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Clear Channel Outdoor Holdings (Clear Channel Outdoor Holdings) Cyclically Adjusted Revenue per Share : $7.50 (As of Dec. 2023)


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What is Clear Channel Outdoor Holdings 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.

Clear Channel Outdoor Holdings's adjusted revenue per share for the three months ended in Dec. 2023 was $1.309. 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 $7.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Clear Channel Outdoor Holdings's average Cyclically Adjusted Revenue Growth Rate was -4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.90% 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 Clear Channel Outdoor Holdings was -0.80% per year. The lowest was -2.50% per year. And the median was -1.80% per year.

As of today (2024-04-27), Clear Channel Outdoor Holdings's current stock price is $1.44. Clear Channel Outdoor Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.50. Clear Channel Outdoor Holdings's Cyclically Adjusted PS Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Clear Channel Outdoor Holdings was 0.61. The lowest was 0.06. And the median was 0.22.


Clear Channel Outdoor Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Clear Channel Outdoor Holdings'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.

Clear Channel Outdoor Holdings Cyclically Adjusted Revenue per Share Chart

Clear Channel Outdoor Holdings 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 8.43 8.00 7.91 7.83 7.50

Clear Channel Outdoor Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.83 7.84 7.78 7.69 7.50

Competitive Comparison of Clear Channel Outdoor Holdings's Cyclically Adjusted Revenue per Share

For the Advertising Agencies subindustry, Clear Channel Outdoor Holdings'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.


Clear Channel Outdoor Holdings's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Clear Channel Outdoor Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Clear Channel Outdoor Holdings's Cyclically Adjusted PS Ratio falls into.



Clear Channel Outdoor Holdings 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, Clear Channel Outdoor Holdings'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)
=1.309/129.4194*129.4194
=1.309

Current CPI (Dec. 2023) = 129.4194.

Clear Channel Outdoor Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.772 99.695 2.300
201406 2.171 100.560 2.794
201409 2.071 100.428 2.669
201412 2.236 99.070 2.921
201503 1.713 99.621 2.225
201506 1.999 100.684 2.570
201509 1.936 100.392 2.496
201512 2.146 99.792 2.783
201603 1.632 100.470 2.102
201606 1.966 101.688 2.502
201609 1.857 101.861 2.359
201612 1.970 101.863 2.503
201703 1.510 102.862 1.900
201706 1.862 103.349 2.332
201709 1.784 104.136 2.217
201712 2.016 104.011 2.508
201803 1.655 105.290 2.034
201806 1.968 106.317 2.396
201809 1.834 106.507 2.229
201812 2.066 105.998 2.523
201903 1.622 107.251 1.957
201906 1.926 108.070 2.306
201909 1.411 108.329 1.686
201912 1.607 108.420 1.918
202003 1.188 108.902 1.412
202006 0.678 108.767 0.807
202009 0.963 109.815 1.135
202012 1.164 109.897 1.371
202103 0.796 111.754 0.922
202106 1.133 114.631 1.279
202109 1.271 115.734 1.421
202112 0.575 117.630 0.633
202203 1.117 121.301 1.192
202206 1.354 125.017 1.402
202209 1.058 125.227 1.093
202212 1.181 125.222 1.221
202303 1.140 127.348 1.159
202306 1.321 128.729 1.328
202309 1.091 129.860 1.087
202312 1.309 129.419 1.309

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


Clear Channel Outdoor Holdings  (NYSE:CCO) 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.

Clear Channel Outdoor Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.44/7.5
=0.19

* 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 Clear Channel Outdoor Holdings was 0.61. The lowest was 0.06. And the median was 0.22.


Be Aware

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


Clear Channel Outdoor Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Clear Channel Outdoor Holdings (Clear Channel Outdoor Holdings) Business Description

Traded in Other Exchanges
Address
4830 North Loop 1604 West, Suite 111, San Antonio, TX, USA, 78249
Clear Channel Outdoor Holdings Inc is one of the world's largest outdoor advertising companies. The company is engaged in providing advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays for its clients. Its reportable segment includes America; Airports; Europe-North and Europe-South. The company generates maximum revenue from the America segment. The America segment serves markets throughout the U.S., with over 90% of its revenue generated from billboard displays.
Executives
Ares Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii A (de) Holdings I, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Holdings I, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Justin Cochrane officer: CEO, UK & Europe 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Ares Voting Llc 10 percent owner C/O ARES MGMT, 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Assf Operating Manager Iv, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Acof Investment Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Holdco Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Gp Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Partners Holdco Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Holdings L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FL, LOS ANGELES CA 90067
Ares Management Corp 10 percent owner 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Investment Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Asof Holdings I, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT LLC, LOS ANGELES CA 90067
Assf Iv Aiv B Holdings Iii, L.p. 10 percent owner 2000 AVE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067

Clear Channel Outdoor Holdings (Clear Channel Outdoor Holdings) Headlines

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