GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Danaher Corp (XTER:DAP) » Definitions » Cyclically Adjusted Revenue per Share

Danaher (XTER:DAP) Cyclically Adjusted Revenue per Share : €29.20 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Danaher 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.

Danaher's adjusted revenue per share for the three months ended in Mar. 2024 was €7.123. 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 €29.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Danaher's average Cyclically Adjusted Revenue Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 Danaher was 15.70% per year. The lowest was 3.40% per year. And the median was 10.70% per year.

As of today (2024-05-01), Danaher's current stock price is €230.75. Danaher's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €29.20. Danaher's Cyclically Adjusted PS Ratio of today is 7.90.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Danaher was 10.50. The lowest was 2.25. And the median was 3.87.


Danaher Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Danaher'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.

Danaher Cyclically Adjusted Revenue per Share Chart

Danaher 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 22.37 21.66 25.10 28.94 28.74

Danaher 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 28.90 29.23 30.59 28.74 29.20

Competitive Comparison of Danaher's Cyclically Adjusted Revenue per Share

For the Diagnostics & Research subindustry, Danaher'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.


Danaher's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Danaher's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Danaher 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, Danaher'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)
=7.123/129.4194*129.4194
=7.123

Current CPI (Mar. 2024) = 129.4194.

Danaher Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.105 100.560 6.570
201409 5.100 100.428 6.572
201412 -1.201 99.070 -1.569
201503 6.036 99.621 7.841
201506 6.142 100.684 7.895
201509 4.479 100.392 5.774
201512 5.693 99.792 7.383
201603 5.055 100.470 6.512
201606 5.402 101.688 6.875
201609 5.250 101.861 6.670
201612 6.192 101.863 7.867
201703 5.572 102.862 7.011
201706 5.690 103.349 7.125
201709 5.384 104.136 6.691
201712 2.715 104.011 3.378
201803 5.367 105.290 6.597
201806 6.009 106.317 7.315
201809 5.853 106.507 7.112
201812 3.114 105.998 3.802
201903 5.198 107.251 6.272
201906 5.404 108.070 6.472
201909 5.451 108.329 6.512
201912 6.032 108.420 7.200
202003 5.552 108.902 6.598
202006 6.549 108.767 7.792
202009 6.897 109.815 8.128
202012 7.671 109.897 9.034
202103 7.837 111.754 9.076
202106 8.140 114.631 9.190
202109 8.452 115.734 9.451
202112 4.194 117.630 4.614
202203 9.463 121.301 10.096
202206 9.963 125.017 10.314
202209 10.496 125.227 10.847
202212 4.533 125.222 4.685
202303 7.537 127.348 7.660
202306 8.871 128.729 8.919
202309 8.634 129.860 8.605
202312 3.310 129.419 3.310
202403 7.123 129.419 7.123

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


Danaher  (XTER:DAP) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=230.75/29.2
=7.90

* 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 Danaher was 10.50. The lowest was 2.25. And the median was 3.87.


Be Aware

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


Danaher Cyclically Adjusted Revenue per Share Related Terms

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


Danaher (XTER:DAP) Business Description

Industry
Address
2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, USA, 20037-1701
In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Through a series of mergers, acquisitions, and divestitures, Danaher now focuses primarily on manufacturing scientific instruments and consumables in two segments--life sciences and diagnostics--after the late 2023 divesititure of its environmental and applied solutions group, Veralto.

Danaher (XTER:DAP) Headlines

No Headlines