidity Services was 2.30. The lowest was 0.25. And the median was 0.71.


Liquidity Services Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Liquidity 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.

Liquidity Services Cyclically Adjusted Revenue per Share Chart

Liquidity Services Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.13 10.59 11.20 11.75 10.54

Liquidity Services 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 10.40 10.45 10.54 9.67 9.98

Competitive Comparison of Liquidity Services's Cyclically Adjusted Revenue per Share

For the Internet Retail subindustry, Liquidity 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.


Liquidity Services's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Liquidity Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Liquidity 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, Liquidity Services'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)
=2.674/131.7762*131.7762
=2.674

Current CPI (Mar. 2024) = 131.7762.

Liquidity Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.021 100.560 3.959
201409 3.073 100.428 4.032
201412 3.391 99.070 4.510
201503 3.172 99.621 4.196
201506 2.664 100.684 3.487
201509 2.353 100.392 3.089
201512 1.983 99.792 2.619
201603 2.550 100.470 3.345
201606 2.467 101.688 3.197
201609 2.276 101.861 2.944
201612 2.147 101.863 2.777
201703 2.157 102.862 2.763
201706 1.852 103.349 2.361
201709 1.634 104.136 2.068
201712 1.621 104.011 2.054
201803 1.524 105.290 1.907
201806 1.348 106.317 1.671
201809 1.393 106.507 1.723
201812 1.448 105.998 1.800
201903 1.524 107.251 1.873
201906 1.518 108.070 1.851
201909 1.603 108.329 1.950
201912 1.328 108.420 1.614
202003 1.422 108.902 1.721
202006 1.253 108.767 1.518
202009 1.413 109.815 1.696
202012 1.313 109.897 1.574
202103 1.460 111.754 1.722
202106 1.632 114.631 1.876
202109 1.704 115.734 1.940
202112 1.693 117.630 1.897
202203 1.823 121.301 1.980
202206 1.998 125.017 2.106
202209 2.313 125.227 2.434
202212 2.072 125.222 2.180
202303 2.368 127.348 2.450
202306 2.366 128.729 2.422
202309 2.362 129.860 2.397
202312 2.048 129.419 2.085
202403 2.674 131.776 2.674

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


Liquidity Services  (FRA:L1S) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.60/9.98
=1.76

* 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 Liquidity Services was 2.30. The lowest was 0.25. And the median was 0.71.


Be Aware

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


Liquidity Services Cyclically Adjusted Revenue per Share Related Terms

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


Liquidity Services (FRA:L1S) Business Description

Traded in Other Exchanges
Address
6931 Arlington Road, Suite 460, Bethesda, MD, USA, 20814
Liquidity Services Inc is an online auction marketplace. It manages and sells inventory and equipment for business and government clients by operating a network of e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering across different product categories. The company has four reportable segments: GovDeals, Capital Assets Group (CAG), Retail Supply Chain Group (RSCG), and Machinio. It generates majority of its revenue from Retail Supply Chain Group (RSCG) segment which consists of marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods. Geographically, a substantial portion the company's revenue is generated from its business in United States.

Liquidity Services (FRA:L1S) Headlines

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