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Sonic (SONC) Cyclically Adjusted Revenue per Share : $0.00 (As of Aug. 2018)


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What is Sonic 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.

Sonic's adjusted revenue per share for the three months ended in Aug. 2018 was $3.066. 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 $0.00 for the trailing ten years ended in Aug. 2018.

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 (2024-05-05), Sonic's current stock price is $43.49. Sonic's Cyclically Adjusted Revenue per Share for the quarter that ended in Aug. 2018 was $0.00. Sonic's Cyclically Adjusted PS Ratio of today is .


Sonic Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sonic'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.

Sonic Cyclically Adjusted Revenue per Share Chart

Sonic Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
Cyclically Adjusted Revenue per Share
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Sonic Quarterly Data
Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18
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Competitive Comparison of Sonic's Cyclically Adjusted Revenue per Share

For the Restaurants subindustry, Sonic'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.


Sonic's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Sonic's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sonic 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, Sonic's adjusted Revenue per Share data for the three months ended in Aug. 2018 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Aug. 2018 (Change)*Current CPI (Aug. 2018)
=3.066/106.3831*106.3831
=3.066

Current CPI (Aug. 2018) = 106.3831.

Sonic Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200811 3.007 89.624 3.569
200902 2.764 89.527 3.284
200905 2.958 90.228 3.488
200908 2.806 91.063 3.278
200911 2.222 91.272 2.590
201002 1.846 91.445 2.148
201005 2.367 92.052 2.736
201008 2.513 92.108 2.902
201011 2.091 92.315 2.410
201102 1.835 93.373 2.091
201105 2.453 95.337 2.737
201108 2.432 95.582 2.707
201111 2.078 95.449 2.316
201202 1.899 96.053 2.103
201205 2.492 96.961 2.734
201208 2.585 97.199 2.829
201211 2.169 97.133 2.376
201302 1.970 97.953 2.140
201305 2.580 98.282 2.793
201308 2.766 98.675 2.982
201311 2.188 98.334 2.367
201402 1.912 99.057 2.053
201405 2.730 100.373 2.893
201408 2.955 100.352 3.133
201411 2.551 99.635 2.724
201502 2.309 99.032 2.480
201505 3.086 100.333 3.272
201508 3.311 100.548 3.503
201511 2.841 100.135 3.018
201602 2.664 100.040 2.833
201605 3.350 101.355 3.516
201608 3.375 101.617 3.533
201611 2.783 101.829 2.907
201702 2.248 102.779 2.327
201705 2.877 103.256 2.964
201708 2.943 103.587 3.022
201711 2.643 104.072 2.702
201802 2.277 105.052 2.306
201805 3.170 106.148 3.177
201808 3.066 106.383 3.066

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


Sonic  (NAS:SONC) 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.


Be Aware

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


Sonic Cyclically Adjusted Revenue per Share Related Terms

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


Sonic (SONC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Sonic Corp (NAS:SONC) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
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Address
Sonic Corp operates and franchises drive-in restaurants throughout the United States. The restaurants typically consist of a building that houses only a kitchen to go along with 16 to 24 parking spaces that have their own payment terminals, intercom speakers, and menu boards. Carhops serve customers in their cars. Many locations also have a drive-thru lane and patio seating as alternatives. Sonic franchises roughly 90% of its restaurants, and the royalty revenue the company earns on franchise sales contributes roughly a quarter of total company revenue. Company-operated stores provide the balance of total revenue. Sonic owns the property on which hundreds of its restaurants are located. For those properties that house franchised stores, franchisees lease from the company.
Executives
Steven A Davis director 3776 SOUTH HIGH ST, COLUMBUS OH 43207
Lauren R Hobart director 345 COURT STREET, CORAOPOLIS PA 15275
Tony Bartel director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Kathy L Taylor director C/O FREDERIC DORWART LAWYERS, 124 EAST FOURTH STREET, TULSA OK 74103
Pedro Claudia San officer: President 300 JOHNNY BENCH DRIVE, OKLAHOMA CITY OK 73104
Kate S Lavelle director 24089 3RD STREET, FAIRHOPE AL 36532
Federico F Pena director 711 HIGH STREET, DES MOINES IA 50392-0300
J Larry Nichols director DEVON ENERGY CORP, 20 NORTH BROADWAY STE 1500, OKLAHOMA CITY OK 73102-8260
Southeastern Asset Management Inc/tn/ 10 percent owner 6410 POPLAR AVENUE, SUITE 900, MEMPHIS TN 38119
Longleaf Partners Funds Trust 10 percent owner C/O SOUTHEASTERN ASSET MANAGEMENT, 6410 POPLAR AVE, SUITE 900, MEMPHIS TN 38119
Todd Whitney Smith officer: President and CMO 300 JOHNNY BENCH DRIVE, OKLAHOMA CITY OK 73104
Craig Jeffrey Miller officer: Former Officer of Subsidiary 5008 HARTRIDGE WAY, GREENSBORO NC 27407
Robert M Rosenberg director
Michael J Maples director 2208 WINDSOR ROAD, AUSTIN TX 78703
Douglas N Benham director