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Deutsche Boerse AG (XTER:DB1) Cyclically Adjusted Revenue per Share : €22.80 (As of Mar. 2024)


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What is Deutsche Boerse AG 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.

Deutsche Boerse AG's adjusted revenue per share for the three months ended in Mar. 2024 was €9.313. 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 €22.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Deutsche Boerse AG's average Cyclically Adjusted Revenue Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.40% 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 Deutsche Boerse AG was 13.50% per year. The lowest was 5.00% per year. And the median was 9.05% per year.

As of today (2024-04-28), Deutsche Boerse AG's current stock price is €182.65. Deutsche Boerse AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €22.80. Deutsche Boerse AG's Cyclically Adjusted PS Ratio of today is 8.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Deutsche Boerse AG was 11.18. The lowest was 6.60. And the median was 8.64.


Deutsche Boerse AG Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Deutsche Boerse AG'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.

Deutsche Boerse AG Cyclically Adjusted Revenue per Share Chart

Deutsche Boerse AG 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 14.48 15.23 16.90 19.74 22.27

Deutsche Boerse AG 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 20.68 21.20 21.80 22.27 22.80

Competitive Comparison of Deutsche Boerse AG's Cyclically Adjusted Revenue per Share

For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse AG'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.


Deutsche Boerse AG's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Deutsche Boerse AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Deutsche Boerse AG 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, Deutsche Boerse AG'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)
=9.313/123.6675*123.6675
=9.313

Current CPI (Mar. 2024) = 123.6675.

Deutsche Boerse AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.115 99.543 3.870
201409 3.147 99.823 3.899
201412 3.427 99.543 4.258
201503 3.399 99.717 4.215
201506 3.311 100.417 4.078
201509 3.327 100.417 4.097
201512 3.299 99.717 4.091
201603 3.626 100.017 4.483
201606 3.564 100.717 4.376
201609 3.305 101.017 4.046
201612 3.614 101.217 4.416
201703 3.728 101.417 4.546
201706 3.743 102.117 4.533
201709 3.539 102.717 4.261
201712 3.868 102.617 4.661
201803 4.157 102.917 4.995
201806 4.185 104.017 4.976
201809 3.953 104.718 4.668
201812 4.452 104.217 5.283
201903 4.418 104.217 5.243
201906 4.441 105.718 5.195
201909 4.492 106.018 5.240
201912 4.639 105.818 5.422
202003 5.594 105.718 6.544
202006 4.859 106.618 5.636
202009 4.429 105.818 5.176
202012 5.373 105.518 6.297
202103 5.771 107.518 6.638
202106 5.790 108.486 6.600
202109 5.852 109.435 6.613
202112 6.369 110.384 7.135
202203 6.791 113.968 7.369
202206 6.698 115.760 7.156
202209 7.214 118.818 7.508
202212 7.733 119.345 8.013
202303 8.051 122.402 8.134
202306 7.884 123.140 7.918
202309 7.817 124.195 7.784
202312 9.300 123.668 9.300
202403 9.313 123.668 9.313

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


Deutsche Boerse AG  (XTER:DB1) 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.

Deutsche Boerse AG's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=182.65/22.8
=8.01

* 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 Deutsche Boerse AG was 11.18. The lowest was 6.60. And the median was 8.64.


Be Aware

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


Deutsche Boerse AG Cyclically Adjusted Revenue per Share Related Terms

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


Deutsche Boerse AG (XTER:DB1) Business Description

Industry
Address
Mergenthalerallee 61, Eschborn, Frankfurt, HE, DEU, 60485
Deutsche Boerse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments include Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.
Executives
Heike Eckert Board of Directors
Dr. Christoph Böhm Board of Directors
Dr. Stephan Leithner Board of Directors
Dr. Thomas Book Board of Directors
Gregor Pottmeyer Board of Directors
Dr. Theodor Weimer Board of Directors

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