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Microsoft (BUE:MSFT) Cyclically Adjusted Revenue per Share : ARS792.55 (As of Mar. 2024)


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What is Microsoft 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.

Microsoft's adjusted revenue per share for the three months ended in Mar. 2024 was ARS34,873.773. 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 ARS792.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Microsoft's average Cyclically Adjusted Revenue Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% 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 Microsoft was 33.90% per year. The lowest was 8.90% per year. And the median was 14.80% per year.

As of today (2024-06-07), Microsoft's current stock price is ARS17679.50. Microsoft's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS792.55. Microsoft's Cyclically Adjusted PS Ratio of today is 22.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Microsoft was 22.41. The lowest was 4.59. And the median was 10.05.


Microsoft Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Microsoft'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.

Microsoft Cyclically Adjusted Revenue per Share Chart

Microsoft Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.35 271.42 254.41 452.32 341.42

Microsoft 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 261.49 341.42 568.40 681.83 792.55

Competitive Comparison of Microsoft's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, Microsoft'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.


Microsoft's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Microsoft's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Microsoft 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, Microsoft'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)
=34873.773/131.7762*131.7762
=34,873.773

Current CPI (Mar. 2024) = 131.7762.

Microsoft Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 113.583 100.560 148.843
201409 116.950 100.428 153.456
201412 136.402 99.070 181.433
201503 116.331 99.621 153.880
201506 123.841 100.684 162.084
201509 118.512 100.392 155.562
201512 191.275 99.792 252.579
201603 187.749 100.470 246.250
201606 233.154 101.688 302.141
201609 207.653 101.861 268.638
201612 261.435 101.863 338.209
201703 229.015 102.862 293.390
201706 270.348 103.349 344.710
201709 275.671 104.136 348.842
201712 358.099 104.011 453.691
201803 346.662 105.290 433.869
201806 482.087 106.317 597.531
201809 689.069 106.507 852.556
201812 788.053 105.998 979.705
201903 771.578 107.251 948.020
201906 973.783 108.070 1,187.397
201909 1,198.855 108.329 1,458.335
201912 1,434.147 108.420 1,743.094
202003 1,416.110 108.902 1,713.563
202006 1,701.123 108.767 2,060.983
202009 1,805.888 109.815 2,167.038
202012 2,301.421 109.897 2,759.612
202103 2,472.605 111.754 2,915.594
202106 2,883.511 114.631 3,314.782
202109 2,927.908 115.734 3,333.745
202112 3,457.320 117.630 3,873.114
202203 3,517.311 121.301 3,821.056
202206 4,158.393 125.017 4,383.229
202209 4,652.272 125.227 4,895.599
202212 5,916.656 125.222 6,226.348
202303 6,994.842 127.348 7,238.081
202306 9,031.181 128.729 9,244.984
202309 13,252.563 129.860 13,448.168
202312 14,990.104 129.419 15,263.082
202403 34,873.773 131.776 34,873.773

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


Microsoft  (BUE:MSFT) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17679.50/792.55
=22.31

* 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 Microsoft was 22.41. The lowest was 4.59. And the median was 10.05.


Be Aware

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


Microsoft Cyclically Adjusted Revenue per Share Related Terms

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


Microsoft (BUE:MSFT) Business Description

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Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).