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BlackRock (XSWX:BLK) Cyclically Adjusted Revenue per Share : CHF0.00 (As of Mar. 2024)


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What is BlackRock Cyclically Adjusted Revenue per Share?

Note: As Cyclically Adjusted Revenue per Share is a main component used to calculate Cyclically Adjusted PS Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

BlackRock's adjusted revenue per share for the three months ended in Mar. 2024 was CHF27.525. 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 CHF0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BlackRock's average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.70% 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 BlackRock was 17.70% per year. The lowest was 9.30% per year. And the median was 11.90% per year.

As of today (2024-06-09), BlackRock's current stock price is CHF475.00. BlackRock's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was CHF0.00. BlackRock's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BlackRock was 11.29. The lowest was 4.93. And the median was 7.30.


BlackRock Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BlackRock'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.

BlackRock Cyclically Adjusted Revenue per Share Chart

BlackRock 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 67.94 51.41 - - -

BlackRock 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 - - - - -

Competitive Comparison of BlackRock's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, BlackRock'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.


BlackRock's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



BlackRock 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, BlackRock'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)
=27.525/131.7762*131.7762
=27.525

Current CPI (Mar. 2024) = 131.7762.

BlackRock Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.540 100.560 19.054
201409 15.631 100.428 20.510
201412 15.935 99.070 21.196
201503 15.720 99.621 20.794
201506 16.011 100.684 20.955
201509 16.779 100.392 22.025
201512 16.889 99.792 22.302
201603 15.379 100.470 20.171
201606 16.314 101.688 21.141
201609 16.607 101.861 21.484
201612 24.534 101.863 31.739
201703 18.784 102.862 24.064
201706 19.085 103.349 24.335
201709 20.617 104.136 26.089
201712 22.544 104.011 28.562
201803 20.849 105.290 26.094
201806 22.009 106.317 27.279
201809 21.457 106.507 26.548
201812 21.108 105.998 26.241
201903 21.009 107.251 25.813
201906 22.267 108.070 27.152
201909 23.377 108.329 28.437
201912 24.783 108.420 30.122
202003 22.753 108.902 27.532
202006 22.431 108.767 27.176
202009 25.999 109.815 31.198
202012 25.752 109.897 30.879
202103 26.502 111.754 31.250
202106 28.667 114.631 32.955
202109 30.531 115.734 34.763
202112 30.809 117.630 34.514
202203 28.612 121.301 31.083
202206 28.769 125.017 30.324
202209 27.490 125.227 28.928
202212 26.470 125.222 27.856
202303 25.727 127.348 26.622
202306 26.327 128.729 26.950
202309 26.652 129.860 27.045
202312 26.238 129.419 26.716
202403 27.525 131.776 27.525

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


BlackRock  (XSWX:BLK) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BlackRock was 11.29. The lowest was 4.93. And the median was 7.30.


Be Aware

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


BlackRock Cyclically Adjusted Revenue per Share Related Terms

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


BlackRock (XSWX:BLK) Business Description

Industry
Address
50 Hudson Yards, New York, NY, USA, 10001
BlackRock is the largest asset manager in the world, with $9.101 trillion in AUM at the end of September 2023. Product mix is fairly diverse, with 52% of the firm's managed assets in equity strategies, 28% in fixed income, 9% in multi-asset class, 8% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is also geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the U.S. and Canada.

BlackRock (XSWX:BLK) Headlines