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Monster Beverage (HAM:MOB) Cyclically Adjusted Revenue per Share : €4.42 (As of Mar. 2024)


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What is Monster Beverage 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.

Monster Beverage's adjusted revenue per share for the three months ended in Mar. 2024 was €1.662. 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 €4.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Monster Beverage's average Cyclically Adjusted Revenue Growth Rate was 13.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 15.00% 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 Monster Beverage was 44.20% per year. The lowest was 10.10% per year. And the median was 18.55% per year.

As of today (2024-06-09), Monster Beverage's current stock price is €48.04. Monster Beverage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.42. Monster Beverage's Cyclically Adjusted PS Ratio of today is 10.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Monster Beverage was 17.95. The lowest was 8.23. And the median was 13.17.


Monster Beverage Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Monster Beverage'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.

Monster Beverage Cyclically Adjusted Revenue per Share Chart

Monster Beverage 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 2.30 2.33 3.03 3.78 4.08

Monster Beverage 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 3.73 3.99 4.28 4.08 4.42

Competitive Comparison of Monster Beverage's Cyclically Adjusted Revenue per Share

For the Beverages - Non-Alcoholic subindustry, Monster Beverage'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.


Monster Beverage's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Monster Beverage's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Monster Beverage 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, Monster Beverage'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)
=1.662/131.7762*131.7762
=1.662

Current CPI (Mar. 2024) = 131.7762.

Monster Beverage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.485 100.560 0.636
201409 0.472 100.428 0.619
201412 0.467 99.070 0.621
201503 0.555 99.621 0.734
201506 0.568 100.684 0.743
201509 0.540 100.392 0.709
201512 0.479 99.792 0.633
201603 0.492 100.470 0.645
201606 0.599 101.688 0.776
201609 0.602 101.861 0.779
201612 0.616 101.863 0.797
201703 0.596 102.862 0.764
201706 0.698 103.349 0.890
201709 0.660 104.136 0.835
201712 0.596 104.011 0.755
201803 0.601 105.290 0.752
201806 0.768 106.317 0.952
201809 0.778 106.507 0.963
201812 0.730 105.998 0.908
201903 0.763 107.251 0.937
201906 0.891 108.070 1.086
201909 0.938 108.329 1.141
201912 0.846 108.420 1.028
202003 0.889 108.902 1.076
202006 0.914 108.767 1.107
202009 0.992 109.815 1.190
202012 0.920 109.897 1.103
202103 0.976 111.754 1.151
202106 1.133 114.631 1.302
202109 1.119 115.734 1.274
202112 1.177 117.630 1.319
202203 1.287 121.301 1.398
202206 1.464 125.017 1.543
202209 1.538 125.227 1.618
202212 1.350 125.222 1.421
202303 1.498 127.348 1.550
202306 1.615 128.729 1.653
202309 1.641 129.860 1.665
202312 1.507 129.419 1.534
202403 1.662 131.776 1.662

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


Monster Beverage  (HAM:MOB) 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.

Monster Beverage's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=48.04/4.42
=10.87

* 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 Monster Beverage was 17.95. The lowest was 8.23. And the median was 13.17.


Be Aware

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


Monster Beverage Cyclically Adjusted Revenue per Share Related Terms

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


Monster Beverage (HAM:MOB) Business Description

Address
1 Monster Way, Corona, CA, USA, 92879
Monster Beverage is a leader in the energy drink subsegment of the nonalcoholic beverage market, generating two thirds of revenue in the U.S. and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to copackers and finished goods distribution to bottlers in the global Coca-Cola system (pursuant to a 20-year agreement inked in 2015). Coke is the largest shareholder of Monster with a 19.5% stake.