GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cumulus Media Inc (FRA:1NM) » Definitions » Cyclically Adjusted Revenue per Share

Cumulus Media (FRA:1NM) Cyclically Adjusted Revenue per Share : €48.76 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Cumulus Media 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.

Cumulus Media's adjusted revenue per share for the three months ended in Mar. 2024 was €11.031. 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 €48.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cumulus Media's average Cyclically Adjusted Revenue Growth Rate was -0.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% 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 Cumulus Media was 2.60% per year. The lowest was -2.50% per year. And the median was -0.20% per year.

As of today (2024-05-17), Cumulus Media's current stock price is €2.52. Cumulus Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €48.76. Cumulus Media's Cyclically Adjusted PS Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cumulus Media was 0.38. The lowest was 0.05. And the median was 0.19.


Cumulus Media Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cumulus Media'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.

Cumulus Media Cyclically Adjusted Revenue per Share Chart

Cumulus Media 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 43.19 39.15 42.34 50.62 47.41

Cumulus Media 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 46.71 45.23 46.68 47.41 48.76

Competitive Comparison of Cumulus Media's Cyclically Adjusted Revenue per Share

For the Broadcasting subindustry, Cumulus Media'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.


Cumulus Media's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cumulus Media's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cumulus Media 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, Cumulus Media'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)
=11.031/131.7762*131.7762
=11.031

Current CPI (Mar. 2024) = 131.7762.

Cumulus Media Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.437 100.560 11.056
201409 8.355 100.428 10.963
201412 9.190 99.070 12.224
201503 8.595 99.621 11.369
201506 9.138 100.684 11.960
201509 8.833 100.392 11.594
201512 9.705 99.792 12.815
201603 8.242 100.470 10.810
201606 8.713 101.688 11.291
201609 8.709 101.861 11.267
201612 9.700 101.863 12.549
201703 8.424 102.862 10.792
201706 8.823 103.349 11.250
201709 8.223 104.136 10.406
201712 8.473 104.011 10.735
201803 7.297 105.290 9.133
201806 0.000 106.317 0.000
201809 12.052 106.507 14.911
201812 0.000 105.998 0.000
201903 11.714 107.251 14.393
201906 12.182 108.070 14.854
201909 12.612 108.329 15.342
201912 12.602 108.420 15.317
202003 10.198 108.902 12.340
202006 6.377 108.767 7.726
202009 8.197 109.815 9.836
202012 9.923 109.897 11.899
202103 8.299 111.754 9.786
202106 9.109 114.631 10.471
202109 9.753 115.734 11.105
202112 10.001 117.630 11.204
202203 10.214 121.301 11.096
202206 10.888 125.017 11.477
202209 12.474 125.227 13.126
202212 12.231 125.222 12.871
202303 10.506 127.348 10.871
202306 10.870 128.729 11.127
202309 11.777 129.860 11.951
202312 12.299 129.419 12.523
202403 11.031 131.776 11.031

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


Cumulus Media  (FRA:1NM) 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.

Cumulus Media's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.52/48.76
=0.05

* 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 Cumulus Media was 0.38. The lowest was 0.05. And the median was 0.19.


Be Aware

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


Cumulus Media Cyclically Adjusted Revenue per Share Related Terms

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


Cumulus Media (FRA:1NM) Business Description

Traded in Other Exchanges
Address
780 Johnson Ferry Road NE, Suite 500, Atlanta, GA, USA, 30342
Cumulus Media Inc is a radio broadcasting company combining high-quality local programming with iconic, nationally syndicated media, sports, and entertainment brands to deliver premium content choices to its customers and radio stations affiliated with Westwood One network and numerous digital channels. The company's revenue is derived mainly from the sale of local, regional, and national advertising which is broadcast on its radio stations.

Cumulus Media (FRA:1NM) Headlines

No Headlines