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iHeartMedia (iHeartMedia) Cyclically Adjusted Revenue per Share : $55.07 (As of Dec. 2023)


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What is iHeartMedia 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.

iHeartMedia's adjusted revenue per share for the three months ended in Dec. 2023 was $7.123. 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 $55.07 for the trailing ten years ended in Dec. 2023.

During the past 12 months, iHeartMedia's average Cyclically Adjusted Revenue Growth Rate was -9.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -6.10% 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 iHeartMedia was -2.30% per year. The lowest was -6.10% per year. And the median was -4.60% per year.

As of today (2024-04-27), iHeartMedia's current stock price is $2.14. iHeartMedia's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $55.07. iHeartMedia's Cyclically Adjusted PS Ratio of today is 0.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of iHeartMedia was 0.41. The lowest was 0.03. And the median was 0.13.


iHeartMedia Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for iHeartMedia'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.

iHeartMedia Cyclically Adjusted Revenue per Share Chart

iHeartMedia 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 - 66.50 64.05 60.72 55.07

iHeartMedia 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 60.72 60.12 58.77 57.32 55.07

Competitive Comparison of iHeartMedia's Cyclically Adjusted Revenue per Share

For the Broadcasting subindustry, iHeartMedia'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.


iHeartMedia's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, iHeartMedia's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



iHeartMedia 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, iHeartMedia'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)
=7.123/129.4194*129.4194
=7.123

Current CPI (Dec. 2023) = 129.4194.

iHeartMedia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 16.021 99.695 20.798
201406 19.426 100.560 25.001
201409 19.407 100.428 25.009
201412 20.413 99.070 26.666
201503 15.984 99.621 20.765
201506 18.992 100.684 24.412
201509 18.726 100.392 24.141
201512 20.349 99.792 26.390
201603 16.133 100.470 20.781
201606 19.113 101.688 24.325
201609 18.507 101.861 23.514
201612 20.156 101.863 25.609
201703 15.684 102.862 19.733
201706 18.739 103.349 23.466
201709 18.064 104.136 22.450
201712 -10.199 104.011 -12.690
201803 16.073 105.290 19.757
201806 10.457 106.317 12.729
201809 10.751 106.507 13.064
201812 11.989 105.998 14.638
201903 9.291 107.251 11.211
201906 0.000 108.070 0.000
201909 6.503 108.329 7.769
201912 0.000 108.420 0.000
202003 5.361 108.902 6.371
202006 3.341 108.767 3.975
202009 5.093 109.815 6.002
202012 6.400 109.897 7.537
202103 4.833 111.754 5.597
202106 5.881 114.631 6.640
202109 6.171 115.734 6.901
202112 7.218 117.630 7.941
202203 5.718 121.301 6.101
202206 6.397 125.017 6.622
202209 6.668 125.227 6.891
202212 7.589 125.222 7.843
202303 5.468 127.348 5.557
202306 6.167 128.729 6.200
202309 6.366 129.860 6.344
202312 7.123 129.419 7.123

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


iHeartMedia  (NAS:IHRT) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.14/55.07
=0.04

* 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 iHeartMedia was 0.41. The lowest was 0.03. And the median was 0.13.


Be Aware

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


iHeartMedia Cyclically Adjusted Revenue per Share Related Terms

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


iHeartMedia (iHeartMedia) Business Description

Traded in Other Exchanges
Address
20880 Stone Oak Parkway, San Antonio, TX, USA, 78258
iHeartMedia Inc is a us-based diversified media and entertainment company. It operates through the segments of the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The company derives prime revenue from the Multiplatform Group segment which includes the company's Broadcast radio, Networks and Sponsorships, and Events businesses. The Digital Audio Group segment includes all of the company's digital businesses, including podcasting; and the Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.
Executives
Robert W Pittman director, officer: Chief Executive Officer C/O CENDANT, 9 WEST 57TH ST, NEW YORK NY 10019
Scott D Hamilton officer: See Remarks 200 EAST BASSE ROAD, SAN ANTONIO TX 78209
Michael B Mcguinness officer: EVP-Finance & Deputy CFO C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Richard J Bressler director, officer: President, COO and CFO 1515 BROADWAY, NEW YORK NY 10036
James A Rasulo director 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258
Global Media & Entertainment Investments Ltd 10 percent owner C/O RHONE, BLDG. 2, WESTERN BUS. CNTR., MT. PLEASANT VLG., WESTERN RD, SP63131, NASSAU C5 00000
Simon Groom 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Global Media & Entertainment Investments Trust 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Michael Tabor 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
James W. Hill 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Samuel Eli Englebardt director C/O IHEARTMEDIA, INC., 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258
Silver Point Capital L.p. 10 percent owner TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Edward A Mule director, 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Robert J O'shea director, 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Jordan Fasbender officer: SEE BELOW C/O IHEARTMEDIA, INC., 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258

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