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CME Group (BSP:CHME34) Cyclically Adjusted Revenue per Share : R$18.96 (As of Mar. 2024)


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What is CME Group 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.

CME Group's adjusted revenue per share for the three months ended in Mar. 2024 was R$5.148. 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 R$18.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CME Group's average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% 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 CME Group was 9.30% per year. The lowest was 4.50% per year. And the median was 6.00% per year.

As of today (2024-05-26), CME Group's current stock price is R$270.00. CME Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$18.96. CME Group's Cyclically Adjusted PS Ratio of today is 14.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CME Group was 20.54. The lowest was 7.88. And the median was 14.17.


CME Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CME Group'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.

CME Group Cyclically Adjusted Revenue per Share Chart

CME Group 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 11.39 14.71 17.32 17.82 17.77

CME Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.47 16.99 18.16 17.77 18.96

Competitive Comparison of CME Group's Cyclically Adjusted Revenue per Share

For the Financial Data & Stock Exchanges subindustry, CME Group'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.


CME Group's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CME Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CME Group 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, CME Group's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.148/131.7762*131.7762
=5.148

Current CPI (Mar. 2024) = 131.7762.

CME Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.218 100.560 1.596
201409 1.326 100.428 1.740
201412 1.649 99.070 2.193
201503 1.961 99.621 2.594
201506 1.888 100.684 2.471
201509 2.454 100.392 3.221
201512 2.335 99.792 3.083
201603 2.551 100.470 3.346
201606 2.290 101.688 2.968
201609 2.018 101.861 2.611
201612 2.256 101.863 2.919
201703 2.137 102.862 2.738
201706 2.240 103.349 2.856
201709 2.050 104.136 2.594
201712 2.177 104.011 2.758
201803 2.668 105.290 3.339
201806 2.931 106.317 3.633
201809 2.723 106.507 3.369
201812 3.408 105.998 4.237
201903 3.163 107.251 3.886
201906 3.425 108.070 4.176
201909 3.671 108.329 4.466
201912 3.260 108.420 3.962
202003 5.187 108.902 6.277
202006 4.278 108.767 5.183
202009 4.069 109.815 4.883
202012 3.940 109.897 4.724
202103 4.921 111.754 5.803
202106 4.131 114.631 4.749
202109 4.080 115.734 4.646
202112 4.518 117.630 5.061
202203 4.664 121.301 5.067
202206 4.346 125.017 4.581
202209 4.480 125.227 4.714
202212 4.411 125.222 4.642
202303 5.224 127.348 5.406
202306 4.592 128.729 4.701
202309 4.593 129.860 4.661
202312 4.902 129.419 4.991
202403 5.148 131.776 5.148

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


CME Group  (BSP:CHME34) 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.

CME Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=270.00/18.96
=14.24

* 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 CME Group was 20.54. The lowest was 7.88. And the median was 14.17.


Be Aware

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


CME Group Cyclically Adjusted Revenue per Share Related Terms

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


CME Group (BSP:CHME34) Business Description

Industry
Traded in Other Exchanges
Address
20 South Wacker Drive, Chicago, IL, USA, 60606
Based in Chicago, CME Group operates exchanges giving investors, suppliers, and businesses the ability to trade futures and derivatives based on interest rates, equity indexes, foreign currencies, energy, metals, and commodities. The CME was founded in 1898 and in 2002 completed its initial public offering. Since then, CME Group has consolidated parts of the industry by merging with crosstown rival, CBOT Holdings in 2007 before acquiring Nymex Holdings in 2008 and NEX in 2018. In addition, the company has a 27% stake in S&P Dow Jones Indices, making the Chicago Mercantile Exchange the exclusive venue to trade and clear S&P futures contracts. Through CME's acquisition of NEX in 2018 it has also expanded into cash foreign exchange, fixed income trading, and collateral optimization.

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