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Light & Wonder (Light & Wonder) Cyclically Adjusted Revenue per Share : $34.92 (As of Mar. 2024)


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What is Light & Wonder 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.

Light & Wonder's adjusted revenue per share for the three months ended in Mar. 2024 was $8.217. 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 $34.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Light & Wonder's average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% 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 Light & Wonder was 16.90% per year. The lowest was 2.10% per year. And the median was 7.40% per year.

As of today (2024-06-01), Light & Wonder's current stock price is $95.44. Light & Wonder's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $34.92. Light & Wonder's Cyclically Adjusted PS Ratio of today is 2.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Light & Wonder was 3.11. The lowest was 0.24. And the median was 1.33.


Light & Wonder Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Light & Wonder'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.

Light & Wonder Cyclically Adjusted Revenue per Share Chart

Light & Wonder 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 24.04 25.53 28.40 31.55 34.09

Light & Wonder 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 32.47 33.27 33.99 34.09 34.92

Competitive Comparison of Light & Wonder's Cyclically Adjusted Revenue per Share

For the Gambling subindustry, Light & Wonder'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.


Light & Wonder's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Light & Wonder's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Light & Wonder 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, Light & Wonder'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)
=8.217/131.7762*131.7762
=8.217

Current CPI (Mar. 2024) = 131.7762.

Light & Wonder Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.940 100.560 6.474
201409 4.907 100.428 6.439
201412 6.664 99.070 8.864
201503 7.722 99.621 10.214
201506 8.050 100.684 10.536
201509 7.800 100.392 10.238
201512 8.550 99.792 11.290
201603 7.875 100.470 10.329
201606 8.353 101.688 10.825
201609 8.229 101.861 10.646
201612 8.557 101.863 11.070
201703 8.224 102.862 10.536
201706 8.600 103.349 10.966
201709 8.581 104.136 10.859
201712 9.221 104.011 11.682
201803 9.022 105.290 11.292
201806 9.286 106.317 11.510
201809 9.022 106.507 11.163
201812 9.725 105.998 12.090
201903 9.098 107.251 11.179
201906 9.086 108.070 11.079
201909 9.096 108.329 11.065
201912 -1.602 108.420 -1.947
202003 7.713 108.902 9.333
202006 5.674 108.767 6.874
202009 4.547 109.815 5.456
202012 4.898 109.897 5.873
202103 4.768 111.754 5.622
202106 6.052 114.631 6.957
202109 5.444 115.734 6.199
202112 5.587 117.630 6.259
202203 5.897 121.301 6.406
202206 6.421 125.017 6.768
202209 6.750 125.227 7.103
202212 7.179 125.222 7.555
202303 7.204 127.348 7.455
202306 8.033 128.729 8.223
202309 7.946 129.860 8.063
202312 8.290 129.419 8.441
202403 8.217 131.776 8.217

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


Light & Wonder  (NAS:LNW) 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.

Light & Wonder's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=95.44/34.92
=2.73

* 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 Light & Wonder was 3.11. The lowest was 0.24. And the median was 1.33.


Be Aware

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


Light & Wonder Cyclically Adjusted Revenue per Share Related Terms

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


Light & Wonder (Light & Wonder) Business Description

Industry
Traded in Other Exchanges
Address
6601 Bermuda Road, Las Vegas, NV, USA, 89119
Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the top three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about a quarter of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.
Executives
Vanja Kalabic officer: Chief Accounting Officer LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89118
Maria T Vullo director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Antonia Korsanos director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Oliver Chow officer: Interim CFO LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Hamish Mclennan director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Jamie Odell director C/O LIGHT & WONDER, INC., 6601 BERMUDA RD, LAS VEGAS NV 89119
Fine Capital Partners, L.p. 10 percent owner 3 COLUMBUS CIRCLE, 15TH FLOOR, NEW YORK NY 10019
Michael J Regan director 14 BRENNER PLACE, DEMAREST NJ 07627
Siobhan Lane officer: EVP & Grp Chief Exec of Gaming C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Stephen W Morro director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Debra Fine 10 percent owner 590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022
Fine Capital Advisors, Llc 10 percent owner 590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022
James Constance P. officer: EVP, CFO, Treas & Corp Sec C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Virginia E Shanks director 4170 CAUGHLIN PARKWAY, RENO NV 89519
Ronald O Perelman director, 10 percent owner 35 EAST 62ND STREET, NEW YORK NY 10021