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Eneti (NETI) Cyclically Adjusted Revenue per Share : $26.94 (As of Sep. 2023)


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What is Eneti 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.

Eneti's adjusted revenue per share for the three months ended in Sep. 2023 was $1.404. 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 $26.94 for the trailing ten years ended in Sep. 2023.

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.

As of today (2024-06-04), Eneti's current stock price is $11.33. Eneti's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $26.94. Eneti's Cyclically Adjusted PS Ratio of today is 0.42.

During the past 10 years, the highest Cyclically Adjusted PS Ratio of Eneti was 0.60. The lowest was 0.59. And the median was 0.59.


Eneti Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Eneti'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.

Eneti Cyclically Adjusted Revenue per Share Chart

Eneti Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Eneti Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - 27.59 27.27 26.94

Competitive Comparison of Eneti's Cyclically Adjusted Revenue per Share

For the Marine Shipping subindustry, Eneti'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.


Eneti's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Eneti's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Eneti 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, Eneti's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.404/129.8595*129.8595
=1.404

Current CPI (Sep. 2023) = 129.8595.

Eneti Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 98.326 0.000
201403 4.948 99.695 6.445
201406 11.874 100.560 15.334
201409 11.359 100.428 14.688
201412 14.062 99.070 18.432
201503 8.485 99.621 11.060
201506 7.841 100.684 10.113
201509 5.565 100.392 7.198
201512 8.018 99.792 10.434
201603 3.439 100.470 4.445
201606 3.386 101.688 4.324
201609 3.344 101.861 4.263
201612 3.740 101.863 4.768
201703 4.841 102.862 6.112
201706 5.257 103.349 6.605
201709 5.367 104.136 6.693
201712 7.131 104.011 8.903
201803 7.463 105.290 9.205
201806 8.112 106.317 9.908
201809 8.586 106.507 10.469
201812 9.395 105.998 11.510
201903 7.464 107.251 9.037
201906 7.321 108.070 8.797
201909 9.236 108.329 11.072
201912 8.697 108.420 10.417
202003 5.931 108.902 7.072
202006 3.326 108.767 3.971
202009 3.982 109.815 4.709
202012 4.388 109.897 5.185
202103 5.493 111.754 6.383
202106 3.448 114.631 3.906
202109 2.332 115.734 2.617
202112 0.307 117.630 0.339
202203 0.578 121.301 0.619
202206 1.578 125.017 1.639
202209 1.814 125.227 1.881
202212 1.249 125.222 1.295
202303 0.377 127.348 0.384
202306 1.061 128.729 1.070
202309 1.404 129.860 1.404

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


Eneti  (NYSE:NETI) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.33/26.94
=0.42

* 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 10 years, the highest Cyclically Adjusted PS Ratio of Eneti was 0.60. The lowest was 0.59. And the median was 0.59.


Be Aware

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


Eneti Cyclically Adjusted Revenue per Share Related Terms

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


Eneti (NETI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Eneti Inc (NYSE:NETI) » Definitions » Cyclically Adjusted Revenue per Share
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Address
Le Millenium 9, Boulevard Charles III, Monaco, MCO, 98000
Eneti Inc is a shipping company. It owns and operates a fleet of modern mid to large-size dry bulk carriers which provide marine transportation for major bulks. The Company is organized into one operating segment, marine energy, through which the Company manages the Company's business, assesses performance and allocates resources.