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Google (GOOGL) Cyclically Adjusted Revenue per Share : $17.34 (As of Mar. 2025)


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What is Alphabet(Google) 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.

Alphabet(Google)'s adjusted revenue per share for the three months ended in Mar. 2025 was $7.341. 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 $17.34 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Alphabet(Google)'s average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 20.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 22.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 21.40% 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 Alphabet(Google) was 24.20% per year. The lowest was 19.80% per year. And the median was 20.70% per year.

As of today (2025-04-26), Alphabet(Google)'s current stock price is $161.96. Alphabet(Google)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $17.34. Alphabet(Google)'s Cyclically Adjusted PS Ratio of today is 9.34.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Alphabet(Google) was 17.29. The lowest was 7.46. And the median was 11.60.


Alphabet(Google) Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Alphabet(Google)'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.

Alphabet(Google) Cyclically Adjusted Revenue per Share Chart

Alphabet(Google) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.31 9.41 11.70 14.01 16.56

Alphabet(Google) Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 14.72 15.33 15.94 16.56 17.34

Competitive Comparison of Alphabet(Google)'s Cyclically Adjusted Revenue per Share

For the Internet Content & Information subindustry, Alphabet(Google)'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.


Alphabet(Google)'s Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Alphabet(Google)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Alphabet(Google)'s Cyclically Adjusted PS Ratio falls into.


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Alphabet(Google) 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, Alphabet(Google)'s adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.341/134.9266*134.9266
=7.341

Current CPI (Mar. 2025) = 134.9266.

Alphabet(Google) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.283 100.684 1.719
201509 1.345 100.392 1.808
201512 1.530 99.792 2.069
201603 1.448 100.470 1.945
201606 1.543 101.688 2.047
201609 1.607 101.861 2.129
201612 1.861 101.863 2.465
201703 1.763 102.862 2.313
201706 1.849 103.349 2.414
201709 1.973 104.136 2.556
201712 2.292 104.011 2.973
201803 2.209 105.290 2.831
201806 2.322 106.317 2.947
201809 2.397 106.507 3.037
201812 2.802 105.998 3.567
201903 2.592 107.251 3.261
201906 2.782 108.070 3.473
201909 2.900 108.329 3.612
201912 3.314 108.420 4.124
202003 2.973 108.902 3.683
202006 2.787 108.767 3.457
202009 3.366 109.815 4.136
202012 4.165 109.897 5.114
202103 4.055 111.754 4.896
202106 4.553 114.631 5.359
202109 4.813 115.734 5.611
202112 5.601 117.630 6.425
202203 5.094 121.301 5.666
202206 4.913 125.017 5.302
202209 5.265 125.227 5.673
202212 5.891 125.222 6.348
202303 5.092 127.348 5.395
202306 5.845 128.729 6.126
202309 6.041 129.860 6.277
202312 6.847 129.419 7.138
202403 6.012 131.776 6.156
202406 6.782 132.554 6.903
202409 7.107 133.029 7.208
202412 7.813 133.157 7.917
202503 7.341 134.927 7.341

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


Alphabet(Google)  (NAS:GOOGL) 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.

Alphabet(Google)'s Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=161.96/17.34
=9.34

* 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 Alphabet(Google) was 17.29. The lowest was 7.46. And the median was 11.60.


Be Aware

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


Alphabet(Google) Cyclically Adjusted Revenue per Share Related Terms

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


Alphabet(Google) Business Description

Address
1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043
Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform, or GCP, accounts for roughly 10% of Alphabet's revenue with the firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.
Executives
Sundar Pichai officer: CEO, Google Inc. GOOGLE INC., 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
John L Hennessy director
Amie Thuener O'toole officer: VP, Chief Accounting Officer C/O ALPHABET INC., 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Frances Arnold director 5200 ILLUMINA WAY, SAN DIEGO CA 92122
John Kent Walker officer: SVP, Global Affairs and CLO 1600 AMPHITHEATRE PRKW, MOUNTAIN VIEW CA 94043
Ruth Porat officer: SVP, Chief Financial Officer C/O GOOGLE INC., 1600 AMPHITHEATRE PRKW, MOUNTAIN VIEW CA 94043
Kavitark Ram Shriram director 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Prabhakar Raghavan officer: Senior Vice President C/O ALPHABET INC.,, 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
R. Martin Chavez director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Philipp Schindler officer: SVP, Chief Business Officer C/O ALPHABET INC., 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94568
Robin L Washington director 333 LAKESIDE DRIVE, FOSTER CITY CA 94404
Antonio Lee 10 percent owner, other: Investor/Large Shareholder 4009 216TH STREET, MATTESON IL 60443
Ferguson Roger W. Jr. director CORNING INCORPORATED, ONE RIVERFRONT PLAZA, CORNING NY 14831
James Grier Campbell officer: VP, Alphabet Corp. Controller 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Alan R Mulally director P.O. BOX 995, MERCER ISLAND WA 98040