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NICE (XTAE:NICE) Cyclically Adjusted Revenue per Share : ₪107.68 (As of Mar. 2024)


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What is NICE 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.

NICE's adjusted revenue per share for the three months ended in Mar. 2024 was ₪37.081. 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 ₪107.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NICE's average Cyclically Adjusted Revenue Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.80% 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 NICE was 12.80% per year. The lowest was 5.70% per year. And the median was 8.20% per year.

As of today (2024-06-10), NICE's current stock price is ₪644.50. NICE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₪107.68. NICE's Cyclically Adjusted PS Ratio of today is 5.99.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NICE was 12.61. The lowest was 3.08. And the median was 6.75.


NICE Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for NICE'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.

NICE Cyclically Adjusted Revenue per Share Chart

NICE 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 66.94 72.48 82.88 93.82 103.92

NICE 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 96.87 99.43 101.84 103.92 107.68

Competitive Comparison of NICE's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, NICE'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.


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

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

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



NICE 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, NICE'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)
=37.081/131.7762*131.7762
=37.081

Current CPI (Mar. 2024) = 131.7762.

NICE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.528 100.560 17.727
201409 12.836 100.428 16.843
201412 16.030 99.070 21.322
201503 13.240 99.621 17.514
201506 13.141 100.684 17.199
201509 13.469 100.392 17.680
201512 16.755 99.792 22.125
201603 13.895 100.470 18.225
201606 14.060 101.688 18.220
201609 14.521 101.861 18.786
201612 19.752 101.863 25.552
201703 18.519 102.862 23.725
201706 18.813 103.349 23.988
201709 19.409 104.136 24.561
201712 23.467 104.011 29.731
201803 19.994 105.290 25.024
201806 20.305 106.317 25.167
201809 20.936 106.507 25.903
201812 24.107 105.998 29.970
201903 22.126 107.251 27.186
201906 22.017 108.070 26.847
201909 22.213 108.329 27.021
201912 24.702 108.420 30.023
202003 23.505 108.902 28.442
202006 22.415 108.767 27.157
202009 23.145 109.815 27.774
202012 24.415 109.897 29.276
202103 25.517 111.754 30.089
202106 25.699 114.631 29.543
202109 27.537 115.734 31.354
202112 28.681 117.630 32.130
202203 29.520 121.301 32.069
202206 29.956 125.017 31.576
202209 31.238 125.227 32.872
202212 32.093 125.222 33.773
202303 32.098 127.348 33.214
202306 32.729 128.729 33.504
202309 33.977 129.860 34.478
202312 35.467 129.419 36.113
202403 37.081 131.776 37.081

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


NICE  (XTAE:NICE) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=644.50/107.68
=5.99

* 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 NICE was 12.61. The lowest was 3.08. And the median was 6.75.


Be Aware

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


NICE Cyclically Adjusted Revenue per Share Related Terms

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


NICE (XTAE:NICE) Business Description

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Address
13 Zarchin Street, P.O. Box 690, NICE 1, 2, 3, Ra'anana, ISR, 4310602
Nice is an enterprise software company that serves the customer engagement and financial crime and compliance markets. The company provides data analytics-based solutions through both a cloud platform and on-premises infrastructure. Within customer engagement, Nice's CXone platform delivers solutions focused on contact center software and workforce engagement management, or WEM. Contact center offerings include solutions for digital self-service, customer journey and experience optimization, and compliance. WEM products optimize call center efficiency, leveraging data and AI analytics for call volume forecasting and agent scheduling. Within financial crime and compliance, Nice offers risk and investigation management, fraud prevention, anti-money laundering, and compliance solutions.