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Optiva (TSX:OPT) Cyclically Adjusted Revenue per Share : C$58.26 (As of Mar. 2024)


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What is Optiva 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.

Optiva's adjusted revenue per share for the three months ended in Mar. 2024 was C$2.564. 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 C$58.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Optiva's average Cyclically Adjusted Revenue Growth Rate was -8.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.90% 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 Optiva was -0.30% per year. The lowest was -1.20% per year. And the median was -0.60% per year.

As of today (2024-06-09), Optiva's current stock price is C$6.30. Optiva's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$58.26. Optiva's Cyclically Adjusted PS Ratio of today is 0.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Optiva was 0.92. The lowest was 0.04. And the median was 0.46.


Optiva Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Optiva'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.

Optiva Cyclically Adjusted Revenue per Share Chart

Optiva Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.50 62.79 62.95 63.84 60.63

Optiva Quarterly Data
Dec18 Mar19 Jun19 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 63.94 64.01 64.07 60.63 58.26

Competitive Comparison of Optiva's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, Optiva'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.


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

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

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



Optiva 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, Optiva'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)
=2.564/126.2576*126.2576
=2.564

Current CPI (Mar. 2024) = 126.2576.

Optiva Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 26.446 96.945 34.442
201403 31.074 98.604 39.789
201406 24.992 99.473 31.721
201409 24.267 99.394 30.826
201412 25.464 98.367 32.684
201503 24.437 99.789 30.919
201506 20.776 100.500 26.101
201509 28.538 100.421 35.880
201512 24.756 99.947 31.273
201603 19.103 101.054 23.868
201606 18.978 102.002 23.491
201609 19.361 101.765 24.021
201612 22.926 101.449 28.533
201703 21.229 102.634 26.115
201706 19.959 103.029 24.459
201709 13.351 103.345 16.311
201712 8.394 103.345 10.255
201803 6.894 105.004 8.289
201806 8.035 105.557 9.611
201809 6.799 105.636 8.126
201812 6.572 105.399 7.873
201903 5.920 106.979 6.987
201906 5.817 107.690 6.820
202003 4.719 107.927 5.520
202006 5.081 108.401 5.918
202009 4.680 108.164 5.463
202012 4.371 108.559 5.084
202103 3.648 110.298 4.176
202106 3.253 111.720 3.676
202109 3.433 112.905 3.839
202112 3.315 113.774 3.679
202203 3.307 117.646 3.549
202206 3.191 120.806 3.335
202209 3.273 120.648 3.425
202212 3.317 120.964 3.462
202303 2.802 122.702 2.883
202306 2.385 124.203 2.424
202309 2.567 125.230 2.588
202312 2.613 125.072 2.638
202403 2.564 126.258 2.564

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


Optiva  (TSX:OPT) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.30/58.26
=0.11

* 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 Optiva was 0.92. The lowest was 0.04. And the median was 0.46.


Be Aware

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


Optiva Cyclically Adjusted Revenue per Share Related Terms

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


Optiva (TSX:OPT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Optiva Inc (TSX:OPT) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
2233 Argentia Road, Suite 302, East Tower, Mississauga, ON, CAN, L5N 2X7
Optiva Inc is engaged in offering next-generation software solutions to help the telco industry and customers leverage today's digital technologies. The company's portfolio of products enables real-time billing, charging, policy management and user experience that are critical to customers' growth and performance. When deployed in the cloud, Optiva solutions deliver the most impact for the best value. The company's vision, market knowledge, analytical insights and Customer Success Program ensure customers are equipped to achieve their strategic business goals today and into the future.
Executives
Ashish Kumar Joshi Senior Officer
Dinesh Sharma Senior Officer

Optiva (TSX:OPT) Headlines

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