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Alphabet(Google) (GOOGL) Cyclically Adjusted Revenue per Share : ₴705.26 (As of Mar. 2024)


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What is Alphabet(Google) 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.

Alphabet(Google)'s adjusted revenue per share for the three months ended in Mar. 2024 was ₴241.938. 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 ₴705.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alphabet(Google)'s average Cyclically Adjusted Revenue Growth Rate was 18.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 23.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 22.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 21.20% 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 Alphabet(Google) was 23.80% per year. The lowest was 19.60% per year. And the median was 20.35% per year.

As of today (2024-06-05), Alphabet(Google)'s current stock price is ₴7251.00. Alphabet(Google)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₴705.26. Alphabet(Google)'s Cyclically Adjusted PS Ratio of today is 10.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Alphabet(Google) was 17.16. The lowest was 7.43. And the median was 11.73.


Alphabet(Google) Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Alphabet(Google)'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.

Alphabet(Google) Cyclically Adjusted Revenue per Share Chart

Alphabet(Google) 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 - - - 966.47 725.15

Alphabet(Google) 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 863.30 781.44 746.93 725.15 705.26

Competitive Comparison of Alphabet(Google)'s Cyclically Adjusted Revenue per Share

For the Internet Content & Information subindustry, Alphabet(Google)'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.


Alphabet(Google)'s Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Alphabet(Google)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Alphabet(Google)'s Cyclically Adjusted PS Ratio falls into.



Alphabet(Google) 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, Alphabet(Google)'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)
=241.938/131.7762*131.7762
=241.938

Current CPI (Mar. 2024) = 131.7762.

Alphabet(Google) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 46.772 100.560 61.291
201409 48.307 100.428 63.386
201412 52.905 99.070 70.371
201503 50.362 99.621 66.618
201506 51.627 100.684 67.570
201509 54.118 100.392 71.037
201512 61.570 99.792 81.303
201603 58.284 100.470 76.445
201606 62.079 101.688 80.447
201609 64.677 101.861 83.672
201612 74.894 101.863 96.888
201703 70.935 102.862 90.874
201706 74.391 103.349 94.853
201709 79.406 104.136 100.483
201712 92.239 104.011 116.862
201803 88.874 105.290 111.231
201806 93.436 106.317 115.811
201809 96.450 106.507 119.333
201812 112.750 105.998 140.170
201903 104.321 107.251 128.177
201906 111.948 108.070 136.506
201909 116.710 108.329 141.971
201912 133.353 108.420 162.080
202003 119.629 108.902 144.757
202006 112.160 108.767 135.887
202009 135.457 109.815 162.546
202012 167.625 109.897 200.998
202103 163.173 111.754 192.407
202106 183.206 114.631 210.607
202109 193.676 115.734 220.521
202112 225.401 117.630 252.509
202203 204.993 121.301 222.696
202206 197.703 125.017 208.392
202209 211.875 125.227 222.957
202212 237.063 125.222 249.471
202303 204.898 127.348 212.023
202306 219.553 128.729 224.751
202309 242.961 129.860 246.547
202312 275.896 129.419 280.920
202403 241.938 131.776 241.938

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


Alphabet(Google)  (UKEX:GOOGL) 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.

Alphabet(Google)'s Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7251.00/705.26
=10.28

* 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 Alphabet(Google) was 17.16. The lowest was 7.43. And the median was 11.73.


Be Aware

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


Alphabet(Google) Cyclically Adjusted Revenue per Share Related Terms

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


Alphabet(Google) (GOOGL) Business Description

Address
1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043
Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart home products, which include Nest and Google Home, also contribute to other revenue. Alphabet's moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), provide faster internet access (Google Fiber), enable self-driving cars (Waymo), and more.

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