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VeriSign (STU:VRS) Cyclically Adjusted Revenue per Share : €11.58 (As of Mar. 2024)


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What is VeriSign 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.

VeriSign's adjusted revenue per share for the three months ended in Mar. 2024 was €3.504. 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 €11.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, VeriSign's average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% 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 10.10% 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 VeriSign was 12.30% per year. The lowest was 0.60% per year. And the median was 6.25% per year.

As of today (2024-05-24), VeriSign's current stock price is €158.95. VeriSign's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €11.58. VeriSign's Cyclically Adjusted PS Ratio of today is 13.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of VeriSign was 29.17. The lowest was 9.09. And the median was 17.44.


VeriSign Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for VeriSign'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.

VeriSign Cyclically Adjusted Revenue per Share Chart

VeriSign 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 7.05 7.00 8.75 10.40 11.08

VeriSign 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 10.30 10.71 11.38 11.08 11.58

Competitive Comparison of VeriSign's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, VeriSign'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.


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

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

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



VeriSign 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, VeriSign'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)
=3.504/131.7762*131.7762
=3.504

Current CPI (Mar. 2024) = 131.7762.

VeriSign Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.306 100.560 1.711
201409 1.433 100.428 1.880
201412 1.528 99.070 2.032
201503 1.784 99.621 2.360
201506 1.755 100.684 2.297
201509 1.798 100.392 2.360
201512 1.877 99.792 2.479
201603 1.924 100.470 2.524
201606 1.952 101.688 2.530
201609 2.006 101.861 2.595
201612 2.164 101.863 2.799
201703 2.168 102.862 2.777
201706 2.071 103.349 2.641
201709 1.977 104.136 2.502
201712 2.010 104.011 2.547
201803 1.965 105.290 2.459
201806 2.101 106.317 2.604
201809 2.143 106.507 2.651
201812 2.226 105.998 2.767
201903 2.254 107.251 2.769
201906 2.271 108.070 2.769
201909 2.362 108.329 2.873
201912 2.376 108.420 2.888
202003 2.423 108.902 2.932
202006 2.416 108.767 2.927
202009 2.350 109.815 2.820
202012 2.307 109.897 2.766
202103 2.399 111.754 2.829
202106 2.430 114.631 2.793
202109 2.542 115.734 2.894
202112 2.706 117.630 3.031
202203 2.856 121.301 3.103
202206 3.060 125.017 3.225
202209 3.366 125.227 3.542
202212 3.291 125.222 3.463
202303 3.241 127.348 3.354
202306 3.302 128.729 3.380
202309 3.423 129.860 3.474
202312 3.420 129.419 3.482
202403 3.504 131.776 3.504

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


VeriSign  (STU:VRS) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=158.95/11.58
=13.73

* 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 VeriSign was 29.17. The lowest was 9.09. And the median was 17.44.


Be Aware

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


VeriSign Cyclically Adjusted Revenue per Share Related Terms

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


VeriSign (STU:VRS) Business Description

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12061 Bluemont Way, Reston, VA, USA, 20190
Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.