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Constellation Software (TSX:CSU) Cyclically Adjusted Revenue per Share : C$281.71 (As of Mar. 2024)


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What is Constellation Software 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.

Constellation Software's adjusted revenue per share for the three months ended in Mar. 2024 was C$150.357. 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$281.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Constellation Software's average Cyclically Adjusted Revenue Growth Rate was 23.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 25.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 24.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 25.50% 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 Constellation Software was 29.80% per year. The lowest was 22.60% per year. And the median was 25.35% per year.

As of today (2024-06-09), Constellation Software's current stock price is C$3841.84. Constellation Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$281.71. Constellation Software's Cyclically Adjusted PS Ratio of today is 13.64.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Constellation Software was 14.48. The lowest was 7.61. And the median was 10.97.


Constellation Software Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Constellation Software'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.

Constellation Software Cyclically Adjusted Revenue per Share Chart

Constellation Software 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 111.78 134.08 166.87 213.45 266.80

Constellation Software 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 227.33 241.04 254.63 266.80 281.71

Competitive Comparison of Constellation Software's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Constellation Software'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.


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

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

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



Constellation Software 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, Constellation Software'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)
=150.357/126.2576*126.2576
=150.357

Current CPI (Mar. 2024) = 126.2576.

Constellation Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.256 99.473 26.979
201409 21.760 99.394 27.641
201412 23.926 98.367 30.710
201503 25.180 99.789 31.859
201506 25.878 100.500 32.510
201509 28.818 100.421 36.232
201512 33.102 99.947 41.816
201603 30.393 101.054 37.973
201606 32.166 102.002 39.815
201609 33.750 101.765 41.873
201612 35.487 101.449 44.165
201703 35.080 102.634 43.155
201706 37.647 103.029 46.135
201709 36.878 103.345 45.054
201712 41.430 103.345 50.616
201803 43.879 105.004 52.760
201806 46.574 105.557 55.708
201809 46.620 105.636 55.721
201812 52.750 105.399 63.189
201903 51.674 106.979 60.986
201906 53.113 107.690 62.270
201909 54.296 107.611 63.704
201912 59.345 107.769 69.526
202003 62.778 107.927 73.440
202006 58.961 108.401 68.673
202009 62.554 108.164 73.018
202012 65.943 108.559 76.694
202103 69.749 110.298 79.842
202106 71.964 111.720 81.328
202109 77.669 112.905 86.855
202112 83.594 113.774 92.766
202203 85.487 117.646 91.745
202206 97.758 120.806 102.170
202209 108.578 120.648 113.626
202212 118.465 120.964 123.649
202303 123.839 122.702 127.427
202306 127.832 124.203 129.946
202309 135.744 125.230 136.857
202312 146.935 125.072 148.327
202403 150.357 126.258 150.357

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


Constellation Software  (TSX:CSU) 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.

Constellation Software's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3841.84/281.71
=13.64

* 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 Constellation Software was 14.48. The lowest was 7.61. And the median was 10.97.


Be Aware

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


Constellation Software Cyclically Adjusted Revenue per Share Related Terms

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


Constellation Software (TSX:CSU) Business Description

Industry
Traded in Other Exchanges
Address
20 Adelaide Street East, Suite 1200, Toronto, ON, CAN, M5C 2T6
Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care. The firm has operations in Canada; USA; UK/Europe and Other.
Executives
Claire Marie Catherine Kennedy Director
Lawrence Cunningham Director

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