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Warsaw Stock Exchange (WAR:GPW) Cyclically Adjusted Revenue per Share : zł17.92 (As of Mar. 2024)


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What is Warsaw Stock Exchange 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.

Warsaw Stock Exchange's adjusted revenue per share for the three months ended in Mar. 2024 was zł4.345. 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 zł17.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Warsaw Stock Exchange's average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.20% 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 Warsaw Stock Exchange was 15.40% per year. The lowest was 14.20% per year. And the median was 14.80% per year.

As of today (2024-06-06), Warsaw Stock Exchange's current stock price is zł46.50. Warsaw Stock Exchange's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was zł17.92. Warsaw Stock Exchange's Cyclically Adjusted PS Ratio of today is 2.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Warsaw Stock Exchange was 4.13. The lowest was 1.95. And the median was 3.18.


Warsaw Stock Exchange Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Warsaw Stock Exchange'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.

Warsaw Stock Exchange Cyclically Adjusted Revenue per Share Chart

Warsaw Stock Exchange 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 10.84 11.94 13.74 16.65 17.80

Warsaw Stock Exchange 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 17.46 17.65 17.56 17.80 17.92

Competitive Comparison of Warsaw Stock Exchange's Cyclically Adjusted Revenue per Share

For the Financial Data & Stock Exchanges subindustry, Warsaw Stock Exchange'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.


Warsaw Stock Exchange's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Warsaw Stock Exchange 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, Warsaw Stock Exchange'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)
=4.345/149.0435*149.0435
=4.345

Current CPI (Mar. 2024) = 149.0435.

Warsaw Stock Exchange Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.549 101.180 3.755
201409 2.867 100.611 4.247
201412 3.090 100.122 4.600
201503 3.242 100.041 4.830
201506 2.838 100.448 4.211
201509 2.895 99.634 4.331
201512 3.082 99.471 4.618
201603 2.980 98.983 4.487
201606 2.738 99.552 4.099
201609 2.709 99.064 4.076
201612 3.005 100.366 4.462
201703 3.348 101.018 4.940
201706 3.223 101.180 4.748
201709 2.983 101.343 4.387
201712 3.389 102.564 4.925
201803 3.160 102.564 4.592
201806 3.186 103.378 4.593
201809 3.153 103.378 4.546
201812 3.253 103.785 4.672
201903 3.094 104.274 4.422
201906 3.277 105.983 4.608
201909 3.034 105.983 4.267
201912 2.951 107.123 4.106
202003 3.574 109.076 4.884
202006 3.727 109.402 5.077
202009 3.271 109.320 4.460
202012 4.277 109.565 5.818
202103 4.101 112.658 5.426
202106 3.608 113.960 4.719
202109 3.332 115.588 4.296
202112 3.953 119.088 4.947
202203 4.053 125.031 4.831
202206 3.642 131.705 4.121
202209 3.252 135.531 3.576
202212 3.364 139.113 3.604
202303 4.128 145.950 4.215
202306 4.069 147.009 4.125
202309 3.900 146.113 3.978
202312 4.261 147.741 4.299
202403 4.345 149.044 4.345

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


Warsaw Stock Exchange  (WAR:GPW) 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.

Warsaw Stock Exchange's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=46.50/17.92
=2.59

* 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 Warsaw Stock Exchange was 4.13. The lowest was 1.95. And the median was 3.18.


Be Aware

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


Warsaw Stock Exchange Cyclically Adjusted Revenue per Share Related Terms

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


Warsaw Stock Exchange (WAR:GPW) Business Description

Industry
Traded in Other Exchanges
Address
ul. Ksiazeca 4, Warsaw, POL, 00-498
Warsaw Stock Exchange is a securities exchange based in Poland whose core activities include organizing exchange trading in financial instruments and activities related to such trading. The group also pursues activities in education, promotion, and information concerning the capital market. The company has traditionally generated listed interest from both local and regional European companies but primarily from small and medium-sized Polish companies. In addition to stock and bond offerings, the exchange also offers trading in debt instruments, derivatives, commodities, and structured products. Sales revenue is classified according to three main business segments: financial market, commodity market, and other.

Warsaw Stock Exchange (WAR:GPW) Headlines

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