GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MetLife Inc (NYSE:MET) » Definitions » Cyclically Adjusted Revenue per Share

MetLife (MetLife) Cyclically Adjusted Revenue per Share : $81.25 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is MetLife 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.

MetLife's adjusted revenue per share for the three months ended in Dec. 2023 was $25.606. 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 $81.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, MetLife's average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.90% 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 MetLife was 5.80% per year. The lowest was -1.20% per year. And the median was 1.90% per year.

As of today (2024-04-27), MetLife's current stock price is $70.42. MetLife's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $81.25. MetLife's Cyclically Adjusted PS Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MetLife was 0.99. The lowest was 0.36. And the median was 0.72.


MetLife Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for MetLife'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.

MetLife Cyclically Adjusted Revenue per Share Chart

MetLife 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 67.38 68.57 72.93 77.89 81.25

MetLife 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 77.89 79.11 80.24 81.09 81.25

Competitive Comparison of MetLife's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, MetLife'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.


MetLife's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, MetLife's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MetLife 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, MetLife'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)
=25.606/129.4194*129.4194
=25.606

Current CPI (Dec. 2023) = 129.4194.

MetLife Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 14.981 99.695 19.448
201406 15.991 100.560 20.580
201409 16.516 100.428 21.284
201412 16.662 99.070 21.766
201503 16.474 99.621 21.402
201506 14.327 100.684 18.416
201509 15.957 100.392 20.571
201512 7.525 99.792 9.759
201603 16.627 100.470 21.418
201606 13.744 101.688 17.492
201609 14.273 101.861 18.135
201612 11.592 101.863 14.728
201703 13.620 102.862 17.136
201706 14.170 103.349 17.744
201709 15.092 104.136 18.756
201712 14.915 104.011 18.559
201803 14.176 105.290 17.425
201806 20.693 106.317 25.190
201809 16.278 106.507 19.780
201812 15.865 105.998 19.371
201903 16.923 107.251 20.421
201906 18.362 108.070 21.990
201909 19.640 108.329 23.464
201912 18.321 108.420 21.869
202003 19.527 108.902 23.206
202006 16.072 108.767 19.124
202009 16.918 109.815 19.938
202012 20.600 109.897 24.259
202103 15.951 111.754 18.472
202106 21.513 114.631 24.288
202109 17.815 115.734 19.922
202112 19.634 117.630 21.602
202203 17.154 121.301 18.302
202206 18.756 125.017 19.417
202209 28.080 125.227 29.020
202212 19.777 125.222 20.440
202303 19.785 127.348 20.107
202306 21.284 128.729 21.398
202309 20.727 129.860 20.657
202312 25.606 129.419 25.606

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


MetLife  (NYSE:MET) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=70.42/81.25
=0.87

* 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 MetLife was 0.99. The lowest was 0.36. And the median was 0.72.


Be Aware

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


MetLife Cyclically Adjusted Revenue per Share Related Terms

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


MetLife (MetLife) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MetLife Inc (NYSE:MET) » Definitions » Cyclically Adjusted Revenue per Share
Address
200 Park Avenue, New York, NY, USA, 10166-0188
MetLife is one of the largest life insurers in the U.S. by assets and provides a variety of insurance and financial services products. The company is organized into five segments: U.S., Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 41% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 28% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 6% of earnings. The EMEA and the MetLife segments contribute around 5% and 20% of earnings, respectively.
Executives
Marlene Debel officer: EVP & Chief Risk Officer METLIFE, INC., 200 PARK AVENUE, NEW YORK NY 10166
Jeh C. Johnson director 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
Bill Pappas officer: EVP, Global Tech. & Ops. METLIFE, INC., 200 PARK AVENUE, NEW YORK NY 10166
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Susan M Podlogar officer: EVP & Chief HR Officer 200 PARK AVENUE, NEW YORK NY 10166
Steven J Goulart officer: EVP & Chief Investment Officer 200 PARK AVENUE, NEW YORK NY 10166
Michel Khalaf director, officer: President & CEO 200 PARK AVENUE, NEW YORK NY 10166
Carla A Harris director 702 SW 8TH STREET, BENTONVILLE AR 72716
William E Kennard director METLIFE, INC., 200 PARK AVENUE, NEW YORK NY 10166
Catherine R Kinney director C/O QTS REALTY TRUST INC., 12851 FOSTER STREET, OVERLAND PARK KS 66213
Cheryl W Grise director NORTHEAST UTILITIES, 107 SELDEN STREET, BERLIN CT 06037
Gerald L Hassell director
Mark A Weinberger director METLIFE, INC., 200 PARK AVENUE, NEW YORK NY 10166
David L Herzog director 180 MAIDEN LANE, NEW YORK NY 10038
Denise M Morrison director METLIFE, 200 PARK AVENUE, NEW YORK NY 10166