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Topdanmark A/S (OCSE:TOP) Cyclically Adjusted Revenue per Share : kr218.09 (As of Mar. 2024)


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What is Topdanmark A/S 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.

Topdanmark A/S's adjusted revenue per share for the three months ended in Mar. 2024 was kr32.448. 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 kr218.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Topdanmark A/S's average Cyclically Adjusted Revenue Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% 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 Topdanmark A/S was 8.80% per year. The lowest was 3.50% per year. And the median was 7.65% per year.

As of today (2024-06-08), Topdanmark A/S's current stock price is kr293.60. Topdanmark A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr218.09. Topdanmark A/S's Cyclically Adjusted PS Ratio of today is 1.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Topdanmark A/S was 2.24. The lowest was 1.30. And the median was 1.70.


Topdanmark A/S Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Topdanmark A/S'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.

Topdanmark A/S Cyclically Adjusted Revenue per Share Chart

Topdanmark A/S 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 177.28 194.53 202.19 215.53 215.92

Topdanmark A/S 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 217.49 216.15 217.41 215.92 218.09

Competitive Comparison of Topdanmark A/S's Cyclically Adjusted Revenue per Share

For the Insurance - Diversified subindustry, Topdanmark A/S'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.


Topdanmark A/S's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Topdanmark A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Topdanmark A/S's Cyclically Adjusted PS Ratio falls into.



Topdanmark A/S 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, Topdanmark A/S'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)
=32.448/118.4000*118.4000
=32.448

Current CPI (Mar. 2024) = 118.4000.

Topdanmark A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 33.412 99.700 39.679
201409 29.237 99.700 34.721
201412 33.955 99.400 40.445
201503 61.711 100.200 72.920
201506 21.987 100.300 25.955
201509 27.845 100.200 32.903
201512 49.088 99.800 58.237
201603 43.877 100.200 51.847
201606 54.029 100.600 63.589
201609 62.940 100.200 74.372
201612 57.848 100.300 68.287
201703 66.384 101.200 77.667
201706 53.020 101.200 62.031
201709 63.030 101.800 73.308
201712 62.993 101.300 73.627
201803 46.139 101.700 53.715
201806 64.647 102.300 74.821
201809 68.217 102.400 78.876
201812 13.949 102.100 16.176
201903 106.160 102.900 122.151
201906 73.637 102.900 84.729
201909 81.308 102.900 93.556
201912 76.471 102.900 87.990
202003 -33.193 103.300 -38.045
202006 125.797 103.200 144.325
202009 84.868 103.500 97.086
202012 124.499 103.400 142.560
202103 25.063 104.300 28.451
202106 25.709 105.000 28.990
202109 24.238 105.800 27.125
202112 32.329 106.600 35.908
202203 23.199 109.900 24.993
202206 19.668 113.600 20.499
202209 21.888 116.400 22.264
202212 30.820 115.900 31.485
202303 29.259 117.300 29.533
202306 27.929 116.400 28.409
202309 28.100 117.400 28.339
202312 34.436 116.700 34.938
202403 32.448 118.400 32.448

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


Topdanmark A/S  (OCSE:TOP) 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.

Topdanmark A/S's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=293.60/218.09
=1.35

* 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 Topdanmark A/S was 2.24. The lowest was 1.30. And the median was 1.70.


Be Aware

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


Topdanmark A/S Cyclically Adjusted Revenue per Share Related Terms

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


Topdanmark A/S (OCSE:TOP) Business Description

Industry
Traded in Other Exchanges
Address
Borupvang 4, Ballerup, DNK, DK-2750
Topdanmark A/S is a diversified insurance company that offers a variety of insurance products in Denmark. The company strives to maintain an expense ratio lower than the general market. Topdanmark offers life insurance, as well as non-life-insurance products that cover private households and small businesses. The company´s insurance business is segmented into three: Private offers non-life insurance policies to individual households in Denmark. This segment also includes illness and accident insurance offered through the life company; SME offers non-life insurance policies to Danish-based agricultural and SME businesses; Life offers products within life insurance and pension funds to both private and SME customers in Denmark.