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CBIZ (FRA:XC4) Cyclically Adjusted Revenue per Share : €20.84 (As of Mar. 2024)


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What is CBIZ 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.

CBIZ's adjusted revenue per share for the three months ended in Mar. 2024 was €9.055. 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 €20.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CBIZ's average Cyclically Adjusted Revenue Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% 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 CBIZ was 11.20% per year. The lowest was 3.80% per year. And the median was 6.75% per year.

As of today (2024-05-20), CBIZ's current stock price is €71.00. CBIZ's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €20.84. CBIZ's Cyclically Adjusted PS Ratio of today is 3.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CBIZ was 3.59. The lowest was 0.60. And the median was 1.37.


CBIZ Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CBIZ'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.

CBIZ Cyclically Adjusted Revenue per Share Chart

CBIZ 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 13.74 12.79 15.80 18.62 19.73

CBIZ 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 18.59 19.17 20.69 19.73 20.84

Competitive Comparison of CBIZ's Cyclically Adjusted Revenue per Share

For the Specialty Business Services subindustry, CBIZ'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.


CBIZ's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CBIZ's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CBIZ 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, CBIZ'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)
=9.055/131.7762*131.7762
=9.055

Current CPI (Mar. 2024) = 131.7762.

CBIZ Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.509 100.560 3.288
201409 2.732 100.428 3.585
201412 2.471 99.070 3.287
201503 3.846 99.621 5.087
201506 3.169 100.684 4.148
201509 3.062 100.392 4.019
201512 2.799 99.792 3.696
201603 3.818 100.470 5.008
201606 3.303 101.688 4.280
201609 3.306 101.861 4.277
201612 3.133 101.863 4.053
201703 4.089 102.862 5.238
201706 3.364 103.349 4.289
201709 3.122 104.136 3.951
201712 2.953 104.011 3.741
201803 3.859 105.290 4.830
201806 3.529 106.317 4.374
201809 3.387 106.507 4.191
201812 3.082 105.998 3.832
201903 4.273 107.251 5.250
201906 3.756 108.070 4.580
201909 3.901 108.329 4.745
201912 3.250 108.420 3.950
202003 4.488 108.902 5.431
202006 3.817 108.767 4.624
202009 3.656 109.815 4.387
202012 3.154 109.897 3.782
202103 4.641 111.754 5.472
202106 4.301 114.631 4.944
202109 4.515 115.734 5.141
202112 4.017 117.630 4.500
202203 6.717 121.301 7.297
202206 6.518 125.017 6.870
202209 7.024 125.227 7.391
202212 5.420 125.222 5.704
202303 8.365 127.348 8.656
202306 7.300 128.729 7.473
202309 7.637 129.860 7.750
202312 5.972 129.419 6.081
202403 9.055 131.776 9.055

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


CBIZ  (FRA:XC4) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=71.00/20.84
=3.41

* 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 CBIZ was 3.59. The lowest was 0.60. And the median was 1.37.


Be Aware

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


CBIZ Cyclically Adjusted Revenue per Share Related Terms

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


CBIZ (FRA:XC4) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CBIZ Inc (FRA:XC4) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
6801 Brecksville Road, Door N., Independence, OH, USA, 44131
CBIZ Inc through its subsidiaries provides professional business services. Its business units have been aggregated into three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The company provides its services to various industries such as Agribusiness, Agribusiness, SAAS, Construction, Health Care, Oil and Gas, Real Estate, Retail, Financial Institutions, and Government among others. It derives the majority of its revenues from the Financial Services segment and geographically from the United States.

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