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Berkshire Hathaway (Berkshire Hathaway) Cyclically Adjusted Revenue per Share : $203,289.00 (As of Dec. 2023)


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What is Berkshire Hathaway 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.

Berkshire Hathaway's adjusted revenue per share for the three months ended in Dec. 2023 was $90,221.760. 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 $203,289.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Berkshire Hathaway's average Cyclically Adjusted Revenue Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.40% 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 Berkshire Hathaway was 36.50% per year. The lowest was 7.60% per year. And the median was 12.10% per year.

As of today (2024-04-27), Berkshire Hathaway's current stock price is $606920.00. Berkshire Hathaway's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $203,289.00. Berkshire Hathaway's Cyclically Adjusted PS Ratio of today is 2.99.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Berkshire Hathaway was 3.23. The lowest was 1.92. And the median was 2.46.


Berkshire Hathaway Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Berkshire Hathaway'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.

Berkshire Hathaway Cyclically Adjusted Revenue per Share Chart

Berkshire Hathaway 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 133,705.00 143,742.00 167,103.00 181,294.00 203,289.00

Berkshire Hathaway Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 181,294.00 189,162.00 196,321.00 198,708.00 203,289.00

Competitive Comparison of Berkshire Hathaway's Cyclically Adjusted Revenue per Share

For the Insurance - Diversified subindustry, Berkshire Hathaway'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.


Berkshire Hathaway's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Berkshire Hathaway's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Berkshire Hathaway 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, Berkshire Hathaway's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=90221.76/129.4194*129.4194
=90,221.760

Current CPI (Dec. 2023) = 129.4194.

Berkshire Hathaway Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 27,647.810 99.695 35,891.278
201406 30,268.856 100.560 38,955.814
201409 31,161.899 100.428 40,157.748
201412 29,388.314 99.070 38,391.334
201503 29,606.817 99.621 38,462.700
201506 31,264.760 100.684 40,187.820
201509 35,903.226 100.392 46,284.536
201512 31,614.121 99.792 40,999.922
201603 31,748.631 100.470 40,896.511
201606 33,001.217 101.688 42,000.959
201609 35,792.579 101.861 45,476.228
201612 35,375.912 101.863 44,946.082
201703 39,625.912 102.862 49,856.621
201706 34,942.857 103.349 43,757.358
201709 36,761.094 104.136 45,686.573
201712 35,843.769 104.011 44,599.846
201803 30,673.556 105.290 37,703.220
201806 41,679.027 106.317 50,735.864
201809 47,540.146 106.507 57,767.419
201812 17,177.832 105.998 20,973.479
201903 49,390.244 107.251 59,599.310
201906 45,043.425 108.070 53,942.075
201909 46,477.648 108.329 55,526.102
201912 59,385.135 108.420 70,887.119
202003 -5,551.448 108.902 -6,597.385
202006 60,127.171 108.767 71,543.767
202009 59,613.106 109.815 70,255.424
202012 66,669.236 109.897 78,512.682
202103 45,857.143 111.754 53,105.774
202106 63,492.105 114.631 71,682.891
202109 50,235.529 115.734 56,175.672
202112 75,701.010 117.630 83,288.455
202203 46,688.136 121.301 49,812.867
202206 6,309.993 125.017 6,532.206
202209 43,244.035 125.227 44,691.955
202212 63,250.171 125.222 65,370.400
202303 82,521.291 127.348 83,863.686
202306 86,595.862 128.729 87,060.496
202309 43,836.904 129.860 43,688.339
202312 90,221.760 129.419 90,221.760

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


Berkshire Hathaway  (NYSE:BRK.A) 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.

Berkshire Hathaway's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=606920.00/203289
=2.99

* 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 Berkshire Hathaway was 3.23. The lowest was 1.92. And the median was 2.46.


Be Aware

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


Berkshire Hathaway Cyclically Adjusted Revenue per Share Related Terms

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


Berkshire Hathaway (Berkshire Hathaway) Business Description

Industry
Address
3555 Farnam Street, Omaha, NE, USA, 68131
Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the firms that make up its manufacturing, service, and retailing operations (which include five of Berkshire's largest noninsurance pretax earnings generators: Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis.
Executives
Ronald L Olson director EDISON INTERNATIONAL, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Ajit Jain director, officer: Vice Chairman 100 FIRST STAMFORD PLACE, BHRG, STAMFORD CT 06902
Charles T Munger director, officer: Vice Chairman 355 S GRAND AV, 34TH FL, LOS ANGELES CA 90071
Warren E Buffett director, 10 percent owner, officer: Chairman and CEO 3555 FARNAM ST, STE 1440, OMAHA NE 68131
Meryl B Witmer director 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Kenneth I Chenault director C/O GENERAL CATALYST, 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
David S Gottesman director
Charlotte Guyman director 3324 78TH PL. N.E., MEDINA WA 98004
Gregory Abel director, officer: Vice Chairman 666 GRAND AVE., STE.500, DES MOINES IA 50309
Thomas S Murphy director C/O WALT DISNEY CO, 500 S BUENA VISTA STREET, BURBANK CA 91521-1010
Stephen B Burke director 41 CENTRAL PARK WEST - APT 11A, NEW YORK NY 10023
Keough Donald R /ny director 200 GALLERIA PARKWAY, SE, SUITE 970, ATLANTA 2Q 30339-5945
Bill & Melinda Gates Foundation Trust 10 percent owner 2365 CARILLON POINT, KIRKLAND WA 98033
Susan L Decker director C/O YAHOO INC, 701 FIRST AVE, SUNNYVALE CA 94089
Malcolm G Chace director ONE PROVIDENCE WASHINGTON PLZ, 4TH FL, PROVIDENCE RI 02903

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