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Global Payments (Global Payments) Cyclically Adjusted Revenue per Share : $30.05 (As of Dec. 2023)


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What is Global Payments 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.

Global Payments's adjusted revenue per share for the three months ended in Dec. 2023 was $9.269. 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 $30.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Global Payments'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 11.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.00% 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 Global Payments was 15.70% per year. The lowest was 8.40% per year. And the median was 13.60% per year.

As of today (2024-04-28), Global Payments's current stock price is $124.57. Global Payments's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $30.05. Global Payments's Cyclically Adjusted PS Ratio of today is 4.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Global Payments was 10.23. The lowest was 2.39. And the median was 5.25.


Global Payments Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Global Payments'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.

Global Payments Cyclically Adjusted Revenue per Share Chart

Global Payments Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.17 21.68 24.59 27.57 30.05

Global Payments 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 27.57 28.43 29.15 29.80 30.05

Competitive Comparison of Global Payments's Cyclically Adjusted Revenue per Share

For the Specialty Business Services subindustry, Global Payments'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.


Global Payments's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Payments's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Global Payments 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, Global Payments'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)
=9.269/129.4194*129.4194
=9.269

Current CPI (Dec. 2023) = 129.4194.

Global Payments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 4.214 99.057 5.506
201405 3.893 100.373 5.020
201408 5.136 100.352 6.624
201411 5.147 99.635 6.686
201502 4.940 99.032 6.456
201505 5.339 100.333 6.887
201508 5.710 100.548 7.350
201511 5.541 100.135 7.161
201602 5.224 100.040 6.758
201605 5.298 101.355 6.765
201608 6.066 101.617 7.726
201611 6.116 101.829 7.773
201703 6.002 102.862 7.552
201706 6.266 103.349 7.847
201709 6.685 104.136 8.308
201712 6.594 104.011 8.205
201803 4.968 105.290 6.107
201806 5.218 106.317 6.352
201809 5.404 106.507 6.567
201812 5.548 105.998 6.774
201903 5.588 107.251 6.743
201906 5.946 108.070 7.121
201909 6.229 108.329 7.442
201912 6.621 108.420 7.903
202003 6.328 108.902 7.520
202006 5.569 108.767 6.626
202009 6.382 109.815 7.521
202012 6.424 109.897 7.565
202103 6.685 111.754 7.742
202106 7.218 114.631 8.149
202109 7.529 115.734 8.419
202112 7.607 117.630 8.369
202203 7.631 121.301 8.142
202206 8.199 125.017 8.488
202209 8.297 125.227 8.575
202212 8.436 125.222 8.719
202303 8.713 127.348 8.855
202306 9.385 128.729 9.435
202309 9.488 129.860 9.456
202312 9.269 129.419 9.269

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


Global Payments  (NYSE:GPN) 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.

Global Payments's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=124.57/30.05
=4.15

* 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 Global Payments was 10.23. The lowest was 2.39. And the median was 5.25.


Be Aware

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


Global Payments Cyclically Adjusted Revenue per Share Related Terms

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


Global Payments (Global Payments) Business Description

Industry
Traded in Other Exchanges
Address
3550 Lenox Road, Atlanta, GA, USA, 30326
Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares. The merger added issuer processing operations.
Executives
M Troy Woods director ONE TSYS WAY, COLUMBUS GA 31901
Baldwin Robert H B Jr director C/O HEARTLAND PAYMENT SYSTEMS, INC., 90 NASSAU STREET, PRINCETON NJ 08542
David M Sheffield officer: Chief Accounting Officer 10 GLENLAKE PARKWAY, NORTH TOWER, ATLANTA GA 30328
David Lawrence Green officer: EVP and General Counsel 1431 FAIRVIEW ROAD NE, ATLANTA GA 30306
Kirsten Marie Kliphouse director 531 SOUTH SPRING STREET, BURLINGTON NC 27215
Joshua J Whipple officer: Senior Executive VP and CFO 3550 LENOX ROAD NE, ATLANTA GA 30326
Guido Francesco Sacchi officer: EVP and CIO 533 ORME CIRCLE NE, ATLANTA GA 30306
Andrea M Carter officer: Senior Executive VP and CHRO 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Jeffrey Steven Sloan director, officer: CEO 5048 NORTHSIDE DRIVE, ATLANTA GA 30327
John G Bruno director
Sla Ii Galaxy Gp, L.l.c. director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Sla Ii Galaxy Holdings, L.p. director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp Galaxy Co-invest, L.p. director 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Sla Ii Galaxy Aggregator, L.p. director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Group, L.l.c. director 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025