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Immersion (Immersion) Cyclically Adjusted Revenue per Share : $2.08 (As of Mar. 2024)


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What is Immersion 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.

Immersion's adjusted revenue per share for the three months ended in Mar. 2024 was $1.396. 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 $2.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Immersion's average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% 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 Immersion was 8.30% per year. The lowest was -0.60% per year. And the median was 3.50% per year.

As of today (2024-06-10), Immersion's current stock price is $9.73. Immersion's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.08. Immersion's Cyclically Adjusted PS Ratio of today is 4.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Immersion was 11.84. The lowest was 2.30. And the median was 5.01.


Immersion Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Immersion'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.

Immersion Cyclically Adjusted Revenue per Share Chart

Immersion 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 1.82 1.82 1.93 2.02 1.98

Immersion 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 2.01 2.01 2.00 1.98 2.08

Competitive Comparison of Immersion's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Immersion'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.


Immersion's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Immersion 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, Immersion'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)
=1.396/131.7762*131.7762
=1.396

Current CPI (Mar. 2024) = 131.7762.

Immersion Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.405 100.560 0.531
201409 0.411 100.428 0.539
201412 0.478 99.070 0.636
201503 0.585 99.621 0.774
201506 0.561 100.684 0.734
201509 0.491 100.392 0.644
201512 0.564 99.792 0.745
201603 0.478 100.470 0.627
201606 0.273 101.688 0.354
201609 0.898 101.861 1.162
201612 0.322 101.863 0.417
201703 0.318 102.862 0.407
201706 0.241 103.349 0.307
201709 0.406 104.136 0.514
201712 0.236 104.011 0.299
201803 2.794 105.290 3.497
201806 0.201 106.317 0.249
201809 0.278 106.507 0.344
201812 0.344 105.998 0.428
201903 0.165 107.251 0.203
201906 0.277 108.070 0.338
201909 0.335 108.329 0.408
201912 0.361 108.420 0.439
202003 0.202 108.902 0.244
202006 0.205 108.767 0.248
202009 0.280 109.815 0.336
202012 0.385 109.897 0.462
202103 0.245 111.754 0.289
202106 0.352 114.631 0.405
202109 0.220 115.734 0.250
202112 0.288 117.630 0.323
202203 0.213 121.301 0.231
202206 0.237 125.017 0.250
202209 0.416 125.227 0.438
202212 0.284 125.222 0.299
202303 0.214 127.348 0.221
202306 0.213 128.729 0.218
202309 0.290 129.860 0.294
202312 0.321 129.419 0.327
202403 1.396 131.776 1.396

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


Immersion  (NAS:IMMR) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.73/2.08
=4.68

* 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 Immersion was 11.84. The lowest was 2.30. And the median was 5.01.


Be Aware

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


Immersion Cyclically Adjusted Revenue per Share Related Terms

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


Immersion (Immersion) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Immersion Corp (NAS:IMMR) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
2999 N.E. 191st Street, Suite 610, Aventura, FL, USA, 33180
Immersion Corp is focused on the creation, design, development, and licensing of innovative haptic technologies that allow people to use its sense of touch more fully as they engage with products and experience the digital world. The company's software focuses on applications in mobile devices, wearables, consumer, and gaming devices markets. It generates revenue from royalty and license fees, and development contract and service fees. Geographically, the company generates a majority of its revenue from Korea.
Executives
Aaron Akerman officer: Chief Financial Officer C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134
J Michael Dodson officer: Chief Financial Officer 1220 N. SIMON CIRCLE, ANAHEIM CA 92806
Emily Hoffman director 2999 N.E. 191ST STREET, SUITE 610, AVENTURA FL 33180
Francis Jose officer: General Counsel 385 RIVER OAKS PARKWAY, APT # 2106, SAN JOSE CA 95134
Eric Singer 10 percent owner 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160
William C Martin officer: Chief Strategy Officer C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Childress Frederick Wasch director 330 TOWNSEND STREET, SUITE 234, SAN FRANCISCO CA 94107
Elias Nader director 1778 MCCARTHY BLVD., C/O SIGMA DESIGNS, INC., MILPITAS CA 95035
Sumit Agarwal director C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134
Mary Dotz director 280 N BERNARDO AVENUE, MOUNTAIN VIEW CA 94043
Jared Smith officer: Interim CEO/VP Worldwide Sales C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134
Viex Special Opportunities Fund Ii, Lp 10 percent owner C/O VIEX CAPITAL ADVISORS, LLC, 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Michael Rudolf Okada officer: General Counsel C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134
Viex Opportunities Fund, Lp Series One 10 percent owner C/O VIEX CAPITAL ADVISORS, LLC, 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Sharon E Holt director C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134