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NVR (STU:NVE) Cyclically Adjusted Revenue per Share : €2,063.90 (As of Mar. 2024)


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What is NVR 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.

NVR's adjusted revenue per share for the three months ended in Mar. 2024 was €634.943. 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 €2,063.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NVR's average Cyclically Adjusted Revenue Growth Rate was 11.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.20% 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 NVR was 28.10% per year. The lowest was 4.90% per year. And the median was 10.60% per year.

As of today (2024-05-20), NVR's current stock price is €7000.00. NVR's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2,063.90. NVR's Cyclically Adjusted PS Ratio of today is 3.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NVR was 4.04. The lowest was 1.23. And the median was 2.59.


NVR Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for NVR'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.

NVR Cyclically Adjusted Revenue per Share Chart

NVR 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 1,066.04 1,107.08 1,450.75 1,813.11 1,956.27

NVR 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 1,799.57 1,887.64 2,049.56 1,956.27 2,063.90

Competitive Comparison of NVR's Cyclically Adjusted Revenue per Share

For the Residential Construction subindustry, NVR'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.


NVR's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, NVR's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



NVR 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, NVR'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)
=634.943/131.7762*131.7762
=634.943

Current CPI (Mar. 2024) = 131.7762.

NVR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 180.583 100.560 236.641
201409 214.681 100.428 281.693
201412 252.352 99.070 335.663
201503 209.199 99.621 276.723
201506 260.262 100.684 340.634
201509 291.260 100.392 382.315
201512 339.113 99.792 447.800
201603 248.812 100.470 326.340
201606 296.942 101.688 384.803
201609 332.547 101.861 430.212
201612 417.031 101.863 539.498
201703 291.832 102.862 373.864
201706 327.459 103.349 417.530
201709 328.647 104.136 415.879
201712 352.297 104.011 446.340
201803 294.325 105.290 368.366
201806 369.973 106.317 458.569
201809 392.109 106.507 485.140
201812 444.455 105.998 552.545
201903 378.132 107.251 464.602
201906 403.030 108.070 491.441
201909 435.923 108.329 530.274
201912 451.910 108.420 549.261
202003 367.048 108.902 444.146
202006 373.098 108.767 452.024
202009 429.400 109.815 515.273
202012 484.608 109.897 581.089
202103 436.219 111.754 514.372
202106 486.841 114.631 559.655
202109 530.526 115.734 604.062
202112 525.886 117.630 589.132
202203 591.214 121.301 642.270
202206 718.602 125.017 757.455
202209 809.029 125.227 851.344
202212 753.135 125.222 792.556
202303 591.044 127.348 611.597
202306 623.538 128.729 638.300
202309 697.491 129.860 707.786
202312 662.237 129.419 674.297
202403 634.943 131.776 634.943

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


NVR  (STU:NVE) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7000.00/2063.9
=3.39

* 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 NVR was 4.04. The lowest was 1.23. And the median was 2.59.


Be Aware

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


NVR Cyclically Adjusted Revenue per Share Related Terms

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


NVR (STU:NVE) Business Description

Industry
Traded in Other Exchanges
Address
11700 Plaza America Drive, Suite 500, Reston, VA, USA, 20190
NVR Inc is a United States-based homebuilding company operating in over 33 metropolitan areas across the east of the Mississippi River. The company builds single-family detached homes, townhomes, and condominium buildings under three brands, Ryan Homes, NVHomes, and Heartland Homes. NVR's avoidance of direct land development activity is unique among public homebuilders and results in relatively outsize return metrics. The Virginia-based company also manages mortgage banking segment and homebuilding operating segments. The homebuilding segment includes four geographic areas; Mid-Atlantic, North East, Mid-East, and South East.

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