GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avnet Inc (FRA:VNI) » Definitions » Cyclically Adjusted Revenue per Share

Avnet (FRA:VNI) Cyclically Adjusted Revenue per Share : €201.82 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Avnet 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.

Avnet's adjusted revenue per share for the three months ended in Mar. 2024 was €56.997. 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 €201.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Avnet's average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% 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 Avnet was 16.90% per year. The lowest was 0.60% per year. And the median was 6.20% per year.

As of today (2024-06-08), Avnet's current stock price is €49.20. Avnet's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €201.82. Avnet's Cyclically Adjusted PS Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Avnet was 0.32. The lowest was 0.13. And the median was 0.25.


Avnet Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Avnet'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.

Avnet Cyclically Adjusted Revenue per Share Chart

Avnet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.32 154.23 153.64 193.05 193.30

Avnet 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 190.18 193.30 207.63 195.94 201.82

Competitive Comparison of Avnet's Cyclically Adjusted Revenue per Share

For the Electronics & Computer Distribution subindustry, Avnet'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.


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

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

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



Avnet 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, Avnet'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)
=56.997/131.7762*131.7762
=56.997

Current CPI (Mar. 2024) = 131.7762.

Avnet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 36.942 100.560 48.410
201409 37.682 100.428 49.444
201412 44.071 99.070 58.620
201503 45.199 99.621 59.788
201506 -22.485 100.684 -29.429
201509 30.070 100.392 39.471
201512 28.313 99.792 37.387
201603 27.844 100.470 36.520
201606 27.214 101.688 35.266
201609 28.276 101.861 36.580
201612 31.081 101.863 40.208
201703 32.088 102.862 41.108
201706 32.781 103.349 41.798
201709 31.541 104.136 39.913
201712 31.382 104.011 39.759
201803 32.515 105.290 40.694
201806 37.030 106.317 45.897
201809 37.452 106.507 46.338
201812 39.817 105.998 49.500
201903 38.213 107.251 46.951
201906 38.921 108.070 47.459
201909 40.278 108.329 48.996
201912 40.289 108.420 48.968
202003 39.208 108.902 47.444
202006 37.365 108.767 45.269
202009 40.546 109.815 48.655
202012 38.398 109.897 46.043
202103 41.199 111.754 48.580
202106 43.109 114.631 49.557
202109 46.946 115.734 53.453
202112 51.759 117.630 57.984
202203 59.217 121.301 64.331
202206 61.273 125.017 64.586
202209 71.287 125.227 75.016
202212 68.367 125.222 71.945
202303 65.811 127.348 68.100
202306 65.317 128.729 66.863
202309 63.711 129.860 64.651
202312 61.987 129.419 63.116
202403 56.997 131.776 56.997

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


Avnet  (FRA:VNI) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=49.20/201.82
=0.24

* 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 Avnet was 0.32. The lowest was 0.13. And the median was 0.25.


Be Aware

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


Avnet Cyclically Adjusted Revenue per Share Related Terms

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


Avnet (FRA:VNI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avnet Inc (FRA:VNI) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
2211 South 47th Street, Phoenix, AZ, USA, 85034
Avnet Inc is a global distributor of electronic components, connecting suppliers of semiconductors and other components to a base of 2.1 million small- and mid-sized customers in 140 countries. Avnet is the third largest semiconductor distributor in the world, and the largest for European chip distribution. Avnet services all levels of electronics design and development, servicing engineers with design tools, test kits, and services alongside its high-volume distribution for final designs.

Avnet (FRA:VNI) Headlines

No Headlines