GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (MIL:SRG) » Definitions » Cyclically Adjusted Revenue per Share

Snam SpA (MIL:SRG) Cyclically Adjusted Revenue per Share : €1.01 (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Snam SpA 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.

Snam SpA's adjusted revenue per share for the three months ended in Dec. 2023 was €0.341. 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 €1.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Snam SpA's average Cyclically Adjusted Revenue Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.50% 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 Snam SpA was 3.50% per year. The lowest was -2.10% per year. And the median was 0.85% per year.

As of today (2024-05-22), Snam SpA's current stock price is €4.474. Snam SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €1.01. Snam SpA's Cyclically Adjusted PS Ratio of today is 4.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Snam SpA was 5.76. The lowest was 3.56. And the median was 4.72.


Snam SpA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Snam SpA'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.

Snam SpA Cyclically Adjusted Revenue per Share Chart

Snam SpA 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 0.94 0.91 0.93 1.02 1.01

Snam SpA 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 1.01 1.02 1.02 1.01 -

Competitive Comparison of Snam SpA's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Gas subindustry, Snam SpA'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.


Snam SpA's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Snam SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Snam SpA 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, Snam SpA's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.341/119.7000*119.7000
=0.341

Current CPI (Dec. 2023) = 119.7000.

Snam SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.288 99.907 0.345
201406 0.277 100.093 0.331
201409 0.277 99.814 0.332
201412 0.287 99.721 0.345
201503 0.279 99.814 0.335
201506 0.271 100.279 0.323
201509 0.260 100.000 0.311
201512 -0.065 99.814 -0.078
201603 0.171 99.600 0.206
201606 0.173 99.900 0.207
201609 0.246 100.100 0.294
201612 -0.027 100.300 -0.032
201703 0.182 101.000 0.216
201706 0.187 101.100 0.221
201709 0.184 101.200 0.218
201712 0.187 101.200 0.221
201803 0.186 101.800 0.219
201806 0.190 102.400 0.222
201809 0.194 102.600 0.226
201812 0.203 102.300 0.238
201903 0.194 102.800 0.226
201906 0.210 103.100 0.244
201909 0.189 102.900 0.220
201912 0.216 102.800 0.252
202003 0.211 102.900 0.245
202006 0.199 102.900 0.231
202009 0.211 102.300 0.247
202012 0.220 102.600 0.257
202103 0.219 103.700 0.253
202106 0.246 104.200 0.283
202109 0.248 104.900 0.283
202112 0.291 106.600 0.327
202203 0.256 110.400 0.278
202206 0.249 112.500 0.265
202209 0.261 114.200 0.274
202212 0.283 119.000 0.285
202303 0.292 118.800 0.294
202306 0.326 119.700 0.326
202309 0.320 120.300 0.318
202312 0.341 119.700 0.341

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


Snam SpA  (MIL:SRG) 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.

Snam SpA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.474/1.01
=4.43

* 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 Snam SpA was 5.76. The lowest was 3.56. And the median was 4.72.


Be Aware

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


Snam SpA Cyclically Adjusted Revenue per Share Related Terms

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


Snam SpA (MIL:SRG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (MIL:SRG) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097
Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 6.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.

Snam SpA (MIL:SRG) Headlines

From GuruFocus

Seritage Growth Properties Makes $110 Million Loan Prepayment

By Business Wire Business Wire 10-31-2022

Monish Pabrai Slims Seritage Growth Properties Stake

By Praveen Chawla 01-11-2022

SRG 2022 Year End Business Update

By Business Wire Business Wire 02-02-2023

Seritage Growth Properties Announces Termination of REIT Election

By Business Wire Business Wire 03-31-2022

Seritage Growth Properties Makes $200 Million Loan Prepayment

By Business Wire Business Wire 05-30-2023