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Denny's (Denny's) Cyclically Adjusted Revenue per Share : $8.50 (As of Mar. 2024)


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What is Denny's 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.

Denny's's adjusted revenue per share for the three months ended in Mar. 2024 was $2.067. 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 $8.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Denny's's average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.20% 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 Denny's was 6.60% per year. The lowest was -17.50% per year. And the median was -13.80% per year.

As of today (2024-05-26), Denny's's current stock price is $7.06. Denny's's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.50. Denny's's Cyclically Adjusted PS Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Denny's was 3.44. The lowest was 0.49. And the median was 1.55.


Denny's Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Denny's'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.

Denny's Cyclically Adjusted Revenue per Share Chart

Denny's 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 6.93 6.85 7.29 7.87 8.30

Denny's 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 8.05 8.17 8.28 8.30 8.50

Competitive Comparison of Denny's's Cyclically Adjusted Revenue per Share

For the Restaurants subindustry, Denny's'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.


Denny's's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Denny's's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Denny's 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, Denny's'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)
=2.067/131.7762*131.7762
=2.067

Current CPI (Mar. 2024) = 131.7762.

Denny's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.297 100.560 1.700
201409 1.345 100.428 1.765
201412 1.482 99.070 1.971
201503 1.374 99.621 1.817
201506 1.433 100.684 1.876
201509 1.455 100.392 1.910
201512 1.537 99.792 2.030
201603 1.580 100.470 2.072
201606 1.620 101.688 2.099
201609 1.672 101.861 2.163
201612 1.736 101.863 2.246
201703 1.746 102.862 2.237
201706 1.861 103.349 2.373
201709 1.913 104.136 2.421
201712 2.008 104.011 2.544
201803 2.319 105.290 2.902
201806 2.379 106.317 2.949
201809 2.412 106.507 2.984
201812 2.498 105.998 3.106
201903 2.378 107.251 2.922
201906 2.447 108.070 2.984
201909 2.031 108.329 2.471
201912 1.890 108.420 2.297
202003 1.664 108.902 2.014
202006 0.721 108.767 0.874
202009 1.119 109.815 1.343
202012 1.229 109.897 1.474
202103 1.226 111.754 1.446
202106 1.626 114.631 1.869
202109 1.577 115.734 1.796
202112 1.660 117.630 1.860
202203 1.622 121.301 1.762
202206 1.842 125.017 1.942
202209 1.989 125.227 2.093
202212 2.067 125.222 2.175
202303 2.031 127.348 2.102
202306 2.049 128.729 2.098
202309 2.036 129.860 2.066
202312 2.142 129.419 2.181
202403 2.067 131.776 2.067

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


Denny's  (NAS:DENN) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.06/8.5
=0.83

* 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 Denny's was 3.44. The lowest was 0.49. And the median was 1.55.


Be Aware

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


Denny's Cyclically Adjusted Revenue per Share Related Terms

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


Denny's (Denny's) Business Description

Industry
Traded in Other Exchanges
Address
203 East Main Street, Spartanburg, SC, USA, 29319-9966
Denny's Corp is one of America's largest franchised full-service restaurant chains based on the number of restaurants. It provides Pancakes, Appetizers & Soups, Sandwiches & Salads, Breakfast Melts, Omelettes, and others. The company generates its revenue from two sources: the sale of food & beverages and the collection of royalties & fees from restaurants.
Executives
Pankaj K Patra officer: EVP, Chief Digital & Tech Ofc 12157 BETHEL DR., FRISCO TX 75033
Stephen C. Dunn officer: Sr. V.P., Global Development 203 EAST MAIN STREET, SPARTANBURG SC 29319
John C Miller director, officer: CEO and President
Stephanie J. Davidson officer: EVP, Chief People Officer 203 EAST MAIN STREET, SPARTANBURG SC 29319
Gail Sharps Myers officer: Senior VP, General Counsel 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Robert P. Verostek officer: Senior Vice President, Finance 203 EAST MAIN STREET, SPARTANBURG SC 29319
Brenda J Lauderback director IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Kelli Valade director, officer: CEO and President 6820 LBJ FREEWAY, DALLAS TX 75240
Donald C. Robinson director 203 EAST MAIN STREET, MS P12-02, SPARTANBURG SC 29319
F Mark Wolfinger officer: Sr. V.P., CFO DENNY'S CORPORATION, 203 EAST MAIN STREET, SPARTANBURG SC 29319
Olufunlayo Olurinde Fajemirokun-beck director C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Jay C Gilmore officer: VP, CAO & Corporate Controller 203 EAST MAIN STREET, MSP1202, SPARTANBURG SC 29319
John William Dillon officer: Sr VP, Chief Marketing Officer 203 EAST MAIN STREET, SPARTANBURG SC 29319
Christopher D Bode officer: Sr. V.P., Operations 203 EAST MAIN STREET, SPARTANBURG SC 29319
Timothy E. Flemming officer: Sr. V.P., General Counsel 203 EAST MAIN STREET, SPARTANBURG SC 29319