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NetApp (NetApp) Cyclically Adjusted Revenue per Share : $27.55 (As of Jan. 2024)


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What is NetApp 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.

NetApp's adjusted revenue per share for the three months ended in Jan. 2024 was $7.611. 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 $27.55 for the trailing ten years ended in Jan. 2024.

During the past 12 months, NetApp's average Cyclically Adjusted Revenue Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.40% 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 NetApp was 25.80% per year. The lowest was 7.80% per year. And the median was 12.40% per year.

As of today (2024-05-23), NetApp's current stock price is $114.04. NetApp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $27.55. NetApp's Cyclically Adjusted PS Ratio of today is 4.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NetApp was 4.81. The lowest was 1.52. And the median was 2.96.


NetApp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for NetApp'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.

NetApp Cyclically Adjusted Revenue per Share Chart

NetApp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.25 20.32 22.19 24.80 26.69

NetApp Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 26.21 26.69 27.01 27.34 27.55

Competitive Comparison of NetApp's Cyclically Adjusted Revenue per Share

For the Computer Hardware subindustry, NetApp'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.


NetApp's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, NetApp's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



NetApp 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, NetApp's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=7.611/130.1244*130.1244
=7.611

Current CPI (Jan. 2024) = 130.1244.

NetApp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 4.894 100.023 6.367
201407 4.526 100.520 5.859
201410 4.777 100.176 6.205
201501 4.893 98.604 6.457
201504 4.889 99.824 6.373
201507 4.391 100.691 5.675
201510 4.882 100.346 6.331
201601 4.682 99.957 6.095
201604 4.792 100.947 6.177
201607 4.589 101.524 5.882
201610 4.718 101.988 6.020
201701 4.996 102.456 6.345
201704 5.227 103.167 6.593
201707 4.752 103.278 5.987
201710 5.145 104.070 6.433
201801 5.743 104.578 7.146
201804 5.535 105.708 6.813
201807 5.480 106.324 6.707
201810 5.746 106.695 7.008
201901 6.129 106.200 7.510
201904 6.445 107.818 7.778
201907 5.086 108.250 6.114
201910 5.809 108.577 6.962
202001 6.131 108.841 7.330
202004 6.254 108.173 7.523
202007 5.869 109.318 6.986
202010 6.321 109.861 7.487
202101 6.476 110.364 7.635
202104 6.790 112.673 7.842
202107 6.367 115.183 7.193
202110 6.838 116.696 7.625
202201 7.048 118.619 7.732
202204 7.336 121.978 7.826
202207 7.107 125.002 7.398
202210 7.559 125.734 7.823
202301 6.968 126.223 7.183
202304 7.286 127.992 7.407
202307 6.630 128.974 6.689
202310 7.403 129.810 7.421
202401 7.611 130.124 7.611

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


NetApp  (NAS:NTAP) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=114.04/27.55
=4.14

* 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 NetApp was 4.81. The lowest was 1.52. And the median was 2.96.


Be Aware

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


NetApp Cyclically Adjusted Revenue per Share Related Terms

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


NetApp (NetApp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NetApp Inc (NAS:NTAP) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
3060 Olsen Drive, San Jose, CA, USA, 95128
NetApp Inc is a leading provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.
Executives
Michael J Berry officer: EVP Finance & Operations, CFO C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
Elizabeth M O'callahan officer: EVP, GC and Secretary NETAPP, INC, 3060 OLSEN DRIVE, SAN JOSE CA 95128
Cesar Cernuda officer: President 1395 CROSSMAN AVENUE, SUNNYVALE CA 94089
George Kurian director, officer: Chief Executive Officer C/O NETAPP, 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Thomas Michael Nevens director C/O BORLAND SOFTWARE CORPORATION, 20450 STEVENS CREEK BLVD, SUITE 800, CUPERTINO CA 95014
Gerald Held director
Robert Parks officer: Chief Accounting Officer C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560
Carrie Palin director 1801 CALIFORNIA STREET, SUITE 500, DENVER CO 80202
Deepak Ahuja director C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Kathryn Hill director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Scott F. Schenkel director C/O EBAY INC., 2025 HAMILTON AVE., SAN JOSE CA 95125
George T Shaheen director
Deborah Kerr director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Harvinder S Bhela officer: EVP, Chief Product Officer NETAPP, INC, 3060 OLSEN DRIVE, SAN JOSE CA 95128
Matthew K Fawcett officer: Senior VP, General Counsel 495 EAST JAVA DRIVE, SUNNYVALE CA 94089

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