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adidas AG (adidas AG) Cyclically Adjusted Revenue per Share : $65.09 (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 $14.757. 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 $65.09 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 (2024-04-28), adidas AG's current stock price is $123.82. adidas AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $65.09. adidas AG's Cyclically Adjusted PS Ratio of today is 1.90.

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 49.40 55.69 56.05 58.65 65.09

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 58.65 61.81 63.29 61.95 65.09

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)
=14.757/123.6675*123.6675
=14.757

Current CPI (Dec. 2023) = 123.6675.

adidas AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.182 99.543 13.892
201406 11.040 99.543 13.716
201409 12.454 99.823 15.429
201412 10.728 99.543 13.328
201503 10.822 99.717 13.421
201506 10.480 100.417 12.907
201509 12.762 100.417 15.717
201512 11.338 99.717 14.061
201603 12.872 100.017 15.916
201606 11.511 100.717 14.134
201609 14.236 101.017 17.428
201612 11.541 101.217 14.101
201703 14.260 101.417 17.389
201706 13.973 102.117 16.922
201709 16.530 102.717 19.901
201712 14.622 102.617 17.621
201803 16.722 102.917 20.094
201806 15.132 104.017 17.991
201809 17.028 104.718 20.109
201812 14.927 104.217 17.713
201903 16.724 104.217 19.845
201906 15.709 105.718 18.376
201909 17.867 106.018 20.841
201912 16.545 105.818 19.336
202003 12.493 105.718 14.614
202006 9.661 106.618 11.206
202009 16.826 105.818 19.664
202012 16.018 105.518 18.773
202103 16.072 107.518 18.486
202106 15.639 108.486 17.828
202109 17.411 109.435 19.675
202112 15.097 110.384 16.914
202203 15.446 113.968 16.761
202206 16.096 115.760 17.195
202209 17.461 118.818 18.174
202212 15.448 119.345 16.008
202303 15.927 122.402 16.092
202306 16.195 123.140 16.264
202309 17.922 124.195 17.846
202312 14.757 123.668 14.757

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


adidas AG  (OTCPK:ADDYY) 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
=123.82/65.09
=1.90

* 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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