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adidas AG (adidas AG) Cyclically Adjusted Revenue per Share : $130.00 (As of Dec. 2023)


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What is adidas 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.

adidas AG's adjusted revenue per share for the three months ended in Dec. 2023 was $29.514. 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 $130.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, adidas AG's average Cyclically Adjusted Revenue Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% 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 adidas AG was 9.20% per year. The lowest was 6.00% per year. And the median was 7.45% per year.

As of today (2024-04-27), adidas AG's current stock price is $245.10. adidas AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $130.00. adidas AG's Cyclically Adjusted PS Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of adidas AG was 3.56. The lowest was 0.91. And the median was 2.51.


adidas AG Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for adidas 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.

adidas AG Cyclically Adjusted Revenue per Share Chart

adidas 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 99.23 111.23 112.78 119.02 130.00

adidas AG 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 119.02 123.19 127.40 123.67 130.00

Competitive Comparison of adidas AG's Cyclically Adjusted Revenue per Share

For the Footwear & Accessories subindustry, adidas 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.


adidas AG's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, adidas AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



adidas 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, adidas AG'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)
=29.514/123.6675*123.6675
=29.514

Current CPI (Dec. 2023) = 123.6675.

adidas AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 22.363 99.543 27.783
201406 22.080 99.543 27.431
201409 24.909 99.823 30.859
201412 21.456 99.543 26.656
201503 21.645 99.717 26.844
201506 20.959 100.417 25.812
201509 25.524 100.417 31.434
201512 22.675 99.717 28.121
201603 25.743 100.017 31.830
201606 23.022 100.717 28.268
201609 28.471 101.017 34.855
201612 23.082 101.217 28.202
201703 28.519 101.417 34.776
201706 27.945 102.117 33.842
201709 33.060 102.717 39.803
201712 29.245 102.617 35.244
201803 33.445 102.917 40.188
201806 30.265 104.017 35.982
201809 34.057 104.718 40.220
201812 29.855 104.217 35.427
201903 33.448 104.217 39.690
201906 31.417 105.718 36.751
201909 35.734 106.018 41.683
201912 33.089 105.818 38.671
202003 24.985 105.718 29.227
202006 19.322 106.618 22.412
202009 33.652 105.818 39.329
202012 32.035 105.518 37.545
202103 32.144 107.518 36.972
202106 31.278 108.486 35.655
202109 34.822 109.435 39.351
202112 30.194 110.384 33.828
202203 30.892 113.968 33.521
202206 32.193 115.760 34.392
202209 34.923 118.818 36.348
202212 30.895 119.345 32.014
202303 31.853 122.402 32.182
202306 32.389 123.140 32.528
202309 35.843 124.195 35.691
202312 29.514 123.668 29.514

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


adidas AG  (OTCPK:ADDDF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=245.10/130
=1.89

* 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 adidas AG was 3.56. The lowest was 0.91. And the median was 2.51.


Be Aware

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


adidas AG Cyclically Adjusted Revenue per Share Related Terms

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


adidas AG (adidas AG) Business Description

Address
Adi-Dassler-Strasse 1, Herzogenaurach, BY, DEU, 91074
Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through nearly 2,000 owned retail stores, 15,000 mono-branded franchise stores, 150,000 wholesale doors, and owned e-commerce that is available in 65 countries. The company was founded in 1949 in Germany.

adidas AG (adidas AG) Headlines

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