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SAP SE (BSE:SAP) Cyclically Adjusted Revenue per Share : lei124.14 (As of Mar. 2024)


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What is SAP SE 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.

SAP SE's adjusted revenue per share for the three months ended in Mar. 2024 was lei34.118. 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 lei124.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SAP SE's average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.00% 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 8.90% 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 SAP SE was 10.00% per year. The lowest was 7.70% per year. And the median was 8.80% per year.

As of today (2024-06-09), SAP SE's current stock price is lei886.20. SAP SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was lei124.14. SAP SE's Cyclically Adjusted PS Ratio of today is 7.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SAP SE was 7.76. The lowest was 3.76. And the median was 5.90.


SAP SE Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for SAP SE'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.

SAP SE Cyclically Adjusted Revenue per Share Chart

SAP SE 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 82.07 90.62 99.86 113.35 121.74

SAP SE 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 114.73 115.24 122.19 121.74 124.14

Competitive Comparison of SAP SE's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, SAP SE'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.


SAP SE's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



SAP SE 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, SAP SE'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)
=34.118/125.0381*125.0381
=34.118

Current CPI (Mar. 2024) = 125.0381.

SAP SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.685 99.543 27.239
201409 21.060 99.823 26.380
201412 25.849 99.543 32.470
201503 18.697 99.717 23.445
201506 21.429 100.417 26.683
201509 21.493 100.417 26.763
201512 26.473 99.717 33.195
201603 20.205 100.017 25.260
201606 22.582 100.717 28.035
201609 23.155 101.017 28.661
201612 27.229 101.217 33.637
201703 21.696 101.417 26.749
201706 24.912 102.117 30.504
201709 25.591 102.717 31.152
201712 31.015 102.617 37.792
201803 25.004 102.917 30.378
201806 27.017 104.017 32.477
201809 27.080 104.718 32.335
201812 32.568 104.217 39.074
201903 26.533 104.217 31.834
201906 28.880 105.718 34.158
201909 28.828 106.018 34.000
201912 34.433 105.818 40.687
202003 27.844 105.718 32.933
202006 29.616 106.618 34.733
202009 30.026 105.818 35.480
202012 35.801 105.518 42.424
202103 29.470 107.518 34.272
202106 31.343 108.486 36.125
202109 31.408 109.435 35.886
202112 31.250 110.384 35.399
202203 29.142 113.968 31.973
202206 29.861 115.760 32.254
202209 29.045 118.818 30.566
202212 33.455 119.345 35.051
202303 31.231 122.402 31.903
202306 31.924 123.140 32.416
202309 32.234 124.195 32.453
202312 35.925 123.773 36.292
202403 34.118 125.038 34.118

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


SAP SE  (BSE:SAP) 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.

SAP SE's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=886.20/124.14
=7.14

* 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 SAP SE was 7.76. The lowest was 3.76. And the median was 5.90.


Be Aware

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


SAP SE Cyclically Adjusted Revenue per Share Related Terms

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


SAP SE (BSE:SAP) Business Description

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Founded in 1972 by former IBM employees, SAP provides database technology and enterprise resource planning software to enterprises around the world. Across more than 180 countries, the company serves 440,000 customers, approximately 80% of which are small- to medium-size enterprises.